Speculator, you made some interesting points during your debate with cougar about bull market you in the dollar in the coming two years. Question: do you see equities breaking below march lows? and what's is your outlook for the US economy going forward?
BTW, I suggest you change your nickname to Economist rather than speculator since you are actually an economist based on what you said. ;)
In case the Fed meeting comes out with dollar negative news, and if at the same time we see continued drop in equities (which is dollar positive) how would you think the dollar would perform in the face of those two contradicting factors? in such a senario is better to stay away from dollar pairs and short commodities currencies agianst YEN?
Ashraf, you expect EURUSD to be around 1.36 by end of june. However, with the Fed meeting on june 24-25, don't expect them to announce additional QE which should be dollar negative and hence EURUSD much higher than 1.36? or do you not expect the fed to announce additional QE until the next meeting?
It seems like June is going to be a bad month for equities. The chart doesn't look too good, and looking at toady's action, we saw the market get all the good news it need to rally (good jobless report and well done bond auction), yet the dow ended with only +30pts. Does anyone else see that the market is fatigued? and thus, we can expect the market to move lower and the USD going higher?
We saw equities rally lately even though we heard a lot people saying that major pullback was inevitable. Now, however, most ppl are stating how lot of technicals support further gains in stocks. The question is don't major pullbacks usually happen when they are least expected? If you look the Citi stock today, so far it is down 4%. Remeber the Citi stock was the leader DOWNWARDS when we hit the lows months ago.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(10 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(10 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(10 months ago)
How bitcoin halvingreduces bitcoin inflation below that of gold and how its "hardness" can beat every other asset & currency over time. Watch here.
كيف تنخفض نسبة التضخم في بيتكوين تحت نسبة تضخم الذهب و ما يعني "صلابة" بيتكوين كعملة او إرادة؟
Latest Hot-Chart - Apr 09
Bitcoin versus Miners Performance
As many of you know 2023 was kind to members of our WhatsApp Broadcast Group who snapped up shares in bitcoin miners, while 2024 has so far been more superior to Bitcoin than most of the miners...
View Hot-Chart..
BTW, I suggest you change your nickname to Economist rather than speculator since you are actually an economist based on what you said. ;)
Thanks and keep up the good work,
Slaiman
Does it not seem strange to see Gold and silver down today, while the dollar was also down?
In case the Fed meeting comes out with dollar negative news, and if at the same time we see continued drop in equities (which is dollar positive) how would you think the dollar would perform in the face of those two contradicting factors? in such a senario is better to stay away from dollar pairs and short commodities currencies agianst YEN?
Thanks
Dear all,
Glenn Neely, considered as one of the best market timers, announced that S&P could go below 500!!!
Check the link below. http://www.prweb.com/releases/2009/06/prweb2537224.htm
Ashraf, I am not sure if you allow such links in your forums. I apologize if you don't. I would really like to get your opinion about such prediction.
Thanks
Mo, thank you very much.
Ashraf, you expect EURUSD to be around 1.36 by end of june. However, with the Fed meeting on june 24-25, don't expect them to announce additional QE which should be dollar negative and hence EURUSD much higher than 1.36? or do you not expect the fed to announce additional QE until the next meeting?
slaiman
Dear Mo,
Could you please let me know how you got those reports from Wells fargo and bank of new yourk mellon? is there a way to sign up for them or buy them?
Thanks
Do you see a major head and shoulder formation in EURUSD chart that could lead EUR down to 1.32?
Thanks
It seems like June is going to be a bad month for equities. The chart doesn't look too good, and looking at toady's action, we saw the market get all the good news it need to rally (good jobless report and well done bond auction), yet the dow ended with only +30pts.
Does anyone else see that the market is fatigued? and thus, we can expect the market to move lower and the USD going higher?
Sleiman
We saw equities rally lately even though we heard a lot people saying that major pullback was inevitable. Now, however, most ppl are stating how lot of technicals support further gains in stocks. The question is don't major pullbacks usually happen when they are least expected?
If you look the Citi stock today, so far it is down 4%. Remeber the Citi stock was the leader DOWNWARDS when we hit the lows months ago.
Sleiman