Forum > View Topic (Article)
by Ashraf Laidi
Posted: Jan 2, 2009 16:01
Comments: 23
View Article
This thread was started in response to the Article:

Risk Appetite Pushes the Envelope

Equities on their way of breaching above the 20% rebound limit.
 
 
123
Alex
New Jersey, United States
Posted Anonymously
15 years ago
Jan 2, 2009 23:01
Hi Ashraf,

On USD/JPY you mention that 92.50 and 97.50 are next possible "test" levels . I can see 92.50 but why 97.50 ? Thanks

Alex
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jan 2, 2009 22:44
Ced,

Not sure we could see 1.5 in GBPEUR anytime soon (0.67 in EURGBP) but maybe 1.14 or 1.13 (ie 0.85). Perhaps ECB will want to sound dovish after the BoE cut so that they avoid EURGBP from soaring higher. But eventually, ECB may stop cutting rates before BoE and 1.03 in EURGBP may take place as early as Q1. The top in EURGBP (bottom in GBPEUR) will take part sooner than later, maybe early Q2. Look out for bottom in UK rates, which is possible in end of Q2.

Ashraf
Ced
London, UK
Posts: 12
15 years ago
Jan 2, 2009 19:13
Hi Ashraf,

You predict 1.03 in EURGBP soon. So how low GBPEUR can go and when we can expect the bottom of GBPEUR?
Are we going to see 1.4 and 1.5 in GBPEUR ever again in future?

Ced
Report Reply
 
123