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by Ashraf Laidi
Posted: Nov 10, 2009 16:34
Comments: 611
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Don't Forget the Yen

Much ado about USD rebounds during falling markets, but JPY strength still outperforms USD.
 
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said
mulhouse, France
Posts: 2822
14 years ago
Jan 26, 2010 13:18
celtic

jsut because its andorra and you anywhere.

1.42 for eurusd. thats not acurate just objectives.
celtic girl
Arinsal, Andorra
Posted Anonymously
14 years ago
Jan 26, 2010 13:10
Said........l was being far too generous,l thought with "cash for clunkers" reduction in vat, quant.
easing, there would be a bit of a bounce in the ecnomy, but alas it was not to be. l have an
account in usd, Ashraf has just pointed out that the50 day ma has just crossed over the l00 day
on the usd index, what are your views on the dollar, do you see it rallying.
said
mulhouse, France
Posts: 2822
14 years ago
Jan 26, 2010 12:50
celtic
thats too short for cheltenham gold cup commenting!!
celtic girl
Arinsal, Andorra
Posted Anonymously
14 years ago
Jan 26, 2010 8:31
Prediction for uk gdp -0.2pc
rkkashmir
Posted Anonymously
14 years ago
Jan 26, 2010 5:37
Why all the panic? So what usd/jpy below 90.00 on Chinese news everyone has known about. This is all regurgitated old news of the past few weeks. jpy rates dipping below usd rates. That is positive for usd in the usd/jpy pair.

What does that tell you? Take advantage of the fear in the streets and the opportunity presented. That's what FX is all about.
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 26, 2010 5:20
In all the chaos, the Goldman-backed Cable Cartel has eur/gbp ONE pip above it's low for the day, and over 100 pips lower than the start of trading this week.
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 26, 2010 5:17
Goodbye dear buddy usd/jpy, somewhere in the 89.50s now. Everything getting destroyed except for the Goldman-backed Cable Cartel gbp/usd.

Go Goldman go-add more instability to all the markets. Do what you do best and fleece the public to line your pockets, then pay out billions in bonuses.
kleooo
BG, Norway
Posts: 17
14 years ago
Jan 25, 2010 20:50
Thanx Ashraf.
I am going long on the usd/jpy, i c 92 coming in feb.
Regards
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Jan 25, 2010 19:09
kleeo, Perhaphs against the USD, but not necessarily so against other currencies. Markets will have to rebound convincingly for this risk aversion to go away.

And even though the data are getting better (excluding today's awful housing figs), it is POLITICAL ELEMENT OF Washington that is preocuppying markets.


Ashraf
kleooo
BG, Norway
Posts: 17
14 years ago
Jan 25, 2010 14:17
Hi Ashraf

Do u see a weakening in the yen in the coming weeks?

Regards
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