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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:

GBP

Discuss GBP
 
said
mulhouse, France
Posts: 2822
14 years ago
Apr 5, 2010 21:49
CHLOE

EXPECT A RETREAT IN gold BUT THE OVERALL UP TREND IS INTACT
AS FOR EURUSD STAYS CORRELATED WITH GLD

speculator
Posted Anonymously
14 years ago
Apr 5, 2010 21:45
however, off the point but i see a double dip in UK at 80% due to almost record high gasoline and borrowing rates which BoE will have to tighten due to fed coordinated pressures sometime this year. Add the fact that we have real wage deflation due to rising inflation and barely any growth in wages and increasing taxes next year!
speculator
Posted Anonymously
14 years ago
Apr 5, 2010 21:43
the correlations are never set in stone..dollar and stocks broke down some time ago...we could still get rising dollar and commods based on relative strength of US economy demanding higher energy sources eg oil..as investors bet on recovery
kin89
annaba, Algeria
Posts: 2
14 years ago
Apr 5, 2010 21:30
i think is 1.5357 is a key level and it may will bounce from there
chloethebull
Posted Anonymously
14 years ago
Apr 5, 2010 21:17
if $ tumbles does that mean comod go higher?srry but im too confused on the correlations between everything an i really appreciate every1 help an patients
speculator
Posted Anonymously
14 years ago
Apr 5, 2010 21:10
dollar could possibly tumble if no hike as so many expect it.
chloethebull
Posted Anonymously
14 years ago
Apr 5, 2010 21:06
@forum..if no rate hike can we see comodities continue to trend higher?thanks
speculator
Posted Anonymously
14 years ago
Apr 5, 2010 21:02
yes i suppose new york close we'll get the annoucement.
Juke
California, United States
Posts: 21
14 years ago
Apr 5, 2010 20:52
if fed discount rate hike would take place, it will be coming in around 4:30 pm EDT, which was the case in the last discount rate hike.
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Apr 5, 2010 20:50
GBP is 2y 10 y yield differential. UK has max of debt in 10 y 30 y securities and at present short term bonds UK can roll over into cheaper short term. I would not short GBP now but watch yield differentials.