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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 2338
Forum Topic:

USD

Discuss USD
 
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Tony G
UK
Posted Anonymously
13 years ago
Dec 28, 2010 12:36
Ashraf gets as many calls wrong as he gets right - these markets have a habit of going the opposite of what most think. Having said that I think today we may be seeing peaks in stocks as well as the risk trade similar to November before the big sell-off happened.
sub
UK
Posted Anonymously
13 years ago
Dec 28, 2010 12:18
ashraf,
aud right shoulder negated for sure now? china rake hike has certainly not seen aud sell off 2%, if anything, its risen 2%. do you still think we see 97?
appreciate your thoughts

sub
chloethebull
Canada
Posted Anonymously
13 years ago
Dec 27, 2010 12:23
im not surprised.i found it interesting that markets went into the holidays @the highs,basically send a clear messege that things will continue to trend higher:( gl
Callum
Singapore, Singapore
Posts: 179
13 years ago
Dec 27, 2010 7:10
Is it just me who's surprised at the muted EURUSD response (and propped up mildly) during Asian session since open to the China rate hikes news?
sydneyjames
Sydney, Australia
Posts: 348
13 years ago
Dec 25, 2010 23:35
i personally think china rate hikes will cause usd to go up, which will cause the usd jpy to go up.
Gunjack
London, UK
Posts: 1184
13 years ago
Dec 25, 2010 15:08
@Ashraf - Forum - what do folks think the chinese rate hike will impact USDJPY?
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Dec 25, 2010 12:15
Today's chinese rate hike is the 2nd in 2 months and in 3 years. It should hurt the currencies already vulnerable ie EUR and GBP vs both USD and JPY. We may see a pullback in Aussie and Kiwi but I don't see any major selloff (no more than 2pct) without a notable decline in global stocks. So stick to basics as the euro negative story has just got another confirmation.

Ashraf
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 22, 2010 20:22
In 02 I had been running a little mortgage biz employing just 2 sales guys. I had to attend an FSA meeting and stood up in front of 140 delegates to warn the FSA bods that they needed to urgently regulate the banks. I said that if they allowed the liar loan products to continue with no checking on self cert sub prime they were heading for a disaster the likes of which we have never seen before :-) I added that the credit reference agencies were a bunch of incompetants and also needed sorting.

Their answer was the banks were already regulated, they didnt care !

I never dreamt it would take another 5 years for the sh*t to hit the fan.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 22, 2010 20:15
Yep Gunjack, I have learnt my lesson with that one too many times, lol.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 22, 2010 20:13
And from 02 SPX lows to 07 SPX higher high stocks lost value from 00 highs due to dollar depreciation. It was a bear mkt rally which took out the 00 high. Felt well cheated with that one.
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