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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
redstone
bristol, UK
Posted Anonymously
13 years ago
Jan 30, 2011 17:19
Hi catnip. yeah I trade GBP/TRY. EUR/TRY. am surprised at the continuing weakness of the turkish lira as they have no sub prime, good GDP and good stock market performance. Any idea why ?
Boli Mekura
Guam
Posted Anonymously
13 years ago
Jan 30, 2011 16:53
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Jan 30, 2011 9:59
Rationally PBOC must announce a hefty rate hike but whether PBOC hikes at all or just revives
the dead interbank market with fresh printed yuan ....dunno.
But the market model yields if PBOC does not hike and prints more money that's the death knell on China and trouble for USD. If PBOC prints more yuan and hikes big that is wonderful
for USDx and wonderful for US stocks and JPY and also EUR.
You can turn it up and down ... someone will bite the dust and it is not the USA.
Fanetti Mazakura
Osaka, Japan
Posted Anonymously
13 years ago
Jan 30, 2011 8:40
"Goldman's chief FX strategist, Thomas Stolper, however, said in an e-mail the bank remains constructive on the euro and expects it to hit $1.40 in three months, $1.45 in six months, and $1.50 in one year."

Catnip, are you working for Goldman, are you their chief FX strategist?
its_golden
Maryland, United States
Posts: 4
13 years ago
Jan 30, 2011 2:40
hi all. catnip, wouldn't you expect that china rate hike is bound to trigger a "risk off" period, where usd goes up; eur, stocks and commodities go down? i am thinking to short any bounce in eur/usd
Yoni
Turku, Finland
Posted Anonymously
13 years ago
Jan 29, 2011 15:51
Catnip, thanks for the explanation about the currency strength meter.
Can you tell me which currency strength meter to use? Which is your favorite. Thanks in advance.
Yoni
Turku, Finland
Posted Anonymously
13 years ago
Jan 29, 2011 15:36
Anwar Al Sadat name Hosni Mubarak VP in 1981. Al Sadat was assassinated shortly thereafter
djellal
LAUSANNE, Switzerland
Posts: 531
13 years ago
Jan 29, 2011 14:33
IMPORTANT

Hello ashraf,
i would like to know if at CMC you can provide fx options for the external money managers?
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Jan 29, 2011 10:31
One valuable hint free ...
who trades USD and EUR vs TRY and PLN , turkish lire and Poland Zloty?
It is very advisable to monitor EURPLN EURTRY USDTRY as these are not in any way subject
to trader sentiment. These pairs are a leading indicator of a major change , ie. something is
wrong
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Jan 29, 2011 9:47
The currency strength meter is fed from interbank data, not from market makers.
It is necessarily a trailing indicator and can as such be used with rational models which is a
leading indicator. Quite useful signals from currency strength is a beginning divergence for ex.
euro strength goes down while aud strength goes up, thus a signal for short EURAUD . Another useful signal is when the relative strengths of any currencies move in parallel. Currency strength meter is a useful tool to combine with rational model one has to wait until the strength charts matches the computation. In short to determine whether a currency strengthens or weakens versus all other N currencies on has to examine N charts at once. Why not have a program do it?