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by Ashraf Laidi
Posted: Apr 2, 2009 17:50
Comments: 21
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This thread was started in response to the Article:

Aussie's Latest Boost

The rally in copper and wheat enforces bullishness in the Aussie
 
Ashraf Laidi
London, UK
Posts: 0
12 years ago
Apr 16, 2009 12:31
Ismail, Q2 seen dending at 1.30. year end around 1.34.

Ashraf
Ismail
Baku, Azerbaijan
Posted Anonymously
12 years ago
Apr 16, 2009 2:00
Hi Ahsraf, what is your short-term outlook (2nd quarter), as well as end of year outlook on EUR/USD? Thx
Ashraf Laidi
London, UK
Posts: 0
12 years ago
Apr 15, 2009 7:15
Nick, your question is right on.. NZD is a better short than AUD and NOK because NZ fundamentals are not as robust. RBNS still widely expected to cut rates by at least 50 pts (not the case with RBA). Thpugh Norges bank said they coudl take rates down below 1.50%, their fundamentals are far better than NZD. GBP behaving as a risk currency due to successful sale fo Barclays Ishares and lack fo bad news on british banking front.


Rob, thks for your kind words.. but my calls on CAD have not been good. i had been far too bearish too early in the loonie.. yet it does look increasingly negative as BoC speaks of quantitative easing.

Ashraf
Rob
New York, United States
Posts: 305
12 years ago
Apr 15, 2009 3:12
Hey Ashraf,

Fantastic calls these past few days (as usual) - and thanks for the specifics on those calls in the chart and IMT's.
Nikkei-225 closes morning session at 8,768.35!!! - You're 8,770 mark couldn't have been better!!!

Thanks for everything!
Nicholas Ellis
New York, United States
Posted Anonymously
12 years ago
Apr 15, 2009 0:46
Hi Ashraf,

Do you think the Kiwi is the best high yielder to sell on risk aversion days as opposed to the NOK and the AUS?

Also, why do you think the pound is acting so bullishly compared to the EUR? Is it because the BOE is already in Quant Easing?

Thanks for all the analysis.

Ashraf Laidi
London, UK
Posts: 0
12 years ago
Apr 9, 2009 17:27
Chris, good points. technically, pair looks very consolidative, but i really prefer Aussie fundamentals to those in South Africa. Today's candle may be a positive for the Aussie but subsequent support seems to stand at 6.40.

Ashraf
Chris
Cape Town, South Africa
Posts: 3
12 years ago
Apr 9, 2009 14:05
Hi Ashraf,

What are your thoughts on the AUDZAR over the coming two months (until end of bear rally like you postulate will be June-July), it seems the ZAR has benefited more from the increased risk appetite than has the AUD.

Thanks for great book and site. Chris
Ashraf Laidi
London, UK
Posts: 0
12 years ago
Apr 8, 2009 17:58
Shankar, are you sure you want to buy AUDJPY at this point? Bear in mind the pair is positively correlated with equities and overall equity indices may come under further pressure during earnings season. Not sure what's your horizon or margin contraints, but keep in mind of the 68.35 support, which is a trend line support as well as a prior high (Jan 6). Ive talked about going long AUDJPY in last week's Hot-Chart. How about going long AUD vs NZD?

Ashraf
Shankar
Australia
Posted Anonymously
12 years ago
Apr 7, 2009 14:51
Ashraf, I have just stopped trading on EURAUD, i was selling Eur against the aussie. Now I am looking to short yen against aussie in the view that japanese core export industry cant survive in the long run without yet eventually heading to around 160 against USD. Politically and even monetarily they are very strong to let that not happen i,e, take it down to 160 against used. Fair comment.??
f
Brussels, Belgium
Posts: 25
12 years ago
Apr 6, 2009 17:00
Thank you Ashraf!