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by Ashraf Laidi
Posted: May 14, 2009 16:44
Comments: 54
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This thread was started in response to the Article:

Oil to Underperform Metals

Forex, oil, gold & equity implications of rebounding Gold/Oil Ratio.
 
123456
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
May 16, 2009 17:12
Ashraf,

I read something about ONS figures overstating UK high st sales over the last couple of years. This is clearly a negative for sterling.
taha
Cairo, Egypt
Posts: 50
15 years ago
May 16, 2009 10:59
Hi Ashraf ,
I would like to know what is the impact of the expected inflation on the Usd ? . which currency do u prefer for long term ? . Do you think the oil will hit the highs of july 2008 ? .
Finally , your recomendation for the next week .
Taha
Ashraf Laidi
London, UK
Posts: 0
15 years ago
May 16, 2009 0:50
Speculator, yes it is very possible to see $1.35 on sharpened selloff in equities.

Pipples, Looking for trend line resistance at 1.20 mid next week.

Ashraf
Pipples
Yorkshire, UK
Posts: 34
15 years ago
May 15, 2009 18:53
Where do you see USDCAD (just got to 1.18) going long term Ashraf?

Also, I scan here and your Twitter all the time - must say, fair play to you giving (lots of) time to help and advise. Kind of you.
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
May 15, 2009 18:52
ashraf i liked the bloomberg video today,

the dollar has not benefited too greatly lately against sterling as you predected.

do u agree with some currency strategists that cable could fall below 1.35 if we fall in to a deep bear market with new lows assumung no signs of worsening economic data. Not sure if that could be a possible set of assumptions.....
Rob
New York, United States
Posts: 305
15 years ago
May 15, 2009 18:46
You're the FOREX /INTERMARKET WIZARD!!! Have a great weekend!!!
Ashraf Laidi
London, UK
Posts: 0
15 years ago
May 15, 2009 16:46
Shankar, time for AUDJPY to take some time off as yen strength is becoming increasingly relentless now that stocks are topping out. In fact, yen strength is particularly robust, dragging all currencies to their lows of the day.expect to see 70 early next week.

Ashraf
Shankar
Melbourne, Australia
Posted Anonymously
15 years ago
May 15, 2009 15:12
Hi Ashraf, i have been trading Aud/Jpy and being doing fine for last few months but now to me it looks very very vulnerable. do you suggest i still long Aud and short yen or wait for pullbacks or else suggest other currencies. I like to take long term views while trading currencies, thats what i have been doing for years and most often than not it has worked out well for me.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
May 15, 2009 12:33
Thanks Gary. Id say those cyles in FX are not exactly obvious to intermarket participants. speaking of cycles, the pattern in USDJPY from jan to today is very similar to that from April '08 to mid July '08. And we all know what happened next...
Ashraf
gary
toronto, Canada
Posts: 19
15 years ago
May 15, 2009 0:35
AShraf, just got the workbook. Many thanks for putting it up. those cycles on dollar/yen and pound/dollar are astounding ! are those cycles known facts in the interbank community? the gold/silver stuff is also great. thanks a bunch !

G
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