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by Ashraf Laidi
Posted: Sep 23, 2009 20:17
Comments: 57
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Yield Curves, FX & LIBOR Trends

Medium term trends indicate the US yield curve is ready for a major break out at the expense of the USD, while LIBOR trends offer more downside room for GBP.
 
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Chartvuze
salisbury, UK
Posts: 18
15 years ago
Oct 8, 2009 14:06
Hi Ashraf

Due to the fact that AUDUSD has broken 0.90 do you think there is going to be a major retracement
and also how far do you think it will go up over 3 to 6 months

Thanks for your opinion regards
Rob
New York, United States
Posts: 305
15 years ago
Oct 6, 2009 15:52
Hey Ashraf,

This is some risk rally! And I wonder how Shanghai will contribute when they get back. Anyhow, can you give time-frames, targets, and or thoughts about the direction of USD/CAD? Thanks a lot.
Rob
New York, United States
Posts: 305
15 years ago
Oct 5, 2009 19:46
14raj, thanks for your comment --- I would guess that if the 1.0650 support is broke that it will continue down, though I suppose 1.0620 may be considered an "overshoot".
14raj
Kolkata, India
Posts: 210
15 years ago
Oct 5, 2009 19:39
Rob.
its my personal view...in USDCAD, a good upward bounce should be there from 1.0620 range. But range breakout bit impossible to speculate.
Rajib.
Rob
New York, United States
Posts: 305
15 years ago
Oct 5, 2009 19:07
Will this pair ever break out of this range? 1.1100- 1.0650? And if so, which way first? Or perhaps these levels will simply provide solid resistance and support to trade through the range?

Any thoughts anyone?
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Oct 5, 2009 2:11
as i just said on twitter 2 mins ago, LOOK FOR AUDUSD to reach 0.8750-55 from current 0.8719. comfortably.

Ashraf
Rob
New York, United States
Posts: 305
15 years ago
Oct 5, 2009 1:52
If time permits, check out "daily" GBP/JPY chart (at least) back to Sep. '08. - - Looks to me like EVERYtime GBP/JPY formed a hammer, it closed at a higher level the next day. IMT 20 min. ago - "GBP/JPY eyes 144.90-.00" from current 143.35...
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Oct 5, 2009 0:20
Rob, Japns doing those posyt-G7 comments.http://bit.ly/NPf6B

AS I SAID IN THE WEBINAR, EVERYBODY WHO TRADES FX MUST HAVE STREAMING NEWS IN THEIR PLATFORMS.


****IT IS EVERY TRADERS' RESPONSIBILITY TO READ THOSE NEWS AND READ BLOOMBERG HEADLINES**** you can also check out TWITTER.

Ashraf
Rob
New York, United States
Posts: 305
15 years ago
Oct 4, 2009 18:02
Ahh, disregard last comment as here is Ashraf's tweet regarding the topic; if you haven't read it: "might see some USD weakness after G7 statement didnt specify USD but careful from additional behind scenes remarks $USDCHF"
Rob
New York, United States
Posts: 305
15 years ago
Oct 4, 2009 17:58
Hi everyone,

Since the G-7 avoided weak dollar criticism, the "consensus" seems to be that the dollar will trend lower. Any thoughts out there?
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