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by Ashraf Laidi
Posted: Nov 3, 2009 15:33
Comments: 25
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This thread was started in response to the Article:

FX, Oil Eye Equity Inflection

 
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Nov 9, 2009 9:26
NewMan, you're right. This IMF story is the MAIN reason why dollar is down across the board. Asian equitiies didnt do that great. Nikkei rose only 19 pts.

Ashraf
14raj
Kolkata, India
Posts: 210
13 years ago
Nov 9, 2009 5:57
Thanks Spec and NewMan for valuable advice.
regards,
rajib.
NewMan
Minnesota, United States
Posted Anonymously
13 years ago
Nov 9, 2009 5:09
Ashraf: I know you're a very busy man. And I realize this newest article of yours is only 6 days old. But please write another one (with a Big Picture focus or implications) soon. We "Little Fish," who almost never get the high-quality advice that only the rich can afford, rely on you to help us survive. :^) THANKS for all your help. --NewMan P.S. I and my family and friends and their families and friends DON'T want to end up in a sardine can! (Just as you share your expertise with us, I try to pass my imperfect understanding on to as many people as I can help. Ultimately, WE'RE ALL IN THIS TOGETHER.)
NewMan
Minnesota, United States
Posted Anonymously
13 years ago
Nov 9, 2009 0:52
14raj: Maybe I'm missing something here, but isn't the IMF saying that the dollar is OVERVALUED?http://www.bloomberg.com/apps/news?pid=20601110&sid=a5ritflpCi34 All the best. --NewMan
NewMan
Minnesota, United States
Posted Anonymously
13 years ago
Nov 8, 2009 20:50
14raj: I certainly can't answer for Ashraf, but wonder if you've seen this article that gives some indication of his thinking for the coming weeks. Please go to the "Intraday Market Thoughts" tab at the top of this page...and once on that page, click on the top post (Nov.6). In the article, "Ashraf Laidi Regains #1..." you'll see that "In the medium to long term, CMC expects some dollar strength..." Then go into the table below the article, entitled "Current Forecasts." There, in the first column, you'll see Ashraf's forecast (CMC Markets) for Euro/dollar. The Euro is now at 148.47. Ashraf forecasts that in one month (I assume from the beginning of November), it will be 1.46 -- so the dollar going up for roughly the next 3 weeks or more. Then: 3 months out: 1.49; 12 months: 1.56. Hope this helps. Good luck to you!
speculator
Posted Anonymously
13 years ago
Nov 8, 2009 2:32
14raj thats a very good question. i believe ashraf worked for the imf so should have a good idea. but they specifically mentioned weakness against the juan i believe.
14raj
Kolkata, India
Posts: 210
13 years ago
Nov 7, 2009 20:06
Ashraf,
IMF said US Dollar still undervalued.Whats your personal view on this remark?And do you think this word UNDERVALUED will have any effect on Dollar crosses and commodities in coming weeks?
Regards,
Rajib.
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Nov 7, 2009 19:11
Ho, im bullish JPY again. look for 64.30 in kiwi/yen

thanks Newman

Ashraf
NewMan
United States
Posted Anonymously
13 years ago
Nov 7, 2009 1:48
Ashraf--Just wanted to say THANKS VERY MUCH for sharing your great insights and expertise. Very much appreciated. I just bought your book. Look forward to studying it. All the best -- NewMan.
Ho
New York, United States
Posts: 26
13 years ago
Nov 7, 2009 0:56
Hi Ashraf,

What is down target for nzd/jpy coming week, please advise. Tks.