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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

 
 
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Frank
Vancouver, Canada
Posts: 32
14 years ago
Nov 4, 2009 5:04
Thanks for the Aussie forcast ...
pipercolt
halifax, Canada
Posted Anonymously
14 years ago
Nov 4, 2009 1:54
Excellent multimarket analysys Ashraf.
GTNew
Arizona, United States
Posts: 33
14 years ago
Nov 4, 2009 0:24
Ashraf,

What do you see in terms of $SPX/Gold ratio support and resistance levels? Thank you.
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Nov 3, 2009 23:58
Rob, USDCAD daily stochastics do not look good, may test 1.0590 support. if ADP and ISM are solid enough, we could see USDCAD breach below 1.0580. All about the data and US/CAN jobs.

See what i wrote about GBP and BoE in today's article. if no QE at all, good for GBP, bad for markets then may drag down GBP. i expect 25 bln. not sure about sub 140 in gbpjpy before year end.


Ashraf
Rob
New York, United States
Posts: 305
14 years ago
Nov 3, 2009 18:45
Hey Ashraf,

Can you share any thoughts on USD/CAD -- I suppose oil is keeping CAD strong. Do you have any ideas on where this is going? Thanks a lot.

Additionally, Peter Grantham wrote an article in today's FT (more or less) saying that GBP will suffer if BOE extends QE AND that if they don't it would spook equity markets which would cause GBP to suffer as well. I thought it was an interesting take. Kind of a win/win to short GBP around the BOE meeting. Would you agree with that perspective? And I presume you are still looking for sub-1.60 before year-end? And perhaps sub 140.00 for GBP/JPY. Thanks again.
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