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by Ashraf Laidi
Posted: Dec 18, 2009 18:24
Comments: 80
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This thread was started in response to the Article:

Dollar Sobers Up Despite Fed PunchBowl

Time for US dollar to regain some composure, especially against the sterling, whose 2010 fortunes for the year appear dismal at best.
 
rim
Turkey
Posts: 121
11 years ago
Jan 12, 2010 14:44
Dear Ashraf ,

Chinese tightening policy , Canadian and US trade deficit and Venezualian devaluation how will

effect DXY ?
Davidau35
Hong Kong
Posted Anonymously
11 years ago
Jan 4, 2010 16:27
Bernanke is actually very worrying about the upcoming Hyperinflation deep down
BUT he "talked Deflation" to make sure all you fools sleep with your
hyperinflated worthless cash......
Davidau35
Hong Kong
Posted Anonymously
11 years ago
Jan 4, 2010 16:09
Rubbish USD Index Rebound Bubble has bursted badly! Only fools rushed in to buy last month!! These fools will pay a high price!!!
Rob
New York, United States
Posts: 305
11 years ago
Jan 4, 2010 1:09
Wishing Ashraf and all the members of the forum a Happy, Healthy, and Wealthy 2010 and beyond!!!
Ashraf Laidi
London, UK
Posts: 0
11 years ago
Dec 28, 2009 23:45
Dan, id say around 7.45. The path will be interesting to see.

Ashraf
Dan
New York, United States
Posted Anonymously
11 years ago
Dec 28, 2009 23:16
Ashraf, what's your end of Q1 forecast for USD/SEK? Thanks as always.
Ashraf Laidi
London, UK
Posts: 0
11 years ago
Dec 28, 2009 5:21
abz see today's IMT

piper, it depends what kind of $$ we're talking about and what % of risk capital is involved.

Dan, more like stabilization of USD and NOT outight and broad sterngth. And these gains will vary against currencies.

Ashraf
Dan
New York, United States
Posted Anonymously
11 years ago
Dec 28, 2009 4:57
Ashraf, I gather you are of the view that USD generally is going to strengthen against other G10 currencies in H1. Is that right? Thanks.
said
mulhouse, France
Posts: 2822
11 years ago
Dec 27, 2009 23:41
eh forum
eh ashraf
is anybody there? still digesting the feast table?

within the trading day yen probably back at 91.15
asad
London, UK
Posted Anonymously
11 years ago
Dec 25, 2009 23:18
Evan,

I somewhat agree w/ your premiss. But whatever way you take fundamentals, they're subjective compared to technicals.

Say, if 68.50 is supposed to be the support level for oil, you, I, Ashraf and Goldman alike would know this key level...& how to react here. However, earlier this month, when Iran declared that it's building eleven (?) new nuclear facilities, there was confusion as to whether the event was important enough to turn into a standout...& influence oil prices. Your, my, Ashraf's and Goldman's judgement would have varied wrt buying oil. (The price increased over a dollar after a while of the news item release...probably because the market wanted someone to take the lead)

But yes, once break-outs occur, it's herd effect thereon. Your tulip and housing examples are apt. Again, because technicals are available to all & sundry...it's the fundamental information (& the interpretation of it) that makes the real difference!

Finally, fundamentals can throw all technicals out of the window in a flash. Imagine you woke up tomorrow w/ Greece declaring bankruptcy...or Israel attacking Iran's nuclear facilities...


Asad