Forum > View Topic
by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:

GBP

Discuss GBP
 
1...218219220221222223224225226227228229230231232...306
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Apr 16, 2010 11:46
Imo it is UK's debt structure that supports GBP- UK is not in need to refinance and if so the short term rate is cheap. I do not think election plays any role in determing value of GBP. It will however after election but not to a big degree. It could be as Soros thinks GBP will depreciate but even that doesn't mean to short GBP. because all currencies will co-depreciate with possible exception of commodity currencies but even that is not sure. These may plunge if PBOC hikes. I think the consequence of sovereign bond crisis is a one for all global currency and elimination of cash. All virtual/ electronic under full control of govt the clearinghouse belongs to govt. If someone should notice some strange
similarities: yes that is Marx economy.
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Apr 16, 2010 10:52
See today's IMT on sterling & UK elections debates

Ashraf
sydneyjames
Sydney, Australia
Posts: 348
14 years ago
Apr 16, 2010 10:37
Long cable at 1.5400
PureStones
Korea Sout
Posted Anonymously
14 years ago
Apr 16, 2010 10:34
gbp/usd see up wedge pattern reverse expected.
speculator
Posted Anonymously
14 years ago
Apr 16, 2010 8:41
corrextion:Moreover, wages are barely going up but taxes have so the consumer will be heavily hit when BoE hike as half of mortgages are linked to the rate and currently enjoying extra income to spend.
speculator
Posted Anonymously
14 years ago
Apr 16, 2010 8:40
soros is clearly betting on lower sterling. But the nature of UKs debts are mainly far from maturity so they are highly unlikley to default any time soon. However other issues that could cause UK recession again:

High gasloine prices due to ever increasing taxes coupled with general inflation and rising interest rates will cause the double dip many economists expect. Moreover, wages are barely going up but taxes have so the consumer will be hardly hit when BoE hike as half of mortgages are linked to the rate and currently enjoying extra income to spend.
Tenapenny
Coventry, UK
Posts: 14
14 years ago
Apr 16, 2010 8:00
Khaled, do you mean thishttp://stk.ly/9NXeYX or just click IMT at top of page.
Khaled
Damascus, Syria
Posts: 18
14 years ago
Apr 16, 2010 6:38
Hi guys, Can anyone give z link 2 Ashraf latest IMT ON Gbpusd, I"m short cable and don"t know what 2 do
said
mulhouse, France
Posts: 2822
14 years ago
Apr 16, 2010 1:07
SHORT ON CABLE TILL 153 15310
SHORT TERM SUPPORT
montmorency
Abingdon, UK
Posts: 610
14 years ago
Apr 16, 2010 1:01
Some interesting comments below this article:
http://www.telegraph.co.uk/finance/economics/7587972/Greece-still-at-risk-of-debt-spiral-says-George-Soros.html
Report Reply
1...218219220221222223224225226227228229230231232...306