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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 2338
Forum Topic:

USD

Discuss USD
 
subway90
Korea Sout
Posted Anonymously
12 years ago
Oct 1, 2010 7:56
yes catnip... maybe not today... but it's coming.. :)
catnip
Frankfurt, Germany
Posted Anonymously
12 years ago
Oct 1, 2010 7:46
USDx is not eyeing 76 EURUSD is not crossing 137 and no QE is announced just as I predicted
without any chartastrology.
Fact is private debt in Eurozone is now as high as US and retail revenues crashing.
That is what is really going on in Euroland.
All else is chartastrology and wishful thinking.
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Sep 30, 2010 17:57
Interesting the DX appears to have bounced off the 70.7% level (daily chart). Not too many fib traders use the level but I find it does often play in some instruments. Ok now I spooked it for more downside.
said
France
Posted Anonymously
12 years ago
Sep 29, 2010 22:59
refer to the trade preference program from GAO release.
cri cri d'amour
said
France
Posted Anonymously
12 years ago
Sep 29, 2010 22:19
catnip, xaron, ashraf

fight for competitiveness is going push the house to maybe adopt the bill and impose levy to countries who purely depreciate their curencies. so that means some asian country will benefit from preference tarif and so called preferabilty. i just saw a hearing on the PEntagonchannel.mil, that made roughly two years i havent been watching and was thinking about how some buisness are gonna be impact in south east asia.
as we know be friend with state dept to be friend with the barbudos of the treasury, u know the one that let grow the baird. nothing will change the same company will be involved with their organigram with an emphasis from sovereign capital inflow; nobody knows how and where to iron a shirt perfectly.

to finish big mistake from islamic bank to issue loans of that amount.
NOT GOOD FOR CAPABILITIES.
Ashraf Laidi
London, UK
Posts: 0
12 years ago
Sep 29, 2010 20:59
USDCAD seen at 1.0375-80 ahead of tomorrow's Jul GDP.

US FX PRESSURE ON CHINA is another source of trouble for the USD (the other source being anticipated QE2) as US House of Reps is set to pass legislation enabling US to levy tariffs against nations whose currencies said to be artificially and fundamentally devalued. While weve been in this boat of threats before, the House bill must be backed by the Senate before winning approval from President Obama. Although it is unclear whether the White House will approve such a combative bill on China, FX markets simply need prolonged attacks from Congress on China to sell USD further. The RULE OF THUMB in FX is to sell any currency whose country engages in policies of competitive devaluations. Readers of my book will find in detail how the Bush tariffs on Chinese and Brazilian steel manufacturers coincided with the top of the US dollar in 2002. You will also remember that 2002 was a midterm-election year.

Ashraf
choethebull
Canada
Posted Anonymously
12 years ago
Sep 29, 2010 19:53
HI ASHRAF, NOTICING A HUGE DISCONNECT from usdcad vs oil price an s&p...so if any1 playing short be very carful..watch out for chinese curveball:)...gl guys..
said
France
Posted Anonymously
12 years ago
Sep 29, 2010 19:24
dont make cry the burgess wolf
said
mulhouse, France
Posts: 2822
12 years ago
Sep 29, 2010 16:48
eh gotcha guy
bloomber FU shoed us some panda
DO U KNOW WHAT IT MEANS.
fha and bamboo habitat

so impressive
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Sep 28, 2010 19:46
My take is QE will not work and very inefficient weapon which ultimately weakens us all further. Several years more of de-leveraging lie ahead during which we will probably see another bank crisis to pale the the last one into insignificance. A deflationary environment will continue and stocks will turn down to alarming levels. USD will rise and gold will crater. If anything gets us out of the sh*t it will be the scientists rather than the politicians or money spinners. Gonna take at least a decade, probably two to see some light and even then we will see a slow jobless recovery. Inflation lies way into the future. Watch all commodities crater and watch some frightening attempts to devalue currencies. Trade wars --- probably.

I have a lot of respect for Roubini and would be interesting to have a very private conversation with him.