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

USD

Discuss USD
 
mandiwie
kartitsch, Austria
Posts: 69
14 years ago
Mar 18, 2010 18:32
Ashraf on March 16, 2010 12:38 ET: WILL FED RAISE THE DISCOUNT RATE TODAY? you anticipated the possible hike, guru or knowledge ?

I wonder, why does FOMC not officially announces this hike at an important event, acessible for everbody , but leaves it up to rumours 2 days later ?
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Mar 18, 2010 16:15
ALERT

Dollar rising across the board amid DEALER TALK of Fed DISCOUNT RATE HIKE TALK is pushing up USD.

RATIONALE: Discount rate now at 0.75%, which is 50 bps above Fed funds, well below the 100-bps spread prevailing before the beginning of the easing cycle (Aug 2007 discount rate cut).
Such reasoning helps address the question on why the Fed opted for an inter-meeting rate hike in February. The agenda of the Fed may have been to raise the discount rate by 25-bps in each of Feb, March and April (or June).

Ashraf
said
mulhouse, France
Posts: 2822
14 years ago
Mar 17, 2010 23:53
10900 10925
said
mulhouse, France
Posts: 2822
14 years ago
Mar 17, 2010 22:53
@SPEC

there is the beginning of a correction in tokyo. five wave down move
speculator
Posted Anonymously
14 years ago
Mar 17, 2010 18:45
i have a very strong feeling the dollar will surge when dollar/cad bottoms (probably nowish) we saw a similar thing when dollar/chf bottomed.
Juke
California , United States
Posted Anonymously
14 years ago
Mar 17, 2010 17:01
At least it looks like a resumption of USD carrytrade. Even JPY is up against USD in the last few hrs. And guess it will continue in the next few days ... at least till Thu before CPI!? Just my opinion.
INGbalek
Trencin, Slovakia
Posts: 120
14 years ago
Mar 17, 2010 9:08
A for the usd..
The market is now bearish against usd, after yesterday's fomc .. at least it looks like..
But, as far as the usdx is above 79,20, should we, who are usd bulls, still be confident in our opinion?
Because, when fomc didnt try to hike rates, or even didnt mention anything in the way of leaving those always mentioned cliche words "extended period of time" etc., I truly want to believe, they left that room for next months meeting..
As for the discount rate..
i remember, last month when they hike this rate, it wasnt planned, or it wasnt even in their schedule, or even mentioned before. No one ever spoke about it..
Can they just hike whenever they want or it has to be announced, that they r gonna decide whether yes or not..?

thanks
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Mar 16, 2010 13:33
MY VIDEO PREVIEW OF THE FOMC DECISION
http://bit.ly/aVtRUA

Ashraf
jjstone
Toronto, Canada
Posts: 45
14 years ago
Mar 16, 2010 11:52
Big #s at 8:30. Any thoughts?
said
mulhouse, France
Posts: 2822
14 years ago
Mar 15, 2010 20:23
pipster

10475 might be a support level for dow jones