Handler, all those concerns are valid and could well prevail over the medium term. But in the short-term, any signs of a repeat from what happend last week in oil and equities will continue to help USD as well as JPY vs. currencies such as GBP. As a trader, you must be aware of these dynamics. By the way, these same problesm you raised about the USD were also prevalent last year but did not stop USD from rallying ore than 15%. so it depends on your time frame. and one cannot ignore the reality of the market, otherwise every Economics PhD will be making millions trading FX.
I cannot understand why anyone at this moment will go LONG dollar.... It is to risky to play with the dollar, it will get a correction up, but as long as the FED is printing money.....and stock go down....or stocks go up.... still dollar is heading lower. Qin have been right about this. Anyway, look at oil, predicted to clear down at 50 dollar....that will be the correction (up) for the US dollar. There is absolutely nothing about the US economy that is positive at all (as I see it), it is just less negative. I am so bearish on USA that I never want to invest in any stocks over there.
The crisis we had is nothing compared to the one coming(1-10 years). This is such a dangerous game and it might be the best opportunity to buy stocks now, cause of this: Dollar is gonna crash totally in the end, that is why stocks are going up, cause a stock/dollar is gonna be the same. For instance, talking about oil, it is not "heading" higher in our (NOK) currency, cause the dollar is going lower. We get paid in NOK, so it doesnt matter if oil go up or down as long as the comparison is in dollar. See? It is the same with all commodities valued in dollars. The dollar is going lower, so the commodities is going higher, untill a total BIG crash!
again i was away for the day(nephews first day learning hockey)..thanks for the explaination an will wait for the news to come out this week...missed 2 of my exit prices but thats ok im sure we will see more usd stregth ..ok thanks gl
Chloe, US and european stocks rise therefore USD sellsoff. This relationship should be of NO surprise. Ive said before that Mondays in US session tend to show solid gains before correcting later in the week when the data releases begin. Markets cnanot go persistently down or up without interruption.
AGAIN, your margin usage should be your lifeline and heavy margin usage is everybody's downfall regardless of how well is their forecast.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(2 years ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(2 years ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(2 years ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (2 years ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (2 years ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (2 years ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(2 years ago)
tinyurl.com/ye5rfcm
9837 for the dow do u think its possible.
i try to validate some scenario
thanks
Ashraf
regards
It is to risky to play with the dollar, it will get a correction up, but as long as the FED is printing money.....and stock go down....or stocks go up.... still dollar is heading lower.
Qin have been right about this. Anyway, look at oil, predicted to clear down at 50 dollar....that will be the correction (up) for the US dollar.
There is absolutely nothing about the US economy that is positive at all (as I see it), it is just less negative.
I am so bearish on USA that I never want to invest in any stocks over there.
The crisis we had is nothing compared to the one coming(1-10 years). This is such a dangerous game and it might be the best opportunity to buy stocks now, cause of this:
Dollar is gonna crash totally in the end, that is why stocks are going up, cause a stock/dollar is gonna be the same. For instance, talking about oil, it is not "heading" higher in our (NOK) currency, cause the dollar is going lower. We get paid in NOK, so it doesnt matter if oil go up or down as long as the comparison is in dollar.
See?
It is the same with all commodities valued in dollars. The dollar is going lower, so the commodities is going higher, untill a total BIG crash!
What are your thoughts about this Ashraf?
Chloe, US and european stocks rise therefore USD sellsoff. This relationship should be of NO surprise. Ive said before that Mondays in US session tend to show solid gains before correcting later in the week when the data releases begin. Markets cnanot go persistently down or up without interruption.
AGAIN, your margin usage should be your lifeline and heavy margin usage is everybody's downfall regardless of how well is their forecast.
Ashraf