EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
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GBPUSD go short 1.6260 1.62
anyway, this stock market correction will NOT come this september but will come later.
We are due for a currency crisis again and it could be sterling certainly not dollar.
Moe, Ashraf will change his prediction on Down in a few months before end of this year......7400 is impossible.........we should look at the history of crisis which happen in many countries......all the major governments have ability to stabilize the stock market, they can print enough money and use fiscal policy to do it.........but none of the country can fully control their currencies if their currencies is fully convertible on the market.......
now, change of subject but i think one area to jump in to for investment is Property Funds UK . Better still to buy one offshore denominated in USD. Because i think the dollar will rise against sterling over the next 6 months minimum and property will rise in the funds based on speculation. So a perfect hedge even if dollar does go down, property is going up.