ashraf if the fed is more hawkish on exit than expected ,how big of a sell off in the markets an how high usd goin ...not that i think it will happen but nice to know ....ok thanks
nzvik, with my bearishness in oil, i see USDCAD braking 1.0830 but still unsure about break of 1.0870. wait for Canadian job figures due 1.5 hrs before US data.
chloe, Aussie fell back quickly after the RBA raised rates by 25 bps but sounded cautious over the strong currency meaning a Dec rate hike is not at all certain.
srry im not asking my question in the right manner...i was wondering with the way the markets ended today an crude missing key levels 1047..9900..78.50..if there is a rate hike does this take away from it or if theres no increase will there be added sellin pressure..thanks srry for being a novice gl
chloe, i had a whole IMT/Video analysis on RBA. in order not to miss the IMT, you should subscribe to it and get it via email. see the upper right corner of the homepage. Otherwise, it is no point for me to write stuff on the website and do the videos.
srry ashraf i missed it but thanks for the reply..ashraf is it to ask about stocks or is this strickly forex only..if its ok i was wondering what u thought about research in motion (rim)at this level..ok thanks
pollux, euronok seen at 8.65, gbpnok capped at 9.7.
chloe, did u see my video analysis? I said if no RBA hike then very negative AUD across the board and generally positive USD. if they do 25-bp hikle then positive AUD. aussie gaining in late NY ahead of that RBA hike. But 25-bo hike will be especially positive aussie if japns stocks are on the rise. if theyre flat, then 25 bps may be have shortlived positive impact. 0.9170 resist followed by 0.9220.
hi ashraf..both s&p an dow failed to reach there close level above of 1045-47..dow 9900..as well crude failed 78.30...now goin along with that if rba leaves rates alone would u expect a huge rally in usd?i also noticed that gold was up 21dollars but gold stock were flat to down ..is there anything to be taking away from that..i woulda thought with gold up so much gold stoks woulda rallied ..now if rba does raise rates will there be a big rally in the dow an s&p..or due to the fact they failed there reached there close levels will there be a small sell off in usd... thanks for your opinion
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)
Ashraf
Do you see the down trend intact in USDCAD or do you see a break upwards
thanks
Ashraf
i own RIM for a long time and wont sell it.
Ashraf
chloe, did u see my video analysis? I said if no RBA hike then very negative AUD across the board and generally positive USD. if they do 25-bp hikle then positive AUD. aussie gaining in late NY ahead of that RBA hike. But 25-bo hike will be especially positive aussie if japns stocks are on the rise. if theyre flat, then 25 bps may be have shortlived positive impact. 0.9170 resist followed by 0.9220.
Ashraf