2 days before the ECB meeting, ECB pres Draghi is expected to meet with Bundesbank president Weidmann. Will it be to discuss the possibility of restarting the securities markets programme to buy Spanish and Italian bonds, a program widely opposed by the Germans. Draghi's. While Wednesday's FOMC decision is expected to produce no call for action from the Fed regarding QE3, the ECB may reiterate its readiness to restart the SMP, but no as soon as this week. Spanish and Italian 10 year govt yields are 10-15% off their highs, while G10 equities are only 3-5% below their 2012 highs. For tradable ideas on EURUSD, AUDUSD, GBPUSD, gold and silver, see Monday's Premium Insights here: http://ashraflaidi.com/products/sub01/access/?a=670 Non subscribers can join here:http://ashraflaidi.com/products/sub01/
You thought that quiz i posted last Friday in Cordoba had nothing to do with the markets. Think again. 3 of the 4 numbers are related to oil, rather to to a certain date to be more precise. Out of the several trades I shared with the WhatsApp Group, the one that remains valid right now (if you receive this late) is Short USDJPY --and we're going to 157.70s. Watch the brief video til the end to understand the meaning and possible implications of the numbers for today's actions/events. Watch here.
US crude oil Update
سأرسل رسالة صوتية و كتابية توضيحية لأعضاء مجموعة الواتساب الخاصة حول هذه المخططات - Will send detailed note on latest parameters to our WhatsApp Bdcst Group...
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Understanding US Dollar 2018 2019
I created this chart in December 2024, pointing to the importance of understanding some of the fundamental events shaping USD Index between 2018 and 2019. Why 2018 and 2019.
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