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 |
How I Assess CPI تداول بيان التضخم
;
فيديو حول كيفية تداول الذهب والدولار الأمريكي وناسداك عند صدور تقرير التضخم
How I gauge 4 CPI components before trading XAUUSD, Nasdaq and DXY
http://www.youtube.com/watch?v=OVxcDgfTzuk
[Covers much more than just Euro ).
Don't look to him for easy answers though.
"Frankly i dont need to know anything more, Jim has spoken people wakey wakey stop beliving in rumours and do what needed to be done. I've already liquidated all my shorts and now in long on euro, pound, kiwi, aussie and oil"
[Stationdealer UKMay 18, 2010 09:28 GMT]
@Stationdealer: May I ask you specifically why you are long Aussie?
Bearing in mind what Ashrad said below, does this mean you think equities will start rising again, or do you think the Aussie will decouple from them?
"UK inflation hits 17-month high
Page last updated at 9:48 GMT, Tuesday, 18 May 2010 10:48 UK
Food basket Food price rises have added to inflationary pressures
UK inflation accelerated again in April to hit its highest rate in 17 months, official figures show.
On the Consumer Prices Index (CPI) measure, inflation hit 3.7% - well above the target of 2% and the highest rate since November 2008.
On the Retail Prices Index (RPI) measure, which includes housing costs, inflation was up to 5.3%.
The Office for National Statistics (ONS) said food prices in particular had seen sharp rises.
Disruption caused by the volcanic ash cloud last month helped push food prices up by 2.6%, the ONS said.
Higher duty on alcohol and cigarettes introduced in April's Budget added to inflation, it added, and clothes prices also rose.
But the statistics agency said the impact of fuel price rises on inflation had been limited.
'Short-term' move
Bank of England governor Mervyn King will write a letter of explanation to the new Chancellor, George Osborne, as the official CPI measure remains more than one percentage point above the 2% target.
Earlier this month Mr King said he expected inflation to be higher in the coming months than previously forecast, but insisted that it would slow to below the 2% target before the end of the year.
April's consumer price inflation rate of 3.7% should mark the peak
Howard Archer Chief economist, IHS Global Insight
Interest rates are also expected to remain at their current historic low, economists predicted.
"We do not expect the Bank of England to increase interest rates this year in response to what is a short-term pick up in inflation," said Hetal Mehta, senior economic adviser to the Ernst & Young ITEM Club.
Howard Archer, chief economist at IHS Global Insight, said he expected inflation to begin falling again immediately.
"April's consumer price inflation rate of 3.7% should mark the peak," he said.
"Inflation is expected to start heading down in the near term as temporary upward pressures start to unwind."
"
There are those who say that there is de facto inflation in the USA as well. (Check out the "Meltup" video on YouTube).
Looking back over the last 10 years or so, I am wondering why the Aussie would not be a stonking good _buy_ at these levels, rather than the opposite.
As you say, employment is steady. Interest rates are already the highest in the industrialised world, and could go higher. Gold is soaring. Admittedly the other minerals aren't, but even so, the fundamentals for Australia seem pretty good I'd think. Or if not, why not?
What are the fundamentals at this point in time that should be driving the Aussie even lower?
I certainly don't see why it should tank like the Euro.