You read my mind about NZD/USD for today - also as you probably know - and hopefully the other readers NZ Central Bank Governor said the following:
- The rise in the New Zealand dollar over recent months could hinder continued improvement in the external balance, Bollard said in a semi-annual report on the nations financial system. The currencys current level is unlikely to be sustainable, he said.
What did you eat for breakfast today Ashraf? - you're always on, but today you're ON - thanks for all the tweets and IMT's - I like this EUR/GBP pair - any thoughts on a re-entry after the .9070 target is hit, and possibly long-term prospects - do you think .9500 by year-end is viable? Thanks
Not to change the topic of your article, but would you say that the weekly downtrend is actually intact. I remember this from several hot-charts ago.
CAD rallied incredibly today, with no good reason I can see. I'm trying to discern if this gain in CAD against EUR is due to CAD's strength, because it doesn't seem to be against EUR weakness, at least when compared to USD. Then again, if EUR weakens further against the USD, I suppose CAD could also leading to a rise in EUR/CAD.
Am I trying to make sense out of a senseless pair, or just picking a complicated one? Hmmm, now that I look again, it seems that the lows are getting higher in this pair. Thanks again for your valuable and generous time.
Great article Ashraf. So the recent pullbacks that propped the USD for about a week saw it perform best against the AUD. Do you think this will be the same going forward.
Also, you didn't mention targets for AUD/JPY - do you feel it's best to buy JPY against the 3 you mentioned, or would you say that AUD/JPY may fall hardest because of the high-yielding AUD?
Lastly, do you see the USD recovering whatsoever in the near-term until the end of the year? Would you simply say that it all depends on if we get an equity pullback?
Thanks for all your great tweets today! You're generosity is never overlooked.
Do you have any thoughts about dollar rhetoric coming out of the G20 this weekend? Seems to be a non-issue right now, and if it was, I would guess the remarks would be dollar-supportive.
Also, if you could give thoughts/targets on NZD/USD I'd appreciate it. Thanks again!
Can you share any thoughts on USD/CAD -- I suppose oil is keeping CAD strong. Do you have any ideas on where this is going? Thanks a lot.
Additionally, Peter Grantham wrote an article in today's FT (more or less) saying that GBP will suffer if BOE extends QE AND that if they don't it would spook equity markets which would cause GBP to suffer as well. I thought it was an interesting take. Kind of a win/win to short GBP around the BOE meeting. Would you agree with that perspective? And I presume you are still looking for sub-1.60 before year-end? And perhaps sub 140.00 for GBP/JPY. Thanks again.
What effect do you think the impact of a rate hike in AUD will have on AUD/USD? Considering it is expected, do you feel this pair has room to go higher? Everything seems oversold at this point. Do you have a forecast for AUD/USD? Thanks and have a great weekend!
Re: your last IMT --- I'm just wondering why EUR/CHF hasn't been going dramatically higher given the rise in risk appetite. Even since March, it's only been as high as about 1.5400 or so. Shouldn't fundamentals be taking this pair much higher? Do you have a mid/long-term target for this pair? Thanks a bunch!
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موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
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كيف تنخفض نسبة التضخم في بيتكوين تحت نسبة تضخم الذهب و ما يعني "صلابة" بيتكوين كعملة او إرادة؟
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NZ Central Bank Governor said the following:
- The rise in the New Zealand dollar over recent months could hinder continued improvement in the external balance, Bollard said in a semi-annual report on the nations financial system. The currencys current level is unlikely to be sustainable, he said.
And by the way, I'm going to presume Giethner's comments about a strong USD will bear no weight whatsoever; unless of course you mention otherwise.
Not to change the topic of your article, but would you say that the weekly downtrend is actually intact. I remember this from several hot-charts ago.
CAD rallied incredibly today, with no good reason I can see. I'm trying to discern if this gain in CAD against EUR is due to CAD's strength, because it doesn't seem to be against EUR weakness, at least when compared to USD. Then again, if EUR weakens further against the USD, I suppose CAD could also leading to a rise in EUR/CAD.
Am I trying to make sense out of a senseless pair, or just picking a complicated one? Hmmm, now that I look again, it seems that the lows are getting higher in this pair. Thanks again for your valuable and generous time.
Also, you didn't mention targets for AUD/JPY - do you feel it's best to buy JPY against the 3 you mentioned, or would you say that AUD/JPY may fall hardest because of the high-yielding AUD?
Lastly, do you see the USD recovering whatsoever in the near-term until the end of the year? Would you simply say that it all depends on if we get an equity pullback?
Thanks for your help and time!
Thanks for all your great tweets today! You're generosity is never overlooked.
Do you have any thoughts about dollar rhetoric coming out of the G20 this weekend? Seems to be a non-issue right now, and if it was, I would guess the remarks would be dollar-supportive.
Also, if you could give thoughts/targets on NZD/USD I'd appreciate it. Thanks again!
Can you share any thoughts on USD/CAD -- I suppose oil is keeping CAD strong. Do you have any ideas on where this is going? Thanks a lot.
Additionally, Peter Grantham wrote an article in today's FT (more or less) saying that GBP will suffer if BOE extends QE AND that if they don't it would spook equity markets which would cause GBP to suffer as well. I thought it was an interesting take. Kind of a win/win to short GBP around the BOE meeting. Would you agree with that perspective? And I presume you are still looking for sub-1.60 before year-end? And perhaps sub 140.00 for GBP/JPY. Thanks again.
Last time the rate was hiked AUD/USD didn't quit as you know. But with expectations the way they are, I hear you loud and clear.
Going to play it safe now with going long on your EUR/CHF call -- tough to go wrong with the SNB on "your' side!!!
What effect do you think the impact of a rate hike in AUD will have on AUD/USD? Considering it is expected, do you feel this pair has room to go higher?
Everything seems oversold at this point.
Do you have a forecast for AUD/USD? Thanks and have a great weekend!
Re: your last IMT --- I'm just wondering why EUR/CHF hasn't been going dramatically higher given the rise in risk appetite. Even since March, it's only been as high as about 1.5400 or so. Shouldn't fundamentals be taking this pair much higher? Do you have a mid/long-term target for this pair? Thanks a bunch!