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Posts by "rob"
366 Posts Total by "rob":
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Posts by Anonymous "rob":
Equities are due for a pullback - it seems inevitable at a roughly 50% increase since March. We're a 1/3rd into the month, and I don't feel this pair will move that quickly. Under 93.00 is coming, but not so soon - I think the bulls will be stubborn.
Excellent interview on Bloomberg. You had an excellent take on the Fed comments the last time they spoke, do you have any stance on tomorrow's Fed announcements? I've not been able to follow the markets these past few days, so I stayed out. I am with you on tops in equities and commodities. And bullish USD and JPY. I know you say GBP and CAD are the ones that will suffer the most - but I 'm not sure if it's "too late" for now, and whether or not I should wait for a correction upward in GBP and CAD, before opening new shorts. Thanks for your thoughts as always.
I hope you're enjoying/ed Vegas and the show!
I was wondering if you saw the article in FT today titled US Dollar? It's in The Lex Column. Essentially the article says the USD is due for a correction because it's 12 percent below "fair-value" on a trade-weighted basis. It also cites some fundamentals about the US economy, interest rate differentials, and timing of recovery in US compared to other countries. Please share your thoughts if you have read the article. Thanks
ps - my computer no longer allows me to click on the [read more] link on your IMT's
Great point! - with oil down and risk aversion up - CAD/JPY makes the most sense. I'm short GBP/JPY, do you have any targets? Also, I should jump in on the CAD/JPY short also. Any entry points and targets that you see as good for that pair? Thanks so much.
Great, I was hoping for more like 1.13 later or even in the end of August. I suppose it all depends on equities though? and oil? I'm not intending to be greedy - just looks as if 1.08 is a great support and equities, etc. may start to unwind. And a longer term play would be great. What do you think? Thanks for everything Ashraf.
I know your favorite long-term play is AUD though.
Thanks for the recent calls! I'm long USD/CAD currently. Ideally, I'd like to hold it for a while, as I'm not able to watch the market as closely as I used to. But then again, wouldn't everyone like to do that. Do you feel this is feasible? I'm in at just under 1.08. Thanks for you insight.