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Posts by "rob"

366 Posts Total by "rob":
333 Posts by member
Rob
(New York, United States)
33 Posts by Anonymous "rob":
Rob
New York, United States
Posts: 305
15 years ago
Aug 5, 2009 14:26
Hi Ashraf,

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
Rob
New York, United States
Posts: 305
15 years ago
Jul 29, 2009 17:31
Hi Ashraf,

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.
Rob
New York, United States
Posts: 305
15 years ago
Jul 28, 2009 18:11
Hi Again Ashraf,

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.
Rob
New York, United States
Posts: 305
15 years ago
Jul 28, 2009 17:37
Hi Ashraf,

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.
Rob
New York, United States
Posts: 305
15 years ago
Jul 21, 2009 18:59
Also, nice call on the response to Bernanke's comments - considering I sold GBP/JPY, do you have any thoughts on the BoE minutes tomorrow? Thanks
Rob
New York, United States
Posts: 305
15 years ago
Jul 21, 2009 18:57
Hi Ashraf,

Thanks for the last IMT, I had similar thoughts and shorted GBP/JPY at 153.50. Can you give a stop point for that. Thanks so much. Killer USD/JPY call/chart, by the way.

Hopefully the stop will be irrelevant by the time you get this. Thanks as always.
Rob
New York, United States
Posts: 305
15 years ago
Jul 15, 2009 19:04
Hi Ashraf,

I remember several weeks ago that the Canadian Central Bank said it didn't like strength of it's currency against the USD, and also said it could begin quantitative easing because the economy wasn't as strong as they'd expected. With the interest rate decision next week - do you feel those events will happen? But more importantly, if the dollar continues to fall across the board, do you think talk out the central bank will be enough to cause people to sell CAD (again, assuming the dollar is still falling hard)? Thanks for your opinion.
Rob
New York, United States
Posts: 305
15 years ago
Jul 6, 2009 22:20
Unfortunately missed it - but still appreciate it - Sweet Tweets - thanks
Rob
New York, United States
Posts: 305
15 years ago
Jul 3, 2009 20:18
Hi Ashraf,

With USD strength being compromised by US debt and economy, BRIC moves out of USD, and China and Russia opening their mouths about different reserves - how do you feel about going long GBP/CAD (or EUR/CAD) instead of USD/CAD? Both pairs seem to have quite a strong upward channel in daily and weekly charts. Thanks