Forum
Posts by "rob"
366 Posts Total by "rob":
33
Posts by Anonymous "rob":
Please excuse my ignorance on this whole China Revaluation. How will this affect the FX markets? And USD/JPY in particular. I take it that it would be more USD positive than JPY positive. Thanks.
Regarding USD/JPY - it sometimes seems a tricky pair, though I trade it anyway. If the FOMC upgrades it outlook, do you see this pair rising for obvious reasons, or falling because of risk aversion via equity declines? Though I suppose equity declines would be dependent on rate hike expectations, which could be the same as an upgraded outlook.
Also, why don't you see it surpassing or reaching 95.00? Is that because you expect risk aversion to set in due to overstretched equities heading for a correction? Thanks a lot!
I was hoping to get your thoughts on EUR/CAD. Looks like 1.3500 is inevitable and actually quite a solid support. Do you have any targets for this pair? Thanks and have a great weekend.
Is it safe to say we'll see 1.3500 in EUR/CAD? 1.3500 also seems a good place to go long as the support seem pretty strong looking at the monthly chart. Thanks