Posts by "speculator"

maybe because jim rogers said on bloomberg the euro is a doomed a currency and wont be here for a very long time? well i doubt that could have an affect. its because the euro is going to drop off the cliff and the market knows it. which is why cable will collapse as well. fx is not wholly driven by risk tollerance

goldman baffle me. sterlings next leg down should be in apri

market had pretty much priced in feds speech so it seems. ashrafs euro/dollarresistance rates are still intact. im confident that the dollar did not respond negatively. although i would not have been long dollar for the speech but would go long now.

the uncertainty around sterling is immense and this can only possibly go away after a good election. Of course the new government could end up being perceived less than ideal which could trigger new multi year lows. But the question remains...what's currently priced in sterling for cable?? Low risk, medium or high? If we are already high risk then you could presume we wont be seeing much lower levels. But i think we are medium risk as on the whole there are lots of Sterling bulls.

i rather ignore goldmans nonsense in fx simply because fx is the biggst market and an IB cannot itself move the the majors unless the have credibility which they dont as i dont often seem them moving fx