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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 2338
Posted: Feb 22, 2010 5:00
Comments: 2338
Forum Topic:
USD
Discuss USD
Where do we go from here in the next couple of trading days? So Mondays generally have been stronger commodity story, weaker dollar.
Even the Greek story seems a little overdone and stale - is this really providing much of a relief to risk appetite?
I'd love to hear your USDX plays for Mon/Tue next week.
As for me, I am net-long (more longs than short) on the AUDUSD since late last year (mostly for carry and cover my shorts in case AUDUSD does mount a rally to 93), and early next week sounds like some opportunities for profit taking. I am also net-short on EUR and maybe a chance its time to take profit on the long -- I was ready to cut losses on my small longs if NFP went ugly. I was net long on GBP after last weeks fall (very small amount with intention to make some money on retracement) and just happy to see that spike up in the very last leg of Friday, and I am closed with small profit- phew!
Callum
RKK
How many pips did you make to-day?
Well it was possible to make pips both buying and selling gold today.
Not so many if you bought and held at 1145 the other day.
Ashraf
cannot send out this IMT
Ashraf