Forum > View Topic (Article)
by Ashraf Laidi
Posted: Jun 10, 2009 18:17
Comments: 208
View Article
This thread was started in response to the Article:

Falling Equities Still Key for Dollar

Intermarket analysis set-up still suggests that fresh equity selling remains the only source of support for the US currency.
 
1...789101112131415161718192021
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 16, 2009 23:02
Hey, Gary
I think we will see inflation before we see the economy get recover.

How does Bernake to keep the bond yielding lower?? Buy the bonds by his printed money??

Yesterday's report showed that many countries are buying less US bonds.

I don't know that how he can do it.

Do you know that how he can do it??

Best regards
Qin
gary
toronto, Canada
Posts: 19
15 years ago
Jun 16, 2009 22:49
qin, do no forget bernanke, he wants to keep bond yields from skyrocketing. so dollar value will depend on the degree to which these yields stay at present levels. if big ben succeeds to take down yield to say back to 3.5% then byebye dollar.

G
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 16, 2009 22:12
Hey, alive
USD was declining when the oil price was hiking from 60 to 70, and it should be the main reason.

Now if the USD index is going to reach above 85, I think oil will go down to 60 even blow 60.

So it should have some big news to drive USD to reach the level, maybe stock market collapses will be one of the reason. ( I can't find any other reason now. )

I don't know that if FED would like to see stock market go to collapse again or not.

FED is printing so much money in order to stabilize the stock market.
On another hand, FED still want to keep people favor on USD and keep inflation very low. On my view, it is just a dream for America.

Best regards
Qin
alive
New Jersey, United States
Posts: 5
15 years ago
Jun 16, 2009 21:52
Qin, the run from 60 to 70 in oil had no leg in my opinion. I dont think we need a big news to drive the oil down $10. May be iam wrong. But i think CAD has room to fall.
gary
toronto, Canada
Posts: 19
15 years ago
Jun 16, 2009 21:35
I heard SAXO say EUROdollar hit parity before end of year.. they're very bearish on stocks

they have great platform

G
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 16, 2009 20:54
Hey,
Chili is going to start selling USD.......maybe some countries will flow it to do so........
mo
liverpool, UK
Posts: 123
15 years ago
Jun 16, 2009 20:21

Hello Silaman

you can sign for daily and monthly commentary on the FX markets through several Wells Fargo publications at
https://www.wellsfargo.com/com/focus/global_market


You can read bank of New York Melon forecast and currency research for free on
https://gm.bankofny.com/Research/Default.aspx


Good luck
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Jun 16, 2009 20:19
Hey, alive
I am worry about my positions. But I will hold it very tight.

I think the oil will go to blow 70 again, but go back to 60, we should have a very big bad news, like citibank goes to chapter 11.

When my positions makes my puke, I will double it.

Best regards
Qin
slaiman7
Lebanon
Posts: 31
15 years ago
Jun 16, 2009 19:23

Dear Mo,

Could you please let me know how you got those reports from Wells fargo and bank of new yourk mellon? is there a way to sign up for them or buy them?


Thanks
alive
New Jersey, United States
Posts: 5
15 years ago
Jun 16, 2009 19:02
I agree with Mo regarding the USD/CAD bet. If oil falls back $10 then we could easily see 1.18
Report Reply
1...789101112131415161718192021