Forum > View Topic (Media)
by Ashraf Laidi
Posted: Apr 9, 2013 15:28
Comments: 0
View Media
This thread was started in response to the Media:

أشرف العايدي على سي ان بي سي العربية -- 09 أبريل 2013

Ashraf tells CNBC Arabia about the 5th consecutive daily rise in EURUSD—the longest series of advances since December as the balance of risks in FX shift from waning event risk in Eurozone to question markets about US growth. One key source of volatility is Wednesday's release of the FOMC minutes. Each of the last 3 FOMC minutes led to a rallying USD and tumbling gold. Selling USD bounces is part of the strategy, while 1.3150s is the anticipated cap in EURUSD. In our latest Premium Insights, we issued 3 new trades in EURUSD last night (Monday), 2 of which are currently in progress. For all the trades on EURUSD, EURJPY, gold, silver and US crude, please see the latest Premium Insights here: