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Ashraf's take on EURUSD and sterling crosses at the... (IMT)

October 20, 2009 10:57 ET: (Intraday Market Thought) /forex-news/?a=1082

Ashraf's take on EURUSD and sterling crosses at the FXStreet ITC in Barcelona last week http://bit.ly/4zEEdM Meanwhille. CAD losses intensify across the board following BoC jawboning, OPEC's oil concern and stocks pullback......

Tags: Ashraf, Bank of Canada, British Pound, Canadian Dollar, Euro, EURUSD, Oil, OPEC, stocks, U.S. Dollar
Oil breaks above its 200-day MA for the first time since... (IMT)

May 27, 2009 06:27 ET: (Intraday Market Thought) /forex-news/?a=711

Oil breaks above its 200-day MA for the first time since August, hitting $63.05, the highest since November. With OPEC seen unchanged on supply, and US equities likely to make a fresh attempt to take out their 200-day MAs (8829 in Dow, 934 on S&P500), oil strength and US weakness could get a fresh...

Tags: British Pound, Euro, GBPUSD, moving average, Oil, OPEC, S&P500, stocks, U.S. Dollar, Yen
Prospects for EURCAD are now charted in todays Hot-Chart.... (IMT)

March 17, 2009 10:14 ET: (Intraday Market Thought) /forex-news/?a=465

Prospects for EURCAD are now charted in todays Hot-Chart. The Norwegian Krone is the best performing currency among the majors as of NY close, followed by the NZD, AUD and USD. GBP lags behind, but JPY is the worst performer, reflecting persistent improvement in risk appetite, which was signalled...

Tags: Australian Dollar, British Pound, Canadian Dollar, Euro, New Zealand Dollar, Oil, OPEC, Risk Appetite, U.S. Dollar, Yen
Here Comes the 2-Month Cycle (Article)

March 13, 2009 11:13 ET: (Articles) /articles/here-comes-the-2-month-cycle.asp

Stocks could be in for a fresh 2-month rally, in line with the pattern of the past 12 months. ...

Tags: 2008, Australian Dollar, Bear Market, British Pound, Canadian Dollar, central banks, China, Euro, EURUSD, Federal Reserve, GBPUSD, Germany, inflation, interest rates, Intervention, moving average, New Zealand Dollar, Norwegian Krone, Oil, OPEC, rate cut, Risk Appetite, S&P500, stocks, U.S. Dollar, USDJPY, Yen
FX, Bond Yields & Oil Prices (Article)

March 10, 2009 14:22 ET: (Articles) /articles/fx-implications-of-supply-driven-rally-in-yields.asp

Latest rally in bond yields and oil prices is largely a manifestation of supply forces, which could start weighing on the greenback. ...

Tags: 2008, Ashraf, AUDJPY, Australian Dollar, Bear Market, bonds, British Pound, Canadian Dollar, Euro, GBPUSD, inflation, moving average, New Zealand Dollar, Norwegian Krone, Oil, OPEC, Risk Appetite, Risk Aversion, S&P500, stocks, Treasury, U.S. Dollar, Yen
Zero-Bound Fed Breaks Dollar (Article)

December 16, 2008 14:32 ET: (Articles) /articles/zero-bound-fed-breaks-dollar.asp

The Fed's shift to a range-driven fed funds target intensifies the yield assault to the world's main reserve currency. ...

Tags: 2008, 2009, Ashraf, AUDJPY, AUDUSD, Australian Dollar, Bear Market, British Pound, Canadian Dollar, Commodities, EURJPY, Euro, EURUSD, Federal Reserve, FOMC, GBPJPY, GBPUSD, GDP, Gold, inflation, interest rates, Japan, New Zealand Dollar, NZDUSD, Oil, OPEC, Risk Appetite, Risk Aversion, Treasury, U.S. Dollar, USDCAD, USDJPY, VIX, Yen
Both EURUSD and GBPUSD near my year-end targets of $1.37... (IMT)

December 15, 2008 10:47 ET: (Intraday Market Thought) /forex-news/?a=243

Both EURUSD and GBPUSD near my year-end targets of $1.37 and $1.56 as the dollar's woes feed on every negative hand available. Intensifying dollar- selling pressure extends due to (i) elevated concerns about inflationary implications of the Treasurys swelling balance sheet to $2.25 trln (ii) the...

Tags: British Pound, Euro, EURUSD, Federal Reserve, GBPUSD, inflation, interest rates, OPEC, Treasury, U.S. Dollar
Implications of Gold's Rise Relative to Oil (Article)

September 18, 2008 14:12 ET: (Articles) /articles/implications-of-gold-rise-relative-to-oil.asp

In recent months, I warned of the ominous implications of a rebounding gold/oil ratio. Yesterday, gold further outpaced oil in relative terms, giving more credence to the thesis of intensifying declines in US fundamentals. ...

Tags: Federal Reserve, Futures, GDP, Gold, inflation, interest rates, Oil, OPEC, rate cut, U.S. Dollar
Fed Forced Back to Easing Mode (Article)

September 12, 2008 12:10 ET: (Articles) /articles/fed-forced-back-to-easing-mode.asp

Today's unexpected declines in US retail sales and PPI coupled with the worsening state of conditions with US banks make interest rate cuts a foregone conclusion in Q4, supporting my calls since May that the next interest rate change is down, rather than up. ...

Tags: 2008, Ashraf, Australian Dollar, British Pound, Euro, EURUSD, Federal Reserve, FOMC, inflation, interest rates, Intervention, New Zealand Dollar, Oil, OPEC, PPI, rate cut, rate hike, retail sales, Risk Appetite, Treasury, U.S. Dollar, unemployment, USDJPY, Yen
OPEC SURPRISES & CUTS OUTPUT by 520K mln bpd, reverting to... (IMT)

September 9, 2008 22:24 ET: (Intraday Market Thought) /forex-news/?a=10

OPEC SURPRISES & CUTS OUTPUT by 520K mln bpd, reverting to 2007 production limit of 28.8 mln barrel per day. Oil prices rise by more than $1.00 pb to $104.30. Dollar dropped by over half a cent against EUR w/in mins but is now stabilizing. Looks like OPEC is increasingly concerned speculators will...

Tags: Euro, Oil, OPEC
EUR Share of FX Reserves vs USD (Article)

June 30, 2008 13:22 ET: (Articles) /articles/eur-share-of-fx-reserves-vs-usd.asp

The Q1 2008 IMF data on currency composition of Official Foreign Exchange Reserves shows a continued gradual fall in USD claims along with continued increase in the EUR claims. ...

Tags: 2008, Australian Dollar, China, Euro, Gold, IMF, interest rates, Japan, Oil, OPEC, Risk Appetite, stocks, U.S. Dollar, Yen