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by Ashraf Laidi
Posted: Jul 6, 2009 14:55
Comments: 61
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This thread was started in response to the Article:

Dollar Stability Choppy & Temporary

The dollar's much anticipated stabilization is bound to be choppy at best
 
 
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Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 15, 2009 21:26
Rob, we would have to see further CAD gains ie. near 1.10 for Canadians to talk about CAD strength. actually it was the Min of Fin also that spoke of CAD strength. Also, CAN CPI due out this week. CHF also had a good day (not sure why) so watch out from fresh SNB intervention soon. Short AUDCAD still a good trade.

Ashraf
Rob
New York, United States
Posts: 305
15 years ago
Jul 15, 2009 19:04
Hi Ashraf,

I remember several weeks ago that the Canadian Central Bank said it didn't like strength of it's currency against the USD, and also said it could begin quantitative easing because the economy wasn't as strong as they'd expected. With the interest rate decision next week - do you feel those events will happen? But more importantly, if the dollar continues to fall across the board, do you think talk out the central bank will be enough to cause people to sell CAD (again, assuming the dollar is still falling hard)? Thanks for your opinion.
Carlco
bristol, UK
Posts: 151
15 years ago
Jul 15, 2009 16:39
Chimerica debate very enjoyable http://www.newmediamanager2.net/node/269
rajesh68
Singapore
Posts: 60
15 years ago
Jul 15, 2009 16:29
Please see this video on dollar index. For your comments please.
http://broadcast.ino.com/education/dollarindex714/
14raj
Kolkata, India
Posts: 210
15 years ago
Jul 13, 2009 16:44
FOREXTRADER,
I think its bit tough for EUROUSD to show the target of 1.3500.If it break 1.4070 then the work will be even tougher for the market.
Regards,
Rajib.
forextrader
vologda, Russia
Posts: 127
15 years ago
Jul 13, 2009 14:40
Hey Ali
If you want to make money in the next few weeks then you have to buy Yen and USD on dips,
GBP/USD target around 1.55. Euro/USD 1.35, AUS/USD 0.73

Dema
Ali
Australia
Posted Anonymously
15 years ago
Jul 13, 2009 12:11
Hi All,

Why do I feel so pessimistic about the US dollar strength? Although I was one to call a short as well for AUD/USd..I am just not convinced about its strength against the Aussie and Euro.

Really interested to hear what the other traders are thinking?

It just seems like it may be a choppy, short lived move as there is so much uncertainty with the US currency itself..particularlly with the comments made in recent times.

Open to discussion

Ali
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 9, 2009 20:56
Pipples, GBPAUD could extend gains as Aussie becomes the bigger loser from any more selling like yesterday. Channel top at 2.08, also coinciding w/ Jan 26 low. it will likely break and go towards 2.11-12.

Ashraf
speculator
Posted Anonymously
15 years ago
Jul 9, 2009 20:20
the trader is often vert accurate based on his predictions i have seen
rajesh68
Singapore
Posts: 60
15 years ago
Jul 9, 2009 18:35
Pl. see this video. It gives how low oil can go.
http://broadcast.ino.com/education/crudeoil78/?campaignid=3
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