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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3119
Posted: Feb 22, 2010 5:00
Comments: 3119
Forum Topic:
Commodity FX (CAD AUD NZD NOK)
Discuss Commodity FX (CAD AUD NZD NOK)
Yes you are right the nzdusd and audusd daily chart patterns are near identical to gold this week, just not so dramatic. I shall be surprised if early March lows are not soon tested and ultimately broken.
As a general comment on gold my feeling is it will have its day again. I am not nearly as bearish gold as Ashraf would appear to be. Maybe he knows something we don't to account for his rather sudden hate. There are plenty of conspiracy theories out there.
BBC Newsnight had Monti on last night talking about da Thatcher dreadie. He had attended the funeral ceremony. When asked at the end of the interview whether he thought UK would ever fully embrace the EU, there was a silence, stuck for words temporarily. Then a big smile "it doesn't look imminent". Seems a sensible chap to me.
Who else is there cat worthy of comment, we miss the DSK/Merkel affair.
I think after much thought and deliberation I must award the current moron prize to Monsieur Hollande. We will have to exclude the band of Brussels idiots or we will be here all night.
http://uk.reuters.com/article/2013/04/18/global-economy-debt-herndon-idUKL2N0D503020130418
but words of wisdom
before you are convinced your counterpart is a moron make sure he doesn't hold the same conviction
Unveiled: Weidmann's Bundesbank looses 350 billion from TARGET.
Rating agency Egan Jones downgrades Germany by one notch