Ashraf Laidi is currently chief foreign exchange strategist at CMC Markets, where he oversees the analysis and forecasting functions of G-10 currency pairs as well as decisions and trends of the major global central banks. Laidi is also responsible for education services and informing clients on the essential dynamics underpinning FX markets. His FX analysis has received world-wide wide acclaim for more than a decade, centering on G10 currencies and... More

Gold & Yen’s Perfect Desert Storm

Gold Not SoTough Against the Others One striking development involving gold is the failure to regain its previous record highs against the robust yen and Aussie. Gold Not SoTough Against the Others One striking development involving gold is the failure […]

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Gold & Yen’s Perfect Desert Storm

Gold Not SoTough Against the OthersOne striking development involving gold is the failure to regain its previous record highs against the robust yen and Aussie. Gold Not SoTough Against

Gold & Yen’s Perfect Desert Storm

Gold not soTough Against the OthersOne striking development involving gold is the failure to regain its previous record highs against the robust yen and Aussie. Gold not soTough Against

Oil Weakness May Intensify

Earlier this week, Asian & European markets showed another failure to respond to Mondays 1.4% gains in US equity indices (Dow & S&P), further highlighting the unsustainability of

Oil Weakness May Intensify

Earlier this week, Asian & European markets showed another failure to respond to Mondays 1.4% gains in US equity indices (Dow & S&P), further highlighting the unsustainability of

Don’t Forget the Yen

Much has been said about the US dollars role as a funding currency for carry trades and its well publicized rebound during the most recent episode of risk

Don’t Forget the Yen

Much has been said about the US dollar's role as a funding currency for carry trades and its well publicized rebound during the most recent episode of risk

FX, Oil Eye Equity Inflection

Nearly 3 weeks after we highlighted the global risk parameters at $82 oil and 1,100 S$P500 (both 100-week MAs), global risk aversion has deepened across the board, triggering

FX, Oil Eye Equity Inflection

Nearly 3 weeks after we highlighted the global risk parameters at $82 oil and 1,100 S$P500 (both 100-week MAs), global risk aversion has deepened across the board, triggering

Parameters in Equities, Oil

Parameters in Equities, OilLast week's oil price break above $75 was an essential catalyst in accelerating the pace of USD selling beyond $1.50 in EURUSD, 0.93 in AUDUSD,