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

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, and 1.03 in USDCAD. Parameters in Equities, Oil Last week’s oil price […]

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Multi-FX Gold View & Shanghai Reminder

The story from the Independent about Arab Gulf States & China looking for alternatives to the US dollar could be dismissed for now due to the lack of

Yield Curves, FX & LIBOR Trends

While FX trading seems to become increasingly bifurcated (broad USD weakness & broad JPY strength or vice versa), the unfolding trend remains a concerted move away from the

Unusual FX Action?

Today's fresh 9-month high of $1.4627 in EURUSD coincides top of the rally in mid December (when FOMC moved to 0.25%) and the Lehman high in September (when

VIX, Oil, BRICS & Sterling’s Sell-Appeal

Just when we started highlighting the case for peaking risk appetite in last week's article, oil prices picked up the mantle for the bulls and triggered the sell

Unsustainable Appetite in FX, Equities & Oil

The Faces of Dissipating AppetiteThe 4 charts below display the emerging challenges for risk overall risk appetite as manifested through EURUSD, GBPUSD, S&P500 and US crude oil. The Faces

Unsustainable Appetite in FX, Equities & Oil

The Faces of Dissipating AppetiteThe 4 charts below display the emerging challenges for risk overall risk appetite as manifested through EURUSD, GBPUSD, S&P500 and US crude oil. The Faces

Quantitative Easing & Currency Strengthening

Sterling Contracts as BoE Expands QESterling drops across the board after the Bank of England expands its quantitative easing program by adding an extra 50 billion of asset

Quantitative Easing & Currency Strengthening

Sterling Contracts as BoE Expands QESterling dropped across the board today after the Bank of England expanded its quantitative easing program by adding an extra 50 billion of

Quantitative Easing & Currency Strengthening

Sterling Contracts as BoE Expands QESterling dropped across the board today after the Bank of England expanded its quantitative easing program by adding an extra 50 billion of