Ashraf Laidi

Forexnews

Contributor since: 26 Feb 2010

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• Dollar Drops Back as Bernanke Looks Forward

  Published 19 July 2006 | viewed 5,126 times

  Fed Chairman Bernanke's testimony sounded off a message largely similar to the June 29 FOMC statement by echoing a less ambiguous outlook on a moderating…

• TICS Analysis, Bernanke Outlook

  Published 18 July 2006 | viewed 4,846 times

  Net foreign capital flows into the US rose 36% to $69.6 bln in May from a revised $51.1 bln in April (initial was $46.7 bln).…

• Shaky Geopolitics Destabilize Dollar-Gold Relationship

  Published 13 July 2006 | viewed 4,791 times

  The US trade deficit rose 0.8% to $63.4 billion in May from a revised $63.3 billion (initial $63.4 billion) in April. Exports rose 2.4% to…

• Weak Payrolls Confirm Slowing Growth

  Published 07 July 2006 | viewed 3,693 times

  US non-farm payrolls rose by 121K in June from a revised increase of 92K in May, while the unemployment rate remained steady at 4.6%. Average…

• Dollar Steadies as no Fireworks Expected from Fed

  Published 29 June 2006 | viewed 3,863 times

  3:55 am GER June Unemployment Rate (exp11.0%, prev 11.0%) GER June Change in Unemployment (exp -30K, prev -93K) 4:00 am E-12 May M3 Money Supply…

• Dollar Rally Defies Odds

  Published 26 June 2006 | viewed 5,165 times

  The US World Cup Soccer Team may be on its way home from Germany, leaving the theatre of world soccer to the English, the Brazilians,…

• Foreign Flows Fear Falling Dollar

  Published 15 June 2006 | viewed 5,097 times

  Net foreign capital flows into the US fell 34% to a 25-month low of $46.7 bln in April from a revised $70.4 bln in March…

• Can the Dollar Bear the Overdose of Fed Hawkishness?

  Published 15 June 2006 | viewed 3,821 times

  4:30 UK May Retail Sales (exp 0.5%, prev 0.6%) 5:00 am E-12 May CPI y/y (exp 2.5%, prev 2.4%) 8:30 am US June Empire Manufacturing…

• Next Week's Data to Challenge the Dollar

  Published 09 June 2006 | viewed 4,581 times

  The US trade deficit grew 2.5% to $63.4 billion in April from a revised $61.9 billion (initial $62.0 billion) in March. Exports slipped off 0.2%…

• FOMC Minutes Forgotten in Under a Minute?

  Published 02 June 2006 | viewed 4,331 times

  In a New York minute everything can change In a New York minute, lying here in the darkness I hear the sirens wail, somebody going…

• Dollar Helped by Foggy Bottom, Constitution Ave

  Published 31 May 2006 | viewed 3,906 times

  The dollar received a triple shot of life from an unexpectedly strong Chicago PMI survey, an announcement from Washington stating a conditional willingness to open…

• Treasury Sec Paulson: The Defensive Choice

  Published 30 May 2006 | viewed 4,069 times

  Hank Paulson's nomination as Treasury Secretary may provide some temporary relief for the sliding dollar owing to Paulson's prominent status as a former of a…

• Awaiting Core PCE, Japn CPI Not Enough, Snow to Quit

  Published 26 May 2006 | viewed 4,416 times

  6:15 am ECB Pres Trichet Speaks. 8:30 am US Apr Core PCE Price Index y/y (exp 2.1%, prev 2.0%) 8:30 am US Apr Personal Spending…

• Inflation vs. Growth: Bernankes Mission Impossible?

  Published 23 May 2006 | viewed 6,168 times

  Aside from having to prove his much headlined inflation-targeting priorities, Fed Chairman Bernanke must show real juggling abilities, balancing the upside risks of inflation with…

• Commodities Sell-off Shadows Worrying TICS Report

  Published 16 May 2006 | viewed 6,765 times

  Net foreign capital flows into the US fell 23% to $69.7 bln in March from a revised $90.5 bln in February (initial was $86.9 bln).…

• Fed Retains Language, Treasury Gets Diplomatic

  Published 11 May 2006 | viewed 3,315 times

  The Fed raised its fed funds rate by 25 bps to 5.00%, the highest level since March 2001, maintaining the same language as in the…

• Meager Foreign Participation in Treasury Auctions

  Published 09 May 2006 | viewed 5,262 times

  Today's auction of $21 bln in 3-year treasury notes drew 24% participation from foreign investors (indirect bidders), which was above February's 22% but lower than…

• US Payrolls: Ominous Justification for Further Dollar Selling

  Published 06 May 2006 | viewed 5,720 times

  Today's much weaker than expected US payrolls presents an ominous justification for further dollar selling. If the current dollar sell-off were deemed as overextended, then…

• Interest Rates Hike from Down Under

  Published 04 May 2006 | viewed 3,634 times

  The Reserve Bank of Australia raised its overnight rate by 25-bps to 5.75% in line with our expectations (see last mailer Tuesday 9:58 am) but…

• Poor Auctions Add Dollar Insult to Injury

  Published 28 April 2006 | viewed 4,849 times

  In addition to the Bernanke-driven dollar damage (see Dollar Damaged as Bernanke Gets Real + China's Rate Hike),the dollar's woes are compounded by lackluster indirect…