Ashraf Laidi

Forexnews

Contributor since: 26 Feb 2010

Contact Contributor

• Fed Opens Door for a January Pause

  Published 14 December 2005 | viewed 4,676 times

  In its 13th interest rate hike of the present tightening cycle, the Federal Open Market Committee made the much-anticipated change in its accompanying policy statement…

• Brace for Crucial Data/Fed Week

  Published 10 December 2005 | viewed 3,492 times

  Next week shall be the last full trading week of the year, but it will also be one of the most crucial if not most-data-event…

• US Stocks, Corporates Favorite amid Foreigners

  Published 17 November 2005 | viewed 4,970 times

  Net foreign capital flows into the US soared 15% to a record $101.9 billion in September from a revised $88.9 billion in August (initial reading…

• Dollar Shrugs Record Deficit

  Published 11 November 2005 | viewed 3,892 times

  The US trade deficit soared by 11% in September to a record $66.1 billion from a revised $59.3 billion (initial $59.0 billion) in August. Imports…

• Dollar/Yen Rally Concluded

  Published 09 November 2005 | viewed 4,235 times

  After posting its longest wining weekly run since Q4-2001-Q1 2002 to a 26-month high, USD/JPY is set for what appears to be a topping pattern,…

• ECB's Readiness to Tighten will Cap the Dollar

  Published 02 November 2005 | viewed 4,135 times

  One evident difference between FX markets today and in September 20 Fed rate hike is that the dollar is closer to its peak fed funds…

• GDP Propped by Govt & Consumers for Now

  Published 29 October 2005 | viewed 4,094 times

  The advanced report of US Q3 GDP showed a 3.8% annual growth from 3.3% in Q2. POSITIVES The report saw its largest positive contribution from…

• US Residents Shun Foreign Bonds while Foreigners Rush into US Corporates

  Published 19 October 2005 | viewed 5,123 times

  Net foreign capital flows into the US rose 4% to $91.3 billion in August from a revised $87.5 billion in July (initial reading was $87.4…

• Inflationary Dollar Shrugs Trade Deficit

  Published 14 October 2005 | viewed 4,256 times

  The US trade deficit grew 2% in August to $59.03 billion from a revised $57.96 billion (initial $57.94 billion) in July. Imports rose 1.8% to…

• Dollar Rally Not Yet Over

  Published 07 October 2005 | viewed 9,801 times

  US non-farm payrolls fell by 35,000 in September from a revised 211,000 reading in August, while the unemployment rate jumped to 5.1% from 4.9% and…

• How Much More for the Yen?

  Published 30 September 2005 | viewed 3,760 times

  The land of the rising sun may not observe daylight savings time, but the sunset on its currency is largely observed by global currency markets…

• How Today's FOMC Statement Differs from the August 9 Statement?

  Published 21 September 2005 | viewed 4,551 times

  The Federal Open Market Committee decided today to raise its target for the federal funds rate by 25 basis points to 3- 3/4 percent. The…

• The Latest on the Dollar's Imbalances

  Published 17 September 2005 | viewed 4,103 times

  Net foreign capital flows into the US rose 8% to $87.4 billion in July from a revised a $80.9 billion in June (initial reading was…

• Dollar Boosted by Trade, Fed

  Published 14 September 2005 | viewed 4,439 times

  The US trade deficit shrank 3% in July to $57.94 billion from a revised $59.49 billion (initial $58.82 billion) in June. Imports fell 0.7% to…

• Katrina to Trigger Fed's Rethink

  Published 03 September 2005 | viewed 5,200 times

  US non-farm payrolls rose by 169,000 in August from a revised 242,000 reading in June, while the unemployment rate fell to 4.9% and average hourly…

• Dollar Exhaustion, Payrolls & the Fed

  Published 08 August 2005 | viewed 5,184 times

  The US dollar shows continued show signs of exhaustion despite evidence of consistent improvements in the job market and steady prospects of additional interest rate…

• Abdullah Wears the Crown

  Published 02 August 2005 | viewed 5,425 times

  Saudi Arabia's King Fahd bin Abdul Aziz Al-Saud has died today at the age of 82 years old after 23 years on the throne. It's…

• Advanced GDP Report Opens Questions Revisions

  Published 29 July 2005 | viewed 3,827 times

  The advanced report of the US Q2 GDP growth showed a 3.4% annual growth from 3.8% in Q4. The report saw its largest positive contribution…

• Capital Flows Barely Cover for Deficit

  Published 19 July 2005 | viewed 4,933 times

  The dollar is losing ground across the board despite a 26% increase in net foreign capital flows into the US at $60 billion in May…

• Deficit Shrinks on Temporary Oil Drop

  Published 14 July 2005 | viewed 3,928 times

  The US trade deficit fell 3% in May to $55.35 billion from a revised $56.90 billion (previous $56.96 billion) in April. Imports fell 0.9% to…