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Ashraf Laidi

Joined: May 03, 2007
  • Analysis & Opinion

Ashraf Laidi's Opinion & Analysis
A complete archive of Ashraf Laidi's articles, including current analysis & opinion.

Let's take a short break from the lira and the yuan for a moment and return to the Canadian dollar ahead of today's Canadian CPI. The best performing major currency since the start of July is the...
The Turkish lira continued to rebound Wednesday as the 6.00 level gave way but the ZAR/USD led a slide in other emerging market currencies as the US dollar climbed and commodity prices sank. Japanese...
No Safety In Gold
By Ashraf Laidi - Aug 15, 2018
Gold attempts regaining the $1200 level after yesterday's break below the key level for the first time since March 2017. European indices are in the red while their US counterparts push higher. UK...
USD Muscles Higher
By Ashraf Laidi - Aug 15, 2018
The US dollar put in an impressive performance Tuesday even as the Turkish lira rebounded. The Turkish lira was the top performer while the euro lagged. UK CPI is due out later but first it's...
An emerging market economic crisis is nothing new but Turkey is the world's 17th largest economy and the dramatic drop in the currency raises bigger questions. The lira fell another 11% in early...
In the first sign of the Turkish Lira downfall is entering crisis territory, the supervisory body of the ECB has reportedly (according to the FT) begun looking a various European banks' exposure to...
The spat between Saudi Arabia and Canada turned into an economic battle with consequences for CAD. The yen was the top performer Wednesday but lost ground in Thursday Asia trade, while kiwi and euro...
GBP selling turns to a rout on Bloomberg reports that PM Theresa May is preparing for plan next month for a no-deal Brexit, damaging all GBP pairs and lifting EUR/GBP above 0.90. The DOW30 short was...
All currencies are up against the US dollar as USDX comes off the 95.40/60 ceiling, which it failed to break repeatedly over the past 2 months. Aussie is the best performer mainly because the Chinese...
The US dollar continued to rally on trade tensions, shrugging somewhat disappointing US economic data. The Fed wants to see wage inflation but it wasn't as strong as hoped in Friday's jobs report and...