350Z's 2007 I Fund Thread

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The articles that I have read stated the yen carry trade was fading. But the full effect hasn't past in our market as of yet. Once this occurs we should see the I fund possibly return to our advantage?
 
The dollar is on fire, this will be bad for the I Fund. That was why I went to the C yesterday. Also, BOE meets today,so a double wammy.
 
I not very good at understanding currencies, but here is my take on it.

I would suspect that the central bank overseas don't like it when they have to raise their rates and that in turn weakens the USD. They don't like our Dollar weak. Very difficult balancing act for them right now. By holding rates, even tho their economy may dictate a rise on the surface, it still strengthening the Dollar, making their goods more competitive with ours. The dollar may rise the next week or so, but the 200 dma will provide a bit of resistance.
 
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LONDON, March 8 (Reuters) - The European Central Bank raised its main interest rate by a quarter percentage point on March 8 to 3.75 percent. As a result the average rate set by the central banks of the Group of Seven nations rose to 3.80 percent from 3.75 percent, while the average rate set by 11 leading central banks -- the five that decide monetary policy for the G7 nations plus six other major banks -- rose to 4.14 percent from 4.11 percent.

http://yahoo.reuters.com/news/artic...7-03-08_12-56-31_GLOBAL&type=comktNews&rpc=44
 
LONDON, March 8 (Reuters) - Britain's top share index remained strong at midsession on Thursday, as rising oil and metal prices boosted commodity stocks, and shares ticked higher after the Bank of England left interest rates on hold.
By 1245 GMT, the FTSE 100 .FTSE was up 51.9 points, or 0.84 percent, at 6,208.4, pushing slightly higher after the Bank of England's Monetary Policy Committee kept interest rates on hold at 5.25 percent as expected. "Rates were largely expected to remain unchanged in March. Really it's a question of April or May as to whether rates are going to rise," said Peter Dixon, UK economist at Commerzbank.
"The data that we've had out of the UK for the last few weeks has generally been fairly benign and consequently there's absolutely no reason why markets should have been expecting a rate move."


http://yahoo.reuters.com/news/artic...3-08_12-59-51_L08578215&type=comktNews&rpc=44
 
Right now I'm thinking the rally will fade. I'm contemplating a move back in. I will wait for the estimate from 350z and also see what levels we are at closer to the deadline to maybe play for a -FV applied today. My fear is that a slide in the market this afternoon will cause a drop in OSM's and wouldn't be worth it. Swimming in the Wait'n Sea.
 
Right now I'm thinking the rally will fade. I'm contemplating a move back in. I will wait for the estimate from 350z and also see what levels we are at closer to the deadline to maybe play for a -FV applied today. My fear is that a slide in the market this afternoon will cause a drop in OSM's and wouldn't be worth it. Swimming in the Wait'n Sea.

It's stuff like this that drives us crazy.

When in doubt, just do the opposite of what you want to do.

It usually works out for the better.
 
Very strong rally today. I would not be surprised to see more momo entering the later afternoon. However;I tend to believe that there will be a pullback in the US and Overseas markets tomorrow.
 
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