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BEST LONG TERM PAIR?

  • #1
  • First Post: Jan 8, 2008 8:13am Jan 8, 2008 8:13am
What is the best long term position in your opinion? Currently, I feel that USDJPY will go down over the next several months based on my indicators. Anyone else have any long term (3 months or longer) trades that they reccomend?
  • #2
  • Jan 8, 2008 8:27am Jan 8, 2008 8:27am
Sell the dollar...the pounding isn't going to stop anytime soon.
  • #3
  • Jan 8, 2008 8:29am Jan 8, 2008 8:29am
Quoting wasupnow14
What is the best long term position in your opinion? Currently, I feel that USDJPY will go down over the next several months based on my indicators. Anyone else have any long term (3 months or longer) trades that they reccomend?
I Agree with you there..
USD/JPY in 2-3 Months time we will be at around 100.20 levels.
  • #4
  • Jan 8, 2008 8:33am Jan 8, 2008 8:33am
eur/usd...if 1 lower interest rates, and the other raises them,...this is a sure winner on long run, maybe only eur/gbp might outperform eur/usd on long term, i mean 2+ years... if 1.9666 goes at cable is my guess...
its just money
  • #5
  • Jan 8, 2008 9:18am Jan 8, 2008 9:18am
they all are good long term pairs, as long as you know what drives the markets
"Abandon all hope, you who enter here" La Divina Commedia, Dante Alighieri
  • #6
  • Jan 8, 2008 9:20am Jan 8, 2008 9:20am
From here, I don't know...I am treading lightly on the prospect of unexpected Dollar strength
  • #7
  • Last Post: Jan 8, 2008 9:45am Jan 8, 2008 9:45am
Based on my long-term views, AUD/USD still has room to run to ~0.95-0.97 if AU hikes rates one more time before 2Q08, US lowers rates at least 75bps more, and gold can stay above 900 for any decent period of time.

Another lesser talked about pair that's on my radar is USD/CHF approaching parity in 2008. I think it will recover very strong from around 1.01, but if US interest rates really do hit 3-3.25% then there is no carry element to the pair and we could be looking below parity. Switzerland may also hike rates sometime this year which would really push this pair to parity in a hurry.
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