l*******r
发帖数: 3799 | |
c*******a
发帖数: 653 | |
l*******r
发帖数: 3799 | 3 In the past nine months, people use cheap dollars to buy equities and short
USD as a currency protection. In
the past month, as USD goes strong, people need to unwind this position (
because of the stop of USD short
position). This is one major force driving down the market.
We see USD goes up crazily in the past two weeks. Maybe because a lot of
these carry trades have been
unwinding.
【在 c*******a 的大作中提到】
: 可以解释一下么？俺看不懂：（谢谢：）
|
s*****e
发帖数: 531 | 4 It's hard to say. Dollar went strong from December, yet the market still
keep going up until Jan, putting a lot of pressure on me at that time,
while I was on the bear side.
short
(
of
【在 l*******r 的大作中提到】
: In the past nine months, people use cheap dollars to buy equities and short
: USD as a currency protection. In
: the past month, as USD goes strong, people need to unwind this position (
: because of the stop of USD short
: position). This is one major force driving down the market.
: We see USD goes up crazily in the past two weeks. Maybe because a lot of
: these carry trades have been
: unwinding.
|
l*******r
发帖数: 3799 | 5 There was a consolidation region of USD between 79 and 81 back in last Jun/
Jul. I guess many people initiated
their carry trade position since then. As USD index approaches to this
region (today's close 80.38). Many of
these position would be stopped out.
I guess that is why we see dollar appreciation is accelerating in last week.
【在 s*****e 的大作中提到】
: It's hard to say. Dollar went strong from December, yet the market still
: keep going up until Jan, putting a lot of pressure on me at that time,
: while I was on the bear side.
:
: short
: (
: of
|
c*******a
发帖数: 653 | 6 got it~~really appreciate!!
by the way, what does the word "unwind" mean? unload?
short
【在 l*******r 的大作中提到】
: In the past nine months, people use cheap dollars to buy equities and short
: USD as a currency protection. In
: the past month, as USD goes strong, people need to unwind this position (
: because of the stop of USD short
: position). This is one major force driving down the market.
: We see USD goes up crazily in the past two weeks. Maybe because a lot of
: these carry trades have been
: unwinding.
|
l*******r
发帖数: 3799 | 7 Buying into dollar and sell equities...
【在 c*******a 的大作中提到】
: got it~~really appreciate!!
: by the way, what does the word "unwind" mean? unload?
:
: short
|
k********8
发帖数: 7948 | 8 if dollar appreciation's accelerating, then it's near it's end.
week.
【在 l*******r 的大作中提到】
: There was a consolidation region of USD between 79 and 81 back in last Jun/
: Jul. I guess many people initiated
: their carry trade position since then. As USD index approaches to this
: region (today's close 80.38). Many of
: these position would be stopped out.
: I guess that is why we see dollar appreciation is accelerating in last week.
|
