Intraday Market Thoughts
Archived IMT (2009.09.25)
by
Sep 25, 2009 17:35
Stocks are gradually catching up with falling oil (see previous IMT), driving GBP, CAD and even EUR lower vs. USD and JPY. CAREFUL FROM GERMAN ELECTIONS on Sunday and a possible sell-off in EURO in case the SPD joins a GRAND COALITION. 2005 was the last time there was a Grand Coalition, during which EURUSD was dragged lower. Ashraf's video report on oil, S&P, sterling and yen strength http://bit.ly/tVo2d
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