Archived IMT (2009.10.09)
CAD continues to lead across the board, extending gains vs. AUD and EUR, while GBPUSD risks breaking below 1.59 as equities meander in positive territory. CAD shrugged the biggest trade deficit on record while an unexpectedly decline in US trade deficit is further helping USD, especially following USD-supporting remarks overnight (directly and indirectly) by Fed Chairman Bernanke, Kansas Feds Hoenig and White House economic advisor Summers, whether directly or indirectly. Although statements from Fed officials are a mere reiteration of the obvious Fed ready to tighten when economy improves, the officials are seizing every opportunity to state their intention to normalize interest rates when the time is right. AUDCAD seen accelerating losses towards 0.9330 into next week.
Latest IMTs
-
محتوى بوصلة السوق من العائد الى الذهب و الناسداك
by Ashraf Laidi | Mar 20, 2024 12:42
-
BTC Needs Powell Correction بيتكوين بحاجة الى تصحيح
by Ashraf Laidi | Mar 18, 2024 17:20
-
Not once, twice, but six ستة مرات ليس صدفة
by Ashraf Laidi | Mar 13, 2024 10:07
-
Finding 88K Bitcoin كيفية الوصول الى
by Ashraf Laidi | Mar 4, 2024 12:21
-
شراء بيتكوين وصل الى عشر أضعاف الإنتاج
by Ashraf Laidi | Feb 29, 2024 9:17