Intraday Market Thoughts
Archived IMT (2009.10.12)
by
Oct 12, 2009 14:56
Oil prices soar on escalating worries about the USD and reserve diversification from central banks scaling up EUR and JPY. The breakout above $73 faces the $75 as the sole resistance, which augurs well for prolonged CAD gains ahead. See our LATEST HOTCHART on EURCAD http://bit.ly/4DckdM GBPUSD rebound off its 1.5720 lows remains capped at $1.5860. Ashraf's BLOOMBERG TV INTERVIEW earlier today http://bit.ly/86c4G
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