Intraday Market Thoughts

Archived IMT (2010.01.04)

by Ashraf Laidi
Jan 4, 2010 15:46

Ashrafs interview earlier today on BNN discussing the dynamics in the US & Canadian job figures, http://watch.bnn.ca/#clip251668 FX impact and the outlook for the Fed exit strategy. US regains strength across against all FX except against FX board after US manufacturing ISM blows out expectations to hit the highest since April 2006 at 55.9. GBPUSD failed to break above that $1.6240 resistance cited as a 38% retracement and recent highs. USDJPY drops back to 92.30s, expected to regain 92.90s

 
 

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