Archived IMT (2010.01.21)

Goldman Sachs Earnings due at 13:00 GMT, with the consensus estimates at $5.22/share vs. $5.12 or the whisper number (unofficial estimates). But noted Bank analyst Dick Bove has just given his forecast for as low as $4.20, which would be a tremendous earnings miss by a bank that has usually surpassed earnings by wide margins. GBPUSD breaks below $1.6180, now eyeing $1.6080 after weaker than expected CBI figures. EURUSD eyes 1.4015, while USDCAD breaks above $1.05 (in line with chart in previous IMT), drawing 1.0545 as the next key target.