Intraday Market Thoughts
Archived IMT (2010.02.08)
by
Feb 8, 2010 13:06
The lack of key fundamental data has helped extend the pullback in the USD and JPY against major currencies, which remains no more than a corrective move w/in an impulsive rally in USD and JPY. Sterling is also among the underperformers of the day, dragged by expectations of renewed QE. Wednesdays BoE inflation report could show a GDP downgrade and reiterate the case for fresh asset purchases. Any rebound in GBP could see it capped at $1.5670. CADJPY is seen amid the few yen crosses likely to garner fresh gains ahead, eyeing resistance at 84.00, with USDCAD vulnerable to retesting 1.0550 CORRECTION (not 1.0650s)
Latest IMTs
-
ندوة سويسكوت مساء اليوم مع أشرف العايدي
by Ashraf Laidi | Mar 11, 2025 15:46
-
Forecaster App التطبيق الذي كنت تنتظره
by Ashraf Laidi | Feb 23, 2025 23:00
-
Charting gold storage in NY تحليل مخزونات الذهب في نيويورك
by Ashraf Laidi | Feb 21, 2025 19:45
-
آخر ضربة تعريفات ترامب على الأسواق
by Ashraf Laidi | Feb 7, 2025 19:52
-
تداول فوضة تعريفات ترامب
by Ashraf Laidi | Jan 31, 2025 21:19