Intraday Market Thoughts

Archived IMT (2010.02.22)

by Ashraf Laidi
Feb 22, 2010 17:18

Yen is best performing currency of the day (after NOK). CADJPY falls by more than 60 pips from the last IMT calling for declines in the pair. USDJPY hits 91.10 target, with 90.80 remaining viable, while gold demonstrates another high profile failure at 1123. Subseq target for CADJPY stand at 86.59, followed by 86.00 into the week. German Feb IFO (9:00 GMT) & US Feb consumer confidence (15:00 GMT) see calendar for more detail


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