Archived IMT (2010.12.09)

MORE BAD NEWS FOR EUROZONE; Hours after Fitch downgraded Ireland to BBB+, Irelands centre-left opposition Labour Party said will vote against the EUR 85 bln IMF/bailout package due for approval next week. I stick with my $1.27 forecast (60% chance to take place before year-end) as I stick with my forecast for 0.9660 and 0.9550. Another AUSTRALIAN JOBS SURPRISE did lift AUDUSD but not beyond 0.9860. AUDNZD NEARS 10-year highs at 1.32, which appears to be a triple top so far. Although the cross could come off in reaction to a China rate hike (Friday or weekend) I am nor ready to call major slide in AUDNZD below 1.30. Lets review this further. USDJPY ROAD TO 85.90 ALSO REMAINS INTACT. REGARDING MY Jan 23 FX Workshop, it is $445.00 for my 4-hour session and $1695 for my presentation, Lori workshops (materials and training) from Jan 21-23 : REGISTER HER:

http://www.ashraflaidi.com/about/workshop01.asp