Archived IMT (2011.03.18)
G7 says will mount a coordinated intervention to stabilize the yen for the first time since 2000 (when G7 intervened in concert to support euro). USDJPY jumps 200pips to 81.28, along al other yen pairs, potentially eyeing 82.30. EURUSD and GBPUSD are in fact falling despite the shot in the arm to global equities as Nikkei rallies 3.2%. The fact that AUD and CAD are rallying vs. USD reflects the sharp move towards risk assets/currencies. This helps confirm EURUSD to find support above 1.3980s before it is expected to extend gains towards 1.4060 and 1.41. USDCHF sharply reverses its losses to rally 100 pips to 0.9080s.
Saudi Strike Upends More Than Oil
by Adam Button | Sep 16, 2019 11:55
ندوة أشرف العايدي مع أوربكس مساء الثلاثاء
by Ashraf Laidi | Sep 13, 2019 16:23
After the ECB
by Adam Button | Sep 13, 2019 15:09
What’s Priced in for the ECB?
by Adam Button | Sep 12, 2019 12:33
Bond Binge Busts
by Adam Button | Sep 11, 2019 12:29