Intraday Market Thoughts

Euro Tests $1.4570s, On Trichet & Risk Aversion

by Ashraf Laidi
May 5, 2011 16:07

See our latest Intermarket Insight piece on EURUSD, Silver, S&P500, USDJPY and GBPJPY. The combination of highest weekly jobless claims since August 2010 (474K) and JC Trichet omitting vigilant from the ECB press conference with respect to inflation is extending losses in EURUSD below $1.47. Click here for full analysis


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