Intraday Market Thoughts

Latest Premium Trades Ahead of ECB's LTRO

by Ashraf Laidi
Dec 20, 2011 20:10

Strong IFO figures from Germany and unexpectedly strong US housing starts are contributing to higher risk appetite. But markets await Wednesdays new three-year long term refinancing operation or LTRO from the ECB. Consensus for the take-up ranges between EUR 250-300 billion. See the latest Intermarket Insights on EURUSD, AUDUSD, USDCAD, AUDNZD & ES along with our charts comparing Net Spec positioning vs EUR 1 Mth Volatility . Direct Access here: Non Subscribers click here:


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