Intraday Market Thoughts

Ahead of Friday's US Jobs Report

by Ashraf Laidi
Apr 5, 2012 20:45

In Yesterday's Premium piece we compared two market reactions to two similar events; the March 13 FOMC statement, whose slightly upbeat assessment & inflation recognition lifted USD at expense of equities & metals for only 24 hrs; and; yesterdays minutes release to the same Mar 13 meeting. But unlike in the March 13-14 reaction, EURUSD is now extending its losses; breaking below the January support line. There is another glaring difference underway to the Mar 13-14 dynamics. Find out in todays Premium Insights the trading implications, as well as charts on USD Index. EURJPY, AUDUSD, USDCAD and US crude oil are also added. Access to today's Insights: Nonsubscribers pls click here:


Latest IMTs