Archived IMT (2009.03.06)

by Ashraf Laidi

Mar 6, 2009 17:51

EURGBP UPSIDE? GBP falling to session lows below $1.4090, boosting EURGBP towards the 89.90s. EURGBP trend line resistance extending from the Dec 31 high. Reiterating recent Hot-Chart on EURGBP, keep an eye on an evolving rising channel, which could reach towards the interim resistance of 90.40s, followed by 90.75. but selling likely to re-emerge at 91.70s

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Harold Wilson devaluing the pound speech: https://t.co/lerFUTj5Vp (21 hr ago)
Larry Summers Warns Pound May Tumble Below $1 on ‘Naive’ UK Policies https://t.co/CkoCBN4n6a (22 hr ago)
See you in Orlando next month https://t.co/AoRD6IUHyY #forex $FXE $UUP $TNX $GLD @MoneyShow https://t.co/5F8dIpcuTR (yesterday)
Somethings dont change: - Italians abt to elect Berlusconi. - UK debt hits new high. -Italy beat England in football. (yesterday)
Fitch, Moodys and S&P usually issue their downgrades after the close ....on a Fridays. UK awaits (yesterday)
confirmed. UK 10 yr yields close above US 10 yr yields for the 1st time in 11 years 3.83% vs 3.68% https://t.co/R72iYZ7l8M (yesterday)
they say the deeper the inversion, the harder the recession. 10-2s the lowest since 1981 (yesterday)
POWELL: FED DEALING WITH EXCEPTIONALLY UNUSUAL DISRUPTIONS (yesterday)
No, the Bank of England will not intervene to support the pound #GBP-- They can hardly keep up w/ monetary policy,… https://t.co/gnIYiySvg1 (yesterday)
@najjar07 Totally disagree (yesterday)

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