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EURUSD

1.1851

USDJPY

111.52

GBPUSD

1.3772

AUDUSD

0.7485

USDCAD

1.2406

GBPJPY

153.59

EURJPY

132.15

AUDJPY

83.48

CADJPY

89.86

Silver

26.23

Intraday Market Thoughts

View Latest IMT | Archives Calendar | Titles by Month

Archived IMT (2009.03.20)

by Ashraf Laidi

Mar 20, 2009 15:46

The narrowing consolidation on the EURAUD chart (see new chart section on the site) reflects the thre broadening strength in both AUD and EUR as the former reaps the benefits of higher yielding rallies and accelerating gains in metals, while the latter acts as the anti-dollar. But the apparantly symmetric chart suggest gradually-negative bias (AUD positive), towards the 1.925 level.

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