Archived IMT (2009.04.22)
Closely watch stocks' struggle to hold on recent gains and the repsonse from FX, especially currencies which are vulnerable to risk aversion (GBP, NZD, CAD, AUD and EUR). EURAUD is an example of a risk aversion trade seeking prolonged gains, targetting 1.8830s from current 1.8340 in the event of falling US equities and negative repsonse in Asia. FTSE-100 closed at 4,3030, 30 points below the right Shoulder resistance. Expect weak bias in CAD to prevail ahead of tomrrow's CAN retail sales and BoC policu update.
Reality Check Pre Jobs
by Adam Button | Dec 6, 2019 12:37
Kushner a Tell?
by Adam Button | Dec 5, 2019 11:11
GBP Breaks out, USD Hurt
by Adam Button | Dec 4, 2019 14:38
Time for the Pre-Santa Selloff
by Adam Button | Dec 3, 2019 12:55
USD Pauses, Key Levels Pre ISM
by Ashraf Laidi | Dec 2, 2019 13:51