Archived IMT (2009.04.24)
Sterling the worst performer ahead of USD on worse than expected Q1 GDO and concerns of a possible downgrade of the UKs credit rating. Cable targets at 1.4580, followed by 1.4530 in event of pullback in US trade. Note how Japanese stocks closed lower despite positive US Thurs session (due to after hour earnings). This will likely push US indices lower, thus, weighing further on GBP, to the benefit of JPY. Also consider accumulating EURAUD for 1.8850 target from current 1.8457. Support stands at 1.8230.
How Many Cuts for a Solid Economy?
by Adam Button | Jul 17, 2019 14:23
Shale & Powell Resistance Eyed
by Adam Button | Jul 16, 2019 12:40
أداء القطاعات في الدورة الاقتصادية
by Ashraf Laidi | Jul 15, 2019 17:05
If you're taking time off
by Ashraf Laidi | Jul 12, 2019 14:54
أشرف العايدي على العربية
by Ashraf Laidi | Jul 12, 2019 13:01