Intraday Market Thoughts

Archived IMT (2009.04.27)

by Ashraf Laidi
Apr 27, 2009 10:34

Just noting that Mexico secured a $ 47 bln from the IMF in credit facility as as far back as April 1st as precaution in the event of further deterioration in global markets. This was the biggest financial arrangement in the history of the IMF. Interesing how the IMF can provide such gigantic loans at a time when its suffering serious shortage of resources. So how far back did Mexico know about the flu epidemic? USDMXN eyes 55-day MA at 14.21. New EURAUD Hot-Chart updated.


Latest IMTs