Intraday Market Thoughts

Archived IMT (2009.04.27)

by Ashraf Laidi
Apr 27, 2009 18:54

Aside from renewed acceleration in stock's selling, EURUSD drops to $1.30 after ECB's Novotny reminds markets of a possible move into quantitative easing at next month's meeting. he adds that European ABS market is "more or less dead". USDMXP surges 0.75 to 100-day MA of 13.94. USDCAD eyes 1.2360.


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