Intraday Market Thoughts
Archived IMT (2009.05.18)
by
May 18, 2009 14:14
Yen and USD take a breather as Dow futures gain 62 pts. No major US data releases for the day or the week, which will test the bulls resolve to add on to USD weakness. GBPUSD requires a breach above $1.5380, while EURUSD faces pressure at $1.3570. NZD seeks to exploit the rally in equities by testing the 57.60 yen and 59.60 vs USD. Note that the preferred play on risk is to sell USD than sell JPY.
Latest IMTs
-
What's Special about Gold?
by Ashraf Laidi | Oct 2, 2026 12:21
-
Gold Silver Update
by Ashraf Laidi | Sep 30, 2026 9:38
-
English Webinar Starts now
by Ashraf Laidi | Sep 28, 2026 10:49
-
GoldBugs Index Update
by Ashraf Laidi | Sep 24, 2026 12:05
-
Nasdaq Wedge
by Ashraf Laidi | Sep 23, 2026 15:50
