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EURUSD

1.1851

USDJPY

111.52

GBPUSD

1.3772

AUDUSD

0.7485

USDCAD

1.2406

GBPJPY

153.59

EURJPY

132.15

AUDJPY

83.48

CADJPY

89.86

Silver

26.23

Intraday Market Thoughts

View Latest IMT | Archives Calendar | Titles by Month

Archived IMT (2009.05.19)

by Ashraf Laidi

May 19, 2009 15:27

Stocks struggle to retain positive territory after fresh record lows in US housing starts, prompting stability back in JPY and to lesser extent USD. JPY strength may remain cautious ahead of this evening's Japanese GDP figures. Oil drops back below $59, targeting $58, while gold regains upper hand towards $926. CADJPY unable to break above 83.70 resistance (61.8% retracmnt of 85.88-80.08 decline.

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