Intraday Market Thoughts
Archived IMT (2009.07.07)
by
Jul 7, 2009 14:16
Current risk environment remains in corrective move, whereby equities and FX remain predominantly in a risk aversion mode. Thus, short term longs in AUD and EUR vs JPY remain favoured. Keep watching the interaction between oil and stocks as both struggle to regain positive territory. Since sterling weakness remains amid the weakest of currencies, consider shorts GBPAUD and GBPNZD as traders remain reluctant to build long term GBP positions ahead of Thursdays BoE announcement. Watch Ashraf on Bloomberg TV at 10:10 EST (14:10 GMT, 15:10 BST) discussing the G8 and Chinas demands for a new reserve currency.
Latest IMTs
-
محتوى بوصلة السوق من العائد الى الذهب و الناسداك
by Ashraf Laidi | Mar 20, 2024 12:42
-
BTC Needs Powell Correction بيتكوين بحاجة الى تصحيح
by Ashraf Laidi | Mar 18, 2024 17:20
-
Not once, twice, but six ستة مرات ليس صدفة
by Ashraf Laidi | Mar 13, 2024 10:07
-
Finding 88K Bitcoin كيفية الوصول الى
by Ashraf Laidi | Mar 4, 2024 12:21
-
شراء بيتكوين وصل الى عشر أضعاف الإنتاج
by Ashraf Laidi | Feb 29, 2024 9:17