Archived IMT (2009.08.03)

It is days like these that further reiterate our long term bullishness for EURUSD, AUDUSD and NZDUSD. We stick with our $1.57 and $1,100 year-end forecast for EURUSD and. The pullbacks in EUR, AUD and NZD during risk aversion plays have been increasingly short-lived as well as quickly retracable. This also supports our long term optimism for EURGBP targeting 0.91 by quarter end and the successful hold of EURGBP at 0.84. More frequent traders and updates on http://twitter.com/alaidi