Intraday Market Thoughts
Archived IMT (2008.09.09)
by
Sep 9, 2008 21:40
JPY extends gains on escalating equity losses, dragging down USDJPY towards 106.50 objective (mentioned below). Latest article on GSEs pointed out that post-Treasury interventions have seen their market gains shortlived. Monday's GSE bailout generated a rally that lasted one day. Risk appetite remains impaired. Deeper losses seen in Asia. USDJPY eyes 105.00, until relief is seen in next week's FOMC decision.
Latest IMTs
-
Bitcoin Needs these 3
by Ashraf Laidi | Sep 10, 2026 9:36
-
Bessent Warsh 1 2 Punch
by Ashraf Laidi | Sep 9, 2026 10:53
-
Gold Triangle
by Ashraf Laidi | Sep 8, 2026 10:10
-
ندوة يوم الإثنين
by Ashraf Laidi | Sep 4, 2026 15:22
-
Gold & NFP
by Ashraf Laidi | Sep 4, 2026 12:12
