Archived IMT (2009.09.09)
Four consecutive daily gains in US stocks adding to the broad US dollar damage as EURUSD eyes the $1.4627 resistance and AUDUSD regains 0.86 despite disappointing Aussie retail sales and home lending. Participants must be cautious from fundamentally weak currencies, which are gaining vs USD, such as GBP and CAD. GBPUSD continues to fail in breaking above $1.66 (as signalled in our weekly article below), while EURGBP hits 2 months high at 0.88, aiming for 0.8990. Further losses in USDCAD remain a USD story but todays low remains well above yesterdays 1.0677. Expect 1.09 before weeks'end.
حدود الذهب و الدولار
by Ashraf Laidi | Oct 19, 2018 16:59
How Bad Can it Get for Italy?
by Adam Button | Oct 19, 2018 13:55
Gold up on Fed's Inflation Tilt
by Adam Button | Oct 18, 2018 15:42
الإسترليني و “الباكستوب” الإرلندي
by Ashraf Laidi | Oct 17, 2018 17:06
Back in the Red, Awaiting Backstops
by Adam Button | Oct 17, 2018 15:03