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Archived IMT (2009.11.10)

by Ashraf Laidi
Nov 10, 2009 9:47

USD & JPY stabilize against all currencies in Asia and into European trade after a shy reaction in Asian equities to the 2% rallies in the US. Nikkei +0.6%, Hang Seng +0.3%. USDJPY, EURJPY and GBPJPY highlight our yen bullishness, suggesting further pullbacks ahead eyeing 89.60, 134 and 148.80. German Nov ZEW Current Conditions due at 10:00 GMT exp -70 from -72.2; Economic Sentiment exp 55 from 56. Oil failed to regain 80.50, before retreating towards 79.00. CADJPY capped at 85.10.

 
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