Intraday Market Thoughts
Archived IMT (2009.12.21)
by
Dec 21, 2009 19:51
Dollar strength intensifies amid lethargic trading FX volumes as USDJPY hits 91.25 target from Fridays IMT, paving the way for a gradual ascent towards 93. GBPUSD drops below $1.0650, further nearing the 200-day MA at $1.60. Gold meanwhile, breaks below 1,100, nearing the 1,070 target raised 2 weeks ago throughout the IMTs, twitter.com/alaidi and forum discussions. Silver vulnerable to 16.00.
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