Intraday Market Thoughts
Archived IMT (2010.03.22)
by
Mar 22, 2010 13:31
INTENSIFYING RISK AVERSION boosting JPY at the top of the ranks in currencies, followed by USD then CHF. We warned in prior IMT that Indias rate hike as well as anticipated tightening from the Fed (discount rate) and China (actual rate hike not reserve requirements) will weigh on risk aversion. EURUSD next immediate target at $1.3390, which is the 76% retracement of the rally from the $1.2860 low to the $1.5126 high. EURJPY seen testing 120.60, while cable seen capped at $1.5070.
Latest IMTs
-
محتوى بوصلة السوق من العائد الى الذهب و الناسداك
by Ashraf Laidi | Mar 20, 2024 12:42
-
BTC Needs Powell Correction بيتكوين بحاجة الى تصحيح
by Ashraf Laidi | Mar 18, 2024 17:20
-
Not once, twice, but six ستة مرات ليس صدفة
by Ashraf Laidi | Mar 13, 2024 10:07
-
Finding 88K Bitcoin كيفية الوصول الى
by Ashraf Laidi | Mar 4, 2024 12:21
-
شراء بيتكوين وصل الى عشر أضعاف الإنتاج
by Ashraf Laidi | Feb 29, 2024 9:17