Intraday Market Thoughts
Archived IMT (2010.04.23)
by
Apr 23, 2010 14:46
EUROs CHART on REQUIRED UPSIDE TARGETS http://chart.ly/dhxw4q THIS WEEKEND will see a cacophony of statements about Greece and aid during the World Bank/IMF meetings in Washington starting today going into Monday. But watch out for remarks any further conditions imposed on Greece activating the package as potential dampeners on this latest wave of EUR optimism. France and German are in favour of disbursing aid but this wont be executed until 1st week of May. Will need to a see a break of $1.34 and $1.36 in order for any extended gains to follow-though. WATCH ASHRAF on CNBCs Closing Bell at 19:15 GMT (15:15 EST) discussing the Baltic Dry Index, commodities and FX.
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