Intraday Market Thoughts
Archived IMT (2010.05.19)
by
May 19, 2010 17:27
FEAR OF ECB INTERVENTION PULLING FX traders away from selling EUR and GBP, and forcing them to knock down commodity currencies (AUD, CAD & NZD).
The massive 200-pip jump in EURCHF in less than 10 minutes (13:00-13:10 BST) followed by an additional 100-pip move is the work of no other than the Swiss National Bank intervening to sell its own currency. But the 80-90 pip jump in EURUSD followed by further gains could be the work of European banks intervening on behalf of the ECB to boost the ailing euro. WATCH ASHRAFs APPEARANCE ON CNBC http://bit.ly/cu57uq
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