Intraday Market Thoughts
Archived IMT (2008.11.05)
by
Nov 5, 2008 21:26
EURUSD awaits Thursdays ECB rate decision and press conference, with a 50-bp rate cut to 3.25% fully priced in the market. While ECBs Trichet may trigger prolonged losses by expressing optimism on the inflation front, the ECB and BoE rate cuts could trigger short-term boost for risk appetite and the euro towards $1.3050. Downside stands at trend line support of $1.2830, followed by $1.2750.
Latest IMTs
-
How I Grew the Account 5x
by Ashraf Laidi | Mar 2, 2026 11:54
-
Breakout to 2 Month Highs
by Ashraf Laidi | Feb 27, 2026 12:12
-
Grow an Account 5x
by Ashraf Laidi | Feb 26, 2026 14:36
-
USDJPY Jumps on Dovish Picks
by Ashraf Laidi | Feb 25, 2026 11:40
-
Gold $5000?
by Ashraf Laidi | Feb 24, 2026 14:21
