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
-
Market Got the Message
by Ashraf Laidi | Apr 15, 2026 9:46
-
Capturing 2000 points & 4840
by Ashraf Laidi | Apr 9, 2026 13:11
-
Next Key Levels
by Ashraf Laidi | Apr 6, 2026 13:54
-
Gold's 730 am Test
by Ashraf Laidi | Apr 2, 2026 22:10
-
10 Pct Limit
by Ashraf Laidi | Mar 31, 2026 14:23
