Archived IMT (2011.03.29)
Another S&P downgrade of Portugal & Greece to BBB- and BB- respectively fails to derail EURUSD from its $1.40 support. This is Portugals 2nd downgrade in less than a week, placing it one notch above junk rating, while Greece is further deepened below investment grade. Portugals perceived ability to cover its Q2 redemptions may be countered by deteriorating political stability. Irelands version of the banking stress tests is due on Thursday as the govt moves closer to fully nationalizing the banking sector. USDJPY breaks out of 82 to hit the highest since Mar 11, eyeing next resistance at 82.70. USDJPY weekly suggests 83.50. US job-related figures start tomorrow with the March ADP as well as another speech by non-voting St Louis Feds Bullard. GBPUSD stabilizes right above the $1.5946 support (trendline from 29 Dec 2010) for now. But the pair stands increasingly vulnerable to extending losses towards $1.5840.
Latest IMTs
-
تداول تزامن المتوسطات المتحركة
by Ashraf Laidi | Jul 26, 2024 23:47
-
TimeStamp Breakdown تقسيم أجزاء الفيديو
by Ashraf Laidi | Jul 24, 2024 10:10
-
تداول الفجوات في ناسداك و دولارين
by Ashraf Laidi | Jul 23, 2024 19:33
-
Chapters Breakdown تفصيل المحتوى
by Ashraf Laidi | Jul 19, 2024 11:25
-
Gold & JPY تحديث الذهب و الين الياباني
by Ashraf Laidi | Jul 18, 2024 18:40