Intraday Market Thoughts

Archived IMT (2009.04.20)

by Ashraf Laidi
Apr 20, 2009 11:44

Canada's international securities transactions for March are due out at 12:30 GMT. Previous reading showed C$10.4 bln, which was the first net foreign inflow into Canadian securities after 2 consecutive months of net outflows. See today's Hot-Chart on CADJPY and on tomorrows BoC rate decision. US Mar leading indicators index due at 14:00 GMT. (exp -0.2% from -0.4%). Busy week for Canadian data; (Leading indicators on Wed, retail sales and BoC policy report on Thurs. EURCAD shows bullish engulfing candle and improved stochastics, targeting 1.6050. USDCAD eyes 1.2390. Cable hits $1.4539.


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