Intraday Market Thoughts
Archived IMT (2009.07.28)
by
Jul 28, 2009 13:30
If equities hardly managed a rebound yesterday despite a sharp increase in US new home sales, then what would happen in case of renewed decline in S&P/Case Shiller home price index (13:00 GMt) and US July consumer confidence (10:00 GMT)? Recall the June 30th release of the June consumer confidence coincided w/intermediate peak in equities. Yen was already leading the pack earlier this monring before USD joined in and began dragging down EUR, GBP, CAD, AUD and NZD. Look for NZDUSD at 0.6550, GBPJPY at 155.20 (after 155.80 target was hit) and USDJPY at 94.10,
Latest IMTs
-
Of Gold Extensions مقياس إمتدادات الذهب
by Ashraf Laidi | Apr 15, 2024 16:38
-
Bitcoin performance & Miners Prehalving
by Ashraf Laidi | Apr 9, 2024 17:07
-
English Translation to Arabic Interview
by Ashraf Laidi | Apr 7, 2024 21:01
-
فشل الفدرالي في إقناع الأسواق
by Ashraf Laidi | Apr 6, 2024 14:17
-
Typical Errors on Gold, Silver, USD
by Ashraf Laidi | Apr 1, 2024 16:14