Intraday Market Thoughts
Archived IMT (2010.01.15)
by
Jan 15, 2010 16:59
DO not forget this monthly EURUSD chart http://chart.ly/bv3gtr stating that monthly reversals (declines) of greater than 4% have led to multi-month losses (at least 2) of at least 15%. And with private economists raising their US 2009 Q4 GDP forecasts to as high 5.7%, this could further boost USD yield spreads over DE & narrow it with the UK.
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