Intraday Market Thoughts

Archived IMT (2010.02.19)

by Ashraf Laidi
Feb 19, 2010 20:49

Ashraf's CNBC appearance pushed to about 1600 EST due to Obama's speech. Markets hovering around neutral territory, oil struggles to hold above $80 and gold unlikely to close above the 1123-5 resistance cited in previous IMT. 92.00 on USDJPY and 1.36 on EURUSD continue to limit any extende bounce in appetite. China's return to the markets next week must be weighed when evaluating the recent pullback in commodities.


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