Intraday Market Thoughts
Archived IMT (2010.08.06)
by
Aug 6, 2010 19:11
THE ONCE SOARING AUSSIE is now underperforming vs EUR & GBP, supporting my bias in favour of EURAUD and GBPAUD. The previous decline did not extend below the 1.43 and 1.70 support and upside remains intact. See HOTCHART in this website. Meanwhile, here's a look at the relationship between USDJPY and the YIELD SPREAD between US & JP 10 year yields SEE CHART http://chart.ly/bt4yzn
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