Intraday Market Thoughts
Archived IMT (2008.11.24)
Nov 24, 2008 5:42
Equities rise across the board after US govt guarantess up to $306 bln in Citigroups assets against, as well as injecting extra $20 bln from the TARP package. JPY and USD are biggest losers. Particularly positive is CAD, which is expected to drag USD down to 1.25 from current 1.2680. I expect USDCAD to reach 1.24 before week's end in event of prolonged equity gains for the week. Watch for the $810 resistance in gold, a breach of which seen paving way for the seasonal reversals in forex mentioned in the latest article.
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
by Ashraf Laidi | Jun 5, 2023 14:56
Yen Tracking Yield Spreads again?
by Ashraf Laidi | May 30, 2023 17:08
Charts' Year to Date Performance
by Ashraf Laidi | May 29, 2023 16:23
What's a Cycle Completing Trade?
by Ashraf Laidi | May 19, 2023 18:50
الذهب: نهاية أو استراحة؟
by Ashraf Laidi | May 17, 2023 14:14