Intraday Market Thoughts
Integrating German-US Yield Spread to Latest Euro Call
by
Jul 20, 2011 16:36
Wednesday's Premium intermarket trades focus on the spread between German 10 year bond yield and their US counterpart, which continues to underpin the single currency vs. the US dollar. We look at the evolving technicals of the GE-US spread to justify our positioning in EURUSD. We also add 2 NEW TRADES in in GBPUSD to the mix. Our longs in S&P500 and US crude have hit most of their targets, while USDJPY is pips away from the preliminary targets. DIRECT ACCESS to the day's premium piece: http://ashraflaidi.com/products/sub01/access/?a=459
Non-subscribers can click here: http://ashraflaidi.com/products/sub01/
AL
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