Intraday Market Thoughts

Archived IMT (2008.12.30)

by Ashraf Laidi
Dec 30, 2008 16:31

EUR must remain supported above $1.4070 in order to maintain the latest bull phase. Rising risk aversion may pose renewed obstacle for the currency, but a host of fundamental factors and thin liquidity could accelerate the moves higher as the bias remains negative USD. EURJPY continues to act as positive indicators for the single currency as the robust JPY fails to make any marked gains vs EUR beyond 125. This is feeding into ... Rest Available to subscribers.


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