Intraday Market Thoughts
Latest Premium Trades Ahead of ECB's LTRO
by
Dec 20, 2011 20:10
Strong IFO figures from Germany and unexpectedly strong US housing starts are contributing to higher risk appetite. But markets await Wednesdays new three-year long term refinancing operation or LTRO from the ECB. Consensus for the take-up ranges between EUR 250-300 billion. See the latest Intermarket Insights on EURUSD, AUDUSD, USDCAD, AUDNZD & ES along with our charts comparing Net Spec positioning vs EUR 1 Mth Volatility . Direct Access here: http://ashraflaidi.com/products/sub01/access/?a=572 Non Subscribers click here: http://ashraflaidi.com/products/sub01/
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