Intraday Market Thoughts

Golden Cross in Silver, RBA Cuts Rates

by Ashraf Laidi
Oct 2, 2012 7:02

The RBA cut rates by 25 bps to 3.25% as Ashraf anticipated in the latest Premium Insights edition. Find out the rationale used for anticipating the rate cut when only 7 of 19 economists told Reuters they did not expect a rate cut. 9 new trades are issued (1 EURUSD, 1 GBPUSD, 1 AUDUSD, 1 EURJPY, 2 gold, 1 silver and 2 US crude oil CL_X). 4 trades remain in progress from last weeks edition (filled but neither hit final targets nor stopped out). We are also issuing 2 key charts on SILVER, one of which showing a rate GOLDEN CROSS on the daily chart. Gold has already done so 3 weeks ago. Premium subscribers can have direct access to these trades here: Non clients can log in here:


Latest IMTs