Archived IMT (2009.03.27)

Stock indices daily technicals could suggest heavier selling to ensue in the latter 2-3 hours of NY trade from current -1.4% to as much as -3.0%. which could see Aussie breach below 67 yen and cable drop back below $1.4270. CAD shows its usual vulnerability during falling stocks/oil, as USDCAD breaks above 1.2420s, eyeing 1.2470s. USD strength to emerge in early Monday Asian trade as stocks make theri share of profit-taking.