Intraday Market Thoughts

Archived IMT (2009.04.15)

by Ashraf Laidi
Apr 15, 2009 9:12

Kiwi is the weakest performing currency ahead of the Aussie, while JPY leads the dollar on the top of the days charts, reflecting the recent sell-off in NZDUSD, NZDJPY, AUDUSD and AUDJPY. NZDUSD daily chart still looks shaky (stochastics, RSI etcc). NZ inflation report due tomorrow evening could show Jan-Mar CPI up 0.3% after -0.5% in Sep-Dec. US Feb Indus production seen -0.9% after -1.5% in Jan. NY April Empire survey seen at -35 after -38.


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