Intraday Market Thoughts
Archived IMT (2009.04.20)
by
Apr 20, 2009 13:30
Keep an eye on AUDNZD as the battle of the high yielders may be lost to the Kiwi in the short term as the Aussie retreats after worse than expected 0.4% decline in q/q PPI (, which means that Wednesday's CPI will also show bigger than exp decline, hence a negative for RBA. These dynamics are seen as fundamental catalyst for the turning point in AUDNZD daily chart. Target seen at 1.22440 and 1.2350. Stocks drop across the board after S&P500 failing to go above 860-865, which is the 30-31% point of the rally from the March lows.
Latest IMTs
-
محتوى بوصلة السوق من العائد الى الذهب و الناسداك
by Ashraf Laidi | Mar 20, 2024 12:42
-
BTC Needs Powell Correction بيتكوين بحاجة الى تصحيح
by Ashraf Laidi | Mar 18, 2024 17:20
-
Not once, twice, but six ستة مرات ليس صدفة
by Ashraf Laidi | Mar 13, 2024 10:07
-
Finding 88K Bitcoin كيفية الوصول الى
by Ashraf Laidi | Mar 4, 2024 12:21
-
شراء بيتكوين وصل الى عشر أضعاف الإنتاج
by Ashraf Laidi | Feb 29, 2024 9:17