Intraday Market Thoughts

Archived IMT (2009.04.23)

by Ashraf Laidi
Apr 23, 2009 15:11

Risk aversion trades in FX extend their flows as US March exist homes sales fail to follow on the gain in Feb sales. JPY strength drags USD down to 98, eyeing 97.70. Cable eyes $1.4470, capped at $1.4650 CAD awaits BoC report/speech in 25 mins. S&P500 eyes 829, Dow targets 7,7430. New Hot-Chart on USDCAD-S&P500.


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