Intraday Market Thoughts

Archived IMT (2009.04.29)

by Ashraf Laidi
Apr 29, 2009 19:49

NZDJPY and GBPJPY remain the preferred play to buy JPY than AUDJPY or CADJPY. Short stop for GBPJPY seen 145.20. For NZDJPY, see more in todays HotChart specifying the various techs from the H&S level. Today's unexpected increase in Q1 US consumer spending boosted market sentiment. We turn to tomorrow's release of the March consumer spending (12:30 GMT) for a more updated figure


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