Intraday Market Thoughts
Archived IMT (2009.10.22)
by
Oct 22, 2009 11:22
GBP loses further ground after UK Sep retail sales came in flat on a month-to-month basis vs. expectations of a 0.5% increase. After having failed to regain $1.6660, GBPUSD extends losses towards 1.6490s. Yesterdays late session sell-off in US equities following the downgrade of Wells Fargo triggered broad losses in Asia and Europe, offering a modest boost to USD. We expect prelim support standing at $1.64555, followed by $1.6370. USDCAD looks to regain 1.0570, while CADJPY proves a fresh failure at 87. USDJPY still fails to regain that 91.70 resistance and is bound for further losses towards 90.80.
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