Intraday Market Thoughts

Archived IMT (2010.03.04)

by Ashraf Laidi
Mar 4, 2010 15:52

USD EXTENDS GAINS across the board, dragging EUR to 1.3580 and cable back towards the 1.5030 lows. AUDNZD continues to rally beyond 1.31 but AUDUSD deepens losses towards 0.8990s, eyeing 0.8950s. Worse than expected pending home sales weighing on risk appetite. Gold hits 1127 target in previous tweet, now looking to extend losses towards 1117 in Asia. AUDCHF target stands at 0.9580. GBPUSD eyes 1.5020 from current 1.5060. Key WATCH ASHRAF's GOLD PRESENTATION on CANTOS CHARTS


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