Intraday Market Thoughts
Archived IMT (2010.03.18)
by
Mar 18, 2010 14:39
FX MARKETS to soon realize that the 100-bp decline in the Greek-German 10-year spread was founded on "anticipation" of a Greek deal rather than an actual package, and will find little resistance in driving back down EURUSD towards its February lows of $1.34, followed by $1.32. A resolution over Greek aid is now unlikely before the March 25 EU Summit. Meanwhile, the Fed is due to end its purchases of $3.0 trillion in MBS this month, bringing its quantitative easing a step closer to the end. Such are the factors preventing EURUSD from regaining the all-important $1.3850 resistance. REGISTER for Ashrafs VANCOUVER SEMINAR this SATURDAY http://bit.ly/ acXvOH
Latest IMTs
-
Deflationary Bitcoin صلابة بيتكوين
by Ashraf Laidi | Apr 24, 2024 11:20
-
Of Gold Extensions مقياس إمتدادات الذهب
by Ashraf Laidi | Apr 15, 2024 16:38
-
Bitcoin performance & Miners Prehalving
by Ashraf Laidi | Apr 9, 2024 17:07
-
English Translation to Arabic Interview
by Ashraf Laidi | Apr 7, 2024 21:01
-
فشل الفدرالي في إقناع الأسواق
by Ashraf Laidi | Apr 6, 2024 14:17