Intraday Market Thoughts
Archived IMT (2010.04.19)
by
Apr 19, 2010 11:30
GREEk-GERMAN 10 yr BOND YIELD SPREADS shoot up to fresh record high of 462 bps EURUSD shed another half a cent to $1.3425. Volcanic ash is not only disrupting German air-space until Tuesday morning, but also delaying the arrival of the EU/IMF officials to Athens to discuss a 3-year policy program for Greece. The economic consequences of further blockage in European air traffic will be an added factor against the euro. Sterling dragged down by LDPs lead in all of the major opinion polls (not only debate polls), which increase the risk of a hung parliament. GBPUSD next target at $1.5135, while EURUSD risks calling up $1.3350 later this week.
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