Archived IMT (2010.07.30)
A preferred scenario for the euro would be a softer US Q2 GDP reading than Q1 but not to the extent of triggering sharp sell-off in equities. Such a reading would be between 2.0% and 2.5%. A figure below 2.0% would be too negative for stocks and risk appetite to the extent of standing in the way of a EURUSD rally above 1.31. Subsequent downside could break below 1.29 but beware of London Close activity as we close the month. ALSO WATCH YEN, which could extend strength in event of disappointing figures.
Copper Broke, Time to Worry?
by Ashraf Laidi | Sep 28, 2023 12:22
Inflection points in Gold إنعطافات الذهب
by Ashraf Laidi | Sep 22, 2023 18:25
GBP Does it again عملها مرة أخرى
by Ashraf Laidi | Sep 20, 2023 13:19
ندوة أوربكس الآن مع أشرف العايدي
by Ashraf Laidi | Sep 19, 2023 18:43
Gold & CPI Scenarios الذهب والسيناريوهات
by Ashraf Laidi | Sep 15, 2023 12:11