Archived IMT (2008.11.17)
NY Fed's manufacturing index hit a new low of -25.4 from -24.6, but better than expectations. The components were equally dismal, with the new orders and employment indices also dipping to new lows. Industrial production rose 1.3% in October following a revised 3.7% in September, which was exaggerated by the hurricanes and Boeing strikes. STERLING PAIRS ARE THE BIG WNNERS, beating even their yen counterparts as orders rushed in to snap up the currency pound following sharp gaps down in early Monday Asia/Pacific trade. Confirmation of a Japanese recession limited forex risk-seeking trades from a yen stand-point. GBPUSD is seen extending gains towards an interim pressure point of $1.5060, with major trend line resistance standing at $1.5150. Support climbs towards $1.4950 and $1.4970.
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