Intraday Market Thoughts
Archived IMT (2010.11.05)
by
Nov 5, 2010 18:27
EUR vs EZONE SPREADS CHART: http://chart.ly/sweyqkc *** HOW COULD EURUSD rise 3.5% during the same 2 weeks when Irish/Greek/Spanish 10 year spreads rose 20-25% relative to Germany? Anticipation of Feds QE2 has been the main catalyst. But the euro can no longer sustain those highs solely on the back of the Fed asset purchases, while shrugging the ensuing widening in corporate spreads. Irelands ambitious new budget (yet to be approved in parliament) aims at cutting the deficit to 9.25%-9.5% of GDP in 2011 from the current 11.9%.
Latest IMTs
-
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
by Ashraf Laidi | Mar 30, 2023 13:48
-
3 Faces of $2000 Gold
by Ashraf Laidi | Mar 24, 2023 16:38
-
Guiding Through Confusion إرشاد خلال الصاعقة
by Ashraf Laidi | Mar 20, 2023 16:51
-
Finally Gold ETFs Flows Do this
by Ashraf Laidi | Mar 17, 2023 17:00
-
2 Year vs FedFunds Signal
by Ashraf Laidi | Mar 13, 2023 20:23