Archived IMT (2009.01.14)
The 2.7% decline in US Dec retail sales defies the receding signs of stress in credit markets and expose the ongoing deterioration on the economic front.
The shocking report triggers sharp return to the risk-driven trades of H2 2008 boosting USD and JPY, but this also means that USDJPY could head towards towards my projected target of 86.40 (see lasty week's H&S analysis). Gold still holds above TL support of $815.
Kushner a Tell?
by Adam Button | Dec 5, 2019 11:11
GBP Breaks out, USD Hurt
by Adam Button | Dec 4, 2019 14:38
Time for the Pre-Santa Selloff
by Adam Button | Dec 3, 2019 12:55
USD Pauses, Key Levels Pre ISM
by Ashraf Laidi | Dec 2, 2019 13:51
Tories in Command, Turn to China
by Adam Button | Nov 28, 2019 12:51