Archived IMT (2009.01.15)
EURCHF has dropped 145 pips from 2 days ago when I issued a negative bias to CMC Clients based on increased concerns with Eurozone fiscal integrity, possibility for 75-bp ECB cut and unlikelihood of SNB rate cut soon. Techs suggest H&S formation could trigger prolonged losses towards 1.4650 and 1.4570 in case of renewed risk aversion. ECB seen widely cutting rates by 50-bps to 2.00%. which is likely to prevent EURUSD from breaching below $1.3050 TL support.
The Coronavirus Positioning
by Adam Button | Feb 25, 2020 16:02
Virus Sends Stocks to 4th Worst Day in Past 9 yrs
by Adam Button | Feb 24, 2020 18:25
Gold Eyes 1680 ahead of G20
by Ashraf Laidi | Feb 21, 2020 18:08
3 Charts for GBP Traders
by Ashraf Laidi | Feb 21, 2020 13:18
Is Yen-Centric Risk Back?
by Adam Button | Feb 20, 2020 17:34