Archived IMT (2009.05.14)
Dollar strength joining yen strength in drawing risk aversion trades as GBPUSD breaks below $1.5070. CAD is well past its moment in the sun and is set for further damage, with USDCAD targeting goal at 1.1850, followed by 1.1910, which is the 200-day MA. The sell-oil story remains a fundamental driver as technicals show gradual signs of a breakdown, eyeing $54.66 as the next key target. Yen retains strength across the board and a break of 95 in USDJPY is viable, especially in the event of a considerable rebound in US jobless claims (12:30 GMT/13:30 London time) above 601K.
Reality Check Pre Jobs
by Adam Button | Dec 6, 2019 12:37
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