Archived IMT (2009.05.15)
Ashraf's interview on Bloomberg TV earlier today. http://tinyurl.com/ol6bd5
US April industrial production -0.5% as expected from -1.7%, capacity utlization hits record low of 69.1. These figures may be neutral to negative for risk appetite but consdiering the Canadian figures, expected fresh gains USDCAD. The 1.1660 support held up, while target stands at 1.18. Cable's recovery eyes 1.5300.
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