Intraday Market Thoughts
Archived IMT (2009.05.18)
by
May 18, 2009 14:14
Yen and USD take a breather as Dow futures gain 62 pts. No major US data releases for the day or the week, which will test the bulls resolve to add on to USD weakness. GBPUSD requires a breach above $1.5380, while EURUSD faces pressure at $1.3570. NZD seeks to exploit the rally in equities by testing the 57.60 yen and 59.60 vs USD. Note that the preferred play on risk is to sell USD than sell JPY.
Latest IMTs
-
4 out of 4 Success Model
by Ashraf Laidi | Jul 10, 2026 10:10
-
Gold & Rate Hike Update
by Ashraf Laidi | Jul 6, 2026 18:48
-
Gold Never did 8
by Ashraf Laidi | Jun 25, 2026 20:05
-
Next Gold Move
by Ashraf Laidi | Jun 22, 2026 16:44
-
Gold and December Hike
by Ashraf Laidi | Jun 18, 2026 14:24
