Intraday Market Thoughts

Archived IMT (2009.05.28)

by Ashraf Laidi
May 28, 2009 21:11

Members of the can now attach charts from as many as 16 currency pairs, as well as gold and oil, posting their own comments, charting and drawing. Yen weakness is the order of the day, followed by USD weakness, while gold, oil and silver have broken above 963, 65 and 15. Yield hungry Japanese investors are piling on the higher yielding foreign bonds denominated in anything other than yen. Check out the link on my twitter site to the article on Japanese housewives perfecting the art of the “carry trade” .


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