Intraday Market Thoughts
Archived IMT (2009.06.03)
by
Jun 3, 2009 12:59
Dollar gains on supportive remarks from China, Japan, South Korea and India stating there are no alternatives to the USD as a main reserve currency. Dollar also supported by equities inability to rally after stronger than expected PMI figures from the UK. FTSE-100 remained well in the red despite UK PMI services regaining the 50 level for the first time since April 2008. US May ADP on private payrolls (12:15 GMT) expected -530K from -491L, while May services ISM (14:00) expected at 45 from 43.7. Bernanke to speak at 14:00. HOTCHART on EURUSD now up.
Latest IMTs
-
Deflationary Bitcoin صلابة بيتكوين
by Ashraf Laidi | Apr 24, 2024 11:20
-
Of Gold Extensions مقياس إمتدادات الذهب
by Ashraf Laidi | Apr 15, 2024 16:38
-
Bitcoin performance & Miners Prehalving
by Ashraf Laidi | Apr 9, 2024 17:07
-
English Translation to Arabic Interview
by Ashraf Laidi | Apr 7, 2024 21:01
-
فشل الفدرالي في إقناع الأسواق
by Ashraf Laidi | Apr 6, 2024 14:17