Intraday Market Thoughts

Archived IMT (2009.06.18)

by Ashraf Laidi
Jun 18, 2009 19:54

All sorts of rumors why USD is rallying despite rising stocks, while JPY remains weak. Ranging from more banks participating in LIBOR determination (besides London banks) to N.Korea detected to be shipping suspected of proliferating weapons in violation of UN resolution. But soaring US BOND YIELDS to 3.85% from 3.68% maybe helping boosting USD. Bank of Canada's Carney says watching CAD carefully where it moves MORE UPDATES


Latest IMTs