Archived IMT (2009.06.25)

Sterling shows the biggest deterioration in FX over the past 16 hours as cable breaks below 1.6280 trend line, eyeing next support at 1.6250s. Look for 1.6180. Dow futures + 6pts but FTSE and DAX 28 and -64 respectively. USDCAD hits 1.1620 target as oil breaks to 68.30s. Next level at 1.1650 (trend line resistance from Mar high), with key level at 1.1720 top of 4-week channel. CORRECTION: NZDUSD seen testing 0.6320 (NOT 0.6220), followed by 0.6270, while EURUSD may test 1.3880 in event of weak jobless claims. USDJPY capped at 96.70. Bernanke's testimony at 14:00 GMT