Archived IMT (2009.07.01)
Weakness in the yen and sterling dominate trading. Bigger than exp decline in US ADP jobs, bigger than exp decline in construction and negative pending home sales weighed on risk appetite temporarily. ISM was w/in expectations. NZD, GBP and JPY among the big losers. USDJPY fails to break above the right shoulder of 97.10 (some charts have the high at 97.18), but we could see a renewed attempt. 96.20 support holding firm. Weekly Crude oil stocks show a draw of 3.7 mln bbs vs forecast of a draw of 2 mln.
Stimulus Snag, China Chugs Along
by Adam Button | Aug 3, 2020 14:46
ندوة مساء الثلاثاء مع أشرف العايدي
by Ashraf Laidi | Aug 3, 2020 12:50
Some August Seasonals
by Adam Button | Jul 31, 2020 15:48
From Fed to Q2 GDP
by Adam Button | Jul 30, 2020 12:50
What Does the Fed See?
by Adam Button | Jul 29, 2020 17:32