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.
Reality Check Pre Jobs
by Adam Button | Dec 6, 2019 12:37
Kushner a Tell?
by Adam Button | Dec 5, 2019 11:11
GBP Breaks out, USD Hurt
by Adam Button | Dec 4, 2019 14:38
Time for the Pre-Santa Selloff
by Adam Button | Dec 3, 2019 12:55
USD Pauses, Key Levels Pre ISM
by Ashraf Laidi | Dec 2, 2019 13:51