Intraday Market Thoughts

Archived IMT (2009.07.23)

by Ashraf Laidi
Jul 23, 2009 20:39

No major explanation to the dollars rebound against EUR, GBP, AUD, NZD despite stocks persistent gains. USDCAD is the exception after BoC Governor reiterated the central banks upward revision in GDP and inflation. Although Carney did say hes watching CAD closely, CAD accelerated its from the double shot in STOCKS and OIL. YEN WEAKNESS remains the name of the game. Broadening against all majors.


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