Intraday Market Thoughts

Archived IMT (2009.07.27)

by Ashraf Laidi
Jul 27, 2009 15:43

Equities shrugging of the stronger than expected 115 surge in US June home sales highlights the insistence for markets to pare Fridays gains, setting up the opportunity for renewed slide in AUDUSD, NZDUSD, GBPUSD and GBPJPY to 0.8145, 0.6505, 1.6410 and 155.80. Gold seen capped at 957--38% retracement of the pullback from the 989 high, eyeing 940. More updates on


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