Intraday Market Thoughts

Nokkie & Peso Lead 2012 in FX, Onto Review & Preview

by Ashraf Laidi
Dec 21, 2012 21:30

2012 nears its end with the Nokkie and Mexican Peso battling it out in the league of best FX performers, followed by the Singapore dollar, Kiwi and Swedish Krona. The Nokkie stood out in its being the sole outperformer, experiencing an interest rate cut. will unveil its exclusive 2012 multi-asset performance review for Premium members, as well as intermarket preview for 2013. These will also assess the performance of Premium Insights since inception. Friday’s punishing equity session resulted from the impasse among the US House of Republicans regarding Plan B on raising taxes on the “rich”. Although equity indices finished off their lows, FX rates such as EURUSD and GBPUSD are showing gravestone doji formations, which could imply further erosion in the days to come—yet the weekly horizons remain more constructive.


Latest IMTs