FX Daily Report : Tuesday, July 17, 2014

By GFM ResearchCurrenciesJul 17, 2014 05:46AM ET

www.investing.com/analysis/fx-daily-report-:-tuesday,-july-17,-2014-219761

FX Daily Report : Tuesday, July 17, 2014

By GFM Research | Jul 17, 2014 05:46AM ET

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Market Commentary
Most of the FX majors traded mixed bag wherein the Common Currency, the Swiss Franc continued to trade weaker against the Greenback; Cable in contrary traded strong though 1.7170 may post interim resistance. The Dollar Index (DX) is still trading sideways between 81.40 and 79.20 in the medium term; Dollar weakness may extend only on weekly close below 78.70.

The benchmark equity index of the Dow Industrials (.DJIA) is slowly scaling new highs with 17300-17400 being the eventual objective for breakout beyond 16500 ranges. Historic correlation between DJI and DX suggests major trend of the Dollar Index is still bearish till monthly close is not above 84.60 though the correlation between DJI and DX has become less significant during recent times.

FX Pair

Disclaimer: This report contains the views of GFM Research Private Limited. This report should not be construed as investment/trading advice. Due care is taken when gathering the data/information and the data sources are believed to be reliable, though GFM Research Private Limited nor its Group Companies guarantee for the same. Trading/investing in financial markets may result in financial and/or emotional stress, a trader/investor is advised to weigh pros and cons of trading/investing. Further disclaimer will be produced on request.

Disclaimer: This report contains the viewpoints of GFM Research. This report should not be construed as investment/trading advice. Due care is taken when gathering the data/information and the data sources are believed to be reliable, though GFM Research nor its Group Companies guarantee for the same. Trading/investing in financial markets may result in financial and/or emotional stress, a trader/investor is advised to weigh pros and cons of trading/investing. Further disclaimer will be produced on request.

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Central Banks

Interest Rates

Next Meeting

FED

4.50%

Mar 19, 2025

ECB

2.90%

Mar 06, 2025

BOE

4.50%

Mar 20, 2025

SNB

0.50%

Mar 20, 2025

RBA

4.10%

Apr 01, 2025

BOC

3.00%

Mar 12, 2025

RBNZ

3.75%

Apr 09, 2025

BOJ

0.50%

Mar 19, 2025

CBR

21.00%

Mar 21, 2025

RBI

6.25%

Mar 10, 2025

PBOC

3.10%

BCB

13.25%

Mar 19, 2025

US 30	43,705.2	+83.9	+0.19%
US 500	5,997.1	+41.7	+0.70%
Dow Jones	43,703.04	+81.88	+0.19%
S&P 500	5,997.43	+42.07	+0.71%
Nasdaq	19,246.41	+220.03	+1.16%
S&P 500 VIX	18.21	-1.22	-6.28%
Dollar Index	106.190	-0.038	-0.04%

Crude Oil WTI	68.80	-0.13	-0.19%
Brent Oil	72.22	-0.28	-0.39%
Natural Gas	3.976	-0.154	-3.73%
Gold	2,928.59	+9.79	+0.34%
Silver	32.248	+0.422	+1.32%
Copper	4.6178	+0.0903	+1.99%
US Soybeans	1,024.25	-5.75	-0.56%

U.S. 10Y	4.283	-0.015	-0.35%
U.S. 30Y	4.535	-0.021	-0.46%
U.S. 5Y	4.124	-0.007	-0.17%
U.S. 3M	4.299	+0.008	+0.19%
US 10Y T-Note	110.53	+0.02	+0.01%
Euro Bund	132.76	+0.30	+0.23%
10-2 Yield Spread	19.61	-2.98	-13.19%

Apple	243.52	-3.52	-1.42%
Alphabet A	174.48	-0.94	-0.54%
Tesla	298.02	-4.78	-1.58%
Amazon.com	216.80	+4.00	+1.88%
Netflix	998.17	+20.93	+2.14%
Meta Platforms	679.85	+22.35	+3.40%
Bank of America	44.31	+0.37	+0.83%

FX Daily Report : Tuesday, July 17, 2014

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