FX Daily Report: March 12, 2013

By GFM ResearchCurrenciesMar 12, 2013 04:01AM ET

www.investing.com/analysis/fx-daily-report:-march-12,-2013-158605

FX Daily Report: March 12, 2013

By GFM Research | Mar 12, 2013 04:01AM ET

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Market Commentary
After finding support at 81.90, the Dollar Index (DX) continued appreciating to trade at 82.90 ranges. Until it sustains above 81.90, DX is poised to test 83.40 and next 84.10 ranges, although it is getting over bought in medium term.

Dow Industrials (DJIA) is trading around the all time high of 14200-14300 made during October 2007; trading consistently above 14300 results in new rally. Historic correlation between DX Vs DJIA suggests the long-term trend is still dollar bearish, until the Dollar Index doesn't close above 84.50 on a monthly basis. Short and medium term trends are bullish.
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	43,419.6	-201.7	-0.46%
US 500	5,964.2	+8.8	+0.15%
Dow Jones	43,434.29	-186.87	-0.43%
S&P 500	5,965.93	+10.57	+0.18%
Nasdaq	19,075.26	+48.88	+0.26%
S&P 500 VIX	19.09	-0.34	-1.75%
Dollar Index	106.410	+0.182	+0.17%

Crude Oil WTI	68.77	-0.16	-0.23%
Brent Oil	72.22	-0.28	-0.39%
Natural Gas	3.992	-0.138	-3.34%
Gold	2,932.72	+13.92	+0.48%
Silver	32.180	+0.354	+1.11%
Copper	4.5753	+0.0478	+1.06%
US Soybeans	1,024.50	-6.75	-0.65%

U.S. 10Y	4.248	-0.050	-1.16%
U.S. 30Y	4.505	-0.051	-1.12%
U.S. 5Y	4.073	-0.058	-1.40%
U.S. 3M	4.301	+0.010	+0.23%
US 10Y T-Note	110.81	+0.30	+0.27%
Euro Bund	132.92	+0.45	+0.34%
10-2 Yield Spread	19.61	-2.98	-13.19%

Apple	240.36	-6.68	-2.70%
Alphabet A	172.73	-2.69	-1.53%
Tesla	290.80	-12.00	-3.96%
Amazon.com	214.35	+1.45	+0.68%
Netflix	990.06	+12.82	+1.31%
Meta Platforms	673.70	+16.20	+2.46%
Bank of America	43.98	+0.04	+0.09%

FX Daily Report: March 12, 2013

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