FX Daily Report: USD Mixed, Dollar Index Flat

By GFM ResearchCurrenciesFeb 04, 2013 04:36AM ET

www.investing.com/analysis/fx-daily-report:-usd-mixed,-dollar-index-flat-153697

FX Daily Report: USD Mixed, Dollar Index Flat

By GFM Research | Feb 04, 2013 04:36AM ET

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Market Commentary
The US Dollar is trading mixed wherein it continued depreciating against the Euro and the Swiss France, where as it appreciated against the British Pound after depreciating for couple of days and continued depreciating against the Japanese Yen. The Dollar Index is again finding support at 79.00 ranges and is currently trading flat at 79.28; next leg of weakness in the USD is expected only on the DX closing below 78.80 on daily basis.

The benchmark equity index (DJIA) after closing above the historic congestion of 13400-13500 gained consistently to currently trade at 13988 ranges with 14000 mark acting as psychological barrier and 14200 ranges being historic high.

Historic correlation between DX Vs DJIA suggests the long-term trend is still dollar bearish till the Dollar Index is not closing above 84.50 on monthly basis.
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	43,421.6	-199.7	-0.46%
US 500	5,964.4	+9.0	+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	106.415	+0.187	+0.18%

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	2,932.64	+13.84	+0.47%
Silver	32.180	+0.354	+1.11%
Copper	4.5760	+0.0485	+1.07%
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: USD Mixed, Dollar Index Flat

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