Announcement

Collapse
No announcement yet.

ACFX - www.acfx.com

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • ACFX - www.acfx.com

    ACFX is a trading name of AtlasCapital Financial Services Ltd (ACFS), a registered company in Cyprus and regulated by the Cyprus Securities and Exchange Commission and is MiFID compliant.

    ACFS, located in the European Union, complies with all relevant European Regulations and the MiFID Directive as well as being licenced by the UK Financial Services Authority.


    Features for Traders:

    -CYSEC Regulated
    -ECN/STP accounts
    -Leverage up to 1:500 and tight spreads
    -Scalping allowed and welcomed
    -Trade on I-phone, I-pad, blackberry, Android and windows mobile
    -Islamic accounts
    -Bonus Program
    -Many funding methods
    -minimum initial deposit $50
    -Dedicated account manager for every client
    -EAs allowed
    -Free VPS hosting for deposit not less than $250

    Features for IBs:

    -Up to 2 Pips commission
    -Markups allowed
    -Special promotions for IBs
    -Wide selection of marketing tools
    -Best Conditions for you and your clients'
    - VIP IB program

  • #2
    ACFX would like to announce lunching Scalpermenia promotion. Free VPS hosting with MT4 preinstalled for deposit $500 and above, Scalping allowed and welcomed, all EAS and Robots allowed, leverage up to 1:500. Top Scalper contest, the scalper with biggest amount of pips profit will receive a $3000 prize in two months as ACFX summer top Scalper.
    ACFx is a CYSEC regulated European broker with various deposit methods and support 24 hours a day.
    Open your account now! www.acfx.com
    Last edited by ACFX; 12-09-11, 07:14.

    Comment


    • #3
      IB Special Offer

      Are you an experienced IB?
      Do you want to switch to a regulated and reliable broker with better commissions?
      Switch to ACFX now and offer your client a free $50 no deposit bonus.


      Conditions:

      -IB must submit proof of having an active IB account with any forex broker with more than 10 clients who deposited and traded. (Statement or snap shot).
      -Clients must submit proof of having active real accounts with the forex broker on which they have had a deposit above $100 and have traded at least 1 lot (statement or snap shot).
      -Clients must verify their account with ACFX with appropriate documents.
      -Bonus is for trading purpose only and is not withdrawalable under any circumstances.
      -Profits will become withdrawalable after the client finishes a trading volume of 5 lots.
      -Bonus becomes void on the first deposit and is then replaced by ACFX bonus program matching the deposited amount.
      -Valid until the 10th of October.
      -ACFX has the right to deny requests for bonus without providing any explanations




      ACFX Partnership Department
      YM: ib.acfx
      Skype: partner.acfx
      Phone: + 357 25 50 10 63
      E-mail: ib@acfx.com

      Comment


      • #4
        Daily Market Outlook from ACFX

        September 13th, 2011

        Important Financial Indicators of the day
        Forecast Previous
        Public Holiday for Hong Kong and South Korea
        GBP 08:30 (GMT) CPI y/y 4.5% 4.4%
        GBP 08:30 (GMT) Trade Balance -8.5B -8.9B
        USD 12:30 (GMT) Import Prices m/m -0.7B 0.3B
        USD 12:30 (GMT) Federal Budget Balance -126.5B -129.4B

        Currencies
        • EUR/USD The euro erased earlier declines against the greenback after an Italian government official yesterday said officials have held talks with their Chinese counterparts about potential investments in the economy.
        o The shared currency traded at $1.3685 from $1.3679 yesterday, when it touched $1.3495, the weakest since Feb. 16.
        • USD/JPY The yen gained against 14 of its 16 most-traded peers as investors bought the safest assets.
        o The yen rose to 77.02 per dollar from 77.21.
        • GBP/USD The pound rose against the dollar after yesterday’s continuous fall.
        o The U.K. currency traded at $1.58565 around 7:30 a.m. London time after reaching $1.57730.


        Commodities

        • Gold rebounded as investors found the precious metal attractive on an attempt to protect their wealth against financial turmoil and the risk of a deepening economic slowdown.
        o Gold for immediate delivery advanced as much as 1 percent to $1,832.75 an ounce and traded at $1,831.35 an ounce by 11:56 a.m. in Singapore.
        o December-delivery futures in New York increased as much as 1.3 percent to $1,837.20 an ounce before trading at $1,834.20.

        • Oil rose on speculation crude stockpiles shrank last week in the U.S., the world’s biggest consumer of the commodity, after storms reduced offshore production.
        o Crude for October delivery climbed as much as $1.02 to $89.21 a barrel in electronic trading on the New York Mercantile Exchange and was at $89.08 at 12:42 p.m. Singapore time.

        Equities

        • U.S. stock advanced as speculation that China may invest in Italy triggered a rally that lifted the Dow Jones Industrial Average.
        o The S&P 500 advanced 0.7 percent to 1,162.27 at 4 p.m. in New York.
        o The Dow increased 68.99 points, or 0.6 percent, to 11,061.12.
        • European stock fell as speculation mounted that Germany is preparing for Greece to default.
        o BNP Paribas (BNP) SA, Societe Generale SA and Credit Agricole SA (ACA) tumbled at least 11 percent.
        o The U.K.’s FTSE 100 Index declined 1.6 percent.
        o Germany’s DAX Index lost 2.3 percent and France’s CAC 40 Index declined 4 percent.
        • Asian stocks rose under some optimism on news that China may come to the aid of the euro zone and the euro’s decline to the weakest level since 2001 against the yen.
        o The MSCI Asia Pacific Index added 0.4 percent at 3:02 p.m.
        o Japan’s Nikkei 225 Stock Average added 1 percent.
        o Hong Kong market is closed today.

        Comment


        • #5
          Daily Market Outlook from ACFX

          September 14th, 2011

          Important Financial Indicators of the day
          Forecast Previous
          GBP 08:30 (GMT) Claimant Count Change 34.8K 37.1K
          EUR 09:00 (GMT) Industrial Production m/m 1.5% -0.7%
          USD 12:30 (GMT) Core Retail Sales m/m 0.2% 0.5%
          USD 12:30 (GMT) PPI m/m -0.1% 0.2%
          USD 12:30 (GMT) Retail Sales m/m 0.2% 0.5%

          Currencies
          • EUR/USD The euro fell against the dollar in Asia on Wednesday due to pessimism that a conference between Germany, France and Greece later in the day will ease concerns over sovereign debt problems.
          o The shared currency fetched $1.3611 from $1.3678.
          • USD/JPY The dollar held a two-day slide against Japan’s currency before reports that may show U.S. retail sales growth moderated in August, adding to signs of a slowing recovery.
          o The dollar was trading at 76.873 yen around 7 a.m. London time from 76.96.
          • GBP/USD The pound continued to fall against the dollar yesterday although it looked as if it could become a safe haven.
          o The U.K. currency traded at $1.5745 around 7:30 a.m. London time.


          Commodities

          • Gold advanced for a second day as concern about Europe’s sovereign-debt crisis spurred demand for the metal as a haven investment.
          o Immediate-delivery gold rose as much as 0.6 percent to $1,844.98 an ounce and traded at $1,836.85 at 12:04 p.m. in Singapore.
          o December-delivery bullion gained as much as 1 percent to $1,848.20 an ounce in New York before trading at $1,840.30.

          • Oil fell from a six-week high as investors speculated that gains this week were exaggerated amid concern that Europe’s debt crisis and the slowing U.S. economic recovery will urge fuel demand.
          o Crude for October delivery dropped as much as $1.60 to $88.61 a barrel in electronic trading on the New York Mercantile Exchange and was at $88.74 at 3:52 p.m. Sydney time.

          Equities

          • U.S. stock advanced led by the industrial and technology sectors, as Europe's sovereign-debt crisis kept the advance in check.
          o General Electric led the blue chips higher, rising 40 cents or 2.7%, to $15.41 while Intel gained 48 cents, or 2.4%, to 20.76
          o The S&P 500 increased 0.9 percent to 1,172.87 at 4 p.m. in New York.
          o The Dow Jones Industrial Average advanced 44.73 points, or 0.4 percent, to 11,105.85 yesterday.
          • European stock rose for the first time in three days as banking shares and carmakers advanced.
          o Bayerische Motoren Werke AG (BMW) and Daimler AG (DAI) led gains in European carmakers, both increasing more than 2 percent.
          o The U.K.’s FTSE 100 Index (UKX) advanced 0.9 percent.
          o Germany’s DAX Index jumped 1.9 percent and France’s CAC 40 Index rallied 1.4 percent.
          • Asian stocks fell after the Chinese premier said economies “must put their own houses in order” and not rely on bailouts from China.
          o Chinese Premier Wen signaled developed nations should cut deficits and create jobs rather than relying on China to bail out the world economy.
          o The MSCI Asia Pacific Index fell 1.7 percent to 116.25 as of 2 p.m. in Tokyo.
          o Japan’s Nikkei 225 (NKY) Stock Average slid 1 percent.
          o Hong Kong’s Hang Seng Index fell 1.3 percent, while China’s Shanghai Composite Index slid 0.5 percent.

          Comment


          • #6
            Daily Market Outlook from ACFX

            September 15th, 2011

            Important Financial Indicators of the day
            Forecast Previous
            EUR 08:00 (GMT) ECB Monthly Bulletin
            GBP 08:30 (GMT) Retail Sales m/m -0.2% 0.2%
            EUR 09:00 (GMT) CPI y/y 2.5% 2.5%
            EUR 09:00 (GMT) Core CPI y/y 1.2% 1.2%
            USD 12:30 (GMT) Core CPI m/m 0.2% 0.2%
            USD 12:30 (GMT) Unemployment Claims 410K 414K

            Currencies
            • EUR/USD The euro declined against the dollar on concern that the risk of a Greek default is increasing borrowing costs for other European countries and before Spain has a debt auction today.
            o Spain will today sell as much as 4 billion euros ($5.5 billion) of bonds maturing in 2019 and 2020.
            o The euro fell to $1.3708 as of 1:57 p.m. in Tokyo from $1.3755 yesterday in New York.
            • USD/JPY The Japanese currency rose versus most of its major peers as Asian stocks pared earlier gains.
            o The dollar was trading at 76.697 yen around 7 a.m. London time.
            • USD/CAD Canada’s dollar fell as oil and copper dropped and as U.S. retail sales unexpectedly declined in August.
            o Canada ships about three-quarters of its exports to the U.S., including almost all of its crude oil.
            o The Canadian dollar depreciated 0.4 percent to 98.93 cents per U.S. dollar at 5 p.m. in Toronto, compared with 98.57 cents yesterday.


            Commodities

            • Gold fell as the prospect of financial support from China eased concern that the European debt crisis will worsen, eroding demand for the metal as a haven.
            o Gold futures for December delivery fell $3.60, or 0.2 percent, to settle at $1,826.50 an ounce at 1:59 p.m. on the Comex in New York.

            • Oil dropped as investors bet that increasing U.S. fuel stockpiles and signs of a weakening economy indicate demand will decrease.
            o An Energy Department report yesterday showed gasoline supplies rose 1.94 million barrels last week.
            o Crude for October delivery decreased as much as 59 cents to $88.32 a barrel in electronic trading on the New York Mercantile Exchange and was at $88.59 at 2:31 p.m. Sydney time.

            Equities

            • U.S. stock rose as French President Nicolas Sarkozy and German Chancellor Angela Merkel said they are convinced Greece will remain in the euro zone.
            o General Electric Co. (GE), Home Depot Inc. (HD) and Monsanto Co. (MON) rose at least 2.4 percent.
            o The S&P 500 gained 1.4 percent to 1,188.68 at 4 p.m. New York time.
            o The Dow Jones Industrial Average rose 140.88 points, or 1.3 percent, to 11,246.73.
            • European stock stocks swung between gains and losses as bank shares reversed their earlier losses.
            o BNP Paribas (BNP) lost 3.3 percent while Cairn Energy Plc sank 10 percent.
            o The U.K.’s FTSE 100 gained 1 percent.
            o Germany’s DAX advanced 3.4 percent and France’s CAC 40 climbed 1.9 percent.
            • Asian stocks climbed after German Chancellor Angela Merkel said Greece will stay in the euro zone.
            o Westpac Banking Corp. gained 1.7 percent in Sydney.
            o The MSCI Asia Pacific Index gained 0.8 percent to 117.21 as of 2:30 p.m. in Tokyo.
            o Japan’s Nikkei 225 Stock Average climbed 1.6 percent.
            o Hong Kong’s Hang Seng Index and China’s Shanghai Composite Index were little changed.

            Comment


            • #7
              Get Your Bonus Now!

              New Year 20.12% on First Deposit Bonus!
              Fund your new trading account with a minimum of $1000 and instantly receive a bonus of 20.12% on your first deposit!
              Terms & Conditions
              1. Only applicable to new accounts activated during January 2012
              2. Minimum eligible deposit is $1000.
              3. Maximum bonus is $2012
              4. Bonus will be credited to the account instantly upon activation (Credit)
              5. To convert credit to balance, for every $5 bonus, 1 lot should be traded. Only
              converted to balance if the whole amount is traded within 30 days of Initial deposit
              6. The Bonus will be removed from the trading account if the volume is not completed
              within 30 days
              7. Bonus may only be given once per Customer (not per account)
              8. First deposit Bonus is not valid if the deposit is made through an internal transfer
              9. Bonus is only applicable to Classic & VIP Accounts and does not include STP&ECN
              accounts.
              10. All bonuses (Under Credit – including any other credits) will be removed from the
              account if the client withdraws any amount of funds before the

              Comment


              • #8
                January 20th, 2012

                Important Financial Indicators of the day Forecast Previous
                GBP 09:30 (GMT) Retails Sales 0.6% -0.4%
                CAD 12:00 (GMT) Core CPI m/m -0.2% 0.1%
                USD 15:00 ( GMT) Existing Home Sales 4.65M 4.42M
                Currencies EUR/USD The 17-nation euro strengthened yesterday as Spain and France sold bonds at lower yields in their first sales of medium and long-term debt since being downgraded by Standard & Poor’s.
                The dollar has fallen 2.3 percent versus the euro since Jan. 13.

                USD/CAD Canada’s dollar was little changed against its U.S. counterpart as a decline in crude oil countered a rally in equities.
                Canada’s currency, also known as the loonie, was little changed at C$1.0108 per U.S. dollar at 5 p.m. in Toronto after touching C$1.0071, the most since Dec. 8.

                Commodities Oil rose in New York, extending its gain for the week, as investors bet fuel demand will rise along with an economic recovery in the U.S.
                Crude for February delivery advanced as much as 35 cents to $100.74 in electronic trading on the New York Mercantile Exchange at 4:36 p.m. Sydney time.

                Gold regained strength on Friday after an early drop in prices spurred bargain hunting
                from investors in Asia, while a steady euro and rising equities offered additional support for the metal, which is heading for its third week of gains.
                Spot gold added 0.07 percent to $1,657.89 an ounce by 0718 GMT after falling to a low around $1,653.

                Comment


                • #9
                  January 26th, 2012
                  Currencies EURUSD The dollar traded 0.1 percent from the least in five weeks against the euro after the Federal Reserve extended its pledge to keep interest rates low until late 2014.
                  The dollar traded at $1.3118 per euro as of 2:51 p.m. in Tokyo from $1.3106 in New York yesterday, when it dropped to $1.3121, the lowest level since Dec. 21
                  USDCAD Canada’s dollar gained to the strongest in almost three months after U.S. policy makers said their key interest rate will stay at almost zero until at least late 2014, boosting the attraction of Canada’s 1 percent rate.
                  Canada’s currency, appreciated 0.5 percent to C$1.0043 per U.S. dollar at 5 p.m. Toronto time.

                  Commodities OIL rose for a second day in New York on speculation that a Federal Reserve pledge to keep U.S. interest rates low will bolster economic growth and boost fuel demand in the world’s biggest crude consumer.
                  Crude for March delivery rose as much as 84 cents to $100.24 a barrel on the New York Mercantile Exchange and was at $100.21 at 2:16 p.m. Singapore time.
                  Gold jumped to its strongest in more than a month on Thursday after a promise by the U.S. Federal Reserve to keep rock-bottom rates for at least two more years helped burnish the metal's safe-haven appeal.
                  Spot gold was hardly changed at $1,709.19 an ounce by 0036 GMT after earlier hitting a high of $1,713.59 an ounce, its highest since mid-December.

                  Comment


                  • #10
                    January 27th, 2012

                    Currencies EURUSD The dollar traded 0.1 percent from the least in five weeks against the euro after the Federal Reserve extended its pledge to keep interest rates low until late 2014.
                    The dollar traded at $1.3118 per euro as of 2:51 p.m. in Tokyo from $1.3106 in New York yesterday, when it dropped to $1.3121, the lowest level since Dec. 21
                    USDCAD Canada’s dollar gained to the strongest in almost three months after U.S. policy makers said their key interest rate will stay at almost zero until at least late 2014, boosting the attraction of Canada’s 1 percent rate.
                    Canada’s currency, appreciated 0.5 percent to C$1.0043 per U.S. dollar at 5 p.m. Toronto time.
                    Commodities OIL rose for a second day in New York on speculation that a Federal Reserve pledge to keep U.S. interest rates low will bolster economic growth and boost fuel demand in the world’s biggest crude consumer.
                    Crude for March delivery rose as much as 84 cents to $100.24 a barrel on the New York Mercantile Exchange and was at $100.21 at 2:16 p.m. Singapore time.
                    Gold jumped to its strongest in more than a month on Thursday after a promise by the U.S. Federal Reserve to keep rock-bottom rates for at least two more years helped burnish the metal's safe-haven appeal.
                    Spot gold was hardly changed at $1,709.19 an ounce by 0036 GMT after earl r hitting a high of $1,713.59 an ounce, its highest since mid-December.

                    Comment


                    • #11
                      Market Outlook & Technical Analysis

                      February 3rd, 2012
                      Currencies EUR/USD headed for a weekly decline against all of its 16 major peers as Greece and its creditors struggle to reach an agreement on a debt swap.The euro was little changed at $1.3140 as of 2:40 p.m. in Tokyo from $1.3144 in New York yesterday, set for a 0.6 percent weekly decline.
                      USD/JPY traded within one yen of a postwar high versus the dollar, raising speculation the country will intervene to weaken it.The yen traded at 76.19 per dollar from 76.22. It rose to as high as 76.03 on Feb. 1, approaching the post-World War II record of 75.35 set on Oct. 31.
                      AUD/USD fell from near five-month highs as Asian stocks dropped, curtailing a global advance in equities and reducing demand for riskier assets.Australia’s dollar declined 0.2 percent to $1.0691 from yesterday, when it reached $1.0757, its strongest since Sept. 1.
                      Commodities Oil traded near a six-week low before a report forecast to show the U.S. added fewer jobs last month than in December.Crude for March delivery was at $96.56 a barrel, up 20 cents, in electronic trading on the New York Mercantile Exchange at 1:32 p.m. Singapore time. The contract fell 1.3 percent to $96.36 yesterday, the lowest since Dec. 19.
                      Gold advanced to the highest level in eight weeks, gaining alongside equities and other commodities, as global manufacturing improved, weakening the dollar and boosting demand for alternative investments. Gold rallied as much as 0.5 percent to $1,751.97 an ounce, the most expensive since Dec. 8, and traded at $1,746.30 at 1:20 p.m. in Singapore.
                      http://blog.acfx.com/wp-content/uploads/tech/feb2012/3-2/highres/eurusd.jpg
                      http://blog.acfx.com/wp-content/uploads/tech/feb2012/3-2/highres/usdjpy.jpg

                      Comment


                      • #12
                        February 7th, 2012 Currencies EUR/USD declined for a 2nd day before Greek PM Lucas Papademos share out details to the other 3 parties in regards to the details of measures to be held on nation in order to control and solve the debt issue. The euro dropped 0.2% to $1.3107 as of 2:23 p.m. in Tokyo from the close in NY yesterday when it fell 0.2%. It was little changed at 100.56 yen. Japan’s currency weakened 0.2 percent to 76.73 per USD
                        USD/JPY The dollar was little changed against the Japanese yen as traders consider whether Tokyo will intervene in currency markets
                        The dollar bought 76.58 Japanese Yens, versus 76.62 JPY that was traded on late Friday.
                        AUD/USD gained against all of its 16 major counterparts after the Central Bank maintained the benchmark interest rate at 4.25%. Forecasts expect a cut of 4%.
                        The Australian dollar advanced 0.6 percent to $1.0792 and touched $1.0811,
                        the strongest since Aug. 2.
                        Commodities Oil traded near a two-day low in NY on speculation that fuel demand may drop as Europe faces a serious debt issue and crisis influence the market on both US and Europe, as stockpiles increase in the U.S., the biggest crude consumer.
                        Crude for March delivery was at $96.82 a barrel, down 9 cents, in electronic trading on NYMEX at 4:30 p.m. Sydney time. The contract yesterday fell 93 cents to $96.91, the lowest settlement since Feb. 2. Prices are down 2 % this year
                        Gold started the week under pressure as another weekend passes with no resolution of the Greek crisis, sapping risk appetite and boosting the dollar. It seems like the big sticking point might not be the PSI deal after all, but troika concerns about the pace of Greek reforms. Just so there's no question about how Greek workers feel about additional austerity, the two largest unions — which account for nearly half of the entire workforce of Greece — have a strike planned for Tuesday (today).
                        Spot gold edged up 0.1 per cent to $1,721.13 an ounce by 0311 GMT, after touching a 1-1/2-week low of $1,711.29 in the previous session.

                        Comment


                        • #13
                          February 8th, 2012

                          Important Financial Indicators of the Day Forecast Previous
                          NZD (GMT) Employment change q/q 0.4% 0.2%
                          NZD (GMT) Unemployment Rate 6.5% 6.6

                          Currencies EUR/USD The euro hit an eight-week high against the dollar on Tuesday, helping lift stocks and commodities on signs a Greek bailout agreement was near, but the rally paused after a key meeting on Greece was postponed by a day.
                          The euro at one point jumped more than 1 percent to a session high of $1.3270, hitting its highest level since December 12. After paring some gains, the euro traded near session highs, up 1 percent on the day.

                          USD/JPY The yen weakened versus all of its major peers as gains in Asian shares damped demand for haven currencies and data showed that Japan’s current-account surplus slid to a 15-year low in 2011.
                          The yen fell 0.5 percent to 77.14 per dollar as of 6:11 a.m. in Tokyo. It dropped 0.6 percent to 102.35 per euro, the weakest level since Dec. 22. Europe’s 17-nation currency gained 0.1 percent to $1.3271 after reaching $1.3276, the most since Dec. 12.

                          AUD/USD Aussie gained against the majority of its 16 major counterparts after the central bank maintained the benchmark interest rate at 4.25 percent. Predictions were expecting a cut of 4 percent.
                          The Australian dollar advanced 0.8 percent to $1.0809 after rising to $1.0823, the strongest since Aug. 2.

                          Commodities Oil Gains a Second Day on demand outlook as API says U.S. Stockpiles Drop. Oil Rose for a second day in NY after an industry report showed stockpiles shrank in the U>S>, the world's bigger crude consumer.
                          Oil for March delivery advanced 82 cents to $99.23 a barrel in electronic trading on the New York Mercantile Exchange and traded at $99.22 at 5:27 p.m. in Sydney. The contract yesterday increased $1.50 to $98.41, the highest settlement since Jan. 31. Prices are 14 percent higher than a year ago.

                          Gold is trading at 1748.40 ending an up and down session. Earlier in the day gold began falling hitting the low of 1712.65. As news of a possible deal was reported in Greece the USD began to plummet and Gold did as it should do, it rose. As the dollar came down gold turned around and went up 1.4%.

                          Comment


                          • #14
                            February 9th, 2012
                            Currencies EUR/USD The euro rose toward a two-month high after a Greek government official signaled confidence that finance ministers in the currency bloc will approve a second financing accord for the debt-strapped nation.The euro rose 0.2 percent to $1.3281 as of 2:39 p.m. in Tokyo from the close in NYMEX yesterday, where it reached $1.3289, the highest since Dec. 12
                            USD/JPY pair is trading at 77.18, with the USD trading 0.15% higher from yesterday’s close, as yen came under pressure after core machinery orders in Japan fell 7.1% in December. Separately, the M3 money supply in Japan climbed 2.6% in January. Yen declined after the Japanese Economic Watchers’ survey results showed that the Current Conditions Index declined to 44.1 in January, compared to 47.0 in December. Meanwhile, the Outlook Index edged up to 47.1, from 44.4 in December.
                            AUD/USD Aussie in the Asian session, at GMT 04:00, the pair is trading at 1.0777, with the AUD trading marginally higher from yesterday’s close, after the National Australia Bank (NAB) business survey indicated that business conditions improved in the December quarter, following a moderation in the June quarter Gains were limited, as China’s annual inflation rate came in higher-than-expected,climbing 4.5% in January, well above market expectations for a 4.0% rise.The pair is expected to find support at 1.0729, and a fall through could take it to the next support level of 1.0682. The pair is expected to find its first resistance at 1.0834, and a rise through could take it to the next resistance level of 1.0892.
                            Commodities Oil climbed for a third day in New York as a U.S. government report showed refineries processed more crude last week and Greece moved closer to securing a second bailout.Crude for March delivery rose as much as 43 cents to $99.14 a barrel in electronic trading on the New York Mercantile Exchange. The contract was at $99.11 at 2:15 p.m. Singapore time. It increased 0.3 percent yesterday to $98.71, the highest since Jan. 30. Prices are 14 percent higher the past year.
                            Gold held steady above $1,730 an ounce on Thursday, after dropping about a percent in the previous session, as a surprisingly high China inflation number supported prices, while investors also focused on Greece's debt talks for direction Gold came under pressure as the euro softened after Greek political leaders failed to conclude a deal for a bailout package crucial to avoiding a messy debt default, but the higher-than-expected inflation data out of China helped bullion pare early losses.

                            Comment


                            • #15
                              February 10th, 2012
                              Important Financial Indicators of the dayForecast Previous
                              GBP 09:30 (GMT) PPI Input 0.4% -0.6%
                              CAD 13:30 (GMT) Trade Balance 0.7B 1.1B
                              USD 13:30 (GMT) Official Bank Rate -48.1B 1.1B
                              USD 17:30 (GM) Fed Chairman Bernanke speaks
                              Currencies EUR/USD The dollar advanced versus most of its major counterparts as Asian stocks fell and European finance ministers withheld an aid package for Greece.
                              The dollar rose 0.2 percent to $1.3255 per euro as of 6:30 a.m. in London
                              AUDUSD Australia’s dollar fell from near a six-month high after the Reserve Bank lowered its forecasts for growth and inflation this year, boosting scope for policy makers to reduce interest rates.
                              Australia’s dollar slid 0.7 percent to $1.0714 at 4:13 p.m. in Sydney, after reaching $1.0845 on Feb. 8, the most since Aug. 2
                              Commodities Oil fell from the highest in three weeks, trimming a weekly gain, as concern that Europe’s debt crisis will worsen and curb global commodity demand.
                              Oil for March delivery fell as much as 46 cents to $99.38 a barrel in electronic trading on the New York Mercantile Exchange and was at $99.57 at 5 p.m. Sydney time
                              Gold hovered unchanged at around $1,730 an ounce on Friday in cautious trade as euro zone finance ministers held off on approving a bailout package for Greece even after it said it had clinched a deal on economic reforms.
                              Gold Price was little changed at $1,732.34 an ounce by 0315 GMT, after two straight days of losses.

                              Comment

                              Top Active Users

                              Collapse

                              There are no top active users.
                              Working...
                              X