ACFX1713006624 Posted September 12, 2011 Report Share Posted September 12, 2011 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 Quote Link to comment Share on other sites More sharing options...
ACFX1713006624 Posted September 12, 2011 Author Report Share Posted September 12, 2011 (edited) 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 Edited September 12, 2011 by ACFX Quote Link to comment Share on other sites More sharing options...
ACFX1713006624 Posted September 12, 2011 Author Report Share Posted September 12, 2011 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: [email protected] Quote Link to comment Share on other sites More sharing options...
ACFX1713006624 Posted September 13, 2011 Author Report Share Posted September 13, 2011 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. Quote Link to comment Share on other sites More sharing options...
ACFX1713006624 Posted September 14, 2011 Author Report Share Posted September 14, 2011 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. Quote Link to comment Share on other sites More sharing options...
ACFX1713006624 Posted September 15, 2011 Author Report Share Posted September 15, 2011 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. Quote Link to comment Share on other sites More sharing options...
bhinder1713006680 Posted January 19, 2012 Report Share Posted January 19, 2012 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 http://www.acfx.com/landing/?campaignid=CMP-0000000579&utm_source=&utm_medium=text%20link&utm_campaign=bhu2012&utm_term=&utm_content=&utm_landingpageid=LND-0000000066 Quote Link to comment Share on other sites More sharing options...
bhinder1713006680 Posted January 20, 2012 Report Share Posted January 20, 2012 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. Quote Link to comment Share on other sites More sharing options...
bhinder1713006680 Posted January 26, 2012 Report Share Posted January 26, 2012 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. Quote Link to comment Share on other sites More sharing options...
bhinder1713006680 Posted January 27, 2012 Report Share Posted January 27, 2012 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. Quote Link to comment Share on other sites More sharing options...
bhinder1713006680 Posted February 3, 2012 Report Share Posted February 3, 2012 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 Quote Link to comment Share on other sites More sharing options...
bhinder1713006680 Posted February 7, 2012 Report Share Posted February 7, 2012 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. http://blog.acfx.com/wp-content/uploads/tech/feb2012/7-2/highres/eurusd.jpg http://blog.acfx.com/wp-content/uploads/tech/feb2012/7-2/highres/gold.jpg Quote Link to comment Share on other sites More sharing options...
bhinder1713006680 Posted February 8, 2012 Report Share Posted February 8, 2012 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%. http://blog.acfx.com/wp-content/uploads/tech/feb2012/8-2/highres/eurusd.jpghttp://blog.acfx.com/wp-content/uploads/tech/feb2012/8-2/highres/gbpusd.jpg Quote Link to comment Share on other sites More sharing options...
bhinder1713006680 Posted February 9, 2012 Report Share Posted February 9, 2012 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. http://blog.acfx.com/wp-content/uploads/tech/feb2012/9-2/highres/eurusd.jpghttp://blog.acfx.com/wp-content/uploads/tech/feb2012/9-2/highres/usdjpy.jpg Quote Link to comment Share on other sites More sharing options...
bhinder1713006680 Posted February 10, 2012 Report Share Posted February 10, 2012 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. http://blog.acfx.com/wp-content/uploads/tech/feb2012/10-02/highres/usdjpy.jpg http://blog.acfx.com/wp-content/uploads/tech/feb2012/10-02/highres/gold.jpg Quote Link to comment Share on other sites More sharing options...
bhinder1713006680 Posted February 13, 2012 Report Share Posted February 13, 2012 February 13th, 2012 Currencies EUR/USD The EUR/USD pair fell on Friday as the market continues to be driven by headlines out of Athens. The pair is gaining strength this morning as Greece’s parliament approved austerity measures to secure an international bailout. EURJPY The yen declined against the euro and other major peers after Greek Prime Minister Lucas Papademos won approval from parliament for austerity measures to secure a second package of aid. The yen declined 0.4 percent to 102.87 per euro as of 6:39 a.m. in London from last week in New York. Commodities Oil advanced from a three-day low after Greece’s parliament approved austerity measures to secure an international bailout, easing concern that Europe’s debt crisis will worsen and curb demand for commodities. Oil for March delivery climbed as much as $1.01 to $99.68 a barrel on the New York Mercantile Exchange. Gold strengthened on Monday in line with gains in shares and the euro after Greece's parliament finally approved a deeply unpopular austerity bill to secure a second bailout. Physical buying from China also helped lift gold up $US6.10 an ounce to $US1725.49 in Asian afternoon trade. http://blog.acfx.com/wp-content/uploads/tech/feb2012/13-2/highres/eurusd.jpghttp://blog.acfx.com/wp-content/uploads/tech/feb2012/13-2/highres/gold.jpg Quote Link to comment Share on other sites More sharing options...
bhinder1713006680 Posted February 14, 2012 Report Share Posted February 14, 2012 February 14th, 2012 Currencies EUR/USD The dollar gained versus all its major counterparts after Moody’s Investors Service cut ratings on European nations including Italy, Spain and Portugal, boosting demand for safer assets. The dollar rose 0.2 percent to $1.3165 per euro as of 2:24 p.m. in Tokyo USD/JPY The yen fall after the Bank of Japan said it expanded its asset-purchase fund to ensure a recovery. The yen dropped as much as 0.2 percent to 77.76 per dollar, before trading at 77.68 at 12:48 p.m. Tokyo time from 77.57 yesterday. Commodities Oil fell from the highest price in almost five weeks on speculation that U.S. crude supplies are rising and demand for fuel may falter as Europe grapples with lower credit ratings. Oil for March delivery slid as much as 54 cents to $100.37 a barrel in electronic trading on the New York Mercantile Exchange. It was at $100.62 at 1:57 p.m. Singapore time. Gold prices fell in Asian trading Tuesday as the euro lost ground against the dollar amid resurfacing investor jitters about the euro-zone debt crisis. Spot gold was trading at $1,717 a troy ounce at 0505 GMT, down $4.90 from its previous settlement. http://blog.acfx.com/wp-content/uploads/tech/feb2012/14-2/highres/eurusd.jpghttp://blog.acfx.com/wp-content/uploads/tech/feb2012/14-2/highres/usdjpy.jpg Quote Link to comment Share on other sites More sharing options...
bhinder1713006680 Posted February 15, 2012 Report Share Posted February 15, 2012 February 15th, 2012 Currencies EUR/USD The EUR/USD pair fell again on Tuesday as the markets continue to sell risk related assets. The announcement of the cancelled EU Finance Ministers meeting on Wednesday also sent a shudder through the markets as well. EUR/JPY The euro rose to its highest level in two months against the yen after the People’s Bank of China said the nation will participate in resolving Europe’s debt crisis, boosting demand for higher-yielding assets. The 17-nation euro rose 0.4 percent to 103.41 yen at 6:31 a.m. in London and earlier touched 103.48, the most since Dec. 12. Commodities Oil rose after China pledged to help resolve Europe’s debt crisis, easing concern that economic growth will slow and curb fuel demand. Brent crude may advance to $120 a barrel, according to Goldman Sachs Group Inc. Oil for March delivery rose as much as $1.02 to $101.76 a barrel in electronic trading on the New York Mercantile Exchange and was at $101.62 at 3:05 p.m. Gold edged higher on Wednesday but remained in a tight range around $1,720 an ounce, with investors on the sidelines because Greece has yet to convince European leaders of its ability to stick to unpopular reforms needed to secure a bailout. Spot gold edged up 0.3 percent to $1,724.04 an ounce by 0317 GMT. U.S. gold gained 0.5 percent to$1,726.30 http://blog.acfx.com/wp-content/uploads/tech/feb2012/15-2/highres/eurusd.jpg http://blog.acfx.com/wp-content/uploads/tech/feb2012/15-2/highres/gbpusd.jpg Quote Link to comment Share on other sites More sharing options...
bhinder1713006680 Posted February 16, 2012 Report Share Posted February 16, 2012 February 16th, 2012 Currencies EUR/USD The EUR/USD dropped to a three-week low before German and Italian leaders meet tomorrow ahead of a finance ministers’ gathering next week to decide on a second bailout package for Greece. USD/CAD The Canadian dollar fell for the first day this week versus its U.S. counterpart as bets that an aid package for Greece may be delayed until after it holds elections this year damped appetite for riskier assets. U.K. consumer confidence rose in January to the highest in five months on signs of strength in the economy. Commodities Commodities fell from a six-month high, paced by declines in copper and crude, after European leaders delayed a decision on Greece’s bailout, boosting the dollar and eroding demand for raw materials. Oil for March delivery was at $101.45 per barrel, down 0.3 percent on the New York Mercantile Exchange after ending yesterday at the highest close since Jan. 10. Prices have been supported by reports that Iran halted shipments to Europe.. Gold declined after European leaders delayed a decision on Greece' s bailout, boosting the dollar and eroding demand for the metal as an alternative investment Spot gold fell as much as 0.6 percent to $1,717.95 an ounce and traded at 1,718.43 $ . Prices have gained 9.9 percent this year . http://blog.acfx.com/wp-content/uploads/tech/feb2012/16-2/highres/eurusd.jpg http://blog.acfx.com/wp-content/uploads/tech/feb2012/16-2/highres/usdjpy.jpg Quote Link to comment Share on other sites More sharing options...
bhinder1713006680 Posted February 17, 2012 Report Share Posted February 17, 2012 February 17th, 2012 Currencies EUR/USD The euro may fall toward its lowest level in more than two years against the dollar after dropping below a key support level, Bank of America Corp. said, citing trading patterns. The euro traded at $1.3134 as of 9:42 a.m. in Tokyo from $1.3130 in New York yesterday, when it fell to as low as $1.2974, the weakest since Jan. 25. USD/JPY The yen dropped against all its major peers, reaching the weakest in more than three months against the dollar, as gains in Asian stocks and signs of growth in the U.S. economy damped demand for haven assets. Japan’s currency slid 0.2 percent to 79.07 yen per dollar as of 2:21 p.m. in Tokyo.. Commodities Oil traded near the highest price in six weeks as signs of an improving U.S. economy and progress on a bailout for Greece bolstered the outlook for fuel demand. Crude for March delivery was at $102.46 a barrel, up 15 cents, on the New York Mercantile Exchange at 12:55 p.m. Singapore time. Prices yesterday rose 51 cents, or 0.5 percent, to $102.31, the highest close since Jan. 4. Gold headed for the first weekly advance this month as optimism that Greece may receive a second bailout and avert default hurt the dollar, boosting demand for the precious metal as an alternative asset. Spot gold gained 0.2 percent to $1,731.57 an ounce at 12:04 p.m. in Singapore, and is set to advance 0.6 percent this week. Quote Link to comment Share on other sites More sharing options...
bhinder1713006680 Posted February 20, 2012 Report Share Posted February 20, 2012 February 20th, 2012 Currencies EUR/USD rose during the session on Friday as the market tried to rally on all things risky. However, there is a massively important meeting in Europe Today that will decide whether or not the Greeks get their bailout. The 1.30 level below extends support down to the 1.29 mark, and that will have to be overcome for any down move to pick up a momentum. USD/JPY The yen and dollar dropped against most major peers as Asian shares climbed on Chinese measures to sustain economic growth, curbing demand for refuge assets. The yen fell 0.5 percent to 105.09 per euro at 6:47 a.m. in London after touching 105.75, the weakest since Nov. 14. Commodities Oil rose to a nine-month high in New York after Iran said it halted some crude exports and investors bet that fuel demand will increase as Europe moves closer to bailing out Greece. Crude for March delivery rose as much as $1.97 to $105.21 a barrel in electronic trading on the New York Mercantile Exchange, the highest intraday price since May 5. The optimism on a deal later in the day between Greece and euro zone on the second bailout for Greece sent equities and the euro up, helping support gold Spot gold rose 0.6 percent to $1,733.96 an ounce by 0406 GMT, on course for its biggest daily rise in two weeks. http://blog.acfx.com/wp-content/uploads/tech/feb2012/20-2/highres/eurusd.jpg http://blog.acfx.com/wp-content/uploads/tech/feb2012/20-2/highres/gbpusd.jpg Quote Link to comment Share on other sites More sharing options...
bhinder1713006680 Posted February 21, 2012 Report Share Posted February 21, 2012 February 21th, 2012 Currencies EUR/USD The 17-nation euro advanced to the strongest level in more than a week versus the U.S. currency as Luxembourg’s Jean-Claude Juncker told reporters the deal includes a 53.5 percent writedown for investors in Greek bonds. Europe’s common currency rose 0.1 percent to $1.3254 and earlier reached $1.3293, the strongest level since Feb. 9. EUR/JPY The Canadian dollar fell for the first day this week versus its U.S. counterpart as bets that an aid package for Greece may be delayed until after it holds elections this year damped appetite for riskier assets. The euro touched 105.97 yen, the most since Nov. 14, before trading 0.2 percent higher at 105.62 yen as of 1:39 p.m. in Tokyo. Commodities Oil traded near the highest price in nine months after euro-area finance ministers agreed on a second bailout for Greece, improving prospects for fuel demand. Oil futures for March delivery, which expire today, advanced as much as $2.20 to $105.44, the highest intraday price since May 5 on the New York Mercantile Exchange. Spot gold rose to its highest in a week and half on Tuesday as the dollar weakened after euro zone policymakers sealed a deal for a second bailout for Greece. Spot gold inched up 0.4 percent to $1,740.35 an ounce by 0624 GMT, after touching a one-week high of $1,740.49. Quote Link to comment Share on other sites More sharing options...
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bhinder1713006680 Posted February 24, 2012 Report Share Posted February 24, 2012 Join free Demo Trading Contest, and win 10,000 USD Dont be late . Registration : Open now http://www.forexcompetitions.com/Account/Register Quote Link to comment Share on other sites More sharing options...
bhinder1713006680 Posted February 28, 2012 Report Share Posted February 28, 2012 February 28th, 2012 Currencies EUR/USD The EUR/USD rose 0.3 percent to $1.3431. ECB is preparing to issue a second round of unlimited three-year loans to help shore up the region’s banks. U.S. economic data may show orders for durable goods fell in January, while consumer confidence improved this month USD/CAD After climbing to 1.0049 the USD/CAD dropped down to 0.9991, as the dollar rose on most major rivals as the euro fell prey to apparent profit-taking in quiet trading Monday, after the Group of 20 nations refused to boost funding for the International Monetary Fund until the euro zone boosts the size of its own firewall. Pending home sales climbed 2% in January to the highest level since April 2010, when buyers were taking advantage of a now-expired tax credit. The pending-home-sales index rose to 97.0 from a downwardly revised 95.1 reading in December. Commodities Commodities fell a second day on concern Prices coming to near a 9-month high that may bend demands. Oil dropped for a second day in New York on speculation rising U.S. stockpiles signal easing fuel demand as crude trades near the highest price in nine months. Oil for April delivery fell as much 72 cents to $107.84 a barrel in electronic trading on NYMEX and was at $108.44 a barrel at 3:06 p.m. Singapore time. The contract yesterday slid 1.1 percent to $108.56, snapping the longest winning streak since January 2010. Prices rose 6.3 percent last week to the highest since May 3 and are up 12 percent in the past year. Gold rose about 3% previous week, outcome of Greece’s bailout deal and expectations of biggest momentary easing. Spot gold edged up 0.3% to USD 1,771.96 an ounce by 0643 GMT, off a three-month high of $1,787.11 hit last week. Quote Link to comment Share on other sites More sharing options...
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