Market Outlook From Tradingforex

#1
Market Outlook 10/29/2012
Currencies
USD/JPY The yen fetched 79.68 per U.S. dollar as of 3:04 p.m. in Tokyo after rising 0.8 percent to 79.65 on Oct. 26, the largest gain since Aug. 22. It was at 102.99 per euro following a 0.2 percent advance last week to 103.05. Europes shared currency lost 0.1 percent to $1.2926.
AUD/USD The Australian dollar dropped 0.2 percent to $1.0354 as of 4:19 p.m. in Sydney from the close on Oct. 26. It bought 82.46 yen from 82.62. The New Zealand dollar, nicknamed the kiwi, slid 0.2 percent to 82.09 U.S. cents. The currency weakened 0.2 percent to 65.40 yen.
Commodities
Gold for immediate delivery climbed as much as 0.3 percent to $1,716.05 an ounce and was at $1,715.26 at 1:54 p.m. in Singapore. Bullion for December delivery rose as much as 0.3 percent to $1,716.70 an ounce on the Comex, and was at $1,715.90. The U.S. securities industry canceled all stock trading as Hurricane Sandy headed toward New York City.
Crude oil for December delivery gained 23 cents, or 0.3 percent, to settle at $86.28 a barrel on the New York Mercantile Exchange. Prices fell 4.8 percent this week and are down 13 percent this year.
 
#2
Market Outlook 10/30/2012
Currencies
USD/JPY The Japanese currency reached 79.28 per dollar, the strongest since Oct. 22, before trading at 79.43 as of 6:13 a.m. in London, 0.5 percent higher than yesterdays close.
AUD/USD Australias dollar traded at $1.0334 at 2:53 p.m. in Sydney from $1.0332 yesterday, when it fell 0.4 percent. It was little changed at 82.49 yen . Australian bonds gained for a third day, pushing the yield on 10-year debt down by seven basis points, or 0.07 percentage point, to 3.12 percent.
USD/CAD The loonie, as the currency is known for the image of the aquatic bird on the C$1 coin, weakened 0.4 percent to C$1.0010 per U.S. dollar at 5 p.m. in Toronto. It hasnt lost for five consecutive days since May. The Canadian dollar last closed weaker than parity on Aug. 6. One Canadian dollar buys $0.9990.
Commodities
Brent oil for December settlement on the London-based ICE Futures Europe exchange dropped as much as 69 cents, or 0.6 percent, to $108.75 a barrel. The European benchmark crude was at a premium of $23.75 to the WTI contract. The spread increased for a sixth day yesterday to $23.90, near the widest in more than a year.
GOLD The rise in gold prices in recent years added to the metals popularity. Spot gold, which traded at $1,711.38 an ounce on Oct. 29, has climbed 9 percent this year, heading for a 12th consecutive annual gain, as investors bought bullion to protect against inflation.
 
#3
Market Outlook 10/31/2012
Currencies USD/JPY The dollar bought 79.62 yen as of 1:53 p.m. in Tokyo after falling 0.2 percent yesterday. It fetched $1.2957 per euro following a 0.4 percent decline in New York, the biggest drop since Oct. 17. Europes shared currency was little changed at 103.17 yen after rising 0.2 percent yesterday. The dollar has strengthened 2.1 percent against its Japanese counterpart this month. It has declined 0.8 percent versus the euro since Sept. 30.
USD/CAD The loonie, as the currency is nicknamed for the waterfowl on the C$1 coin, rose 0.2 percent to 99.92 per U.S. dollar cents at 5 p.m. in Toronto. It closed weaker than that level yesterday for the first time since Aug. 6. The currency is down 1.6 percent this month. One Canadian dollar buys $1.0008. The Stoxx Europe 600 Index (SXXP)advanced 0.9 percent while crude oil, Canadas largest export, rose 0.2 percent to $85.69 per barrel in New York.
GBP/USD The pound gained 0.3 percent to $1.6081 at 4:19 p.m. London time after falling to $1.5914 on Oct. 23, the lowest level since Sept. 6. Sterling weakened 0.2 percent to 80.66 pence per euro.

Commodities Crude Oil for December delivery rose as much as 34 cents to $86.02 a barrel in electronic trading on the New York Mercantile Exchange at 2:22 p.m. Singapore time. Prices gained 14 cents yesterday to $85.68, the highest close since Oct. 26. Futures are down 6.7 percent in October and 13 percent this year.
Brent oil for December settlement rose 7 cents to $109.15 a barrel on the London-based ICE Futures Europe exchange. The European benchmark crudes premium to the West Texas Intermediate contract was at $23.18, down from $23.40 yesterday.
Gold for immediate delivery rose as much as 0.2 percent to $1,712.80 an ounce and was at $1,711.52 at 1:24 p.m. in Singapore. Prices are down 3.4 percent this month after climbing 4.7 percent in September as central banks from Europe to China to the U.S. pledged to do more to stimulate their economies.
 
#4
Market Outlook 11/01/2012
Currencies USD/CAD Canadas currency little changed at 99.94 cents per U.S. dollar at 5 p.m. in Toronto after reaching C$1.0014 earlier. It touched C$1.0019 yesterday, the weakest since Aug. 6. One Canadian dollar purchases $1.0006.

GBP/USD The pound rose 0.3 percent to $1.6113 at 4:22 p.m. London time after appreciating 0.3 percent yesterday, gaining 0.2 percent to 80.45 pence after dropping 0.5 percent over the previous three days. Barclays predicts that sterling will strengthen to $1.65 by year-end

USD/JPY The Japanese currency slid 0.3 percent to 80 per dollar. The 17- nation euro was little changed at $1.2964. The BOJ increased its asset-purchase program on Oct. 30 by 11 trillion yen ($137 billion) to 66 trillion yen to bolster growth through lower borrowing costs.

Commodities Crude for December delivery was at $86.41 a barrel in electronic trading on the New York Mercantile Exchange, up 17 cents, at 2:46 p.m. Singapore time. Prices gained 56 cents yesterday to $86.24, the highest close since Oct. 26. Futures are down 13 percent this year.

Brent oil for December settlement on the London-based ICE Futures Europe exchange was at $108.72 a barrel, up 2 cents. The contract earlier dropped as much as 0.5 percent and has fallen the past three days. The European benchmark crude was at a $22.31 premium to WTI, from $22.46 yesterday

Metal for delivery in three months gained as much as 0.3 percent to $7,785 a metric ton on the London Metal Exchange and was at $7,783 at 11:41 a.m. in Tokyo. The contract fell 5.4 percent last month, the most since May. December futures rose 0.3 percent to $3.529 a pound on the Comex in New York. February futures retreated 0.2 percent to 56,750 yuan ($8,998) a ton on the Shanghai Futures Exchange.
 
#5
Market Outlook 12 NOV 2012
Currencies AUD/USD The Aussie dollar rose 0.3 percent from last week to $1.0418 as of 4:47 p.m. in Sydney and strengthened 0.3 percent to 82.82 yen. It touched $1.0480 on Nov. 7, the highest since Sept. 21. New Zealands currency gained 0.3 percent to 81.60 U.S. cents and added 0.2 percent to 64.86 yen.

JPY/EUR The yen slid 0.1 percent to 101.18 per euro as of 6:03 a.m. in London from 101.05 at the close on Nov. 9, following a 1.9 percent gain over the previous three sessions. The euro added 0.1 percent to $1.2731, after touching $1.2690 last week, the lowest since Sept. 7.

Commodities Crude oil for December delivery increased 98 cents to settle at $86.07 a barrel on the New York Mercantile Exchange. Prices, which climbed 1.4 percent this week, are down 13 percent this year.

Brent oil for December settlement advanced $2.15, or 2 percent, to end the session at $109.40 a barrel on the London- based ICE Futures Europe Exchange.

Gold futures for December delivery rose 0.3 percent to $1,730.90 an ounce at 1:33 p.m. on the Comex in New York. Earlier, the price reached $1,739.40, the highest for a most- active contract since Oct. 19.This week, the metal has climbed 3.3 percent, the most since Jan. 27. Gold dropped in the previous four weeks, the longest slump since September 2011.
 
#6
Market Outlook 14 NOV 2012

Currencies EUR/JPY The yen fell 0.4 percent to 101.23 per euro as of 6:12 a.m. in London. The euro rose 0.1 percent to $1.2718, after yesterday touching $1.2662, the weakest level since Sept. 7. The MSCI Asia Pacific Index added 0.2 percent, poised for its first advance in a week.

EUR/GBP The pound was little changed at 80.05 pence per euro at 4:58 p.m. London time after appreciating as much as 0.4 percent to 79.70 pence. The U.K. currency reached 79.61 pence on Nov. 8, the strongest level since Oct. 1. The pound has gained 1.2 percent this year . The euro weakened 3.3 percent and the dollar dropped 1.2 percent.

AUD/NZD Australias dollar touched NZ$1.2799, the highest level since Sept. 10, before trading at NZ$1.2788 as of 4:48 p.m. in Sydney, unchanged from yesterday. It rose to $1.0455, the strongest since Nov. 7, before trading at $1.0448, 0.1 percent higher. The Aussie advanced 0.3 percent to 83.08 yen. New Zealands currency added 0.1 percent to 81.70 U.S. cents and climbed 0.3 percent to 64.97 yen.

EUR/USD The euro was little changed at $1.2704 at 5 p.m. New York time after touching $1.2662 earlier, the weakest level since Sept. 7. Its 100-day moving average is $1.2644, and the 200-day average is $1.2815.
 
#7
Market Outlook 16 NOV 2012

GBP/EUR The pound depreciated 0.2 percent to 80.59 pence per euro at 4:41 p.m. London time after sliding to 80.65, the weakest since Oct. 31. The U.K. currency rose 0.2 percent to $1.5864. It earlier declined to $1.5829, the lowest since Sept. 5.

AUD/USD Australias dollar was unchanged at $1.0332 as of 3:54 p.m. in Sydney from yesterday, when it touched $1.0307, the lowest since Oct. 26. The currency was set for a 0.6 percent decline against the greenback this week, the biggest since the five days ended Oct. 5. The Aussie bought 83.76 yen after gaining 0.7 percent to 83.86 yesterday.

USD/JPY The indexs break below 81.01 is a sign the gauge will fall and a trading-day close below 80.63 confirms the trend, according to the unit of Bank of America Corp. The Dollar Index has longer-term support at about 78.41 to 78.09.
 
#8
Market Outlook 19 NOV 2012

Currencies AUD/USD Australias dollar climbed 0.3 percent to $1.0369 as of 5:35 p.m. in Sydney. It rose 0.3 percent to 84.31 yen after earlier touching 84.51, a level unseen since April 27. The New Zealand dollar traded at 81.34 U.S. cents after gaining 0.4 percent to 81.27 on Nov. 16. It fetched 66.13 yen from 66.08.

JPY/USD The yen depreciated 2.3 percent to 81.32 per dollar in New York this week, its biggest drop since February. The Japanese currency decreased 2.5 percent to 103.60 per euro, its most pronounced fall since September. The euro added 0.2 percent to $1.2743.

GBP/EUR The pound declined 0.3 percent this week to 80.15 per euro at 5 p.m. in London yesterday, after strengthening 1.7 percent during the previous three weeks. The U.K. currency fell 0.2 percent this week to $1.5866. It fell to $1.5829 on Nov. 15, the weakest level since Sept. 5.

Commodities GOLD Spot gold advanced as much as 0.6 percent to $1,723.70 an ounce and traded at $1,722.30 at 12:15 p.m. in Singapore. The metal slumped 1 percent last week as the dollar strengthened for a fourth week against a six-currency basket in the best run since June. Holdings in ETPs backed by bullion rose to 2,603.692 metric tons on Nov.

Crude OIL for January delivery rose as much as 76 cents to $87.68 a barrel in electronic trading on the New York Mercantile Exchange and was at $87.57 at 12:18 p.m. Singapore time. The contract increased $1.05 to $86.92 on Nov. 16 to cap a second weekly gain. Front-month prices are down 11 percent this year.

Brent OIL for January settlement gained 66 cents, or 0.6 percent, to $109.61 a barrel on the London-based ICE Futures Europe exchange. The European benchmark contract was at a premium of $22.05 to West Texas Intermediate.
 
#9
Market Outlook 20 NOV 2012
Currencies JPY/USD The yen climbed 0.2 percent to 81.25 per dollar as of 6:39 a.m. in London. It touched 81.59 yesterday, the weakest since April 25. The euro fell 0.4 percent to 103.91 yen and declined 0.2 percent to $1.2789.

CAD/USD The Canadian currency advanced 0.5 percent to 99.63 cents per U.S. dollar at 5 p.m. in Toronto after gaining as much as 0.6 percent, the most since Oct. 17. The currency traded below parity with the greenback last week and reached its lowest value since August. One Canadian dollar buys $1.0037.

EUR/USD The euro fell 0.3 percent to $1.2782 as of 10:03 a.m. in Tokyo from the close yesterday in New York. The $1.2450 level was last seen on Aug. 22. The currency had advanced from a low of $1.2043 on July 24 to a high of $1.3172 on Sept. 17.

AUD/USD Australias dollar was at $1.0413 at 4:41 p.m. in Sydney after climbing 0.7 percent to $1.0412 yesterday. The currencys implied three-month volatility declined to 7.62 percent, the lowest since July 2007. The Aussie dollar rose 0.2 percent to NZ$1.2717 following a three-day, 0.8 percent slide. New Zealands currency fell 0.2 percent to 81.88 U.S. cents.
 
#10
Market Outlook 21 NOV 2012
Currencies EUR/USD The euro dropped 0.4 percent to $1.2762 as of 6:35 a.m. in London from yesterday. It slipped 0.2 percent to 104.50 yen. The Japanese currency touched 81.97 per dollar, the weakest since April 6, before trading at 81.89, 0.3 percent lower than yesterdays close.

USD/JPY The dollar rose 0.4 percent to 81.72 yen at 12:21 p.m. in New York. The dollar has strengthened 3 percent against the yen in the past week while remaining within a range of 75.35 yen per dollar to 85.53 yen since the March 17, 2011, earthquake and tsunami that rocked Japan. The nations currency has fallen at least 1 percent versus all of its 16 most-traded peers since Prime Minister Yoshihiko Noda on March 15 called for elections that polls show favor the opposition party, which supports further monetary stimulus.

CAD/USD The Canadian dollar dropped less than 0.1 percent to 99.68 cents per U.S. dollar at 5 p.m. in Toronto. It touched 99.55 yesterday, the strongest since Nov. 8, as it gained as much as 0.6 percent, the most since Oct. 17. One Canadian dollar buys $1.0032.

Commodities OIL Crude for January delivery was at $86.79 a barrel, up 4 cents, in electronic trading on the New York Mercantile Exchange at 1:14 p.m. Singapore time. The contract lost $2.53 yesterday to $86.75, the biggest drop since Nov. 7. Prices are down 12 percent this year.

Brent oil for January settlement was at $109.94 a barrel, up 11 cents, on the London-based ICE Futures Europe exchange. The European benchmark crude was at a $23.15 premium to New York-traded West Texas Intermediate grade. The spread was $23.08 yesterday, the widest in three days.

Gold futures for December delivery fell 0.6 percent to settle at $1,723.60 an ounce at 1:39 p.m. on the Comex in New York, after reaching $1,736, the highest since Nov. 12. The price has gained 10 percent this year.
 

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