$0March 13^th,2012$0$0Currencies      EUR/USD The dollar's strength saw the eurohitting a one-month low on Monday. The common currency is still smarting fromfears that the European debt crisis could worsen again, despite Greece'ssuccess in debt-cutting swap deal.$0$0The eurostood at $1.3157, having recovered after hitting a one-month low of $1.3079 onMonday, helped by technical support at its Ichimoku cloud top at $1.3087 and a55-day moving average around $1.3084. But the currency's outlook remained shakygiven that the euro zone economy is slipping into recession, in contrast to abrightening picture in the United States.$0$0 $0$0USD/CAD Canada’sdollar weakened versus its U.S. counterpart on concern the global recovery isslowing after China reported its biggest trade deficit in more than twodecades, sapping demand for higher-risk assets.$0$0Canada’scurrency dropped 0.2 percent to 99.24 cents per U.S. dollar at 5 p.m. inToronto. It rose as high as 98.73 last week, the most since March 1.$0$0 $0$0Commodities  Oil reboundedfrom the lowest price in almost a week as investors bet that fuel demand mayincrease amid signs the U.S. and Chinese economies are strengthening.$0$0Oilfor April delivery rose as much as 66 cents to $107 a barrel in electronictrading on the New York Mercantile Exchange. It was at $106.95 at 12:25 p.m.Singapore time.$0$0 $0$0Gold climbed,gaining alongside equities and commodities, before a Federal Open MarketCommittee meeting and as Greece prepares to receive a second bailout.$0$0Spot gold gained as much as 0.3 percent to $1,706.05 an ounce andtraded at $1,704.20 at 1:33 p.m. Singapore time.$0$0http://blog.acfx.com/wp-content/upl...eurusd.jpg$0$0http://blog.acfx.com/wp-content/upl...gbpusd.jpg$0$0http://blog.acfx.com/wp-content/upl...usdjpy.jpg$0$0http://blog.acfx.com/wp-content/upl...3/gold.jpg$0$0 $0

$0March 14^th,2012$0$0Currencies      EUR/USD The dollar strengthenedagainst most of its major counterparts after Federal Reserve policy makersraised their assessment of the U.S. economy and refrained from additionalmonetary easing.$0$0The U.S.currency added 0.1 percent against the euro to $1.3074.$0$0 $0$0USD/JPY Theyen slid to an 11-month low versus the greenback as the yield spread between two-yeardebt in the U.S. debt and Japan to widened to the most since July, makingdollar-based assets more attractive. The yen also dropped as Asian stocksextended a global rally, damping demand for the lower-yielding currency.$0$0The dollarrose 0.3 percent to 83.17 yen as of 1:49 p.m. in Tokyo, after reaching 83.21,the strongest level since April 18.$0$0 $0$0Commodities  Oil tradednear the highest price in two days in New York as investors speculated fueldemand may increase amid signs the U.S. economy is strengthening.$0$0Crude for April delivery was at $106.83 a barrel, up 12 cents, inelectronic trading on the New York Mercantile Exchange at 12:44 p.m. Singaporetime.$0$0 $0$0Gold regained some strength on Wednesday on bargain huntingafter prices dropped about 2 percent in the previous session, but a firmer U.S.dollar is likely to cap gains after the Federal Reserve vowed to keep interestrates low until 2014.$0$0Gold added $1.21 to $1,675.96 an ounce by 0330 GMT afterfalling to a low of $1,661.99 on Tuesday, its weakest since late January. Goldrose to a record of around $1,920 in September on fears the euro debt crisiscould stall global growth.$0$0 $0$0http://blog.acfx.com/wp-content/upl...eurusd.jpg$0$0http://blog.acfx.com/wp-content/upl...gbpusd.jpg$0$0http://blog.acfx.com/wp-content/upl...usdjpy.jpg$0$0http://blog.acfx.com/wp-content/upl...3/gold.jpg$0$0 $0

$0March16^th, 2012$0$0 $0$0Equities$0$0 $0$0·Asianstocks swung between gainsand losses as U.S. jobs and manufacturing data added to signs the world’sbiggest economy is recovering. Gains were limited as Japanese exporters fellamid a rebound in the yen.$0$0 $0$0oThe MSCI Asia Pacific Indexfell 0.1 percent to 127.70 as of 2:39 p.m. in Tokyo, set to gain for 12 of thepast 13 weeks. About as many stocks rose as fell, with only three of thegauge’s 10 industry groups advancing.$0$0 $0$0·European stocks climbed for a thirdday, extending the Stoxx Europe 600 Index’s highest level since July, as U.S.jobs and manufacturing data added to optimism the recovery in the world’slargest economy is gaining momentum.$0$0 $0$0o   The Stoxx 600(SXXP)rose 0.3 percent to 270.98 at the close of trading, after swingingbetween gains and losses at least 20 times today. The gauge has surged 11percent this year amid optimism that the euro area will contain itssovereign-debt crisis and as U.S. economic data topped forecasts.$0$0 $0$0·U.S.stocks advanced, sending theStandard & Poor’s 500 Index above 1,400 for the first time in almost fouryears, as data showed manufacturing in the New York region unexpectedlyincreased and jobless claims declined.$0$0 $0$0oThe S&P 500 advanced 0.6percent to 1,402.60 at 4 p.m. New York time.$0$0oThe Dow Jones IndustrialAverage increased 58.66 points, or 0.4 percent, to 13,252.76, gaining for aseventh straight day, the longest winning streak in 13 months.$0$0 $0$0http://blog.acfx.com/$0$0 $0

March 16th, 2012

Currencies

• EUR/USD The greenback is poised for a five-day advance against the euro before U.S. data today forecast to show industrial production increased and consumer sentiment improved.

o The dollar fetched $1.3084 per euro from $1.3080 yesterday and $1.3123 on March 9.


• USD/JPY The yen headed for a weekly drop against most major peers as signs of growth in the U.S. and prospects for further stimulus by the Bank Japan of prompted investors to seek higher-yielding assets.

o The yen was little changed at 83.58 per dollar as of 2:18 p.m. in Tokyo from the close yesterday, when it touched 84.18, the weakest level since April 13. The Japanese currency has fallen 1.3 percent this week, set for a sixth-straight decline.
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March 16th, 2012

Commodities

• Oil advanced for the first time in three days in New York, trimming a weekly decline as investors bet that fuel demand will increase with an economic recovery in the U.S., the world’s biggest crude consumer.

o Crude for April delivery rose as much as 53 cents to $105.64 a barrel in electronic trading on the New York Mercantile Exchange. It was at $105.54 at 12:38 p.m. Singapore time. The contract yesterday dropped 32 cents to $105.11, the lowest since March 6. Prices are down 1.7 percent this week and 6.8 percent higher this year.

• Gold traders are the least bullish in two months after prices erased more than half of this year’s gain on speculation that a strengthening U.S. economy will dissuade the Federal Reserve from buying more debt.

o Gold fell to $1,655.04 an ounce in early trade before rebounding to $1,662.99 by 0222 GMT, up $5.26. The precious metal hit a low of $1,634.09 on Wednesday, its weakest since January 16, on fading expectations of more monetary easing in the United States.

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March 20th, 2012
Currencies

EUR/USD.
The recovery in the U.S. economy and massive liquidity injections from major central banks have combined to drive a rally in share markets since late last year.

The dollar edged up 0.1 percent against most of its major traded currencies, while the euro held steady around $1.3230, after rising as high as $1.32659 on Monday.
That meant an owner of Greek CDS would be paid 78.5 cents on the euro, which analysts said was enough to compensate for the roughly 75 percent loss investors incurred on the country's debt restructuring.
The European Central Bank's (ECB) announcement that it put its bond-buying program on hold last week also encouraged traders to cover bets against the single currency.
USD/CAD
The Canadian dollar weakened against the greenback on Tuesday, falling amid profit taking as investors viewed the greenback as increasingly oversold and snapped up the currency after it fell on lukewarm comments from a key Federal Reserve official. The pair fell during the Monday session as the oil markets gained for the day. The pair has fallen below the 0.99 support level.

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Commodities $0$0Oil $0Commodities were broadly weaker, with base and precious metals both edging down, while crude oil eased more than half a percent on an improved supply outlook as Libyan exports are returning to pre-war levels faster than expected. $0$0Oil in New York dropped for the first time in three days. U.S. inventories climbed to the highest level in six months last week as processors idled units and imports from Canada increased. $0$0Oil continued a decline that began on Monday on news that top exporter Saudi Arabia increased shipments in January and that Libyan production next month would return to levels seen before the civil war that ousted Muammar Gaddafi.$0$0Brent crude and U.S. crude both fell about 70 cents to around $125 and $107.40 a barrel respectively. $0$0Gold $0prices dipped in Asian trading Tuesday, erasing earlier gains stemming from reports that central banks have been stocking up on the metal and also on comments from a key Federal Reserve official, who said additional easing measures can't be ruled out for the U.S. economy. $0On the Comex division of the NYMEX, gold futures for April delivery traded down 0.27% at $1,662.85 a troy ounce. $0$0http://http//blog.acfx.com/technica...lysis-116/ $0$0$0$0

$0March 23th,2012$0$0Currencies   $0$0 EUR/USDrose up after Federal Reserve Chairman Mr. Bernanke said the U.S. economy isoperating below its level prior to the financial crisis, and that increasedhousehold spending is needed to sustain the expansion. $0$0Consumerspending is not recovered, it’s still quite weak relative to where it wasbefore the crisis,” Bernanke said yesterday in his speech going in the historyof the Fed that he plans to deliver at George Washington University. “In termsof debt and consumption and so on we’re still way low relative to the patternsbefore.”$0$0Purchasesof new homes in the U.S. probably rose in February to the highest level of theyear. Sales, tabulated when contracts are signed, climbed 1.3 % to a 325,000annual pace, the fastest since December 2010. That would mark the 5^thgain in six months. $0$0Existing-homepurchases eased to a 4.59 million annual rate last month from a 4.63 millionpace in January, the National Association of Realtors reported this week. Evenwith the decline, January and February sales marked the strongest start to ayear since 2007.$0$0USD/CAD Canadian Dollar hadweakened against US Dollar for the first time in 2 weeks. It declined for a 3^rdday as a report showed January retail sales grew at less than a third of therate economists predicted. U.S. equities, crude oil and copper fell as theappetite for higher-yielding assets waned.$0$0Canada’s dollar depreciated after reports on manufacturing in Europe andChina fueled concern that global growth was slowing, spurring demand for thesafest of assets$0$0http://blog.acfx.com/wp-content/upl...eurusd.jpg$0$0http://blog.acfx.com/wp-content/upl...gbpusd.jpg$0$0http://blog.acfx.com/wp-content/upl...usdjpy.jpg$0$0http://blog.acfx.com/wp-content/upl...3/gold.jpg$0