Results for mark
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  • The rally in U.S. equities and the improvement in risk appetite drove the U.S. dollar lower against all higher yielding currencies. Thanks to some extra efforts by the G20 and relaxation of mark to market accounting by the Financial Accounting Standards Board (FASB), investors have become more optimistic. However a big event risk lies ahead for the U.S. dollar and it remains to be seen whether the positive sentiment following the G20 and FASB can be sustained. The non-farm payrolls report is traditionally one of the most market moving pieces of data for the foreign exchange market and with the strong possibility of another sharp decline in jobs, it is too early to completely buy into the recovery story (How Could the Dollar React to Non-Farm Payrolls?).

TRADE RECOMMENDATIONS

  • Trades to Watch
  • Trades in Progress
currency recommendation
GBP/JPY
Medium term



Sell Sell at 139.2700
Stop at 140.39
Target at 137.58
GBP/JPY
Short term



Sell Sell at 139.1200
Stop at 139.82
Target at 137.51
GBP/USD
Medium term



Sell Sell at 1.5284
Stop at 1.5372
Target at 1.5151
There are currently no trades in progress.

QUOTEBOARD

  • Key Quotes
  • Currencies
  • Markets
  •  
  • current
  • high
  • low
 
  • EUR/USD
  • down
  • 1.3767
  • 1.3783
  • 1.3656
EUR/USD
5 min chart
  • GBP/USD
  • down
  • 1.5246
  • 1.5258
  • 1.4976
GBP/USD
5 min chart
  • USD/JPY
  • down
  • 90.26
  • 90.72
  • 89.98
USD/JPY
5 min chart
  • OIL
  • up
  • 81.79
  • 82.01
  • 79.30
CLJ0
5 min chart
  • GOLD
  • down
  • 1127.8
  • 1128.7
  • 1108.0
.GOLD
5 min chart
  • US Stocks
  • up
  • 10685
  • 10692
  • 10621
.US30
5 min chart
  • UK Stocks
  • down
  • 5628.6
  • 5638.3
  • 5597.5
.UK100
5 min chart
  • DEM Stocks
  • down
  • 5975.3
  • 5990.0
  • 5928.8
.DE30
5 min chart
  • JP Stocks
  • down
  • 10784
  • 10804
  • 10707
.JP225
5 min chart
  •  
  • current
  • high
  • low
 
  • EUR/USD
  • down
  • 1.3767
  • 1.3783
  • 1.3656
5 min chart
  • GBP/USD
  • down
  • 1.5246
  • 1.5258
  • 1.4976
  • USD/JPY
  • down
  • 90.26
  • 90.72
  • 89.98
  • USD/CHF
  • up
  • 1.0547
  • 1.0625
  • 1.0532
  • USD/CAD
  • up
  • 1.0139
  • 1.0202
  • 1.0133
  • AUD/USD
  • down
  • 0.9184
  • 0.9191
  • 0.9118
  • NZD/USD
  • down
  • 0.7093
  • 0.7103
  • 0.7024
  • USD/MXN
  • down
  • 12.5295
  • 12.5516
  • 12.5090
  • EUR/JPY
  • up
  • 124.28
  • 124.61
  • 123.23
  • GBP/JPY
  • up
  • 137.62
  • 137.84
  • 135.16
  •  
  • current
  • high
  • low
 
  • OIL
  • up
  • 81.79
  • 82.01
  • 79.30
5 min chart
  • GOLD
  • down
  • 1127.8
  • 1128.7
  • 1108.0
5 min chart
  • SILVER
  • up
  • 17.435
  • 17.47
  • 17.142
5 min chart
  • US500
  • up
  • 1159.4
  • 1160.1
  • 1148.9
5 min chart
  • UK Stocks
  • down
  • 5628.6
  • 5638.3
  • 5597.5
5 min chart
  • DEM Stocks
  • down
  • 5975.3
  • 5990.0
  • 5928.8
5 min chart
  • JP Stocks
  • down
  • 10784
  • 10804
  • 10707
5 min chart
  • AU Stocks
  • down
  • 4834.5
  • 4835.5
  • 4780.0
5 min chart
Data source: GFT

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