10 May 2012, Daily forex report – GFM Research Private Limited

by gfmresearch.com | May 10, 2012 6:41 am
The US Dollar has traded mixed bag wherein it has strengthened against the Common Currency and the Aussie while trading flat against the Cable and the Japanese Yen. The Dollar Index is trading range bound between 80.65...

April 09, 2012 – Forex Daily Report by GFM Research

by gfmresearch.com | April 9, 2012 10:02 am
The Dollar Index is currently range bound between 81.00 and 78.70. Major constituent of the Dollar Index basket, the Euro is trading sideways with bearish undertone, resulting in correction in most of the asset classes, especially the...

21st March, 2012 – Daily Forex Report by GFM Research

by gfmresearch.com | March 21, 2012 7:03 am
The Dollar Index fall for second consecutive day after entering historic congestion zone of 80.50-81.20. Unusual correlation is observed between the benchmark equity index of the Dow Jones Industrials and the Dollar Index during the past couple...

13th March, 2012 – Daily Forex Report by GFM Research

by gfmresearch.com | March 13, 2012 7:13 am
The Dollar Index is currently capped between 79.00 and 80.20, resulting in most of the asset classes especially the benchmark equity index of the Dow Jones Industrials trading sideways between 13050 and 12890. Today’s FOMC Rate Decision...

6th March, 2012 – Daily Forex Report by GFM Research

by gfmresearch.com | March 6, 2012 6:50 am
With most of the asset classes, especially the benchmark equity index of the Dow Jones Industrials (DJIA) trading sideways, the Dollar Index has been trading tight since yesterday. The benchmark equity index of the Dow Jones Industrials...

5th March, 2012 – Daily Forex Report by GFM Research

by gfmresearch.com | March 5, 2012 7:45 am
The Dollar Index is trading firm at 79.40 after finding support at 78.10 ranges; the short term trend is sideways between 79.80 and 78.40. The benchmark equity index of the Dow Jones Industrials is currently trading sideways...

2nd March, 2012 – Daily Forex Report by GFM Research

by gfmresearch.com | March 2, 2012 6:08 am
The Dollar Index has found support at 78.10 ranges to currently trade at 78.90 ranges; the short term trend is sideways between 79.80 and 78.40. The benchmark equity index of the Dow Jones Industrials is currently trading...

28th February, 2012 – Daily Forex Report by GFM Research

by gfmresearch.com | February 28, 2012 6:44 am
With the Dollar Index consistently trading below 78.40 mark, further fall to 77.20 may be expected on daily close below 78.10 ranges.Historic correlation between DX Vs DJIA is signifying USD bearishness in long-term. Dow consistently trading above...

27th February, 2012 – Daily Forex Report by GFM Research

by gfmresearch.com | February 27, 2012 8:28 am
US Dollar depreciated against the common currency and the Cable while appreciating against the Japanese Yen and trading flat against the Swiss Franc; the Japanese Yen is exhibiting contrary trend to other FX majors wherein it has...

24th February, 2012 – Daily Forex Report by GFM Research

by gfmresearch.com | February 24, 2012 6:14 am
Dollar Index resumes bearish trend on the event of most of the asset classes especially the benchmark equity index of the Dow Jones Industrial Average (.DJIA) appreciating.Historic correlation between DX Vs DJIA is signifying USD bearishness in...