Date

17/09/2013

Forex Daily Report

EURUSD Sep'13

Fundamentals
Hilsenrath says Fed is exploring ways to justify low
rates far into future
- updated forecasts for 2016 will complicate Fed
projections
- forecasts could show economy at full employment by
2016
US Officials says Yellen now front-runner for Fed
chair nomination; search is not starting over after
Summers withdrawal
RBA minutes says it retains open to the option of
reducing interest rates and a further drop in the
currency would aid the economy as resource
investment slows
Obama warns Republicans that he will not negotiate
over an extension of the U.S. debt ceiling. Republicans
wants to attach conditions to funding the budget for
the 2014 fiscal year

EURUSD Dec'12

GBPUSD Dec'12

CADUSD Dec'12

AUDUSD Dec'12

EURCHF Dec'12

Slightly Bearish

Bearish

Range Bound

Bearish

Range Bound

Game Changers
Indicator

Expe

Prev

GB CPI yy

2.7

2.8

1.3356

1.3387

1.5873

1.5900/17

0.9646

0.9680

0.9213/24

0.9255

1.2356

1.2384

DE ZEW current conditions

20.8

1.3341

1.3400

1.5832/41

1.5962

0.9633

0.9700

0.9179

0.9280

1.2330

1.2400

CA Manufacturing sales mm

1.0

1.3325

1.3420

1.5815

1.5986

0.9604

0.9725

0.9148

0.9316

1.2304

1.2421

US CPI yy, nsa

1.6

1.3300

1.3454

1.5800

1.3003

0.9567

0.9749

0.9110

0.9354

1.2274

1.2453

ECB Speaker: Nowotny, Liikanen, Praet

1.3280

1.3487

1.5784

1.6026

0.9524

0.9783

0.9084

0.9374

1.2243

1.2470

RBA Release: Policy Meeting Mins

Copyright 2013 Futures First. All Rights Reserved.

18.3
-

1
2.0

Date

Market
EUR/ USD
CAD/ USD
AUD/ USD
GBP/ USD
EUR/ CHF
US 10YR
GR Bunds
ITL 10YR
SP 10YR
GOLD
COPPER
Brent
WTI
S&P 500
DAX
Euro Stoxx

Pr Close

1.3337
0.9689
0.9253
1.5887
1.2364
125.06
138.5
99.76
99.72
1317.9
3.22
110.07
106.590
1698
8612
2894.0

Ystrday's Chng

6 pips
-13 pips
-98 pips
72 pips
-10 pips
-64
70 c
4 bps
1 bps
-15 $
-1 $
-118
-56
3$
36
14

Ystrday's Range

68 pips
41 pips
134 pips
108 pips
29 pips
83
99 c
5 bps
5 bps
18 $
2$
276
192
6$
66
25

Avg Daily Range

84 pips
52 pips
97 pips
92 pips
46 pips
71
72 c
7 bps
7 bps
21 $
5$
192
198
16 $
102
39

Weekly Chng

-2 pips
-18 pips
4 pips
2 pips
15 pips
-44
2c
-8 bps
-4 bps
-11 $
-1 $
-160
-140
-9 $
-3
-12

Weekly Range

217 pips
151 pips
263 pips
274 pips
124 pips
156
167 c
41521 bps
24 bps
65 $
14 $
481
513
42 $
297
101

17/09/2013

Max Correl 5 min Max Corrl Prdct

64.27%
US 10YR
94.97%
Euro Stoxx
91.64%
S&P500
87.17%
GR 10YR
96.94%
S&P500
93.49%
GR 10YR
93.49%
US 10YR
77.02%
CAD/ USD
-52.95%
Euro Stoxx
-90.57%
EUR/ CHF
80.36%
GOLD
-89.80%
DAX
68.71%
Brent
98.20%
Euro Stoxx
98.61%
Euro Stoxx
98.61%
DAX

20 DAY 5 Min Correlation

5 Day 2 Min Correlation

Intra day
EUR/
CAD/ AUD/ GBP/
Correlation USD
USD
USD
USD
EUR/ USD
58%
29%
39%
CAD/ USD
82%
90%
-36%
AUD/ USD
93%
83%
-66%
GBP/ USD
91%
78%
88%
EUR/ CHF
90%
67%
88%
91%
US 10YR
94%
80%
91%
95%
GR Bunds
82%
68%
88%
90%
ITL 10YR
-99%
-87% -100% -85%
SP 10YR
-49%
-22%
-41%
-32%
GOLD
-5%
19%
-21%
-6%
COPPER
50%
39%
31%
37%
Brent
-59%
-47%
-65%
-56%
WTI
-59%
-36%
-64%
-54%
S&P 500
85%
63%
91%
83%
DAX
93%
87%
97%
92%
Euro Stoxx
90%
77%
92%
88%
Copyright 2013 Futures First. All Rights Reserved.

EUR/
CHF
57%
93%
91%
-39%
93%
96%
-46%
-36%
-29%
35%
-59%
-66%
87%
95%
93%

US
10YR
64%
-5%
-33%
81%
1%
92%
-94%
-39%
-2%
46%
-66%
-63%
93%
95%
93%

GR
Bunds

39%
-29%
-54%
87%
-24%
93%
-51%
-32%
-24%
31%
-59%
-70%
84%
93%
91%

ITL 10YR SP 10YR

24%
77%
76%
-52%
68%
-51%
-62%
37%
-4%
-52%
57%
63%
-69%
-92%
-90%

-28%
-27%
-28%
19%
-44%
-23%
-17%
15%
24%
-32%
22%
46%
-60%
-31%
-37%

GOLD

COPPER

Brent

WTI

S&P 500

DAX

-39%
-82%
-79%
39%
-91%
6%
25%
-59%
36%

-16%
-53%
-55%
27%
-64%
5%
17%
-53%
10%
80%

-47%
-72%
-70%
42%
-78%
-3%
24%
-37%
41%
75%
49%

-1%
-5%
-20%
30%
-29%
-4%
6%
13%
31%
39%
34%
69%

55%
94%
92%
-51%
97%
-13%
-31%
69%
-47%
-90%
-52%
-84%
-43%

55%
92%
84%
-39%
95%
-1%
-24%
56%
-48%
-90%
-55%
-90%
-38%
97%

56%
16%
37%
-33%
-33%
-32%

-38%
-27%
79%
38%
39%

93%
-88%
-73%
-71%

-81%
-75%
-75%

98%
96%

94%

Euro
Stoxx

63%
95%
89%
-38%
96%
6%
-18%
57%
-53%
-89%
-56%
-87%
-42%
98%
99%

Date

GBPUSD Sep'13

Copyright 2013 Futures First. All Rights Reserved.

17/09/2013