TradeVestment : A Forex Strategy Report by Kersi Jilla of ForexMetrics.com

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A  Forex  Strategy  Report & Forex Commentaries based on Forex Metrics Currency Index, provides currency forecasts, forex predictions, trading signals, currency trends and more.

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FMCI                     CURRENCY PERFORMANCE AGAINST THE BASKET OF CURRENCIES.
Monday, January 05, 2009
Currencies FMCI FMCI Change in FMCI  Inflation Economic 
  2-Jan 5-Jan Pips % Change Deflation   Cycle  
USD 1.1839 1.1981 0.0142 1.1987% Deflation Recession
EUR 1.6606 1.6721 0.0115 0.6911% Deflation Recession
GBP 1.7333 1.7476 0.0143 0.8264% Deflation Recession
JPY 0.0021 0.0021 0.0000 -1.3425% Deflation Recession
CHF 1.1092 1.1090 0.0002 -0.0190% Deflation Stagflation
CAD 0.9701 0.9901 0.0201 2.0692% Deflation Recession
AUD 0.8297 0.8491 0.0194 2.3370% Deflation Recession
NZD 0.6842 0.6977 0.0135 1.9714% Deflation Recession
HKD 0.1435 0.1453 0.0018 1.2747% Deflation Recession
SGD 0.8264 0.8212 0.0053 -0.6371% Deflation Recession
FMCI 0.9143 0.9232 0.0089 0.9764% Deflation Recession
Net Change 0.0089 0.9764%            
                 
                 
“Forex Metrics Currency Index”     A Global Economic Barometer - By forexmetrics.com
FOREX METRICS CURRENCY INDEX       &      CONTINUOUS MOVING AVERAGE   (C.M.A.)               
Currencies C.M.A FMCI Change in FMCI  Economic  Net Growth
OP. Rates Current 5-Jan Pips % Change Growth   Growth
USD 1.3373 1.1981 0.1393 -10.4145% Negative N.N.G.  
EUR 1.9691 1.6721 0.2970 -15.0851% Negative N.N.G.  
GBP 2.5453 1.7476 0.7978 -31.3417% Negative N.N.G.  
JPY 0.0018 0.0021 0.0003 14.9519% Negative N.P.G.  
CHF 1.2251 1.1090 0.1162 -9.4816% Negative N.N.G.  
CAD 1.2851 0.9901 0.2949 -22.9506% Negative N.N.G.  
AUD 1.1524 0.8491 0.3033 -26.3176% Negative N.N.G.  
NZD 0.9677 0.6977 0.2700 -27.9011% Negative N.N.G.  
HKD 0.1623 0.1453 0.0170 -10.4847% Negative N.N.G.  
SGD 0.9411 0.8212 0.1200 -12.7468% Negative N.N.G.  
FMCI 1.1587 0.9232 0.2355 -20.3261% Negative N.N.G.  
No.of Gainers 1          
No. of Losers 9              
N.P.G. Net Positive Growth
M.N.P.G. Marginally Net Positive Growth
N.N.G. Net Negative Growth
M.N.N.G. Marginally Net Negative Growth

Commodities: Rate Trend Bias Volatility
OIL   Closing : $46.34 Range Neutral Medium
Gold Closing : $879.60 Range Neutral Medium      
USD INDEX  81.5030 Range Neutral Medium  
                 
                 
Relative Strength & Trend of Individual Currency against the Baskets of Currencies.
Relative Strength of Currency is based on the Combination of Interest Rate Probability
and Forex Metrics Currency Index.
Major  Economies  Interest  Rate  &  Probability   of   Interest   Rate   Change:
Current  Global   Interest  Rates Probability  % RATE Strength   Trend
USA:     0.25% 96.00% 0.00% Neutral   Upward
E.U.:      2.50% 56.00% -0.25% Neutral   Upward
U.K.:   2.00% 95.00% -0.50% Bearish   Downward
JPY:   0.10% 98.00% 0.00% Neutral   Upward
SWISS:   0.50% 90.00% 0.00% Neutral   Upward
CAD:   1.50% 78.00% -0.50% Bearish   Downward
AUD:   4.25% 92.00% -1.00% Bearish   Downward
NZD:   5.00% 91.00% -1.25% Bearish   Downward
Global Average - 2.01% 87.00% -0.44%      
Interest Rate        (GAIR) 2.01%            
Bullish Currency to gain Strength as Interest Rate expected to Increase
Neutral Currency to Stabilize as Interest Rate is not expected to change
Bearish Currency to be weak as Interest Rate expected to fall

Good Luck              
                 
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