The extreme market fear seems to have receded and the other currencies have gaind over the past month versus the Usd. Also analysis of moving correlations seems to suggest that some currencies (such as the Pound0 seem to hold their value despite any daily downturn in the equity / risk markets. This is the prediction for 14th July 2010.
Forecast confidence level = 80 percent.
| Currency | current_value | minimum | maximum |
|---|---|---|---|
| Usd/Aud | 1.1328 | 1.1079 | 1.1617 |
| Usd/Chf | 1.0545 | 1.0036 | 1.0988 |
| Usd/Inr | 46.6800 | 45.4333 | 47.7152 |
| Usd/Cny | 6.7770 | 6.5807 | 6.9477 |
| Usd/Jpy | 88.3750 | 82.1254 | 92.8253 |
| Usd/Brl | 1.7598 | 1.6897 | 1.8287 |
| Usd/Gbp | 0.6552 | 0.6462 | 0.6697 |
| Usd/Nzd | 1.3833 | 1.3524 | 1.4276 |
| Usd/Cad | 1.0317 | 1.0122 | 1.0461 |
| Usd/Zar | 7.5314 | 7.2608 | 7.7512 |
| Usd/Eur | 0.7838 | 0.7733 | 0.7960 |
edited by,
Azhar
1 comment:
wow...very good analysis...keep it up guys..cheers
Post a Comment