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Forex Trading and Currency Exchange Rates - Stocks and Commodities Nose Dive

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(Best Syndication News) The U.S. dollar gained against all major currencies today as stocks and commodities declined (see forex charts below). The earthquake in Japan today may be driving European markets lower.

World FX

The dollar gained 0.65 percent against the Aussie, 0.42 percent against the euro, 0.80 percent against the pound sterling (see one-day average chart below). The U.S. currency only gained 0.04 percent against the Japanese yen.

Throughout the day the dollar continued to gain against most currencies, but fell against the euro and the yen (see intraday chart below). The dollar fell 0.25% against the Japanese yen and 0.12 percent against the euro. The greenback gained 0.16 percent against the pound sterling.

The Hong Kong and U.S. dollars advanced against all other currencies today (see cross tables below). The Australian dollar fell against all major currencies. The Aussie fell 0.758 percent against the yen and 0.734 percent against the Swiss franc.

Commodities and Futures

Nearly all commodities were lower Thursday (see commodities chart below).

April gold on the COMEX fell $17.10 (-1.2%) to $1,412.50 per ounce. May silver futures fell 98 cents (-2.72%0 to $35.07 an ounce.

Light Sweet Crude for April delivery fell $1.68 (-1.61%) to $102.70 a barrel. Brent crude on the Intercontinental Exchange (ICE) fell slightly to $115.43 a barrel.

Despite the earthquake in Japan, gold and oil futures both continued to fall.

Stock Market Today

Stock markets around the world fell on Thursday (see stock chart below). The Nikkei was moving higher until the 8.9 magnitude earthquake hit on Friday. After the tumbler, shares in Japan started falling.

Japan is a major industrial nation. There are concerns that there will be heavy losses in the insurance industry.

The Nikkei 225 (DOLLAR) futures are lower on the CME. S&P500 futures are lower early Friday in the United States.

By: Tom Madison
Business Reporter

Click here for Forex Currency Exchange Rates Today

Average One Day Change:

Thursday Surveys 1 - 3 (1-day) % Change Day % Change Wk % Ch 30-Day Ch 100-Day
3/10/2011 Average 1US$ = Currency Pos=$US Gain Pos=$US Gain Pos=$US Gain Pos=$US Gain
0.9983 Average Against Aussie 0.65% 1.08% 0.81% -0.46%
0.7237 Average Against Euro € 0.42% 1.23% -0.08% -1.24%
82.7786 Average Against Yen ¥ 0.04% 0.45% 1.29% 0.33%
0.6228 Average Against Pound £ 0.80% 1.28% 0.81% 0.33%
0.9322 Average Against Franc 0.13% 0.75% -0.87% -4.46%
0.9742 Average Against Canadian 0.52% 0.16% -1.40% -3.03%
Average 1Currency = US$ Pos=$US Loss Pos=$US Loss Pos=$US Loss Pos=$US Loss
1.0017 Average Against Aussie -0.64% -1.07% -0.80% 0.46%
1.3817 Average Against Euro -0.42% -1.22% 0.08% 1.26%
0.0121 Average Against Yen -0.04% -0.44% -1.28% -0.33%
1.6057 Average Against Pound -0.79% -1.27% -0.80% -0.33%
1.0727 Average Against Franc -0.13% -0.74% 0.88% 4.67%
1.0265 Average Against Canadian -0.51% -0.16% 1.42% 3.12%

Intraday Chart:

Green = $ UP Intra-Day Trend Green = $ UP
Red = $ Down 3/10/2011 Survey 5A Survey 5B Survey 5C Red = $ Down
From Previous Time PST 2:30 PM 6:00 PM 11:55 PM Intra-Day Average
0.22% USD/JPY 83.01 82.92 82.8 -0.25% 82.910
-0.54% EUR/USD 1.3794 1.3811 1.3811 0.12% 1.381
-0.69% GBP/USD 1.6052 1.607 1.6027 -0.16% 1.605
0.43% CAD/USD 0.9747 0.9744 0.9745 -0.02% 0.975
-0.02% USD/HKD 7.7887 7.7898 7.792 0.04% 7.790
-0.48% AUD/USD 1.0004 1.0029 0.9993 -0.11% 1.001
0.00% USD/CNY 6.5731 6.5733 6.5757 0.04% 6.574

Cross Tables:

Survey 1 March 10 2011 1:50 PM
1 HKD 1 AUD 1 CAD 1 CHF 1 GBP 1 JPY 1 EUR 1 USD
USD $ 0.1284 1.0006 1.0253 1.0729 1.6057 0.0121 1.3797  
EUR € 0.0931 0.7252 0.7431 0.7777 1.1638 0.0087   0.7248
JPY ¥ 10.6469 82.9761 85.0238 88.9758 133.1548   114.4151 82.9263
GBP £ 0.08 0.6232 0.6385 0.6682   0.0075 0.8593 0.6228
CHF franc 0.1197 0.9326 0.9556   1.4965 0.0112 1.2859 0.932
CAD 0.1252 0.9759   1.0465 1.5661 0.0118 1.3457 0.9753
AUD 0.1283   1.0247 1.0723 1.6047 0.0121 1.3789 0.9994
HKD 7.7934 7.9858 8.3569 12.5064 0.0939 10.7463 7.7888

One-Day Change:

Pos Means Top Currency Gained One Day Change March 10 2011 1:50 PM
Survey 1 1 HKD 1 AUD 1 CAD 1 CHF 1 GBP 1 JPY 1 EUR 1 USD
USD 0.000% -0.960% -0.659% -0.232% -0.889% 0.000% -0.784%
EUR € 0.758% -0.179% 0.121% 0.569% -0.112% 0.000% 0.793%
JPY ¥ 0.167% -0.758% -0.455% -0.018% -0.687% -0.577% 0.206%
GBP £ 0.883% -0.064% 0.235% 0.678% 0.000% 0.117% 0.907%
CHF 0.251% -0.734% -0.438% -0.670% 0.000% -0.557% 0.226%
CAD 0.643% -0.306% 0.442% -0.229% 0.855% -0.119% 0.661%
AUD $ 0.944% 0.303% 0.742% 0.069% 0.833% 0.182% 0.970%
HKD -0.923% -0.620% -0.185% -0.851% -0.213% -0.742% 0.041%

30-Day Change:

Pos Means Top Currency Gained 30- Day Change March 10 2011 1:50 PM
Survey 1 1 HKD 1 AUD 1 CAD 1 CHF 1 GBP 1 JPY 1 EUR 1 USD
USD 0.00% -0.78% 1.32% 0.91% -0.75% -1.63% -0.07%
EUR 0.11% -0.73% 1.39% 0.99% -0.68% -2.25% 0.07%
JPY 1.66% 0.88% 3.02% 2.61% 0.91% 1.61% 1.68%
GBP 0.76% -0.02% 2.09% 1.67% -1.32% 0.69% 0.76%
CHF -0.91% -1.69% 0.40% -1.66% -2.61% -0.98% -0.91%
CAD -1.34% -2.08% -0.40% -2.05% -2.48% -1.37% -1.31%
AUD 0.79% 2.12% 1.72% 0.03% -0.82% 0.72% 0.79%
HKD -0.77% 1.34% 0.93% -0.74% -1.68% -0.05% 0.02%

Commodities / Futures:

Thursday Survey # 2 (BSNCOM2) One-Day One-Day 1 Week 30-Day 100-Day
3/10/2011 Commodity $ Change % Change % Change % Change % Change Month
115.43 Brent crude -0.51 -0.44% -0.79% 18.52% 40.00% April
71.17 Coal -0.58 -0.81% 0.35% -3.50% 14.94% April
4.1975 Copper HG -0.02 -0.36% -6.51% -3.25% 10.01% May
102.7 Crude oil (CL) -1.68 -1.61% 0.78% 19.92% 24.20% April
2.51 Ethanol ZE CBOT -0.04 -1.42% -3.20% 8.67% 13.49% April
1412.5 Gold GC -17.10 -1.20% -0.28% 7.14% 2.53% April
3.0449 Heating Oil (HO) -0.03 -0.84% -0.14% 14.68% 33.32% April
3.83 Natural gas NG -0.10 -2.54% 1.38% -11.32% 4.73% April
766.4 Palladium PA -15.25 -1.95% -5.94% -5.79% 27.40% June
1765.6 Platinum PL -36.40 -2.02% -3.68% -2.10% 3.09% April
35.07 Silver SI -0.98 -2.72% 2.15% 29.73% 43.51% May
3.0196 RB RBOB Gasoline -0.01 -0.25% -0.22% 25.13% 41.33% April
67.50 UxC Uranium U3O8 0.50 0.75% -2.17% -3.57% 37.06% March
334.84 Average All -5.55 -1.63% -2.70% 1.11% 8.64% All

World Stock Markets:

Thursday U.S. Markets 1 Day 1 Day 1 Week 30-Day 100-Day
3/10/2011 Pt Change % Change % Change % Change % Change
11,984.61 Dow Jones Industrial Average -228.48 -1.87% -2.23% 1.36% 7.65%
1,295.11 S&P 500 -24.91 -1.89% -2.69% 1.47% 9.47%
2,701.02 Nasdaq Composite Index -50.70 -1.84% -3.49% 0.53% 8.94%
Thursday World Market Indexes 1 Day 1 Day 1 Week 30-Day 100-Day
10-Mar-11 Pt Change % Change % Change % Change % Change
145.07 DJ Asian Titans 50 -2.68 -1.81% -2.09% -0.32% 6.74%
2141.28 The Global Dow -40.64 -1.86% -3.03% 0.10% 5.47%
10,434.38 Nikkei 225 Japan -155.12 -1.46% -1.43% 0.71% 10.69%
2,958.16 Shanghai China -45.01 -1.50% 1.87% 7.45% -0.57%
23,614.89 Hang Seng Hong Kong China -195.22 -0.82% 2.13% -0.01% 0.41%
2611.8 Dow Stoxx - 50 Europe -25.46 -0.97% -2.61% -1.69% 2.40%
2909.73 DJ Euro Stoxx - 50 Europe -25.38 -0.86% -1.98% -1.50% 1.25%
5,845.29 FTSE 100 England -92.01 -1.55% -2.66% -0.61% 1.81%
3,963.99 CAC 40 France -29.82 -0.75% -2.38% -0.96% 2.47%
7,063.09 DAX Germany -68.71 -0.96% -2.25% -0.56% 6.92%
4,699.70 S&P ASX 200 Australia -68.10 -1.43% -2.22% -1.57% 1.11%
18,327.98 BSE Sensex Bombay India -141.97 -0.77% -0.87% -0.37% -9.11%
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