12-Jun-13
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The Yen rose sharply versus the Euro and U.S. Dollar overnight after the Bank of Japan refrained from making additional moves to curb recent bond market volatility, raising doubts over its commitment to easy monetary policy aimed at boosting growth. The Yen's 3 percent rise against the greenback, and nearly as much against the Euro, was fuelled by an unwinding of some hefty bets against the Japanese currency after the BOJ
announced a $1.4 trillion stimulus program in early April. Loose monetary policy typically leads to a weaker currency. The Euro touched a high of $1.3317 and hovered there with a gain of 0.45 percent. The gains, which put it at its highest point since late February, came after European Central Bank executive board member Joerg Asmussen told the court that the ECB's bond‐buying scheme must be unlimited to show the ECB is serious about defending price stability but is in effect limited by its focus on shorter maturity bonds. Meanwhile, the higher‐yielding Australian dollar slid sharply to hit its lowest since September 2010 at $0.9324.
High
Low
NY Close
1 Month
USD Libor rates
0.19250
2 Years
0.5200
Gold
1387.31
1366.65
1378.99
3 Months
0.27225
3 Years
0.7540
Silver
22.01
21.45
21.61
6 Months
0.41126
5 Years
1.3310
Natgas
-
-
3.72
12 Months
0.68470
10 Years
2.4150
Nymex Crude
-
-
94.77
30 Years
3.2250
EUR/USD
Spot
USD Swap rates
Commodities
HIGH
LOW
CLOSE
GBP/USD
1.3317
1.3231
1.3314
Spot
HIGH
LOW
CLOSE
1.5653
1.5519
1.5646
Support
1.3230
1.3175
1.3100
Support
1.5585
1.5485
1.5445
Resistance
1.3320
1.3345
1.3445
Resistance
1.5700
1.5750
1.5800
USD/JPY
HIGH
LOW
CLOSE
USD/CHF
HIGH
LOW
CLOSE
Spot
99.04
95.60
96.01
Spot
0.9349
0.9222
0.9244
Support
95.00
94.45
93.70
Support
0.9225
0.9200
0.9110
Resistance
96.50
97.70
98.85
Resistance
0.9325
0.9355
0.9395
eurusd
3/13/2013 - 6/17/2013 (GMT)
1.3307
Price
USD
1.32
1.31
1.3
1.29
1.28
18
25
March 2013
01
08
15
22
April 2013
29
06
13
20
May 2013
27
For further inquiries on; FX Spot, Forwards, Options and IRS - Please call
4420 2257
For further inquiries on; Deposits, Bonds & Dual Currency Deposits - Please call
4420 2261
03
10
17
June 2013
CB Dealing Room: Raheel, Ashley, Faisal, Babu, Amal, Preeta, Tariq.
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Any opinions expressed by CB staff or its affiliates as to the commentary, market information, and future direction of prices of specific currencies reflects the views of the individual analyst, and not
necessarily represent the views of CB or its affiliates in any way. In no event shall CB or its affiliates have any liability for any losses incurred in connection with any decision made, action or inaction
taken by any part in reliance upon the information provided in this material or in any delays, inaccuracies, errors in, or omissions of information.
Key Economic Data this week:
Description
Mortgage Index
Initial Claims
Current Account
12-Jun-13
Expected
-345K
-109.7bln
Previous
638.7
346K
-110.4bln
Qatar, UAE & Oman Markets:
GMT Time
1100 hrs
1230 hrs
1230 hrs
Date
12-Jun-13
13-Jun-13
14-Jun-13
Central Bank of Oman
AED AEIBOR
Fixing
AED IRS
Mid Rate
Instrument
Rate
1W
0.15875
2Y
0.95
CD 28 Days
1M
0.57125
3Y
1.21
Repo Rate O/N
2M
0.72125
4Y
1.50
Qatar Central Bank
3M
0.91125
5Y
1.84
QAR QIBOR
Fixing
6M
1.16625
7Y
2.48
1W
0.80250%
1Y
1.35000
10Y
3.16
0.94250%
0.13%
1%
Closing Value
Previous Day
DTD % Change
1M
2M
3M
Qatar Index
9354.50
9372.87
-0.20%
6M
1.35250%
Abu Dhabi Index
3566 65
3566.65
3556 40
3556.40
0 29%
0.29%
9M
1 52875%
1.52875%
Oman Index
6657.22
6633.41
0.36%
1Y
1.69250%
STOCK INDEX
Daily Qatar, Abu Dhabi, Muscat
1.03625%
1.18250%
11/18/2012 - 6/20/2013 (DOH)
9,354.50
Price
QAR
9,354.50
Price
QAR
8,500
8,500
6,657.220
Price
6,657.220
OMR
3,566.65
Price
AED
6,000
5,500
16
03
17
Nov 12
Dec 12
02
16
Jan 13
01
18
Feb 13
04
18
Mar 13
01
16
Apr 13
01
16
May 13
03
17
Jun 13
Our partners in the region:
Contact Details UAB
Contact Details NBO
Raza Hussain
+971-6507-5622
Sachin Hanumante
+968-92827787
Fazeel Hamdoon
+971
+971-6507-5623
6507 5623
Ali Ahmed Al Lawati
+968 95223373
+968-95223373
Oula Fares
+971-6507-5636
Sanjeeb Biswas
+968-99426091
Marie Issam
+971-6507-5624
Mohd Al Balushi
+968-92923189
Dhiren Mehta
+968-93206128
Any opinions expressed by CB staff or its affiliates as to the commentary, market information, and future direction of prices of specific currencies reflects the views of the individual analyst, and not
necessarily represent the views of CB or its affiliates in any way. In no event shall CB or its affiliates have any liability for any losses incurred in connection with any decision made, action or inaction
taken by any part in reliance upon the information provided in this material or in any delays, inaccuracies, errors in, or omissions of information.