FX Update: May 14, 2013

Forex News and Daily High/Low, Forex Automated Trading, Currency Trend Meter, Forex Trade of the Day, Forex Mentoring and More. EUR/USD Trend Meter: View More Signals Anywhere We watch the market 24 hours a day and alert you when it's time to trade. Check Coverage Complimentary Forex Automated Signals Subscribe to a Lite or Enhanced monthly subscription, & receive our automated Trade Copier at no charge! View results of our automated strategies. Click on the red button below to sign up. May 14, 2013 GBP/USD EUR/USD EUR/JPY USD/JPY AUD/USD USD/CAD Resistance (High) 1.5332 1.3030 132.79 102.41 1.0005 1.0180 Support (Low) 1.5219 1.2929 131.51 101.24 0.9875 1.0088 Forex News Canada Dollar Falls to 2-Week Low on Bets Growth Can't Meet U.S. May 14, 2013 (Bloomberg) -- The Canadian dollar dropped to the lowest point in two weeks versus its U.S. peer as traders speculated a rally that saw the currency strengthen to within a cent of parity moved too far, too fast. The currency fell for the fourth day versus its U.S. peer, its longest streak since February, as crude oil, Canada's largest export, also declined for a fourth day. With economic growth forecast at 2 percent this year, the U.S. is set to outpace Canada's 1.6 percent growth rate, according to the median estimates of Bloomberg surveys. The Canadian dollar's rally in the last two months brought it to C$1.0014 per U.S. dollar on May 9, its closest to parity since Feb. 15. "The market may have been overpriced and moved too far, so we're seeing a bit of a retraction," said Greg T. Moore, currency strategist at Toronto-Dominion Bank, by phone from Toronto. "If we don't have that summer swoon or soft patch in U.S. growth, then we should have higher yields,...keep reading. Automated Mirror Trading Now Available Click Here to Learn More   Click Here to Learn More         RISK WARNINGS: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your monetary objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your deposited funds and therefore you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent advisor if you have any doubts. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. Past returns are not indicative of future results. ForexSignal.com assumes no responsibility for errors, inaccuracies or omissions in these materials. International Forex Corp. Ltd Daily Market Commentary is provided for informational purposes only. The information contained in these reports is gathered from reputable news sources however International Forex Corp. Ltd is not responsible for guaranteeing the accuracy, timeliness, completeness or fitness of such sources and is not intended to be used as investment advice. International Forex Corp. Ltd assumes no responsibility or liability from gains or losses incurred by the information herein contained. International Forex Corp. Ltd does not warrant the accuracy or completeness of the information, text, graphics, links or other items contained within these materials. Windows, Windows Vista and other Windows names and Microsoft logos are either registered trademarks or trademarks of Microsoft Corporation in the United States and/or other countries. International Forex Corp. Ltd shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation losses, lost revenues, or lost profits that may result from these materials. Opinions and estimates constitute our judgment and are subject to change without notice. CURRENCY TRADING INVOLVES HIGH RISK AND YOU CAN LOSE A LOT OF MONEY. Please also see our risk warning. Please do not reply to this email, as we are not able to respond to messages sent to this address. To get quick answers to your questions please contact us with the above contact details: To remove your email address from further newsletters click here. Copyright International Forex Corp. Ltd, Inc 1998 - 2013. All rights reserved. International Forex Corp. Ltd 33332 Valle Rd Suite 250 San Juan Capistrano, CA 92675 United States

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