GFX Partners Morning Market Commentary

GFX FOREIGN EXCHANGE MORNING UPDATE

Friday September 3rd 2010

Market Indicators                   * For current market prices please contact our currency advisors or visit our

                                                  on line site at www.gfxpartners.ca *             

Currencies:                 7:00am Today’s Opening Level            Yesterday’s Opening Level                 

USD/CAD                                             1.0542                                     1.0500                                    

CAD/USD                                             .9486                                       .9523                                      

EUR/USD                                              1.2838                                     1.2829                                    

EUR/CAD                                             1.3538                                     1.3474                                    

STG/CAD                                              1.6232                                     1.6178                                    

AUD/CAD                                            .9589                                       .9548                                      

CAD/JPY                                               80.09                                       80.14                                      

CAD/CHF                                             .9626                                       .9634                                      

CAD/HKD                                            7.3719                                     7.3982                                    

CAD/CNY                                             6.4532                                     6.4804                                    

Commodities:

Gold                                                        1252.60                                   1249.30                                  

                                                                                               

Oil                                                           74.68                                       73.70                                      

                                                                                               

 

Option volatility:

Cad vols  

  O/N                                                      9.5%                                        16.0%                                     

  1 WK                                                     12.85%                                    13.0%                                     

  1 MTH                                                  12.75%                                    13.0%                 

    

            

                                                                                                                                                                                               

                 

                                                              

                 

The information, opinions, estimates, projections and other materials contained herein are provided as of the date hereof and are subject to change without notice. Some of the information, opinions, estimates, projections and other materials contained herein have been obtained from numerous sources, and, notwithstanding GFX Partners Inc. (GFX) makes every effort to ensure that the contents thereof have been compiled or derived from sources believed to be reliable and to contain information and opinions which are accurate and complete, GFX has not independently verified and makes no representation or warranty, express or implied, in respect thereof and takes no responsibility for any errors and omissions which may be contained therein.  GFX shall not be liable for any loss arising from any use of or reliance on the information, opinions, estimates, projections and other materials contained herein whether relied upon by the recipient or user or any other third party (including, without limitation, any customer of the recipient or user).  The information, opinions, estimates, projections and other materials contained herein shall not be considered as investment advice or as a recommendation to enter into any transaction. GFX, its affiliates, and/or their respective shareholders, directors, officers and/or employees may from time to time have long or short positions in any such products (including, without limitation, commodities, securities or other financial instruments).

 

Information may be available to GFX which is not reflected herein and such additional information, if any, is available by contacting GFX directly.