Articles by: Miroslav Marinoff

Forex Market: USD/CAD daily trading outlook

Yesterday’s trade saw USD/CAD within the range of 1.2841-1.3017. The pair closed at 1.2982, surging 1.06% compared to Mondays close. It has been the 155th gain in the past 287 trading days and also the sharpest one since June 24th. The daily high has been an exact test of the high from June 30th. The […] Read more

Forex Market: GBP/USD daily trading outlook

Yesterday’s trade saw GBP/USD within the range of 1.3000-1.3291. The pair closed at 1.3020, plummeting 2.03% compared to Mondays close. It has been the 156th drop in the past 287 trading days and also the sharpest one since June 27th. The daily low has been the lowest level since July 1985. The cross has fallen […] Read more

Market Briefing on Tuesday July 5th

GBP/USD broke out from a relatively tight area of consolidation to reach new lows unseen since July 1985 on Tuesday, as Bank of Englands Financial Stability Report, released earlier, outlined risks of lower capital inflows. The central bank relaxed rules for lending institutions, so that they could cope with Brexit effects. BoE said it would […] Read more

Forex Market: USD/CAD daily trading outlook

Yesterday’s trade saw USD/CAD within the range of 1.2832-1.2921. The pair closed at 1.2845, losing 0.56% compared to Fridays close. It has been the 132nd drop in the past 286 trading days and also a fifth consecutive one. The daily low has been the lowest level since June 24th, when a low of 1.2715 was […] Read more

Forex Market: GBP/USD daily trading outlook

Yesterday’s trade saw GBP/USD within the range of 1.3241-1.3340. The pair closed at 1.3287, edging up 0.19% compared to Fridays close. It has been the 131st gain in the past 286 trading days. The cross has fallen 0.64% so far during the current month, after depreciating 7.94% in June. The latter has been the worst […] Read more

Forex Market: USD/CAD daily trading outlook

Friday’s trade saw USD/CAD within the range of 1.2859-1.2976. The pair closed at 1.2910, edging down 0.12% compared to Thursdays close. It has been the 131st drop in the past 285 trading days and also a fourth consecutive one. The daily low has been the lowest level since June 24th, when a low of 1.2715 […] Read more

Forex Market: GBP/USD daily trading outlook

Friday’s trade saw GBP/USD within the range of 1.3243-1.3350. The pair closed at 1.3266, shedding 0.34% compared to Thursdays close. It has been the 155th drop in the past 285 trading days and also a second consecutive one. In weekly terms, the major pair lost 3.03% of its value during the past week. It has […] Read more

Forex Market: GBP/BGN trading outlook for July 4th

Friday’s trade saw GBP/BGN within the range of 2.3257-2.3523. The pair closed at 2.3298, shedding 0.66% compared to Thursdays close. It has been the 11th drop in the past 21 trading days and also a second consecutive one. The daily low has been the lowest level since December 18th 2013, when a low of 2.3095 […] Read more