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Forex Market: USD/CAD daily trading forecast

October 2, 2015 8:32 am
Yesterday’s trade saw USD/CAD within the range of 1.3215-1.3334. The pair closed at 1.3268, down 0.35% on a daily basis and extending losses from Wednesday. The daily low has been the lowest level since September 22nd, when a low of 1.3215 was registered. At 8:26 GMT today USD/CAD was losing 0.27% for the day to […] Read more

Gold trading outlook: futures fall a sixth straight day ahead of US Payroll numbers

October 2, 2015 7:42 am
On Thursday gold for delivery in December traded within the range of $1,113.30-$1,119.00. Futures closed at $1,114.20, falling 0.12% on a daily basis and marking a fifth consecutive trading day of losses. On Wednesday the commodity slumped to lows unseen since September 16th. On the Comex division of the New York Mercantile Exchange, gold futures […] Read more

Forex Market: GBP/USD daily trading forecast

October 2, 2015 6:56 am
Yesterday’s trade saw GBP/USD within the range of 1.5106-1.5180. The pair closed at 1.5129, unchanged on a daily basis and following nine consecutive trading days of losses. The daily low came close to Wednesdays low, while the latter has been the lowest level since May 5th. At 6:53 GMT today GBP/USD was gaining 0.12% for […] Read more

Forex Market: EUR/USD daily trading forecast

October 2, 2015 6:21 am
Yesterday’s trade saw EUR/USD within the range of 1.1133-1.1209. The pair closed at 1.1195, rising 0.16% on a daily basis, while marking the third gain in the past four trading days. The daily low has been the lowest level since September 25th, when the cross registered a low of 1.1114. At 6:17 GMT today EUR/USD […] Read more

Forex Market: USD/CAD daily trading forecast

October 1, 2015 9:02 am
Yesterday’s trade saw USD/CAD within the range of 1.3302-1.3433. The pair closed at 1.3315, losing 0.79% on a daily basis and marking the first drop in the past four trading days. The daily rate of decrease has been the steepest one since August 31st, when the cross plunged 0.79%. In addition, the daily low has […] Read more

Gold trading outlook: futures fall before the key NFP report

October 1, 2015 8:01 am
On Wednesday gold for delivery in December traded within the range $1,112.10-$1,126.00. Futures closed at $1,115.50, falling 1.03% on a daily basis and marking a fourth consecutive day of losses. The daily low has been the lowest level for the commodity since September 16th, when it traded as low as $1,109.80. On the Comex division […] Read more

Forex Market: GBP/USD daily trading forecast

October 1, 2015 7:00 am
Yesterday’s trade saw GBP/USD within the range of 1.5105-1.5214. The pair closed at 1.5129, down 0.15% on a daily basis, while marking the ninth consecutive trading day of decline. The daily low has been the lowest level since May 5th, when the cross registered a low of 1.5087. At 6:56 GMT today GBP/USD was down […] Read more

Forex Market: EUR/USD daily trading forecast

October 1, 2015 6:20 am
Yesterday’s trade saw EUR/USD within the range of 1.1156-1.1262. The pair closed at 1.1177, losing 0.64% on a daily basis, or the most considerable daily decline since September 21st, when it depreciated 0.90%. The daily low has been the lowest level since September 28th, when the cross registered a low of 1.1146. At 6:16 GMT […] Read more

Forex Market: USD/CAD daily trading forecast

September 30, 2015 9:42 am
Yesterday’s trade saw USD/CAD within the range of 1.3368-1.3458. The pair closed at 1.3421, up 0.16% on a daily basis, while marking a third straight trading day of gains. It has been the most modest daily rate of increase since September 22nd. In addition, the daily high has been the highest level since June 30th […] Read more

Stock Indices: Dow Jones rises on Tuesday after its sharpest daily drop in a month

September 30, 2015 8:41 am
On Tuesday Dow Jones Industrial Average traded within the range 15,942.37-16,118.89. The benchmark closed at 16,049.13, gaining 0.30% (47.24 points) on a daily basis. The daily low has been the lowest level since August 26th, when the average slipped as low as 15,676.26. On September 28th the gauge of blue chip companies plunged 1.92% at […] Read more