June 27, 2016 8:23 am
Friday’s trade saw USD/CAD within the range of 1.2714-1.3100. The pair closed at 1.3006, surging 1.95% compared to Thursdays close. It has been the 153rd gain in the past 280 trading days and also the steepest one in more than 4 years. The daily high has been the highest level since June 3rd, when a […]
Read moreJune 27, 2016 6:51 am
Friday’s trade saw GBP/USD within the range of 1.3231-1.5018. The pair closed at 1.3683, plummeting 8.04% compared to Thursdays close. It has been the 152nd drop in the past 280 trading days and also the sharpest daily rate of decline on record. The daily low has been the lowest level since late September 1985. In […]
Read moreJune 26, 2016 1:02 pm
Friday’s trade saw GBP/BGN within the range of 2.3840-2.5720. The pair closed at 2.4104, plunging 5.87% compared to Thursdays close. It has been the 12th drop in the past 22 trading days and also the steepest daily rate of decline on record. The daily low has been the lowest level since May 8th 2014, when […]
Read moreJune 25, 2016 4:04 pm
Friday’s trade saw AUD/USD within the range of 0.7307-0.7650. The pair closed at 0.7470, tumbling 1.93% compared to Thursdays close. It has been the 8th drop in the past 23 trading days and also the sharpest one since May 3rd, when the pair fell 2.37%. The daily low has been the lowest level since June […]
Read moreJune 24, 2016 1:47 pm
US shares followed the massive sell-off, observed in Asia and Europe on Friday, as Dow Jones Industrial Average plummeted almost 3% (approximately 500 points) to 17,483.48 moments after the US session began. S&P 500 lost a bit more than 80 points to 2,039.50 at the open. The technological Nasdaq 100 benchmark dropped a bit over […]
Read moreJune 24, 2016 12:26 pm
The UK vote on EU membership triggered a massive selling wave across markets around the globe, as investors fled to the relative security of safe-haven assets, such as Gold, Yen, Franc and US Dollar. Here is how major indices, major currency pairs and the most popular commodities performed on Friday (June 24th): Nikkei 225 […]
Read moreJune 24, 2016 9:22 am
On Thursday gold for delivery in August traded within the range of $1,260.00-$1,274.50. Futures closed at $1,263.10, edging down 0.54% compared to Wednesday’s close. It has been the 150th drop in the past 279 trading days and also a fifth consecutive one. The commodity has extended its advance to 8.17% so far during the current […]
Read moreJune 24, 2016 8:21 am
Yesterday’s trade saw USD/CAD within the range of 1.2679-1.2845. The pair closed at 1.2776, shedding 0.53% compared to Wednesdays close. It has been the 127th drop in the past 279 trading days. The daily low has been the lowest level since June 10th, when a low of 1.2656 was registered. USD/CAD has trimmed its loss […]
Read moreJune 24, 2016 6:45 am
Yesterday’s trade saw GBP/USD within the range of 1.4743-1.4947. The pair closed at 1.4877, rising 1.15% compared to Wednesdays close. It has been the 128th gain in the past 279 trading days. However, the major pair has lost 5.33% of its value so far in June, following a 0.92% drop in the prior month. At […]
Read moreJune 23, 2016 12:32 pm
In early European trade GBP/USD reached highs unseen since December 24th 2015, rising to an intraday high of 1.4947, as an online poll by the Populus market research company revealed that 55% of the total 4 700 respondents voted in favor of the “remain” campaign, while 45% supported “Brexit”. The next potential levels of resistance […]
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