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Stock Indices: Dow Jones rebounds on oil price surge, Apple supports

May 17, 2016 9:07 am
On Monday Dow Jones Industrial Average traded within the range of 17,531.76-17,755.80. The benchmark closed at 17,710.71, surging 1.00% (175.39 points) on a daily basis. It has been the 43rd gain in the past 74 trading days and also the sharpest one since May 10th. The daily high has been the highest level since May […] Read more

Forex Market: USD/CAD daily trading outlook

May 17, 2016 6:51 am
Yesterday’s trade saw USD/CAD within the range of 1.2875-1.2963. The pair closed at 1.2900, going down 0.31% on a daily basis. It has been the 48th drop in the past 95 trading days. The daily high has been the highest level since May 10th, when a high of 1.2979 was registered. The major pair has […] Read more

Forex Market: GBP/USD daily trading outlook

May 17, 2016 6:22 am
Yesterday’s trade saw GBP/USD within the range of 1.4333-1.4468. The pair closed at 1.4444, rising 0.57% on a daily basis. It has been the 19th gain in the past 37 trading days and also the sharpest one since April 26th, when the pair went up 0.69%. The daily low has been the lowest level since […] Read more

Forex Market: USD/CAD daily trading outlook

May 16, 2016 7:37 am
Friday’s trade saw USD/CAD within the range of 1.2830-1.2958. The pair closed at 1.2941, going up 0.73% on a daily basis. It has been the 47th gain in the past 94 trading days and also the steepest one since May 4th, when the pair surged 1.16%. The daily high has been the highest level since […] Read more

Forex Market: GBP/USD daily trading outlook

May 16, 2016 6:50 am
Friday’s trade saw GBP/USD within the range of 1.4338-1.4458. The pair closed at 1.4362, retreating 0.61% on a daily basis. It has been the 18th drop in the past 36 trading days and also the sharpest one since May 3rd, when the pair fell 0.95%. The daily low has been the lowest level since April […] Read more

Forex Market: GBP/BGN trading outlook for May 16th

May 15, 2016 7:17 am
Friday’s trade saw GBP/BGN within the range of 2.4797-2.4892. The pair closed at 2.4842, inching down 0.02% on a daily basis. It has been the 8th drop in the past 21 trading days. In weekly terms, GBP/BGN added 0.42% to its value during the current week. It has been the 6th gain in the past […] Read more

Forex Market: AUD/USD trading outlook for May 16th

May 14, 2016 12:38 pm
Friday’s trade saw AUD/USD within the range of 0.7254-0.7320. The pair closed at 0.7273, going down 0.72% on a daily basis. It has been the 11th drop in the past 22 trading days, a second consecutive one and also the sharpest one since May 9th. The daily low has been the lowest level since March […] Read more

Gold trading outlook: futures rebound ahead of key US macro data string

May 13, 2016 8:29 am
On Thursday gold for delivery in June traded within the range of $1,264.00-$1,281.20. Futures closed at $1,267.95, losing 0.52% compared to Wednesday’s close. It has been the 35th drop in the past 72 trading days. The daily high has been the highest price level since May 9th, when a high of $1,286.50 was recorded. The […] Read more