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Gold trading outlook: futures edge lower on recovering US dollar

April 8, 2016 8:05 am
On Thursday gold for delivery in June traded within the range of $1,224.60-$1,242.90. Futures closed at $1,236.20, going up 1.12% on a daily basis. It has been the 24th gain in the past 47 trading days and also the sharpest one since March 29th, when the yellow metal added 1.29% to its value. In addition, […] Read more

Forex Market: USD/CAD daily trading outlook

April 8, 2016 6:45 am
Yesterday’s trade saw USD/CAD within the range of 1.3014-1.3181. The pair closed at 1.3145, edging up 0.43% on a daily basis. It has been the 37th gain in the past 68 trading days. The daily high has been a lower-high test of the high from April 6th. USD/CAD has increased its advance to 0.78% so […] Read more

Forex Market: GBP/USD daily trading outlook

April 8, 2016 6:19 am
Yesterday’s trade saw GBP/USD within the range of 1.4044-1.4159. The pair closed at 1.4057, losing 0.45% on a daily basis. It has been the 39th drop in the past 69 trading days and also a third consecutive one. GBP/USD has dropped 2.01% so far during the current month, following a 3.20% surge in March. At […] Read more

Forex Market: USD/CAD daily trading outlook

April 7, 2016 6:37 am
Yesterday’s trade saw USD/CAD within the range of 1.3064-1.3187. The pair closed at 1.3083, losing 0.45% on a daily basis. It has been the 31st drop in the past 67 trading days. The daily low has been the lowest level since April 4th, when a low of 1.3003 was registered. USD/CAD has trimmed its advance […] Read more

Forex Market: GBP/USD daily trading outlook

April 7, 2016 6:19 am
Yesterday’s trade saw GBP/USD within the range of 1.4007-1.4171. The pair closed at 1.4131, shedding 0.18% on a daily basis. It has been the 38th drop in the past 68 trading days and also a second consecutive one. The daily low has been the lowest level since March 2nd, when a low of 1.3912 was […] Read more

Stock Indices: Dow Jones falls a second day on dampened global growth prospects

April 6, 2016 9:22 am
On Tuesday Dow Jones Industrial Average traded within the range of 17,579.77-17,718.03. The benchmark closed at 17,604.15, retreating 0.75% (132.85 points) on a daily basis. It has been the 19th drop in the past 45 trading days, a second consecutive one and also the sharpest one since February 23rd. The blue-chip gauge has lost 0.46% […] Read more

Forex Market: USD/CAD daily trading outlook

April 6, 2016 7:07 am
Yesterday’s trade saw USD/CAD within the range of 1.3074-1.3219. The pair closed at 1.3142, going up 0.50% on a daily basis. It has been the 36th gain in the past 66 trading days and also a fourth consecutive one. The daily high has been the highest level since March 28th, when a high of 1.3286 […] Read more