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Forex Market: USD/CAD daily trading outlook

February 22, 2016 8:12 am
Friday’s trade saw USD/CAD within the range of 1.3714-1.3847. The pair closed at 1.3766, rising 0.30% on a daily basis. It has been the 20th gain in the past 34 trading days and also a second consecutive one. In addition, the daily high has been the highest level since February 17th, when a high of […] Read more

Forex Market: GBP/USD daily trading outlook

February 22, 2016 7:27 am
Friday’s trade saw GBP/USD within the range of 1.4259-1.4308. The pair closed at 1.4263, plummeting 0.99% on a daily basis. It has been the 22nd drop in the past 35 trading days and also the sharpest one since January 15th, when the pair lost 1.08%. In weekly terms, GBP/USD fell 0.70% last week, marking the […] Read more

Forex Market: AUD/USD trading outlook for February 22nd

February 21, 2016 8:36 am
Friday’s trade saw AUD/USD within the range of 0.7065-0.7164. The pair closed at 0.7150, shedding 0.10% on a daily basis. It has been the 7th drop in the past 15 trading days and also a second consecutive one. The daily low has been the lowest level since February 12th, when a low of 0.7062 was […] Read more

Forex Market: GBP/BGN trading outlook for February 22nd

February 20, 2016 3:02 pm
Friday’s trade saw GBP/BGN within the range of 2.5086-2.5322. The pair closed at 2.5315, edging up 0.27% on a daily basis. It has been the 7th gain in the past 15 trading days and also a third consecutive one. In weekly terms, GBP/BGN added 0.39% to its value during the current week. It has been […] Read more

Gold trading outlook: futures slightly retreat ahead of US inflation figures

February 19, 2016 8:35 am
On Thursday gold for delivery in April traded within the range of $1,201.60-$1,239.20. Futures closed at $1,231.40, surging 1.68% on a daily basis. It has been the 9th gain in the past 14 trading days, a second consecutive one and also the sharpest one since February 11th, when the metal added 4.45%. In addition, the […] Read more

Forex Market: USD/CAD edges higher ahead of US, Canadian data string

February 19, 2016 7:48 am
Yesterday’s trade saw USD/CAD within the range of 1.3649-1.3754. The pair closed at 1.3739, rising 0.51% on a daily basis. It has been the 19th gain in the past 33 trading days and also the steepest one since February 5th, when the pair appreciated 1.18%. In addition, the daily low has been the lowest level […] Read more