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Forex Market: EUR/CHF daily trading forecast

July 6, 2015 7:08 am
Fridays trade saw EUR/CHF within the range 1.0431-1.0472. The pair closed at 1.0451, down 0.10% on a daily basis and extending losses from Thursday. At 7:04 GMT today EUR/CHF was down 0.23% for the day to trade at 1.0427. The pair touched a daily low at 1.0357 at 0:00 GMT. It has been the lowest […] Read more

Forex Market: USD/CAD daily trading forecast

March 31, 2015 8:14 am
Yesterday’s trade saw USD/CAD within the range of 1.2591-1.2707. The daily high has also been the highest level since March 20th, when a high of 1.2727 was recorded. The pair closed at 1.2675, up 0.51% on a daily basis and extending gains from Friday. At 8:13 GMT today USD/CAD was up 0.45% for the day […] Read more

Natural gas trading outlook: futures slide on warmer weather

March 30, 2015 8:59 am
Natural gas fell for a fourth consecutive session as forecasting agencies project warmer weather ahead. Natural gas for delivery in May slid 0.61% on Friday to $2.623 per mBtu. The contract dropped 1.82% on Friday and settled at $2.639, having previously fallen to $2.616, its lowest since last October. According to NatGasWeather.com, natural gas demand […] Read more

Forex Market: EUR/USD daily trading forecast

March 30, 2015 7:44 am
Friday’s trade saw EUR/USD within the range of 1.0800-1.0950. The pair closed at 1.0889, up 0.05% on a daily basis. It has also been the third gain in the past five trading days. The cross appreciated 0.62% for the whole week, marking a second consecutive week of gains. At 7:42 GMT today EUR/USD was down […] Read more

Gold trading outlook: futures drop on Yellen comments

March 30, 2015 7:30 am
Gold dropped for a second session on Monday after Federal Reserve Chair Janet Yellen signalled that the U.S. central bank is likely to lift interest rates later this year. Comex gold for delivery in April was down 0.59% at $1 192.7 per troy ounce at 6:51 GMT, shifting in a daily range of $1 198.5 […] Read more

Forex Market: EUR/GBP daily trading forecast

March 30, 2015 6:49 am
Friday’s trade saw EUR/GBP within the range of 0.7263-0.7345. The pair closed at 0.7319, down 0.14% on a daily basis and extending losses from Thursday. It has also been the second loss in the past five trading days. The cross appreciated 1.12% for the whole week, marking a second consecutive week of gains. At 6:45 […] Read more

Forex Market: EUR/CHF trading forecast for Monday

March 29, 2015 9:35 am
Friday’s trade saw EUR/CHF within the range of 1.0422-1.0510. The pair closed at 1.0468, down 0.11% on a daily basis and extending losses from Thursday. It has also been the fourth loss in the past five trading days. The cross depreciated 0.82% for the whole week. On Monday (March 30th) EUR/CHF may be influenced by […] Read more

Forex Market: USD/CHF technical outlook

March 28, 2015 1:42 pm
USD/CHF has been holding well above the 25-day (blue), the 50-day (red) and the 200-day (white) Exponential Moving Averages since February 27th, when the cross received support at the 50-day EMA. In early March the up move accelerated even more, with the Average Directional Index surging above its 50.00 level, which led to the cross […] Read more

Forex Market: EUR/CAD trading forecast for Monday

March 28, 2015 1:07 pm
Friday’s trade saw EUR/CAD within the range of 1.3520-1.3766. The daily low has also been the lowest level since March 20th, when a low of 1.3507 was recorded. The pair closed at 1.3729, soaring 1.05% on a daily basis, which marked a third gain in the past five trading days. The cross appreciated 1.07% for […] Read more

Yahoo! share price up, bolsters share buyback program

March 27, 2015 1:13 pm
Yahoo! Inc announced on Thursday its board had authorized an additional $2 billion to its share-repurchasing program. According to a filling with the US Securities and Exchange Commission, the company has $726 million left of its $5-billion share buyback program announced in November 2013, before the new initiative kicks in. The new program, which is […] Read more