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Forex Market: EUR/USD trading forecast for Monday

December 7, 2014 6:44 am
Friday’s trade saw EUR/USD within the range of 1.2271-1.2393. The daily low has also been the lowest level since August 16th 2012. The pair closed at 1.2379, gaining 0.01% on a daily basis, while losing 0.58% for the whole week. Fundamentals Euro zone German industrial output Germanys seasonally adjusted index of industrial production probably fell […] Read more

Forex Market: EUR/JPY trading forecast for Monday

December 6, 2014 3:17 pm
Friday’s trade saw EUR/JPY within the range of 148.25-149.51. The pair closed at 148.27, gaining 0.01% on a daily basis and 0.29% for the whole week. Fundamentals Euro zone German industrial output Germanys seasonally adjusted index of industrial production probably fell 0.2% in October compared to a month ago, according to market expectations, following a […] Read more

Natural gas futures weekly recap, December 1 – December 5

December 6, 2014 9:20 am
Natural gas increased on Friday, but could not offset the previous four days of declines as forecasts predicted above normal temperatures over the majority of the US in addition to a bearish EIA report on Thursday. On the New York Mercantile Exchange, natural gas for delivery in January settled 4.19% higher on Friday at $3.802 […] Read more

Dollar Tree share price up, provides an update on Family Dollar deal

December 5, 2014 1:33 pm
Dollar Tree Inc announced it has to close a “relatively small” number of stores in order to get its $8.5-million acquisition of Family Dollar Stores approved by the US antitrust regulators. Dollar Tree said it would combine forces with the Federal Trade Commission during the next few weeks in order to find the total of […] Read more

Gold trading outlook: futures extend losses, US job report eyed

December 5, 2014 10:54 am
Gold fell for a second day as the dollar further improved strength on its way to a seventh week of increases, before US payroll data. Comex gold for delivery in February fell by 0.26% to $1 204.5 per troy ounce by 10:42 GMT, having shifted in a daily range of $1 206.7-$1 201.8 an ounce. […] Read more

Forex Market: USD/MXN daily trading forecast

December 5, 2014 10:41 am
Yesterday’s trade saw USD/MXN within the range of 14.0784-14.1656. The pair closed at 14.1547, gaining 0.40% on a daily basis. At 10:40 GMT today USD/MXN was up 0.03% for the day to trade at 14.1600. The pair touched a daily high at 14.1700. Fundamentals United States Change in non-farm payrolls, unemployment rate Employers in all […] Read more

Natural gas trading outlook: shifts movement in spite of above-normal temperatures

December 5, 2014 9:44 am
Natural gas edged up on Friday, ending a six consecutive sessions of declines, despite bearish EIA report and mild temperature forecasts. Natural gas for delivery in January climbed 1.43% to $3.701 per million British thermal units by 9:33 GMT. Prices held in a daily range between $3.808 and $3.638, its lowest since October 28th. The […] Read more

Forex Market: USD/CAD daily trading forecast

December 5, 2014 9:08 am
Yesterday’s trade saw USD/CAD within the range of 1.1336-1.1398. The pair closed at 1.1384, gaining 0.18% on a daily basis. At 9:05 GMT today USD/CAD was up 0.21% for the day to trade at 1.1407. The pair touched a daily high at 1.1408 at 9:04 GMT. Fundamentals United States Change in non-farm payrolls, unemployment rate […] Read more

Crude oil trading outlook: futures fall on discounts in Asia and US

December 5, 2014 9:01 am
Brent and West Texas Intermediate slid for a second day as Saudi Arabia reduced its crude prices in Asia and the US, further providing evidence that the country has no intention of supporting oil prices. January US crude gained 0.84% on Friday to $66.25 per barrel by 09:02 GMT. Prices held in a daily range […] Read more

Forex Market: EUR/NOK daily trading forecast

December 5, 2014 7:49 am
Yesterday’s trade saw EUR/NOK within the range of 8.6205-8.7676. The pair closed at 8.7377, gaining 0.91% on a daily basis. At 7:45 GMT today EUR/NOK was up 0.09% for the day to trade at 8.7424. The pair touched a daily high at 8.7523 at 6:40 GMT. Fundamentals Euro zone Gross Domestic Product – 2nd estimate […] Read more