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Forex Market: USD/CAD daily trading forecast

October 17, 2014 7:11 am
Yesterday’s trade saw USD/CAD within the range of 1.1225-1.1362. The pair closed at 1.1256, gaining 0.01% on a daily basis. At 7:04 GMT today USD/CAD was down 0.04% for the day to trade at 1.1252. The pair touched a daily low at 1.1243 at 2:05 GMT. Fundamentals United States Housing starts and Building permits The […] Read more

Forex Market: EUR/GBP daily trading forecast

October 17, 2014 6:48 am
Yesterday’s trade saw EUR/GBP within the range of 0.7944-0.8030. The pair closed at 0.7962, losing 0.62% on a daily basis. At 6:47 GMT today EUR/GBP was up 0.06% for the day to trade at 0.7967. The pair touched a daily high at 0.7972 at 2:10 GMT. Fundamentals Euro zone Spanish balance of trade The deficit […] Read more

Forex Market: EUR/CAD daily trading forecast

October 17, 2014 6:30 am
Yesterday’s trade saw EUR/CAD within the range of 1.4376-1.4504. The pair closed at 1.4419, losing 0.19% on a daily basis. At 6:25 GMT today EUR/CAD was down 0.02% for the day to trade at 1.4414. The pair touched a daily low at 1.4394 at 2:05 GMT. Fundamentals Euro zone Spanish balance of trade The deficit […] Read more

AbbVie Inc. share price up, board shifts stance on merger with Shire Plc

October 16, 2014 9:26 am
AbbVie Inc.s board advised shareholders to vote against the takeover deal with Shire Plc., due to new tax rules imposed by the U.S. Treasury Department. The U.S. government has been trying to tune down overseas mergers for some time now and in September the Treasury Department revealed new rules in an effort to restrain corporate […] Read more

Forex Market: USD/RUB daily trading forecast

October 16, 2014 8:33 am
Yesterday’s trade saw USD/RUB within the range of 40.385-41.065, reaching a new all-time high. The pair closed at 40.409, losing 1.27% on a daily basis. At 8:31 GMT today USD/RUB was up 0.78% for the day to trade at 40.816. The pair broke the first key daily and the first key weekly resistances and touched […] Read more

Forex Market: USD/CAD daily trading forecast

October 16, 2014 8:12 am
Yesterday’s trade saw USD/CAD within the range of 1.1222-1.1386. The pair closed at 1.1255, losing 0.36% on a daily basis. At 8:08 GMT today USD/CAD was up 0.20% for the day to trade at 1.1273. The pair broke the first key weekly resistance and touched a daily high at 1.1291 at 7:45 GMT. Fundamentals United […] Read more

Forex Market: GBP/USD daily trading forecast

October 16, 2014 7:27 am
Yesterday’s trade saw GBP/USD within the range of 1.5873-1.6071. The pair closed at 1.6021, gaining 0.74% on a daily basis. At 7:20 GMT today GBP/USD was down 0.18% for the day to trade at 1.5990. The pair touched a daily low at 1.5951 at 6:25 GMT. Fundamentals UBS rate forecast Yesterday it became clear that […] Read more