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Forex Market: EUR/CNY trading forecast for Monday

October 12, 2014 5:23 pm
Friday’s trade saw EUR/CNY within the range of 7.7273-7.7974. The pair closed at 7.7374, losing 0.69% on a daily basis, while gaining 0.69% for the whole week. Fundamental view China The surplus on Chinas balance of trade probably shrank to 41.000 billion USD during September, according to market expectations. In August the nation had a […] Read more

Forex Market: USD/CNY trading forecast for Monday

October 11, 2014 7:27 am
Friday’s trade saw USD/CNY within the range of 6.1292-6.1346. The pair closed at 6.1311, gaining 0.01% on a daily basis, while losing 0.13% for the whole week. Fundamental view United States Monday (October 13th) is the Columbus Day federal holiday, which remembers Christopher Columbus arrival to the Americas on October 12th 1492. Columbus day is […] Read more

Forex Market: EUR/CAD daily trading forecast

October 10, 2014 8:01 am
Yesterday’s trade saw EUR/CAD within the range of 1.4107-1.4204. The pair closed at 1.4196, gaining 0.37% on a daily basis. At 7:59 GMT today EUR/CAD was down 0.15% for the day to trade at 1.4203. The pair touched a daily low at 1.4199 at 7:58 GMT. Fundamental view Canada Employment The number of the employed […] Read more

Forex Market: GBP/CAD daily trading forecast

October 9, 2014 7:56 am
Yesterday’s trade saw GBP/CAD within the range of 1.7918-1.8021. The pair closed at 1.7958, losing 0.17% on a daily basis. At 7:53 GMT today GBP/CAD was up 0.01% for the day to trade at 1.7963. The pair touched a daily high at 1.7978 at 5:35 GMT. Fundamental view United Kingdom At 11:00 GMT Bank of […] Read more

Forex Market: GBP/CAD daily trading forecast

October 7, 2014 7:18 am
Yesterday’s trade saw GBP/CAD within the range of 1.7862-1.7991. The pair closed at 1.7905, losing 0.39% on a daily basis. At 7:16 GMT today GBP/CAD was down 0.21% for the day to trade at 1.7939. The pair touched a daily low at 1.7899 during early Asian trade. Fundamental view United Kingdom BoE Lending Conditions Report […] Read more

Forex Market: GBP/NOK daily trading forecast

October 7, 2014 7:08 am
Yesterday’s trade saw GBP/NOK within the range of 10.3730-10.4480. The pair closed at 10.4147, losing 0.05% on a daily basis. At 8:07 GMT today GBP/NOK was up 0.14% for the day to trade at 10.4275. The pair touched a daily high at 10.4425 at 6:20 GMT. Fundamental view United Kingdom BoE Lending Conditions Report At […] Read more

Forex Market: EUR/HUF daily trading forecast

October 7, 2014 6:58 am
Yesterday’s trade saw EUR/HUF within the range of 307.130-310.080. The pair closed at 307.640, losing 0.70% on a daily basis. At 6:50 GMT today EUR/HUF was down 0.12% for the day to trade at 307.302. The pair touched a daily low at 307.161 at 6:30 GMT. Fundamental view Hungary Hungarys annualized industrial production probably expanded […] Read more

Forex Market: EUR/DKK daily trading forecast

October 7, 2014 6:47 am
Yesterday’s trade saw EUR/DKK within the range of 7.4373-7.4520. The pair closed at 7.4436, losing 0.02% on a daily basis. At 6:44 GMT today EUR/DKK was up 0.01% for the day to trade at 7.4439, which is also the current daily high. Fundamental view Denmark Denmarks annualized industrial production probably expanded 2.02% in August, according […] Read more

Forex Market: EUR/CHF daily trading forecast

October 7, 2014 6:29 am
Yesterday’s trade saw EUR/CHF within the range of 1.2099-1.2144. The pair closed at 1.2129, gaining 0.16% on a daily basis. At 6:26 GMT today EUR/CHF was down 0.02% for the day to trade at 1.2125. The pair touched a daily low at 1.2124 at 6:25 GMT. Fundamental view Switzerland Consumer inflation Annualized Consumer Price Index […] Read more

Forex Market: GBP/CAD daily trading forecast

October 6, 2014 8:18 am
Friday’s trade saw GBP/CAD within the range of 1.7937-1.8042. The pair closed at 1.7950, losing 0.34% on a daily basis. At 8:12 GMT today GBP/CAD was down 0.15% for the day to trade at 1.7938. The pair touched a daily low at 1.7916 at 7:30 GMT. Fundamental view United Kingdom Home values in the UK […] Read more