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Forex Market: EUR/CHF daily trading forecast

October 30, 2014 7:21 am
Yesterday’s trade saw EUR/CHF within the range of 1.2038-1.2072. The pair closed at 1.2063, unchanged on a daily basis. At 7:19 GMT today EUR/CHF was up 0.01% for the day to trade at 1.2064. The pair touched a daily high at 1.2065 at 7:20 GMT. Fundamentals Euro zone Spanish Gross Domestic Product – preliminary The […] Read more

LG Electronics Inc. share price up, profit doubles as revenue hits record numbers

October 29, 2014 4:07 pm
LG Electronics Inc. reported a significant rise in operating profit for the third-quarter, beating analysts expectations thanks to increased smartphone sales. LG reported revenue of KRW 14.92 trillion in the third quarter, a 7.4% increase compared to a year earlier, which led to more than doubled operating profit of KRW 461 billion and a 87% […] Read more

Natural gas trading outlook: futures extend gains on end-week cold weather

October 29, 2014 3:38 pm
Natural gas rose for a second day on Wednesday on speculations that below-average temperatures across the Midwest and Northeast through the end of the week will induce considerable heating demand. However, extended weather forecasts showing mild conditions across most of the US in the first 10 days of November kept gains in check. On the […] Read more

Forex Market: USD/BRL daily trading forecast

October 29, 2014 9:53 am
Yesterday’s trade saw USD/BRL within the range of 2.4590-2.5225. The pair closed at 2.4613, losing 2.43% on a daily basis. This has been the most considerable daily loss since September 18th 2013. At 9:52 GMT today USD/BRL was down 0.01% for the day to trade at 2.4615. The pair touched a daily low at 2.4609 […] Read more

Forex Market: EUR/USD daily trading forecast

October 29, 2014 8:56 am
Yesterday’s trade saw EUR/USD within the range of 1.2683-1.2765. The pair closed at 1.2734, gaining 0.28% on a daily basis. At 8:54 GMT today EUR/USD was down 0.07% for the day to trade at 1.2727. The pair touched a daily low at 1.2724 at 8:50 GMT. Fundamentals United States FOMC policy decision The Federal Open […] Read more

Forex Market: NZD/USD daily trading forecast

October 29, 2014 8:40 am
Yesterday’s trade saw NZD/USD within the range of 0.7881-0.7960. The pair closed at 0.7920, gaining 0.33% on a daily basis. At 8:36 GMT today NZD/USD was up 0.30% for the day to trade at 0.7941. The pair touched a daily high at 0.7944 at 8:30 GMT. Fundamentals New Zealand RBNZ policy decision Reserve Bank of […] Read more

Forex Market: GBP/USD daily trading forecast

October 29, 2014 8:19 am
Yesterday’s trade saw GBP/USD within the range of 1.6086-1.6182. The pair closed at 1.6131, gaining 0.07% on a daily basis. At 8:14 GMT today GBP/USD was up 0.01% for the day to trade at 1.6132. The pair touched a daily high at 1.6154 at 7:10 GMT. Fundamentals United Kingdom Mortgage approvals The number of mortgage […] Read more

Forex Market: EUR/GBP daily trading forecast

October 29, 2014 8:01 am
Yesterday’s trade saw EUR/GBP within the range of 0.7869-0.7902. The pair closed at 0.7894, gaining 0.22% on a daily basis. At 7:57 GMT today EUR/GBP was down 0.03% for the day to trade at 0.7893. The pair touched a daily low at 0.7889 at 7:32 GMT. Fundamentals United Kingdom Mortgage approvals The number of mortgage […] Read more