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Forex Market: GBP/CAD daily forecast

June 30, 2014 8:07 am
During Friday’s trading session GBP/CAD traded within the range of 1.8145-1.8218 and closed at 1.8170. At 8:02 GMT today GBP/CAD was gaining 0.08% for the day to trade at 1.8184. The pair touched a daily high at 1.8194 at 7:29 GMT. Fundamental view United Kingdom The number of mortgage approvals in the United Kingdom probably […] Read more

Forex Market: EUR/GBP daily forecast

June 30, 2014 7:48 am
During Friday’s trading session EUR/GBP traded within the range of 0.7992-0.8018 and closed at 0.8008. At 7:42 GMT today EUR/GBP was gaining 0.16% for the day to trade at 0.8021. The pair breached the first key resistance and touched a daily high at 0.8025 at 7:44 GMT. Fundamental view Euro zone The annualized preliminary consumer […] Read more

Forex Market: EUR/NOK daily forecast

June 30, 2014 7:30 am
During Friday’s trading session EUR/NOK traded within the range of 8.3364-8.3884 and closed at 8.3636. At 7:26 GMT today EUR/NOK was gaining 0.25% for the day to trade at 8.3846. The pair touched a daily high at 8.3849 at 7:25 GMT. Fundamental view Euro zone The annualized preliminary consumer price index in the Euro zone, […] Read more

Forex Market: USD/NOK daily forecast

June 30, 2014 7:17 am
During Friday’s trading session USD/NOK traded within the range of 6.1207-6.1545 and closed at 6.1276. At 7:12 GMT today USD/NOK was gaining 0.10% for the day to trade at 6.1339. The pair touched a daily high at 6.1348 at 7:14 GMT. Fundamental view United States The Chicago Purchasing Managers Index (PMI) probably slowed down to […] Read more

Forex Market: AUD/USD forecast for Monday

June 28, 2014 7:38 am
During Friday’s trading session AUD/USD traded within the range of 0.9406-0.9441 and closed at 0.9423, gaining 0.09% for the day and 0.35% for the week. Fundamental view Australia At 0:30 GMT on Monday (June 30th) the University of Melbourne will release its estimate of inflation in Australian economy during June. Annualized inflation estimate for May […] Read more

Forex Market: USD/SGD forecast for Monday

June 14, 2014 7:10 am
During Friday’s trading session USD/SGD traded within the range of 1.2476-1.2512 and closed at 1.2511, gaining 0.26% for the day, while losing 0.06% for the week. Fundamental view United States The New York Empire State Manufacturing Index probably fell to a reading of 15.70 in June, according to the median estimate by experts, from 19.01 […] Read more

Forex Market: GBP/CHF forecast for Monday

June 1, 2014 8:47 am
During Friday’s trading session GBP/CHF traded within the range of 1.4985-1.5041 and closed at 1.5000, losing 0.07% for the day and 0.50% for the week. Fundamental view United Kingdom Activity in United Kingdom’s sector of manufacturing probably slowed down in May, with the corresponding PMI coming in at a reading of 57.0, according to the […] Read more

Forex Market: AUD/USD forecast for Monday

May 31, 2014 10:46 am
During Friday’s trading session AUD/USD traded within the range of 0.9289-0.9330 and closed at 0.9310, gaining 0.02% for the day and 0.86% for the week. Fundamental view Australia At 23:30 GMT on June 1st the Australian Industry Group (AIG) is expected to announce the results from its survey on short-term and intermediate-term conditions in the […] Read more

Forex Market: NZD/USD forecast for Monday

May 25, 2014 7:35 am
During Friday’s trading session NZD/USD traded within the range of 0.8531-0.8574 and closed at 0.8553, losing 0.15% for the day and 0.94% for the week. Fundamental view New Zealand The surplus on New Zealands trade balance probably decreased to 0.634 billion NZD in April, according to the median forecast by experts, from a surplus figure […] Read more

Forex Market: EUR/SGD forecast for Monday

May 24, 2014 7:14 am
During Friday’s trading session EUR/SGD traded within the range of 1.7063-1.7105 and closed at 1.7083, losing 0.04% for the day and 0.29% for the week. Fundamental view Euro zone Consumer Confidence in Germany, the largest economy in the Euro zone, probably remained unchanged at 8.5 in June, according to median forecast by experts. The Gfk […] Read more