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Forex Market: EUR/CHF daily outlook

March 24, 2014 7:41 am
During Friday’s trading session EUR/CHF traded within the range of 1.2166-1.2186 and closed at 1.2179. At 7:33 GMT today EUR/CHF was gaining 0.09% for the day to trade at 1.2190. The pair touched a session high at 1.2191 at 7:30 GMT. Fundamental view Frances preliminary manufacturing PMI (Purchasing Managers Index) probably remained in the zone […] Read more

Forex Market: EUR/GBP daily outlook

March 24, 2014 7:27 am
During Friday’s trading session EUR/GBP traded within the range of 0.8344-0.8371 and closed at 0.8366. At 7:18 GMT today EUR/GBP was gaining 0.05% for the day to trade at 0.8370. The pair touched a session high at 0.8374 during early Asian session. Fundamental view Frances preliminary manufacturing PMI (Purchasing Managers Index) probably remained in the […] Read more

German shares advance in a longest streak since September 2013

March 23, 2014 9:01 am
On Friday German shares advanced for a sixth consecutive day, which marked the longest streak of gains since September last year, as Euro zones consumer confidence surpassed preliminary estimates in March. On the Frankfurt Stock Exchange the DAX Index (DAX) closed at 9,342.94 on March 21st, rising 0.50%. The index of blue chip stocks has […] Read more

Forex Market: Outlook for AUD/USD during the upcoming week

March 22, 2014 3:38 pm
Australian dollar traded in proximity to its highest point for the day against the US rival during late US session on Friday, after on Thursday an index of economic surprises for Australia by Citigroup climbed to highs unseen in ten months, which continued to support the Aussie. AUD/USD climbed to a daily high at 0.9100 […] Read more

Forex Market: EUR/GBP daily outlook

March 21, 2014 7:53 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8329-0.8369 and closed at 0.8347. At 7:50 GMT today EUR/GBP was gaining 0.05% for the day to trade at 0.8353. The pair touched a session high at 0.8358 at 7:15 GMT. Fundamental view The surplus on Euro zones seasonally adjusted current account probably narrowed to […] Read more

Forex Market: EUR/CHF daily outlook

March 21, 2014 7:28 am
During yesterday’s trading session EUR/CHF traded within the range of 1.2164-1.2204 and closed at 1.2174. At 7:23 GMT today EUR/CHF was losing 0.04% for the day to trade at 1.2173. The pair touched a session low at 1.2169 at 4:45 GMT. Fundamental view The surplus on Euro zones seasonally adjusted current account probably narrowed to […] Read more

Forex Market: EUR/CAD daily outlook

March 21, 2014 7:13 am
During yesterday’s trading session EUR/CAD traded within the range of 1.5479-1.5583 and closed at 1.5490. At 7:01 GMT today EUR/CAD was gaining 0.15% for the day to trade at 1.5514. The pair touched a session high at 1.5526 at 6:40 GMT. Fundamental view The surplus on Euro zones seasonally adjusted current account probably narrowed to […] Read more