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Forex Market: USD/SEK daily outlook

April 1, 2014 6:47 am
During yesterday’s trading session USD/SEK traded within the range of 6.4665-6.5161 and closed at 6.4681. At 6:41 GMT today USD/SEK was losing 0.28% for the day to trade at 6.4517. The pair broke the first key support level and touched a daily low at 6.4421 at 6:30 GMT. Fundamental view At 14:45 GMT Markit Economics […] Read more

Forex Market: USD/NOK daily outlook

April 1, 2014 6:33 am
During yesterday’s trading session USD/NOK traded within the range of 5.9787-6.0182 and closed at 5.9860. At 6:32 GMT today USD/NOK was losing 0.03% for the day to trade at 5.9859. The pair touched a daily low at 5.9781 at 6:30 GMT. Fundamental view Norways manufacturing Purchasing Managers Index (PMI) probably climbed to 51.7 during March […] Read more

Forex Market: EUR/CHF daily outlook

April 1, 2014 6:17 am
During yesterday’s trading session EUR/CHF traded within the range of 1.2171-1.2205 and closed at 1.2182. At 6:14 GMT today EUR/CHF was gaining 0.01% for the day to trade at 1.2184. The pair touched a daily high at 1.2186 at 5:35 GMT. Fundamental view Manufacturing activity in Switzerland probably slowed down last month, with the corresponding […] Read more

Forex Market: USD/SEK daily outlook

March 31, 2014 8:38 am
During Friday’s trading session USD/SEK traded within the range of 6.4697-6.5060 and closed at 6.5029. At 8:39 GMT today USD/SEK was losing 0.04% for the day to trade at 6.5005. The pair touched a daily low at 6.4922 at 6:50 GMT. Fundamental view The monthly business activity survey for the area of Chicago may show […] Read more

Forex Market: EUR/CAD daily outlook

March 31, 2014 7:49 am
During Friday’s trading session EUR/CAD traded within the range of 1.5079-1.5232 and closed at 1.5209. At 7:43 GMT today EUR/CAD was gaining 0.05% for the day to trade at 1.5216. The pair touched a daily high at 1.5230 during the early phase of Asian trade. Fundamental view Euro zone’s preliminary annualized index of consumer prices, […] Read more

Forex Market: USD/NOK daily outlook

March 31, 2014 7:21 am
During Friday’s trading session USD/NOK traded within the range of 5.9844-6.0260 and closed at 6.0069. At 7:17 GMT today USD/NOK was gaining 0.04% for the day to trade at 6.0092. The pair touched a daily high at 6.0136 at 6:55 GMT. Fundamental view Norways retail sales report for February is due out at 8:00 GMT. […] Read more

Forex Market: EUR/GBP daily outlook

March 31, 2014 7:00 am
During Friday’s trading session EUR/GBP traded within the range of 0.8246-0.8282 and closed at 0.8264. At 6:52 GMT today EUR/GBP was gaining 0.03% for the day to trade at 0.8266. The pair touched a daily high at 0.8270 at 6:00 GMT. Fundamental view Euro zone’s preliminary annualized index of consumer prices, evaluated in accordance with […] Read more

Forex Market: EUR/CHF daily outlook

March 31, 2014 6:39 am
During Friday’s trading session EUR/CHF traded within the range of 1.2179-1.2202 and closed at 1.2195. At 6:34 GMT today EUR/CHF was gaining 0.03% for the day to trade at 1.2199. The pair touched a daily high at 1.2201 at 3:55 GMT. Fundamental view Frances final annualized Gross Domestic Product probably expanded 0.8% during the last […] Read more

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

March 30, 2014 1:08 pm
Australian dollar came off four-month highs against its US rival and preserved daily losses during late US session on Friday, after data made it clear that personal spending in the United States rose in February by the most in three months while personal income increased, adding to evidence that nations economy was gaining momentum after […] Read more

UK stocks register their largest weekly gain in a month, mining sector supports

March 29, 2014 5:20 pm
Shares in the United Kingdom posted their most considerable weekly advance in a month, as gains of mining companies neutralized losses recorded by insurers. On the London Stock Exchange (LSE) the FTSE 100 Index, encompassing companies with the largest market capitalization, closed at 6,615.58 on Friday, climbing 0.41% for the day, while rising 0.9% for […] Read more