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Forex Market: EUR/GBP daily outlook

March 20, 2014 7:23 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8356-0.8395 and closed at 0.8358. At 7:13 GMT today EUR/GBP was gaining 0.04% for the day to trade at 0.8368. The pair touched a session high at 0.8369 at 7:10 GMT. Fundamental view The gauge of industrial orders in the United Kingdom probably climbed to […] Read more

Forex Market: AUD/USD falls before FOMC policy decision, ending two-day advance

March 19, 2014 9:25 am
Australian dollar traded lower against its US counterpart on Wednesday, snapping a two-day advance before the outcome of Federal Reserve Banks meeting on policy, while Chinese equities tumbled, which dampened prospects for Australias largest export partner. AUD/USD touched a session low at 0.9106 at 7:55 GMT, after which consolidation followed at 0.9114, falling 0.10% for […] Read more

Forex Market: EUR/GBP daily outlook

March 19, 2014 8:37 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8362-0.8400 and closed at 0.8393. At 8:07 GMT today EUR/GBP was losing 0.13% for the day to trade at 0.8387. The pair touched a session low at 0.8379 at 8:00 GMT. Fundamental view The number of jobless claims in the United Kingdom probably dropped by […] Read more

Forex Market: EUR/AUD Technical Analysis

March 19, 2014 7:44 am
During yesterdays trading session EUR/AUD traded within the range of 1.5212-1.5370 and closed at 1.5256. At 7:32 GMT today EUR/AUD was gaining 0.06% for the day to trade at 1.5279. The pair touched a session high at 1.5293 at 2:20 GMT. According to Binary Tribunes daily analysis, in case EUR/AUD manages to breach the first […] Read more

Forex Market: EUR/GBP erases daily gains as German economic sentiment disappoints

March 18, 2014 10:40 am
The euro erased its daily gains against the British pound on trading Tuesday, following a report to show economic sentiment in Germany and the Euro zone decreased considerably more than initially projected in March. EUR/GBP fell from a session high at 0.8385, recorded at 8:01 GMT, also the pairs highest point since December 27th, to […] Read more

Forex Market: AUD/JPY loses ground on increased safe haven demand

March 18, 2014 9:25 am
Australian dollar fell from session highs against the Japanese yen on trading Tuesday, as Russian President Vladimir Putins support of Crimeas request to join the Russian Federation triggered demand for safe haven assets, such as the yen. Having touched a daily high at 92.81 at 0:31 GMT, AUD/JPY lost 0.45% to trade at 92.06 at […] Read more