April 14, 2014 1:26 pm
The pound declined for a third day against the US dollar, after official data showed US retail sales rose more than expected last month, adding to evidence the US economic recovery is gaining traction. GBP/USD hit a session low at 1.6697 at 12:35 GMT, after which consolidation followed at 1.6715, losing 0.1% for the day. […]
Read moreApril 14, 2014 11:27 am
The euro retreated from the strongest level in more than three weeks against the US dollar, after European Central Bank President said euro’s strength “requires further monetary stimulus.” EUR/USD hit a session low at 1.3816 at 09:00 GMT, after which consolidation followed at 1.3824, losing 0.44% on a daily basis. Support was likely to be […]
Read moreApril 14, 2014 11:26 am
During Friday’s trading session EUR/CHF traded within the range of 1.2151-1.2179 and closed at 1.2163. At 06:26 GMT today EUR/CHF was gaining 0.12% for the day to trade at 1.2148. The pair touched a daily low at 1.2144 at 02:45 GMT, breaching the first support level. Fundamental view Industrial production in the euro zone probably rose […]
Read moreApril 14, 2014 11:22 am
During Friday’s trading session EUR/GBP traded within the range of 0.8277-0.8310 and closed at 0.8299. At 07:16 GMT today EUR/GBP was losing 0.24% for the day to trade at 0.8280. The pair touched a daily low at 0.8270 at 06:35 GMT, breaching the first support level. Fundamental view Industrial production in the euro zone probably rose […]
Read moreApril 14, 2014 11:22 am
During Friday’s trading session EUR/NOK traded within the range of 8.2256-8.2687 and closed at 8.2385. At 08:42 GMT today EUR/NOK was up 0.11% for the day to trade at 8.2476. The pair touched a daily high at 8.2508 at 08:30 GMT. Fundamental view Industrial production in the euro zone probably rose 0.2% in February from the […]
Read moreApril 14, 2014 11:19 am
During Friday’s trading session EUR/CAD traded within the range of 1.5165-1.5254 and closed at 1.5245. At 06:45 GMT today EUR/CAD was losing 0.3% for the day to trade at 1.5199. The pair touched a daily low at 1.5194 at 06:20 GMT. Fundamental view Industrial production in the euro zone probably rose 0.2% in February from the […]
Read moreApril 13, 2014 3:37 pm
During Friday’s trading session EUR/USD traded within the range of 1.3863-1.3905 and closed at 1.3885. Fundamental view Industrial production in the euro zone probably rose 0.2% in February from the previous month, according to the median analyst estimate. In January, industrial output unexpectedly declined 0.1%. Industrial production is an indicator of the business cycle that […]
Read moreApril 13, 2014 7:30 am
During Friday’s trading session USD/NOK traded within the range of 5.9197-5.9595 and closed at 5.9357. Fundamental view Retail sales in the United States probably increased 0.8% in March on a monthly basis, according to the median forecast by experts. In February sales rose 0.3%. The report on retail sales reflects the dollar value of merchandise […]
Read moreApril 13, 2014 7:11 am
During Friday’s trading session USD/SEK traded within the range of 6.5191-6.5469 and closed at 6.5325. Fundamental view Retail sales in the United States probably increased 0.8% in March on a monthly basis, according to the median forecast by experts. In February sales rose 0.3%. The report on retail sales reflects the dollar value of merchandise […]
Read moreApril 12, 2014 2:31 pm
During Friday’s trading session AUD/USD traded within the range of 0.9364-0.9426 and closed at 0.9398. Fundamental view Retail sales in the United States probably increased 0.8% in March on a monthly basis, according to the median forecast by experts. In February sales rose 0.3%. The report on retail sales reflects the dollar value of merchandise […]
Read more