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Forex Market: EUR/SEK daily forecast

June 12, 2014 6:16 am
During yesterday’s trading session EUR/SEK traded within the range of 9.0360-9.0727 and closed at 9.0656. At 6:10 GMT today EUR/SEK was gaining 0.08% for the day to trade at 9.0648. The pair touched a daily high at 9.0678 at 1:15 GMT. Fundamental view Sweden’s annualized index of consumer prices (CPI) probably decreased 0.1% in May, […] Read more

Forex Market: USD/JPY daily forecast

June 11, 2014 11:35 am
During yesterday’s trading session USD/JPY traded within the range of 102.22-102.50 and closed at 102.31. At 11:29 GMT today USD/JPY was losing 0.46% for the day to trade at 101.88. The pair touched a daily low at 101.87 at 11:28 GMT. Fundamental view The US Federal Budget Balance probably turned to deficit of $142.5 billion […] Read more

Forex Market: AUD/USD daily forecast

June 11, 2014 8:52 am
During yesterday’s trading session AUD/USD traded within the range of 0.9343-0.9384 and closed at 0.9370. At 8:45 GMT AUD/USD traded at 0.9388, gaining 0.17% for the day. The pair touched a daily high at 0.9396 at 8:20 GMT, breaching the first key resistance. Fundamental view The US Federal Budget Balance probably turned to deficit of […] Read more

Forex Market: NZD/USD daily forecast

June 11, 2014 8:40 am
During yesterday’s trading session NZD/USD traded within the range of 0.8494-0.8532 and closed at 0.8528. At 8:31 GMT today NZD/USD was adding 0.36% for the day to trade at 0.8558. The pair touched a daily high at 0.8567 at 8:15 GMT, breaching the two key resistances. Fundamental view The US Federal Budget Balance probably turned […] Read more

Forex Market: GBP/AUD daily forecast

June 11, 2014 7:15 am
During yesterday’s trading session GBP/AUD traded within the range of 1.7870-1.7987 and closed at 1.7875. At 7:10 GMT today GBP/AUD was losing 0.05% for the day to trade at 1.7868. The pair touched a daily low at 1.7839 at 5:10 GMT. Fundamental view The ILO unemployment rate in the UK probably fell to 6.7% in […] Read more

Forex Market: GBP/CAD daily forecast

June 11, 2014 7:04 am
During yesterday’s trading session GBP/CAD traded within the range of 1.8253-1.8343 and closed at 1.8253. At 7:00 GMT today GBP/CAD was losing 0.01% for the day to trade at 1.8270. The pair touched a daily low at 1.8242 at 2:20 GMT. Fundamental view The ILO unemployment rate in the UK probably fell to 6.7% in […] Read more

Forex Market: GBP/NZD daily forecast

June 11, 2014 6:53 am
During yesterday’s trading session GBP/NZD traded within the range of 1.9634-1.9786 and closed at 1.9640. At 6:48 GMT today GBP/NZD was losing 0.21% for the day to trade at 1.9612. The pair touched a daily low at 1.9578 at 6:15 GMT, breaching the first key support. Fundamental view The ILO unemployment rate in the UK […] Read more

Forex Market: GBP/JPY daily forecast

June 11, 2014 6:41 am
During yesterday’s trading session GBP/JPY traded within the range of 171.34-172.24 and closed at 171.34. At 6:35 GMT, GBP/JPY traded at 171.44, losing 0.05% for the day. The pair touched a daily low at 171.24 at 3:20 GMT. Fundamental view The ILO unemployment rate in the UK probably fell to 6.7% in the three months […] Read more

Forex Market: GBP/CHF daily forecast

June 11, 2014 6:23 am
During yesterday’s trading session GBP/CHF traded within the range of 1.5064-1.5119 and closed at 1.5067. At 6:20 GMT today GBP/CHF was gaining 0.06% for the day to trade at 1.5076. The pair touched a daily high at 1.5086 at 4:10 GMT. Fundamental view The ILO unemployment rate in the UK probably fell to 6.7% in […] Read more

Forex Market: EUR/USD extends losses following Erkki Liikanen’s comments

June 10, 2014 10:05 am
The euro extended losses against the US dollar, following the comments of the ECB Governing Council Member Erkki Liikanen that the central bank is determined to contain any risks that the low inflation could pose on price stability and economic recovery in the currency bloc. EUR/USD hit a session low at 1.3542 at 9:57 GMT, […] Read more