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Forex Market: USD/MXN daily forecast

June 2, 2014 11:27 am
During yesterday’s trading session USD/MXN traded within the range of 12.8309-12.8723 and closed at 12.8600. At 11:22 GMT today USD/MXN was adding 0.02% for the day to trade at 12.8632. The pair touched a daily high at 12.8771 at 7:10 GMT. Fundamental view At 14:00 GMT the Institute for Supply Management (ISM) is to report […] Read more

Forex Market: USD/CAD daily forecast

June 2, 2014 11:18 am
During Friday’s trading session USD/CAD traded within the range of 1.0822-1.0868 and closed at 1.0845. At 11:13 GMT today USD/CAD was gaining 0.15% for the day to trade at 1.0861. The pair touched a daily high at 1.0864 at 10:53 GMT. Fundamental view At 14:00 GMT the Institute for Supply Management (ISM) is to report […] Read more

Forex Market: GBP/NZD daily forecast

June 2, 2014 8:03 am
During Friday’s trading session GBP/NZD traded within the range of 1.9652-1.9768 and closed at 1.9712. At 7:57 GMT today GBP/NZD was adding 0.38% for the day to trade at 1.9787. The pair touched a daily high at 1.9800 at 7:44 GMT, breaching the first key resistance. Fundamental view Manufacturing activity in the United Kingdom probably […] Read more

Forex Market: GBP/CAD daily forecast

June 2, 2014 7:51 am
During Friday’s trading session GBP/CAD traded within the range of 1.8109-1.8220 and closed at 1.8172. At 7:47 GMT today GBP/CAD was gaining 0.08% for the day to trade at 1.8187. The pair touched a daily high at 1.8191 at 6:55 GMT. Fundamental view Manufacturing activity in the United Kingdom probably remained unchanged in May, with […] Read more

Forex Market: EUR/JPY daily forecast

June 2, 2014 7:43 am
During Friday’s trading session EUR/JPY traded within the range of 138.09-138.88 and closed at 138.76. At 7:37 GMT today EUR/JPY was gaining 0.01% for the day to trade at 138.77. The pair touched a daily high at 139.13 at 3:40 GMT, breaching the first key resistance. Fundamental view The final manufacturing Purchasing Managers’ Index (PMI) […] Read more

Forex Market: EUR/USD daily forecast

June 2, 2014 7:00 am
During Friday’s trading session EUR/USD traded within the range of 1.3598-1.3650 and closed at 1.3634. At 6:54 GMT today EUR/USD was losing 0.01% for the day to trade at 1.3633. The pair touched a daily low at 1.3620 at 00:30 GMT. Fundamental view Euro zone The final manufacturing Purchasing Managers’ Index (PMI) in the Euro […] Read more

Forex Market: CAD/CHF daily forecast

June 2, 2014 6:47 am
During Friday’s trading session CAD/CHF traded within the range of 0.8230-0.8292 and closed at 0.8255. At 6:40 GMT today CAD/CHF was losing 0.04% for the day to trade at 0.8252. The pair touched a daily low at 0.8250 at 5:45 GMT. Fundamental view The SVME Purchasing Managers’ Index in Switzerland probably remained unchanged at 55.8 […] Read more

Forex Market: USD/CHF daily forecast

June 2, 2014 6:33 am
During Friday’s trading session USD/CHF traded within the range of 0.8934-0.8984 and closed at 0.8953. At 6:26 GMT today USD/CHF was adding 0.03% for the day to trade at 0.8956. The pair touched a daily high at 0.8962 at 1:30 GMT. Fundamental view Switzerland The SVME Purchasing Managers’ Index in Switzerland probably remained unchanged at […] Read more

Forex Market: USD/SEK daily forecast

June 2, 2014 6:19 am
During Friday’s trading session USD/SEK traded within the range of 6.6392-6.6951 and closed at 6.6883. At 6:14 GMT today USD/SEK was losing 0.05% for the day to trade at 6.6852. The pair touched a daily low at 6.6800 at 6:10 GMT. Fundamental view At 14:00 GMT the Institute for Supply Management (ISM) is to report […] Read more

Forex Market: GBP/CHF forecast for Monday

June 1, 2014 8:47 am
During Friday’s trading session GBP/CHF traded within the range of 1.4985-1.5041 and closed at 1.5000, losing 0.07% for the day and 0.50% for the week. Fundamental view United Kingdom Activity in United Kingdom’s sector of manufacturing probably slowed down in May, with the corresponding PMI coming in at a reading of 57.0, according to the […] Read more