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Forex Market: USD/JPY daily forecast

April 15, 2014 11:27 am
During yesterday’s trading session USD/JPY traded within the range of 101.42-102.01 and closed at 101.92. At 11:23 GMT today USD/JPY was gaining 0.01% for the day to trade at 101.87. The pair touched a daily high at 102.00 at 03:30 GMT. Fundamental view The cost of living in the US probably increased 1.4% in March […] Read more

Forex Market: USD/MXN daily forecast

April 15, 2014 10:01 am
During yesterday’s trading session USD/MXN traded within the range of 13.0164-13.0986 and closed at 13.0259. At 09:53 GMT today USD/MXN was gaining 0.14% for the day to trade at 13.0408. The pair touched a daily high at 13.0520 at 07:20 GMT. Fundamental view The cost of living in the US probably increased 1.4% in March […] Read more

Forex Market: GBP/CAD daily forecast

April 15, 2014 7:29 am
During yesterday’s trading session GBP/CAD traded within the range of 1.8305-1.8391 and closed at 1.8348. At 7:26 GMT today GBP/CAD was adding 0.01% for the day to trade at 1.8339. The pair touched a daily high at 1.8365 at 6:20 GMT. Fundamental view The cost of living in the UK probably rose 1.6% in March […] Read more

Forex Market: EUR/GBP daily forecast

April 15, 2014 7:16 am
During Monday’s trading session EUR/GBP traded within the range of 0.8253-0.8283 and closed at 0.8260. At 07:14 GMT today EUR/GBP was adding 0.15% for the day to trade at 0.8274. The pair touched a daily high at 0.8279 at 07:09 GMT. Fundamental view The cost of living in the UK probably rose 1.6% in March […] Read more

Forex Market: USD/CHF daily forecast

April 15, 2014 6:55 am
During Monday’s trading session USD/CHF traded within the range of 0.8764-0.8806 and closed at 0.8804. At 06:45 GMT today USD/CHF was gaining 0.07% for the day to trade at 0.8804. The pair touched a daily high at 0.8807 at 06:30 GMT. Fundamental view The index of producer and import prices in Switzerland probably declined 0.8% […] Read more

Forex Market: USD/CAD retains losses ahead of BoC’s interest rate decision

April 14, 2014 2:23 pm
The loonie, as the Canadian dollar is best known, retained gains against the US dollar despite upbeat US retail sales, as investors remained cautious ahead of Bank of Canadas interest rate decision scheduled to be released on Wednesday. USD/CAD touched a session low at 1.0942 at 14:11 GMT, after which the pair consolidated at 1.0954, […] Read more

Forex Market: EUR/CHF daily forecast

April 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 more

Forex Market: EUR/GBP daily forecast

April 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 more