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Forex Market: EUR/NOK daily forecast

April 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 more

Forex Market: EUR/CAD daily forecast

April 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 more

Forex Market: EUR/USD trading forecast for Monday

April 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 more

Forex Market: USD/NOK forecast for Monday

April 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 more

Forex Market: USD/SEK forecast for Monday

April 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 more

Forex Market: AUD/USD forecast for Monday

April 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

Forex Market: USD/TRY daily forecast

April 11, 2014 12:02 pm
During yesterday’s trading session USD/TRY traded within the range of 2.0927-2.1138 and closed at 2.1113. At 11:58 GMT today USD/TRY was gaining 0.72% for the day to trade at 2.1244. The pair touched a daily high at 2.1277 at 11:37 GMT, breaching the two resistance levels. Fundamental view United States’ annualized index of producer prices […] Read more

Forex Market: USD/MXN daily forecast

April 11, 2014 11:22 am
During yesterday’s trading session USD/MXN traded within the range of 12.9692-13.0681 and closed at 13.0487. At 11:19 GMT today USD/MXN was gaining 0.12% for the day to trade at 13.0780. The pair touched a daily high at 13.0822 at 11:20 GMT. Fundamental view United States United States annualized index of producer prices (PPI) probably rose […] Read more