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Forex Market: GBP/CAD daily forecast

April 8, 2014 7:31 am
During yesterday’s trading session GBP/CAD traded within the range of 1.8176-1.8275 and closed at 1.8232. At 7:29 GMT today GBP/CAD was losing 0.03% for the day to trade at 1.8215. The pair touched a daily low at 1.8207 at 7:24 GMT. Fundamental view United Kingdom Annualized industrial output in the United Kingdom probably expanded 2.2% […] Read more

Forex Market: EUR/CAD daily forecast

April 8, 2014 7:14 am
During yesterday’s trading session EUR/CAD traded within the range of 1.5027-1.5120 and closed at 1.5086. At 7:13 GMT today EUR/CAD was losing 0.16% for the day to trade at 1.5054. The pair touched a daily low at 1.5050 at 7:12 GMT. Fundamental view Annualized number of housing starts in Canada probably decreased to 192 000 […] Read more

Forex Market: USD/CHF daily forecast

April 8, 2014 6:47 am
During yesterday’s trading session USD/CHF traded within the range of 0.8872-0.8924 and closed at 0.8878. At 6:44 GMT today USD/CHF was losing 0.04% for the day to trade at 0.8876. The pair touched a daily low at 0.8872 at 6:11 GMT. Fundamental view Annualized retail sales in Switzerland probably rose at a pace of 0.9% […] Read more

Forex Market: EUR/GBP daily forecast

April 8, 2014 6:35 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8262-0.8285 and closed at 0.8274. At 6:33 GMT today EUR/GBP was losing 0.05% for the day to trade at 0.8270. The pair touched a daily low at 0.8268 at 6:32 GMT. Fundamental view The deficit on Frances trade balance probably shrank to 4.900 billion EUR […] Read more

Forex Market: EUR/CHF daily forecast

April 8, 2014 6:23 am
During yesterday’s trading session EUR/CHF traded within the range of 1.2196-1.2225 and closed at 1.2200. At 6:21 GMT today EUR/CHF was losing 0.05% for the day to trade at 1.2195, which currently is the pairs lowest point on trading Tuesday. Fundamental view The deficit on Frances trade balance probably shrank to 4.900 billion EUR during […] Read more

Forex Market: USD/RUB surges the most in a week amid pro-Russian protests in Ukraine

April 7, 2014 2:47 pm
The Russian ruble fell the most in almost a week as pro-Russian protests in three eastern Ukrainian cities, prompted the Ukrainian authorities to accuse Russian President Vladimir Putin of fueling separatist disorder. USD/RUB touched a daily high at 35.751 at 11:15 GMT, after which consolidation followed at 35.619, adding 0.74% for the day. Support was […] Read more

Forex Market: USD/NOK retains losses on upbeat Norwegian industrial production

April 7, 2014 9:56 am
The Norwegian krone traded little changed, after advancing for two weeks against the US dollar as data showed industrial output in Norway rose more than expected in February, boosting demand for the Scandinavian currency. USD/NOK hit a session low at 5.9895 at 08:00 GMT, after which consolidation followed at 6.0015, adding 0.02% for the day. […] Read more

Forex Market: USD/NOK daily forecast

April 7, 2014 7:53 am
During Friday’s trading session USD/NOK traded within the range of 5.9749-6.0172 and closed at 6.0001. At 7:45 GMT today USD/NOK was unchanged for the day to trade at 6.0001. The pair touched a daily low at 5.9901 at 0:45 GMT. Fundamental view Manufacturing output in Norway, an indicator measuring the change in the total inflation-adjusted […] Read more