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Forex Market: USD/NOK daily outlook

March 28, 2014 7:50 am
During yesterday’s trading session USD/NOK traded within the range of 5.9886-6.0724 and closed at 6.0022. At 7:47 GMT today USD/NOK was gaining 0.01% for the day to trade at 6.0012. The pair touched a daily high at 6.0069 at 6:35 GMT. Fundamental view The rate of unemployment in Norway probably remained unchanged at 2.9% in […] Read more

Forex Market: EUR/GBP daily outlook

March 28, 2014 7:31 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8263-0.8322 and closed at 0.8274. At 7:26 GMT today EUR/GBP was losing 0.03% for the day to trade at 0.8270. The pair touched a daily low at 0.8267 at 7:10 GMT. Fundamental view Euro zone French annualized index of consumer spending probably rose 0.9% in […] Read more

Forex Market: USD/SEK daily outlook

March 28, 2014 7:19 am
During yesterday’s trading session USD/SEK traded within the range of 6.4548-6.4905 and closed at 6.4786. At 7:17 GMT today USD/SEK was losing 0.07% for the day to trade at 6.4741. The pair touched a daily low at 6.4732 at 7:17 GMT. Fundamental view Swedens index of retail sales, based on a survey of companies specialized […] Read more

Forex Market: EUR/USD edges slightly lower following mixed US data

March 27, 2014 2:26 pm
The euro edged slightly lower against the US dollar, after data showed the number of initial jobless claims in the US fell to a 16-week low last week, while the economy expanded more rapidly in the final three months of 2013 than previously estimated as consumer spending jumped by the most in three years. However, […] Read more

Forex Market: GBP/USD daily outlook

March 27, 2014 8:51 am
During yesterday’s trading session GBP/USD traded within the range of 1.6510-1.6597 and closed at 1.6578. At 8:45 GMT today GBP/USD was losing 0.09% for the day to trade at 1.6566. The pair touched a daily low at 1.6556 at 8:23 GMT. Fundamental view United Kingdom Retail sales in the United Kingdom probably rose at a […] Read more

Forex Market: GBP/CAD daily outlook

March 27, 2014 8:25 am
During yesterday’s trading session GBP/CAD traded within the range of 1.8385-1.8502 and closed at 1.8401. At 8:23 GMT today GBP/CAD was losing 0.24% for the day to trade at 1.8364. The pair touched a daily low at 1.8360 at 8:13 GMT. Fundamental view Retail sales in the United Kingdom probably rose at a monthly pace […] Read more

Forex Market: USD/SEK daily outlook

March 27, 2014 8:07 am
During yesterday’s trading session USD/SEK traded within the range of 6.4025-6.4686 and closed at 6.4601. At 8:05 GMT today USD/SEK was gaining 0.09% for the day to trade at 6.4710. The pair touched a daily high at 6.4715 at 8:04 GMT. Fundamental view United States final annualized Gross Domestic Product probably expanded 2.7% during the […] Read more