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Forex Market: GBP/USD daily outlook

March 25, 2014 8:25 am
During yesterday’s trading session GBP/USD traded within the range of 1.6466-1.6536 and closed at 1.6498. At 8:18 GMT today GBP/USD was losing 0.01% for the day to trade at 1.6497. The pair touched a daily low at 1.6482 at 7:45 GMT. Fundamental view The annualized index of consumer prices in the United Kingdom probably slowed […] Read more

Forex Market: USD/CHF daily outlook

March 25, 2014 8:10 am
During yesterday’s trading session USD/CHF traded within the range of 0.8788-0.8866 and closed at 0.8808. At 8:08 GMT today USD/CHF was losing 0.07% for the day to trade at 0.8802. The pair touched a daily low at 0.8801 at 8:07 GMT. Fundamental view Home values in 20 large cities throughout the United States probably rose […] Read more

Forex Market: GBP/CAD daily outlook

March 25, 2014 7:57 am
During yesterday’s trading session GBP/CAD traded within the range of 1.8456-1.8562 and closed at 1.8474. At 7:50 GMT today GBP/CAD was gaining 0.01% for the day to trade at 1.8469. The pair touched a daily high at 1.8481 at 6:35 GMT. Fundamental view The annualized index of consumer prices in the United Kingdom probably slowed […] Read more

Forex Market: EUR/CHF daily outlook

March 25, 2014 7:43 am
During yesterday’s trading session EUR/CHF traded within the range of 1.2172-1.2202 and closed at 1.2188. At 7:37 GMT today EUR/CHF was losing 0.02% for the day to trade at 1.2187. The pair touched a daily low at 1.2182 at 6:05 GMT. Fundamental view The index of business climate in Germany probably dropped to 110.9 in […] Read more

Forex Market: EUR/GBP daily outlook

March 25, 2014 7:21 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8344-0.8391 and closed at 0.8387. At 7:14 GMT today EUR/GBP was gaining 0.02% for the day to trade at 0.8390. The pair touched a daily high at 0.8394 at 7:05 GMT. Fundamental view The index of business climate in Germany probably dropped to 110.9 in […] Read more

Forex Market: EUR/USD slips to daily lows after downbeat euro zone data

March 24, 2014 11:09 am
The euro dropped to daily lows against the US dollar on Monday, following the release of downbeat euro zone PMI data and after an ECB official reiterated that borrowing costs will remain at present record-low levels or even lower for a prolonged period of time. EUR/USD touched a session low at 1.3763 at 10:19 GMT, […] Read more

Forex Market: AUD/USD daily outlook

March 24, 2014 8:57 am
During Friday’s trading session AUD/USD traded within the range of 0.9037-0.9100 and closed at 0.9082. At 8:51 GMT today AUD/USD was gaining 0.28% for the day to trade at 0.9107. The pair touched a daily high at 0.9112 during early Asian trade. Fundamental view Manufacturing activity in the United States probably slowed down in March. […] Read more