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Forex Market: AUD/USD falls before FOMC policy decision, ending two-day advance

March 19, 2014 9:25 am
Australian dollar traded lower against its US counterpart on Wednesday, snapping a two-day advance before the outcome of Federal Reserve Banks meeting on policy, while Chinese equities tumbled, which dampened prospects for Australias largest export partner. AUD/USD touched a session low at 0.9106 at 7:55 GMT, after which consolidation followed at 0.9114, falling 0.10% for […] Read more

Forex Market: EUR/GBP daily outlook

March 19, 2014 8:37 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8362-0.8400 and closed at 0.8393. At 8:07 GMT today EUR/GBP was losing 0.13% for the day to trade at 0.8387. The pair touched a session low at 0.8379 at 8:00 GMT. Fundamental view The number of jobless claims in the United Kingdom probably dropped by […] Read more

Forex Market: EUR/AUD Technical Analysis

March 19, 2014 7:44 am
During yesterdays trading session EUR/AUD traded within the range of 1.5212-1.5370 and closed at 1.5256. At 7:32 GMT today EUR/AUD was gaining 0.06% for the day to trade at 1.5279. The pair touched a session high at 1.5293 at 2:20 GMT. According to Binary Tribunes daily analysis, in case EUR/AUD manages to breach the first […] Read more

Forex Market: EUR/GBP erases daily gains as German economic sentiment disappoints

March 18, 2014 10:40 am
The euro erased its daily gains against the British pound on trading Tuesday, following a report to show economic sentiment in Germany and the Euro zone decreased considerably more than initially projected in March. EUR/GBP fell from a session high at 0.8385, recorded at 8:01 GMT, also the pairs highest point since December 27th, to […] Read more