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Forex Market: USD/CHF daily forecast

June 2, 2014 6:33 am
During Friday’s trading session USD/CHF traded within the range of 0.8934-0.8984 and closed at 0.8953. At 6:26 GMT today USD/CHF was adding 0.03% for the day to trade at 0.8956. The pair touched a daily high at 0.8962 at 1:30 GMT. Fundamental view Switzerland The SVME Purchasing Managers’ Index in Switzerland probably remained unchanged at […] Read more

Forex Market: USD/SEK daily forecast

June 2, 2014 6:19 am
During Friday’s trading session USD/SEK traded within the range of 6.6392-6.6951 and closed at 6.6883. At 6:14 GMT today USD/SEK was losing 0.05% for the day to trade at 6.6852. The pair touched a daily low at 6.6800 at 6:10 GMT. Fundamental view At 14:00 GMT the Institute for Supply Management (ISM) is to report […] Read more

Forex Market: GBP/CHF forecast for Monday

June 1, 2014 8:47 am
During Friday’s trading session GBP/CHF traded within the range of 1.4985-1.5041 and closed at 1.5000, losing 0.07% for the day and 0.50% for the week. Fundamental view United Kingdom Activity in United Kingdom’s sector of manufacturing probably slowed down in May, with the corresponding PMI coming in at a reading of 57.0, according to the […] Read more

Forex Market: EUR/AUD trading forecast for Monday

June 1, 2014 6:32 am
During Friday’s trading session EUR/AUD traded within the range of 1.4583-1.4678 and closed at 1.4646. Fundamental view The final manufacturing Purchasing Managers’ Index (PMI) in the Euro zone probably remained unchanged at 52.5 in May, matching the preliminary reading estimated on May 22, according to the median forecast by experts. The index is based on […] Read more

Forex Market: AUD/USD forecast for Monday

May 31, 2014 10:46 am
During Friday’s trading session AUD/USD traded within the range of 0.9289-0.9330 and closed at 0.9310, gaining 0.02% for the day and 0.86% for the week. Fundamental view Australia At 23:30 GMT on June 1st the Australian Industry Group (AIG) is expected to announce the results from its survey on short-term and intermediate-term conditions in the […] Read more

Forex Market: EUR/NZD trading forecast for Monday

May 31, 2014 7:27 am
During Friday’s trading session EUR/NZD traded within the range of 1.5974-1.6086 and closed at 1.6040. Fundamental view The final manufacturing Purchasing Managers’ Index (PMI) in the Euro zone probably remained unchanged at 52.5 in May, matching the preliminary reading estimated on May 22, according to the median forecast by experts. The index is based on […] Read more

Forex Market: USD/MXN daily forecast

May 30, 2014 11:23 am
During yesterday’s trading session USD/MXN traded within the range of 12.8260-12.8777 and closed at 12.8325. At 11:18 GMT today USD/MXN was adding 0.01% for the day to trade at 12.8410. The pair touched a daily high at 12.8524 at 7:25 GMT. Fundamental view The initial jobless claims in the US probably fell to 317 000 […] Read more

Forex Market: USD/CAD daily forecast

May 30, 2014 9:13 am
During yesterday’s trading session USD/CAD traded within the range of 1.0826-1.0878 and closed at 1.0839. At 9:09 GMT today USD/CAD was losing 0.07% for the day to trade at 1.0829. The pair touched a daily low at 1.0827 at 9:07 GMT. Fundamental view United States The initial jobless claims in the US probably fell to […] Read more

Forex Market: NZD/CAD daily forecast

May 30, 2014 9:02 am
During yesterday’s trading session NZD/CAD traded within the range of 0.9170-0.9252 and closed at 0.9200. At 8:54 GMT today NZD/CAD was losing 0.04% for the day to trade at 0.9194. The pair touched a daily low at 0.9187 during early Asian trading. Fundamental view Canada’s Gross Domestic Product probably expanded 0.1% in March compared to […] Read more

Forex Market: CAD/CHF daily forecast

May 30, 2014 8:13 am
During yesterday’s trading session CAD/CHF traded within the range of 0.8245-0.8287 and closed at 0.8285. At 8:07 GMT today CAD/CHF was losing 0.04% for the day to trade at 0.8282. The pair touched a daily low at 0.8272 at 7:20 GMT. Fundamental view Canada’s Gross Domestic Product probably expanded 0.1% in March compared to a […] Read more