April 9, 2014 7:20 am
During yesterday’s trading session USD/MXN traded within the range of 12.9398-13.0733 and closed at 13.0721. At 7:10 GMT today USD/MXN was losing 0.05% for the day to trade at 13.0441. The pair touched a daily low at 13.0380 at 6:07 GMT. Fundamental view The annualized index of consumer prices (CPI) in Mexico probably slowed down […]
Read moreApril 9, 2014 6:46 am
During yesterday’s trading session EUR/SEK traded within the range of 8.9533-8.9786 and closed at 8.9631. At 6:44 GMT today EUR/SEK was losing 0.06% for the day to trade at 8.9568. The pair touched a daily low at 8.9547 at 6:02 GMT. Fundamental view At 7:30 GMT Sveriges Riksbank is expected to announce its decision on […]
Read moreApril 9, 2014 6:32 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8233-0.8276 and closed at 0.8236. At 6:29 GMT today EUR/GBP was losing 0.05% for the day to trade at 0.8233. The pair touched a daily low at 0.8232 at 6:28 GMT. Fundamental view The deficit on United Kingdoms trade balance probably narrowed to 9.200 billion […]
Read moreApril 9, 2014 6:20 am
During yesterday’s trading session USD/SEK traded within the range of 6.4880-6.5325 and closed at 6.4985. At 6:17 GMT today USD/SEK was gaining 0.06% for the day to trade at 6.5000. The pair touched a daily high at 6.5025 during the early phase of Asian trade. Fundamental view At 7:30 GMT Sveriges Riksbank is expected to […]
Read moreApril 8, 2014 1:14 pm
The loonie, as the Canadian dollar is best known, trimmed earlier gains, but hovered near the strongest level in seven weeks against its US counterpart, after data showed the number of housing starts in Canada declined to the weakest in more than four years and building permits fell last month. USD/CAD hit a session low […]
Read moreApril 8, 2014 12:15 pm
The euro rose for a second day against the US dollar, after ECB policy makers signaled deflation risks in the euro area are not imminent, reducing expectations the central bank will use some form of Quantitative easing (QE) to boost inflation in the currency bloc. EUR/USD hit a session high at 1.3784 at 11;30 GMT, […]
Read moreApril 8, 2014 9:44 am
During yesterday’s trading session USD/CAD traded within the range of 1.0962-1.1010 and closed at 1.0977. At 9:41 GMT today USD/CAD was losing 0.36% for the day to trade at 1.0933. The pair breached the first and the second key daily supports and touched a daily low at 1.0925 at 8:45 GMT. Fundamental view Annualized number […]
Read moreApril 8, 2014 9:08 am
The UK pound rose to the strongest level in almost four weeks against the US dollar, after official data showed UK industrial output rose at a faster-than-expected pace in February, led by a surge in manufacturing production, which advanced at the fastest annual pace since February 2011. GBP/USD hit a session high at 1.6713 at […]
Read moreApril 8, 2014 7:48 am
The yen advanced for a third day against the US dollar, hitting the highest level in more than a week, after the Bank of Japan refrained from adding extra stimulus as it tries to assess the impact of a controversial sales-tax increase introduced at the beginning of the month. USD/JPY hit a session low at […]
Read moreApril 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% […]
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