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Forex Market: EUR/CHF daily outlook

April 1, 2014 6:17 am
During yesterday’s trading session EUR/CHF traded within the range of 1.2171-1.2205 and closed at 1.2182. At 6:14 GMT today EUR/CHF was gaining 0.01% for the day to trade at 1.2184. The pair touched a daily high at 1.2186 at 5:35 GMT. Fundamental view Manufacturing activity in Switzerland probably slowed down last month, with the corresponding […] Read more

Forex Market: EUR/USD touches daily highs despite weak euro zone inflation

March 31, 2014 11:38 am
The euro rebounded from a one-month low against the US dollar on Monday, after preliminary data showed that inflation in the euro area fell to the weakest level since October 2009, which added to expectations the European Central Bank officials will take action as soon as this week to bolster the euro zones recovery, but […] Read more

Forex Market: USD/SEK daily outlook

March 31, 2014 8:38 am
During Friday’s trading session USD/SEK traded within the range of 6.4697-6.5060 and closed at 6.5029. At 8:39 GMT today USD/SEK was losing 0.04% for the day to trade at 6.5005. The pair touched a daily low at 6.4922 at 6:50 GMT. Fundamental view The monthly business activity survey for the area of Chicago may show […] Read more

Forex Market: NZD/USD hovers near 2-1/2-year highs on increasing risk appetite

March 31, 2014 8:29 am
The kiwi, as the New Zealand dollar is best known, hovered near the strongest level since August 2011 against its US counterpart amid speculation over possible stimulus measures in China, which heightened demand for higher-yielding currencies. NZD/USD hit a session high at 0.8678 during late Asian trade, after which the pair consolidated to trade little […] Read more

Forex Market: EUR/CAD daily outlook

March 31, 2014 7:49 am
During Friday’s trading session EUR/CAD traded within the range of 1.5079-1.5232 and closed at 1.5209. At 7:43 GMT today EUR/CAD was gaining 0.05% for the day to trade at 1.5216. The pair touched a daily high at 1.5230 during the early phase of Asian trade. Fundamental view Euro zone’s preliminary annualized index of consumer prices, […] Read more

Forex Market: USD/NOK daily outlook

March 31, 2014 7:21 am
During Friday’s trading session USD/NOK traded within the range of 5.9844-6.0260 and closed at 6.0069. At 7:17 GMT today USD/NOK was gaining 0.04% for the day to trade at 6.0092. The pair touched a daily high at 6.0136 at 6:55 GMT. Fundamental view Norways retail sales report for February is due out at 8:00 GMT. […] Read more

Forex Market: EUR/GBP daily outlook

March 31, 2014 7:00 am
During Friday’s trading session EUR/GBP traded within the range of 0.8246-0.8282 and closed at 0.8264. At 6:52 GMT today EUR/GBP was gaining 0.03% for the day to trade at 0.8266. The pair touched a daily high at 0.8270 at 6:00 GMT. Fundamental view Euro zone’s preliminary annualized index of consumer prices, evaluated in accordance with […] Read more