Articles by: Miroslav Marinoff

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

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/AUD Technical Analysis

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: GBP/CAD tumbles to four-week lows after Canadian manufacturing sales report

British pound fell to lows unseen in four weeks against the Canadian dollar, following a report to show sales in Canadas sector of manufacturing rose more than projected in January. GBP/CAD fell to a session low at 1.8284 at 12:50 GMT, which has been the pairs lowest point since February 19th. At 13:48 GMT GBP/CAD […] Read more

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

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

Forex Market: AUD/JPY loses ground on increased safe haven demand

Australian dollar fell from session highs against the Japanese yen on trading Tuesday, as Russian President Vladimir Putins support of Crimeas request to join the Russian Federation triggered demand for safe haven assets, such as the yen. Having touched a daily high at 92.81 at 0:31 GMT, AUD/JPY lost 0.45% to trade at 92.06 at […] Read more

Forex Market: EUR/CHF trades little changed ahead of German, EZ economic sentiment data

The euro traded little changed against the Swiss franc on Tuesday before the ZEW Institute publishes data regarding economic sentiment in Germany and the Euro zone as a whole. EUR/CHF slipped to a daily low at 1.2150 at 7:50 GMT, after which consolidation followed at 1.2153, down a mere 0.02% for the day. Support was […] Read more

Forex Market: AUD/USD falls from one-week highs, RBA minutes signal period of steady rates

Having touched highs unseen in one week against its US counterpart earlier on Tuesday, following the release of the minutes of Reserve Bank of Australias recent policy meeting, the Aussie vanquished its daily gains. After hitting a daily high at 0.9110 at 0:31 GMT, also the highest point since March 7th, AUD/USD fell 0.18% to […] Read more

Forex Market: EUR/USD hits session highs, following EZ, US reports

The euro reached daily highs against the US dollar, as investors mulled economic data that came out of the Euro zone and the United States, while US President Barack Obama imposed sanctions on 7 top Russian government officials after the vote in the Crimean peninsula. EUR/USD climbed to a session high at 1.3948 at 14:10 […] Read more

Forex Market: USD/CAD pares daily losses as US industrial production expands the most since August

US dollar managed to trim its daily loss against the Canadian counterpart on Monday, following a report to reveal industrial output in the United States rose the most since last August and exceeded forecasts. USD/CAD reduced its daily loss to 0.26%, trading at 1.1077 at 13:48 GMT. The pair fell to a session low at […] Read more