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Forex Market: GBP/USD daily trading forecast

October 28, 2014 9:32 am
Yesterday’s trade saw GBP/USD within the range of 1.6077-1.6147. The pair closed at 1.6120, gaining 0.18% on a daily basis. At 9:28 GMT today GBP/USD was down 0.14% for the day to trade at 1.6100. The pair touched a daily low at 1.6088 at 9:07 GMT. Fundamentals United States Orders for durable goods Durable goods […] Read more

Forex Market: USD/RUB daily trading forecast

October 28, 2014 9:12 am
Yesterday’s trade saw USD/RUB within the range of 41.777-42.309. The pair closed at 42.255, gaining 0.81% on a daily basis. At 9:04 GMT today USD/RUB was up 0.65% for the day to trade at 42.529. The pair broke the first key daily and the first key weekly resistance levels and touched a new all-time high […] Read more

Forex Market: USD/ZAR daily trading forecast

October 28, 2014 8:24 am
Yesterday’s trade saw USD/ZAR within the range of 10.9160-10.9953. The pair closed at 10.9398, losing 0.05% on a daily basis. At 8:18 GMT today USD/ZAR was up 0.08% for the day to trade at 10.9429. The pair touched a daily high at 10.9585 at 2:45 GMT. Fundamentals United States Orders for durable goods Durable goods […] Read more

Forex Market: EUR/SEK daily trading forecast

October 28, 2014 7:46 am
Yesterday’s trade saw EUR/SEK within the range of 9.1751-9.2841. The pair closed at 9.2677, gaining 0.88% on a daily basis. At 7:43 GMT today EUR/SEK was up 0.09% for the day to trade at 9.2690. The pair touched a daily high at 9.2790 at 7:00 GMT. Fundamentals Euro zone Italian Business Confidence Confidence among manufacturing […] Read more

Forex Market: EUR/CHF daily trading forecast

October 28, 2014 7:21 am
Yesterday’s trade saw EUR/CHF within the range of 1.2046-1.2079. The pair closed at 1.2057, losing 0.06% on a daily basis. At 6:22 GMT today EUR/CHF was down 0.01% for the day to trade at 1.2058. The pair touched a daily low at 1.2056 during early Asian trade. Fundamentals Euro zone Italian Business Confidence Confidence among […] Read more

Shire PLC share price up, reports growth in revenue and raises full-year forecast

October 27, 2014 12:40 pm
Shire PLC stated a record increase in sales and raised its full-year projection, shortly after AbbVie Inc. officially withdrew its takeover offer. The bio-pharmaceutical researcher said its pullback from the deal was largely due to changes in the U.S. tax system. These measures taken by the American government were previously pointed at as dealbreakers, like […] Read more

Forex Market: USD/MXN daily trading forecast

October 27, 2014 9:10 am
Friday’s trade saw USD/MXN within the range of 13.5120-13.5767. The pair closed at 13.5587, losing 0.03% on a daily basis. At 9:07 GMT today USD/MXN was up 0.18% for the day to trade at 13.5830. The pair touched a daily high at 13.5834 at 9:01 GMT. Fundamentals United States Services PMI by Markit – preliminary […] Read more

Forex Market: GBP/USD daily trading forecast

October 27, 2014 8:38 am
Friday’s trade saw GBP/USD within the range of 1.6015-1.6100. The pair closed at 1.6091, gaining 0.37% on a daily basis. At 8:34 GMT today GBP/USD was up 0.08% for the day to trade at 1.6096. The pair touched a daily high at 1.6108 at 2:55 GMT. Fundamentals United States Services PMI by Markit – preliminary […] Read more