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Forex Market: GBP/NZD daily forecast

July 23, 2014 6:36 am
During yesterday’s trading session GBP/NZD traded within the range of 1.9635-1.9708 and closed at 1.9680. At 6:33 GMT today GBP/NZD was losing 0.15% for the day to trade at 1.9660. The pair touched a daily low at 1.9654 at 2:50 GMT. Fundamental view The number of approved loans for house purchases in the country probably […] Read more

Forex Market: EUR/GBP daily forecast

July 23, 2014 6:24 am
During yesterday’s trading session EUR/GBP traded within the range of 0.7890-0.7923 and closed at 0.7892. At 6:21 GMT today EUR/GBP was losing 0.03% for the day to trade at 0.7890. The pair touched a daily low at 0.7885 at 5:15 GMT, the pairs weakest level since August 22nd 2012. Fundamental view Euro zone The preliminary […] Read more

Forex Market: GBP/CHF daily forecast

July 23, 2014 6:15 am
During yesterday’s trading session GBP/CHF traded within the range of 1.5330-1.5401 and closed at 1.5394. At 6:07 GMT today GBP/CHF was gaining 0.02% for the day to trade at 1.5401. The pair touched a daily high at 1.5408 at 2:50 GMT. Fundamental view The number of approved loans for house purchases in the country probably […] Read more

Credit Suisse Group AG’s share price down, intends to exit commodities trading, after posting its biggest quarterly loss since 2008

July 22, 2014 12:08 pm
Credit Suisse Group AG announced that it intends to abandon commodities trading because it recently posted its largest quarterly loss since 2008 due to a 2.6-billion-dollar fine that was imposed on the bank as a settlement of a U.S. tax investigation. Credit Suisse Group AG also shared that its net loss over the second financial […] Read more

Forex Market: AUD/USD daily forecast

July 22, 2014 11:15 am
During yesterday’s trading session AUD/USD traded within the range of 0.9364-0.9398 and closed at 0.9364. At 11:10 GMT AUD/USD traded at 0.9387, adding 0.14% for the day. The pair touched a daily high at 0.9401 at 7:10 GMT, breaching the first key resistance. Fundamental view United States The cost of living in the US probably […] Read more

Forex Market: NZD/USD daily forecast

July 22, 2014 8:58 am
During yesterday’s trading session NZD/USD traded within the range of 0.8678-0.8720 and closed at 0.8678. At 8:52 GMT today NZD/USD was losing 0.22% for the day to trade at 0.8671. The pair touched a daily low at 0.8663 at 7:50 GMT, breaching the first key support. Fundamental view United States The cost of living in […] Read more

Forex Market: USD/MXN daily forecast

July 22, 2014 8:20 am
During yesterday’s trading session USD/MXN traded within the range of 12.9547-12.9835 and closed at 12.9740. At 8:14 GMT today USD/MXN was adding 0.05% for the day to trade at 12.9774. The pair touched a daily high at 12.9798 at 8:00 GMT. Fundamental view United States The cost of living in the US probably jumped 2.1% […] Read more

Forex Market: CAD/MXN daily forecast

July 22, 2014 7:02 am
During yesterday’s trading session CAD/MXN traded within the range of 12.054-12.094 and closed at 12.081. At 6:56 GMT today CAD/MXN was losing 0.03% for the day to trade at 12.073. The pair touched a daily low at 12.065 at 5:55 GMT. Fundamental view The annualized retail sales in Mexico probably advanced 1.1% in May from […] Read more

Forex Market: GBP/NZD daily forecast

July 22, 2014 6:43 am
During yesterday’s trading session GBP/NZD traded within the range of 1.9606-1.9670 and closed at 1.9668. At 6:38 GMT today GBP/NZD was adding 0.08% for the day to trade at 1.9666. The pair touched a daily high at 1.9692 at 4:40 GMT, breaching the first key resistance. Fundamental view United Kingdom The gauge of industrial orders […] Read more