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Forex Market: USD/CHF daily forecast

June 26, 2014 7:03 am
During yesterday’s trading session USD/CHF traded within the range of 0.8908-0.8946 and closed at 0.8929. At 7:00 GMT today USD/CHF was losing 0.03% for the day to trade at 0.8925. The pair touched a daily low at 0.8922 at 6:05 GMT. Fundamental view The initial jobless claims in the US probably fell to 311 000 […] Read more

Forex Market: EUR/USD daily forecast

June 26, 2014 6:55 am
During yesterday’s trading session EUR/USD traded within the range of 1.3600-1.3652 and closed at 1.3628. At 6:48 GMT today EUR/USD was adding 0.06% for the day to trade at 1.3637. The pair touched a daily high at 1.3641 at 6:42 GMT. Fundamental view The initial jobless claims in the US probably fell to 311 000 […] Read more

Forex Market: CHF/NOK daily forecast

June 26, 2014 6:35 am
During yesterday’s trading session CHF/NOK traded within the range of 6.8330-6.8967 and closed at 6.8701. At 6:28 GMT today CHF/NOK was gaining 0.05% for the day to trade at 6.8716. The pair touched a daily high at 6.8766 at 6:00 GMT. Fundamental view The rate of unemployment in Norway probably came in at 3.4% during […] Read more

Forex Market: USD/NOK daily forecast

June 26, 2014 6:23 am
During yesterday’s trading session USD/NOK traded within the range of 6.1073-6.1495 and closed at 6.1341. At 6:18 GMT today USD/NOK was gaining 0.04% for the day to trade at 6.1340. The pair touched a daily high at 6.1358 at 6:00 GMT. Fundamental view United States The initial jobless claims in the US probably fell to […] Read more

Forex Market: EUR/NOK daily forecast

June 26, 2014 6:11 am
During yesterday’s trading session EUR/NOK traded within the range of 8.3111-8.3866 and closed at 8.3597. At 6:05 GMT today EUR/NOK was gaining 0.11% for the day to trade at 8.3653. The pair touched a daily high at 8.3678 at 6:03 GMT. Fundamental view The rate of unemployment in Norway probably came in at 3.4% during […] Read more

Forex Market: AUD/USD daily forecast

June 25, 2014 11:19 am
During yesterday’s trading session AUD/USD traded within the range of 0.9358-0.9431 and closed at 0.9364. At 11:17 GMT AUD/USD traded at 0.9364, losing 0.04% for the day. The pair touched a daily low at 0.9354 at 00:30 GMT. Fundamental view Durable goods orders in the US probably dropped 0.2% in May, following a 0.6% gain […] Read more

Forex Market: GBP/AUD daily forecast

June 25, 2014 8:03 am
During yesterday’s trading session GBP/AUD traded within the range of 1.8051-1.8147 and closed at 1.8134. At 7:59 GMT today GBP/AUD was losing 0.17% for the day to trade at 1.8101. The pair touched a daily low at 1.8098 at 7:57 GMT. Fundamental view At 10:00 GMT, the Confederation of British Industry will release the results […] Read more

Forex Market: GBP/JPY daily forecast

June 25, 2014 7:45 am
During yesterday’s trading session GBP/JPY traded within the range of 172.95-173.72 and closed at 173.07. At 7:39 GMT GBP/JPY traded at 172.81, losing 0.22% for the day. The pair touched a daily low at 172.74 at 7:10 GMT, breaching the first key support. Fundamental view At 10:00 GMT, the Confederation of British Industry will release […] Read more

AT&T Inc.’s share price down, acquisition of DirecTV to be closely observed due to bad record of keeping merger promises

June 25, 2014 7:28 am
The Chief Executive Officer of AT&T Inc. – Mr. Randall Stephenson explained before the Congress that an eventual merger with DirecTV will bring more bargaining power with television programmers. Mr. Stephenson added that such a collaboration can put “downward pressure” on prices. Some analysts and politicians think there may be too much consolidation in the […] Read more

Forex Market: GBP/NZD daily forecast

June 25, 2014 6:54 am
During yesterday’s trading session GBP/NZD traded within the range of 1.9490-1.9603 and closed at 1.9591. At 6:48 GMT today GBP/NZD was losing 0.16% for the day to trade at 1.9554. The pair touched a daily low at 1.9549 at 5:00 GMT. Fundamental view At 10:00 GMT, the Confederation of British Industry will release the results […] Read more