Forex Market View for November 26, 2014

  Forex Market View for November 26, 2014   USD/CAD succeeded to swiftly revisit to the positive territory. Durable Goods increased 0.4% in its lead announcement, although it narrowed 0.9% minus the Transportation sector, Initial Claims rose to 313K.The currency pair is currently up 0.09% at 1.1264 with the subsequent barrier at 1.1316 followed by… Read More »

Forex Market View for November 25, 2014

  Forex Market View for November 25, 2014   AUD/USD fell more once the announcement of US economic and made a new 4-low at 0.8512 losing 150 pips against the US dollar and is currently moved towards the lowermost daily close since July 7, 2010. GBP/USD to run-through new session tops outside 1.5700 the number.… Read More »

Forex Market View for November 24, 2014

Forex Market View for November 24, 2014   Crude oil prices in the US weakened as the traders assessed the result of the OPEC meeting on Nov. 27. January delivery is trading 0.61% down at USD 76.04/barrel 76.94 reached before today as the OPEC consortium remains split over the subject of decreasing production in order… Read More »

Forex Market View for November 21, 2014

Forex Market View for November 21, 2014 Brent oil climbed beyond USD 80 levels after China’s rate cut and on rumor that Oil and Petroleum Exporting Countries (OPEC) group may slash production next week. January delivery traded 1.34% better at USD 80.40/barrel. AUD/USD is trading at 0.8699, up 0.81% on the day AUD/USD is totally… Read More »