FIBO Group - Forex Forecasts

FIBO Group
Pound looks to $1.3500

British pound continues to surge today against its US counterpart, following on from yesterday’s gains on the back of booming inflation...

FIBO Group
Gold may go much higher

Gold is powering ahead following on from gains of more than $20 yesterday after a missile test from North Korea greatly increased the chances...

FIBO Group
Pound may be at a bottom

British pound has drifted lower midway through the European session, brushing off better than expected retail sales figures but some predict...

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FIBO Group
Possible conflict boosts gold

The gold price is on the rise today after comments by US president Donald `Trump about North Korea which increased the chances of a military conflict...

FIBO Group
Pound may be sold off

The British Pound is trading higher for a 6th straight session today as the market awaits the latest interest rate decision from the Bank of England followed by a monitory press conference....

FIBO Group
Gold looking good technically

The gold price has racked up its fourth straight day of gain in early European trading today after Yesterday’s speech by Fed president Janet Yellen...


FIBO Group
Pound ready to run

The physiological mood may be changing with the British pound as we can see on the chart as the retractions become smaller and the movements up become bigger...

FIBO Group
Australian dollar may reverse trend

The Australian dollar has taken a tumble in today’s trading session after a less than enthusiastic speech from the RBA had investors...

FIBO Group
Australian dollar may move higher

The Australian dollar has made a strong recovery in the last...

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FIBO Group
Pound to tumble on election results

The British pound is under pressure again today against the Euro as more polls released before election day show the opposition...

FIBO Group
Huge chance for gold

The Elections in the UK next week could be shaping up as a real boom for the Gold price as the gap narrows between Prime minister Theresa May...

FIBO Group
Pound breaks through $1.30

The British pound broke through the $1.30 mark today, its highest level in 8 months and some...


FIBO Group
Euro set to strengthen

The Euro is trading slightly lower against its US counterpart in today’s trading after rallying for the past few days...

FIBO Group
Gold to remain supported

The gold price has levelled off today after rising for the pass 5 trading...

FIBO Group
Australian dollar fails to find direction

The Australian dollar remains steady today after a round...

Australian dollar may hit US65c

The Australian dollar’s run as one of the best performing currencies this year may be coming to an end on the back of weaker commodity prices and rate cut expectations over the past week. At 7.29pm (GMT) the Aussie dollar was trading at US75.59c...

Gold may benefit from Trump

The gold price is powering ahead today, racking up its third consecutive day of gains as traders position themselves for a speech tonight by US President Donald Trump...

Golds rally may falter

The gold price has racked up its 2nd straight day of gains today on the back of US dollar weakness and doubts over an interest rate hike next month from the US Federal Reserve...


FIBO Group
Will France exit the euro?

The Euro has come under pressure late in the European session today, after analysts warned of the huge costs...

Oil ma pull back to $40

The oil price fell for the first time in 4 days today as skepticism creeped in over some OPEC member’s commitment to keep to their end of the deal and cut production...

Oil may remain above $50

The Oil price continued to push higher today reaching its highest level in over a year with some predicting that the OPEC deal reached yesterday was a game changer and further gains are expected...


Euro may hit parity with US dollar

The Euro was under further pressure today against the US dollar on the back of political instability in Italy and, bringing it closer to parity with its American counterpart...

Gold awaits CPI figures

The gold price briefly rallied in early trading on Friday on the back of weak US data but has since given up its gains as investors gear up for next week’s interest rate decision from the US Federal Reserve...

Oil price freeze speculation?

The oil price rose sharply today as Russia and Saudi Arabia agreed to start discussions on joint cooperation which may include a freeze on prices in the nearest future...


Electoral utopia will affect the US dollar exchange rate

The lull in the financial world seems to be alarming. For about half a month, the quotations of the major indexes have not changed significantly...

Gold to hit $1,500 ?

The gold price is trading slightly higher today as another major bank joined calls that the precious metal is heading higher in the nearest future...

Gloomy outlook for oil price

The price of oil continued to fall again today as expectations surfaced on more drilling activites from the US as well as a general oversupply of petroleum products on the market...


Euro keeps riding high

The Euro has continued its strength today breaking through the US1.13.00 mark still riding high after yesterday’s dovish statement from the US Federal Reserve...

Australian dollar higher after strong data

The Australian dollar is trading higher today after a round of solid local data as well as some promising figures out of China lent some support to the local currency...

  


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