March 30, 2015 6:49 am
Friday’s trade saw EUR/GBP within the range of 0.7263-0.7345. The pair closed at 0.7319, down 0.14% on a daily basis and extending losses from Thursday. It has also been the second loss in the past five trading days. The cross appreciated 1.12% for the whole week, marking a second consecutive week of gains. At 6:45 […]
Read moreMarch 29, 2015 9:35 am
Friday’s trade saw EUR/CHF within the range of 1.0422-1.0510. The pair closed at 1.0468, down 0.11% on a daily basis and extending losses from Thursday. It has also been the fourth loss in the past five trading days. The cross depreciated 0.82% for the whole week. On Monday (March 30th) EUR/CHF may be influenced by […]
Read moreMarch 28, 2015 1:42 pm
USD/CHF has been holding well above the 25-day (blue), the 50-day (red) and the 200-day (white) Exponential Moving Averages since February 27th, when the cross received support at the 50-day EMA. In early March the up move accelerated even more, with the Average Directional Index surging above its 50.00 level, which led to the cross […]
Read moreMarch 28, 2015 1:07 pm
Friday’s trade saw EUR/CAD within the range of 1.3520-1.3766. The daily low has also been the lowest level since March 20th, when a low of 1.3507 was recorded. The pair closed at 1.3729, soaring 1.05% on a daily basis, which marked a third gain in the past five trading days. The cross appreciated 1.07% for […]
Read moreMarch 27, 2015 1:13 pm
Yahoo! Inc announced on Thursday its board had authorized an additional $2 billion to its share-repurchasing program. According to a filling with the US Securities and Exchange Commission, the company has $726 million left of its $5-billion share buyback program announced in November 2013, before the new initiative kicks in. The new program, which is […]
Read moreMarch 27, 2015 10:40 am
Chevron announced on Friday that is aiming to sell its stake in Australias fuel company Caltex as the U.S. energy group slashes non-core assets in the wake of low oil prices. The company is looking to sell 135 million Caltex Australia shares, reflecting its 50% stake in the company. If successful the transaction would be […]
Read moreMarch 27, 2015 9:22 am
Toyota Motor Corp unveiled on Thursday details around its new manufacturing process which is based on sharing car components in order to reduce overall expenses. The Japanese automaker said that its new system, dubbed Toyota New Global Architecture, is aimed at manufacturing at least half of the companys production by 2020. Toyota also said that […]
Read moreMarch 27, 2015 9:00 am
Yesterdays trade saw EUR/USD within the range of 1.0855-1.1052. The daily high has also been the highest level since March 5th, when a high of 1.1116 was recorded. The pair closed at 1.0884, down 0.80% on a daily basis, or marking a second loss in the past four trading days. At 8:58 GMT today EUR/USD […]
Read moreMarch 27, 2015 8:15 am
Gold took a breather on Friday following seven days of gains after the Federal Reserve signaled caution about the recovery of the U.S. economy last week. Comex gold for delivery in April was down 0.40% at $1 200.0 per troy ounce at 7:53 GMT, shifting in a daily range of $1 205.6 and $1 199.3. […]
Read moreMarch 27, 2015 7:48 am
Yesterdays trade saw EUR/GBP within the range of 0.7317-0.7386. The pair closed at 0.7329, falling 0.60%, or the first loss in the past five trading days. At 7:44 GMT today EUR/GBP was down 0.26% for the day to trade at 0.7311. The pair touched a daily low at 0.7310 at 7:45 GMT. Fundamentals Euro Area […]
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