March 25, 2015 9:15 am
Yesterday’s trade saw USD/CAD within the range of 1.2426-1.2549. The daily low has also been the lowest level since March 5th, when a low of 1.2405 was recorded. The pair closed at 1.2494, down 0.24% on a daily basis and marking a third consecutive daily loss. At 9:12 GMT today USD/CAD was down 0.02% for […]
Read moreMarch 25, 2015 8:38 am
Yesterdays trade saw EUR/USD within the range of 1.0889-1.1032. The daily high has also been the highest level since March 18th, when a high of 1.1033 was recorded. The pair closed at 1.0926, down 0.18% on a daily basis, or the first loss in four trading days. At 8:32 GMT today EUR/USD was up 0.27% […]
Read moreMarch 25, 2015 8:23 am
Gold traded on Wednesday near a two-and-half-week high following five sessions of gains fueled by mounting expectations of a delayed U.S. interest rate hike. Comex gold for delivery in April was up 0.08% at $1 192.4 per troy ounce at 8:06 GMT, shifting in a daily range of $1 193.4 and $1 186.1. The precious […]
Read moreMarch 25, 2015 7:56 am
Yesterdays trade saw EUR/GBP within the range of 0.7300-0.7375. The daily high has also been the highest level since February 23rd, when a high of 0.7409 was recorded. The pair closed at 0.7357, rising 0.49% on a daily basis and marking a third straight daily gain. At 7:46 GMT today EUR/GBP was down 0.07% for […]
Read moreMarch 24, 2015 12:56 pm
Hutchison Whampoa Ltd is close to striking a deal with Telefonica to acquire its British cellphone operator O2 for around £10.25 billion. Owned by the richest man in Asia Li Ka-shing, the company intends to merge O2 with its existing mobile business Three in order to create the biggest mobile operator in Britain. According to […]
Read moreMarch 24, 2015 10:38 am
A minor shareholder of Vivendi is pushing the French media group to spin off its Universal Music Group unit and to return a total of €9 billion in the form of a special dividend. The U.S. hedge fund P. Schoenfeld Asset Management, which owns slightly less than 1% of Vivendi shares, has sent a letter […]
Read moreMarch 24, 2015 9:03 am
Sweden’s Hennes & Mauritz AB reported first-quarter profit above expectations, but the worlds second-largest fashion retailer warned that the robust dollar may dent future performance. The company stated a pre-tax profit of 4.7 billion Swedish crowns in the three months ended February 28, up from the SEK 3.49 billion reported a year ago. In comparison […]
Read moreMarch 24, 2015 9:03 am
Yesterday’s trade saw USD/CAD within the range of 1.2493-1.2616. The pair closed at 1.2524, down 0.48% on a daily basis and extending losses from Friday. At 8:58 GMT today USD/CAD was down 0.20% for the day to trade at 1.2497. The pair touched a daily low at 1.2486 at 8:38 GMT. Fundamentals United States Consumer […]
Read moreMarch 24, 2015 8:45 am
Yesterdays trade saw GBP/USD within the range of 1.4837-1.4990. The pair closed at 1.4952, up 0.07% on a daily basis and extending gains from Friday. At 8:37 GMT today GBP/USD was up 0.03% for the day to trade at 1.4959. The pair touched a daily high at 1.4974 during early Asian trade. Fundamentals United Kingdom […]
Read moreMarch 24, 2015 8:07 am
Yesterdays trade saw EUR/USD within the range of 1.0766-1.0973. The pair closed at 1.0946, rising 1.12% on a daily basis and extending gains from Friday. At 8:03 GMT today EUR/USD was up 0.10% for the day to trade at 1.0956 in an attempt to test the earlier high. The pair touched a daily high at […]
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