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Forex Market: GBP/USD trading forecast for Monday

March 22, 2015 7:59 am
Friday’s trade saw GBP/USD within the range of 1.4720-1.4990. The pair closed at 1.4951, gaining 1.35% on a daily basis. The cross appreciated 1.40% for the whole week, which followed two consecutive weeks of losses. This has also been the most considerable weekly gain since the week starting February 9th 2014, when the pair rose […] Read more

Forex Market: GBP/JPY trading forecast for Monday

March 21, 2015 8:44 am
Friday’s trade saw GBP/JPY within the range of 177.87-180.12. The pair closed at 179.47, gaining 0.71% on a daily basis. On Wednesday (March 18th) the cross registered a daily low of 177.09, which has been the lowest level since February 3rd. GBP/JPY appreciated 0.26% for the whole week, which followed two consecutive weeks of losses. […] Read more

HTC share price steady, CEO Peter Chou steps down

March 20, 2015 12:51 pm
HTC Corp. announced on Friday that co-founder and chairwoman Cher Wang will take the leading role at the Taiwanese smartphone maker following three years of disappointing sales results. Effective immediately Peter Chou will step down from the helm to lead product innovation as head of HTC Future Development Lab, the company said in a statement. […] Read more

Tesla share price down, to launch online upgrades for Model S

March 20, 2015 10:41 am
Tesla Motors Chief Executive Elon Musk announced on Thursday that the electric car maker will launch a wave of online upgrades for its Model S vehicles. Mr. Musk said that the company will start delivering software updates to its vehicles over the internet within the next two weeks. The first round of upgrades would be […] Read more

Amazon share price up, receives approval for outdoor drone testing

March 20, 2015 9:23 am
Amazon.com Inc was granted a regulatory approval to test its flying drones outdoors, a step forward for the e-commerce giants ambition to start air deliveries. On Thursday the Federal Aviation Administration allowed Amazon to begin testing its drones in open spaces by granting it the “experimental airworthiness certificate”. The largest e-commerce company in the U.S. […] Read more

Forex Market: USD/CAD daily trading forecast

March 20, 2015 9:09 am
Yesterday’s trade saw USD/CAD within the range of 1.2505-1.2760. The pair closed at 1.2719, gaining 1.22% on a daily basis. At 9:01 GMT today USD/CAD was down 0.31% for the day to trade at 1.2677. The pair touched a daily low at 1.2658 at 7:40 GMT. Fundamentals United States Fed Speakers The President of the […] Read more

Forex Market: EUR/CAD daily trading forecast

March 20, 2015 8:31 am
Yesterday’s trade saw EUR/CAD within the range of 1.3468-1.3677. The pair closed at 1.3558, down 0.71% on a daily basis, or the first loss in four trading days. At 8:28 GMT today EUR/CAD was down 0.16% for the day to trade at 1.3533. The pair touched a daily low at 1.3513 at 7:05 GMT. Fundamentals […] Read more

Gold trading outlook: futures extend Fed momentum

March 20, 2015 8:07 am
Gold edged up on Friday to trade near a two-week high as investors regained some confidence in the metal after the Federal Reserve indicated a slower pace of interest rate hikes. Comex gold for delivery in April was up 0.13% at $1 170.5 per troy ounce at 7:42 GMT, shifting in a daily range of […] Read more

Forex Market: EUR/USD daily trading forecast

March 20, 2015 7:53 am
Yesterday’s trade saw EUR/USD within the range of 1.0612-1.0915. The pair closed at 1.0660, falling 1.90% on a daily basis, or the first loss in four trading days. At 7:47 GMT today EUR/USD was up 0.19% for the day to trade at 1.0678. The pair touched a daily high at 1.0695 at 6:30 GMT. Fundamentals […] Read more

Next share price down, projects lower sales growth

March 19, 2015 1:02 pm
Next Plc lowered its full-year sales guidance on Thursday after Britains second-largest clothing retailer posted a healthy increase in annual profit. The company projected its Next Brand to deliver sales growth of between 1.5% and 5.5% in the financial year ending January 2016, down from its December forecast of revenue growth in the range of […] Read more