January 30, 2015 8:07 am
Gold edged up on Friday but still headed for its worst weekly performance in two months as the US dollar firmed. Comex gold for delivery in February climbed 0.57% to $1 261.7 per troy ounce by 07:49 GMT, shifting in a daily range of $1 257.0 – $1 263.6. The precious metal lost 2.43% on […]
Read moreJanuary 30, 2015 7:46 am
Yesterday’s trade saw EUR/CHF within the range of 1.0197-1.0467. The pair closed at 1.0457, surging 2.32% on a daily basis. At 7:40 GMT today EUR/CHF was up 0.21% for the day to trade at 1.0474. The pair broke the first two key weekly resistance levels and touched a daily high at 1.0480 at 7:42 GMT. […]
Read moreJanuary 30, 2015 7:29 am
Yesterday’s trade saw EUR/GBP within the range of 0.7442-0.7528. The pair closed at 0.7517, gaining 0.80% on a daily basis. At 7:27 GMT today EUR/GBP was up 0.11% for the day to trade at 0.7520. The pair touched a daily high at 0.7527 at 7:05 GMT. Fundamentals Euro area Spanish Gross Domestic Product – preliminary […]
Read moreJanuary 29, 2015 4:10 pm
Ford Motor Co reported results above expectations on Thursday as the second-largest US carmaker benefited from stronger demand in Asia. The Michigan-based company stated full-year pretax profit of $6.3 billion, above expectations but down compared to the $8.6 billion reported in 2013. Net income stood at $3.2 billion versus $7.1 billion a year earlier. Ford […]
Read moreJanuary 29, 2015 2:25 pm
Nokia reported better-than-expected quarterly results on Thursday, but warned that increased competition will probably hurt profits in 2015. Net income for the fourth quarter stood at €443 million, or €0.11 a share, compared to a loss of €26 million a year earlier. In comparison analysts had projected net income of €325 million, or €0.09 a […]
Read moreJanuary 29, 2015 12:48 pm
Royal Dutch Shell reported on Thursday performance below expectations and announced a plan to reduce capital investments as a measure to counter falling oil prices. The Anglo-Dutch oil company reported profit of $3.26 billion, excluding identified items, better that the $2.91 billion in the fourth quarter of 2013, but down compared to the $5.85 billion […]
Read moreJanuary 29, 2015 10:40 am
Facebook Inc reported on Wednesday quarterly performance that exceeded projections as the social network continued to benefit from increased mobile advertising. Revenue for the three months ended December 31 climbed to $3.85 billion, compared to the $2.59 billion reported in the fourth quarter of 2013. In comparison analysts had projected revenue of $3.80 billion. Facebooks […]
Read moreJanuary 29, 2015 9:10 am
Amazon.com Inc introduced on Wednesday a cloud-based corporate e-mail and scheduling service as a rival for Googles Gmail and Mirosofts Exchange. The service, dubbed WorkMail, is aimed at the corporate clients segment, which is mostly controlled by Microsoft. The move also outlines another step for Amazon in transitioning from an e-commerce giant to a provider […]
Read moreJanuary 29, 2015 9:02 am
Yesterday’s trade saw USD/MXN within the range of 14.6170-14.6588. The pair closed at 14.6497, up 0.21% for the day and marking a second consecutive daily gain. At 8:58 GMT today USD/MXN was down 0.04% for the day to trade at 14.7478. The pair touched a daily low at 14.7218 during Asian trade. Fundamentals United States […]
Read moreJanuary 29, 2015 8:25 am
Yesterday’s trade saw EUR/USD within the range of 1.1223-1.1422. The pair closed at 1.1381, gaining 1.26% on a daily basis. At 8:21 GMT today EUR/USD was down 0.06% for the day to trade at 1.1283. The pair touched a daily low at 1.1262, the first key daily support, at 5:25 GMT. Fundamentals German unemployment change […]
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