March 9, 2015 8:31 am
Friday’s trade saw USD/CAD within the range of 1.2453-1.2629. The daily high has also been the highest level since February 24th, when a high of 1.2665 was recorded. The pair closed at 1.2622, surging 1.09% on a daily basis. At 8:28 GMT today USD/CAD was down 0.25% for the day to trade at 1.2591. The […]
Read moreMarch 9, 2015 8:22 am
Gold edged up on Monday following a week of declines which ended with the metals biggest daily drop since December 2013 after robust U.S. economic data bolstered expectations of a sooner interest rate hike. Comex gold for delivery in April was up 0.62% at $1 171.5 per troy ounce at 7:53 GMT, shifting in a […]
Read moreMarch 9, 2015 8:06 am
Friday’s trade saw GBP/CAD within the range of 1.8897-1.9062. The daily low has also been the lowest level since February 4th, when a low of 1.8788 was recorded. The pair closed at 1.8981, losing 0.26% on a daily basis. At 8:01 GMT today GBP/CAD was up 0.14% for the day to trade at 1.8993. The […]
Read moreMarch 9, 2015 7:47 am
Friday’s trade saw EUR/CAD within the range of 1.3617-1.3782. The daily low has also been the lowest level since July 30th 2013, when a low of 1.3595 was recorded. The pair closed at 1.3688, losing 0.62% on a daily basis. At 7:44 GMT today EUR/CAD was up 0.22% for the day to trade at 1.3690. […]
Read moreMarch 8, 2015 8:13 am
Friday’s trade saw EUR/GBP within the range of 0.7179-0.7242. The daily low has also been the lowest level since mid-December 2007. The pair closed at 0.7211, down 0.37% on a daily basis and marking a fourth straight daily loss. The cross fell 0.59% for the whole week, which also marked a fifth consecutive week of […]
Read moreMarch 7, 2015 3:03 pm
Friday’s trade saw EUR/CHF within the range of 1.0631 – 1.0759. The pair closed at 1.0695, losing 0.51% on a daily basis. The cross gained 0.21% for the whole week, which partially neutralized the loss from the week ended on February 27th. On Monday (March 9th) EUR/CHF may be influenced by a number of fundamentals, […]
Read moreMarch 6, 2015 4:06 pm
Staples Inc reported on Friday a quarterly loss due to lower customer demand, the stronger dollar and a charge related to its overseas units. For the three months ended January 31 the office-supply retail chain stated a net loss of $260.35 million, or $0.41 a share, compared to a profit of $212.4 million, or $0.33 […]
Read moreMarch 6, 2015 2:50 pm
Chinas Fosun International has purchased 5% stake in the British travel company Thomas Cook, the companies announced on Friday in separate statements. The largest private company in China said it had paid 125.75 pence a share or a total of £91.8 million for the Thomas Cook stake in, as it added another company of to […]
Read moreMarch 6, 2015 1:18 pm
The new wireless service from Google Inc is expected to only be compatible with the technology giants latest smartphone device, the Wall Street Journal reported. Googles new service, which would allow its users to switch between Wi-Fi and cellular networks, will work on the companys Nexus 6, the Journal said citing people familiar with the […]
Read moreMarch 6, 2015 10:57 am
SAP SE plans to reduce its workforce by around 3% as Europe’s largest software developer continue to shift its focus on providing services over the Internet. Around 2 250 of the companys total of 74 000 employees will part ways with SAP, according to Stefan Ries, head of human resources at the company. Mr. Rise […]
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