March 5, 2015 9:18 am
AbbVie Inc. announced it will purchase Pharmacyclics and its blockbuster cancer drug Imbruvica for about $21 million as the Chicago-based company looks to strengthened its presence in oncology. In a statement issued late Wednesday, AbbVie said it had agreed to pay $261.25 for each share of Pharmacyclics, following the approval of both boards of directors. […]
Read moreMarch 5, 2015 8:53 am
Gold slipped for a fourth session on Thursday as the precious metal failed to shake off pressure by strong US economic data. Comex gold for delivery in April was down 0.02% at $1 200.7 per troy ounce at 8:34 GMT, shifting in a daily range of $1 205.5-$1 198.8. The precious metal fell 0.29% on […]
Read moreMarch 5, 2015 8:29 am
Yesterday’s trade saw EUR/USD within the range of 1.1060-1.1187. The daily low has also been the lowest level since September 9th 2003, when a low of 1.1055 was recorded. The pair closed at 1.1079, losing 0.87% on a daily basis. At 8:24 GMT today EUR/USD was down 0.28% for the day to trade at 1.1047. […]
Read moreMarch 5, 2015 8:04 am
Yesterday’s trade saw EUR/GBP within the range of 0.7233-0.7282. The pair closed at 0.7258, losing 0.25% on a daily basis. At 7:55 GMT today EUR/GBP was down 0.12% for the day to trade at 0.7249. The pair touched a daily low at 0.7240 at 6:15 GMT. Fundamentals Euro area Italian GDP – final estimate The […]
Read moreMarch 4, 2015 9:23 am
Yesterday’s trade saw USD/CAD within the range of 1.2429-1.2545. The pair closed at 1.2496, losing 0.31% on a daily basis. At 9:21 GMT today USD/CAD was up 0.17% for the day to trade at 1.2517. The pair touched a daily high at 1.2518 at 9:13 GMT. Fundamentals United States Change in employment by ADP Employers […]
Read moreMarch 4, 2015 8:51 am
Yesterday’s trade saw EUR/USD within the range of 1.1153-1.1219. The daily low has also been the lowest level since January 26th, when a low of 1.1098 was recorded. The pair closed at 1.1176, losing 0.07% on a daily basis. At 8:49 GMT today EUR/USD was down 0.41% for the day to trade at 1.1130. The […]
Read moreMarch 4, 2015 8:08 am
Yesterday’s trade saw EUR/GBP within the range of 0.7256-0.7290. The pair closed at 0.7276, losing 0.05% on a daily basis. At 8:07 GMT today EUR/GBP was up 0.02% for the day to trade at 0.7276. The pair touched a daily high at 0.7281 at 7:10 GMT. Fundamentals Euro area Services PMI by Markit – final […]
Read moreMarch 3, 2015 2:42 pm
Glencore Plc reported on Tuesday results above expectations as robust performance of its commodities trading operations offset the slide in prices. The miner and commodity trader stated an adjusted net income of $4.29 billion for in 2014, down 7% compared to the previous year but better than the $4.08 billion average projection of the 18 […]
Read moreMarch 3, 2015 9:30 am
Yesterday’s trade saw CAD/JPY within the range of 95.36-95.99. The daily high has also been the highest level since February 18th, when a high of 96.37 was recorded. The pair closed at 95.83, up 0.09% on a daily basis and extending gains from Friday. At 9:27 GMT today CAD/JPY was down 0.09% for the day […]
Read moreMarch 3, 2015 8:57 am
Yesterday’s trade saw GBP/CAD within the range of 1.9198-1.9328. The pair closed at 1.9260, losing 0.11% on a daily basis. At 8:54 GMT today GBP/CAD was down 0.17% for the day to trade at 1.9230. The cross touched a daily low at 1.9217 at 8:25 GMT. Fundamentals United Kingdom Construction Purchasing Managers Index Activity in […]
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