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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

Starbucks share price up, announces a two-for-one stock split

March 19, 2015 10:42 am
Starbucks Corp. plans to initiate its first stock split in nearly a decade on Wednesday after shares of the worlds largest coffee-house chain hit a record high last month. Over the past three years the value of the companys shares has increased more than 80% and the board decided its time for the sixth stock […] Read more

FedEx share price down, sees lower full-year earnings

March 19, 2015 9:18 am
FedEx Corps shares took a hit on Wednesday after the worlds largest cargo airline projected lower full-year earnings, despite a huge jump in third-quarter profit. The package delivery company reported a net income of $580 million, or $2.01 a share, for the three months ended February 28, up 53% compared to last years $378 million, […] Read more

Forex Market: USD/CAD daily trading forecast

March 19, 2015 8:54 am
Yesterday’s trade saw USD/CAD within the range of 1.2474-1.2836. The daily low has also been the lowest level since March 6th, when a low of 1.2453 was recorded. The pair closed at 1.2566, losing 1.74% on a daily basis. At 8:51 GMT today USD/CAD was up 0.86% for the day to trade at 1.2672. The […] Read more

Forex Market: GBP/USD daily trading forecast

March 19, 2015 8:33 am
Yesterday’s trade saw GBP/USD within the range of 1.4632-1.5149. The daily high has also been the highest level since March 6th, when a high of 1.5257 was recorded. The pair closed at 1.4978, gaining 1.58% on a daily basis. At 8:30 GMT today GBP/USD was down 1.21% for the day to trade at 1.4800. The […] Read more

Gold trading outlook: futures rise on Fed outcome

March 19, 2015 8:13 am
Gold edged up on Thursday to trade near its highest in nearly two weeks after the Federal Reserve outlined that interest rates in the worlds largest economy would grow slower than previously estimated. Comex gold for delivery in April was up 1.34% at $1 166.7 per troy ounce at 7:52 GMT, shifting in a daily […] Read more

Forex Market: EUR/USD daily trading forecast

March 19, 2015 8:09 am
Yesterday’s trade saw EUR/USD within the range of 1.0579-1.0993. The daily high has also been the highest level since March 6th, when a high of 1.1035 was recorded. The pair closed at 1.0866, up 2.54% on a daily basis and marking a third straight daily gain. At 8:06 GMT today EUR/USD was down 1.57% for […] Read more

Microsoft share price down, to launch Windows 10 this summer

March 18, 2015 12:22 pm
Microsoft Corp announced on Wednesday it will start distributing its latest operating system this summer as the technology giant teams up with top tier Chinese companies to fight widespread piracy in the country. During the Windows Hardware Engineering Community summit, Microsofts executive vice president Terry Myerson said that Windows 10 will launch in 190 countries […] Read more

Facebook share price up, to enable money transfers through Messenger app

March 18, 2015 10:17 am
Facebook is enabling its U.S. user base to send money to each other through its Messenger application as the social network pushes forward with peer-to-peer money transactions. The Menlo Park, California-based company announced on Tuesday that the new feature to its instant messaging service is expected to be released in the U.S. during the coming […] Read more