December 15, 2014 9:05 am
Friday’s trade saw GBP/USD within the range of 1.5692-1.5748. The pair closed at 1.5720, losing 0.08% on a daily basis. At 8:58 GMT today GBP/USD was up 0.02% for the day to trade at 1.5720. The pair touched a daily high at 1.5747 at 7:15 GMT. Fundamentals United Kingdom CBI Industrial Orders The gauge of […]
Read moreDecember 15, 2014 8:30 am
Friday’s trade saw EUR/GBP within the range of 0.7870-0.7943. The pair closed at 0.7927, gaining 0.47% on a daily basis. At 8:27 GMT today EUR/GBP was down 0.7910 0.24% for the day to trade at 0.7910. The pair touched a daily low at 0.7908 at 8:20 GMT. Fundamentals United Kingdom CBI Industrial Orders The gauge […]
Read moreDecember 15, 2014 8:11 am
Both WTI and Brent increased on Monday, despite the United Arab Emirates announcement that OPEC would not reduce its output even if prices go as low as $40 per barrel. January US crude gained 0.59% on Monday to $58.15 per barrel by 08:00 GMT. Prices held in a daily range between $58.73 and $56.25 a […]
Read moreDecember 15, 2014 8:02 am
Friday’s trade saw USD/JPY within the range of 118.03-119.22. The pair closed at 118.80, gaining 0.11% on a daily basis. At 7:52 GMT today USD/JPY was down 0.35% for the day to trade at 118.37. The pair broke the first key support level and touched a daily low at 117.78 during early Asian trade. Fundamentals […]
Read moreDecember 15, 2014 7:29 am
Friday’s trade saw USD/CHF within the range of 0.9616-0.9700. The pair closed at 0.9641, losing 0.42% on a daily basis. At 7:18 GMT today USD/CHF was down 0.03% for the day to trade at 0.9634, which is also the current daily low. Fundamentals United States New York Empire States Manufacturing data The New York Empire […]
Read moreDecember 14, 2014 9:14 am
Both WTI and Brent futures decreased on Friday, marking four out of five trading sessions of declines during the week, as the oil market remained oversupplied on discounts from OPECs top three. WTI crude for delivery in January on the New York Mercantile Exchange lost 3.57% on Friday to settle the week 12.20% lower at […]
Read moreDecember 14, 2014 8:34 am
Friday’s trade saw EUR/USD within the range of 1.2382-1.2487. The pair closed at 1.2462, gaining 0.41% on a daily basis and 1.43% for the whole week. Fundamentals United States New York Empire States Manufacturing data The New York Empire State Manufacturing Index probably improved to a reading of 12.00 in December, according to the median […]
Read moreDecember 13, 2014 8:50 am
Natural gas increased on Friday, after swinging between losses and gains through the week as forecasts of incoming colder weather and bearish EIA report provided mixed data to traders. On the New York Mercantile Exchange, natural gas for delivery in January settled 4.43% higher on Friday at $3.795 per million British thermal units, but not […]
Read moreDecember 13, 2014 7:46 am
Friday’s trade saw USD/SGD within the range of 1.3085-1.3142. The pair closed at 1.3140, adding 0.08% on a daily basis, while losing 0.65% for the whole week, which followed seven consecutive weekly gains. Fundamentals United States New York Empire States Manufacturing data The New York Empire State Manufacturing Index probably improved to a reading of […]
Read moreDecember 12, 2014 1:00 pm
United Technologies Corp announced lower forecast for 2015, as the new CEO considers the value of existing business and the possibility of acquisitions. After the unannounced departure of Louis Chenevert, Greg Hayes took over as the new CEO of United Technologies. Following his appointment, Mr. Hayes admitted that investor returns had “not been very good” […]
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