January 27, 2015 8:14 am
Yesterday’s trade saw USD/CAD within the range of 1.2400-1.2492. The pair closed at 1.2475, gaining 0.13% on a daily basis. At 8:08 GMT today USD/CAD was up 0.01% for the day to trade at 1.2475. The pair touched a daily high at 1.2494 at 3:15 GMT. The daily high has also been the highest level […]
Read moreJanuary 27, 2015 7:57 am
Yesterday’s trade saw EUR/USD within the range of 1.1098-1.1297. 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 1.1239, gaining 0.87% on a daily basis. At 7:52 GMT today EUR/USD was up 0.10% for the day to trade at 1.1248. […]
Read moreJanuary 27, 2015 7:37 am
Yesterday’s trade saw EUR/SEK within the range of 9.2962-9.3687. The pair closed at 9.3306, gaining 0.21% on a daily basis. At 7:32 GMT today EUR/SEK was down 0.14% for the day to trade at 9.3269. The pair touched a daily low at 9.3224 at 7:20 GMT. Fundamentals Sweden Balance of trade Swedens balance of trade […]
Read moreJanuary 27, 2015 7:19 am
Yesterday’s trade saw EUR/GBP within the range of 0.7402-0.7508. The daily low has also been the lowest level since February 2008. The pair closed at 0.7453, gaining 0.28% on a daily basis. At 7:14 GMT today EUR/GBP was down 0.04% for the day to trade at 0.7451. The pair touched a daily low at 0.7436 […]
Read moreJanuary 26, 2015 4:03 pm
AT&T announced on Monday it had agreed to acquire bankrupt NII Holdings Nextel in a $1.88 billion deal as the second-largest US mobile-phone operator pushes further into the Mexican market. Under the deal AT&T will obtain all of NIIs properties in Mexico, including spectrum licenses, network assets and retail stores, AT&T said in statement. However, […]
Read moreJanuary 26, 2015 2:28 pm
Japanese trading house Marubeni Corp reduced its full-year net profit projections by a half on Monday citing write-downs caused by plunging commodities prices. Japans fifth-largest trading company said it now expects net profit for the financial year ending March 31 to stand at ¥110 billion, half of what it had initially projected last May. Marubeni […]
Read moreJanuary 26, 2015 1:00 pm
Axis Capital Holdings and PartnerRe announced on Sunday they have reached a $11-billion merger agreement to form one of the worlds biggest reinsurers. The new entity will rank within top five of the worlds largest reinsurers, with over $10 billion in gross premiums and $33 billion of invested assets and cash. The company would compete […]
Read moreJanuary 26, 2015 11:07 am
Aer Lingus Group Plc is weighting a higher takeover offer from British Airways owner, valuing the Irish company at €1.36 billion. The Dublin-based company confirmed on Monday that International Airlines Group has made a third takeover proposal. The deal includes a cash payment of €2.50 per share and a dividend of €0.05 a share, IAGs […]
Read moreJanuary 26, 2015 9:32 am
Two European pension funds wrote a letter for Oracle Corp, including concerns over the companys compensation structure and the boards inability to communicate with shareholders. Else Bos and Chris Hitchen, CEOs of Netherlands PGGM N.V. and Railways Pension Trustee Company Ltd, one of the biggest pension funds in the UK, respectively, have requested a meeting […]
Read moreJanuary 26, 2015 9:05 am
Friday’s trade saw USD/MXN within the range of 14.6042-14.7382. The pair closed at 14.6530, gaining 0.15% on a daily basis. At 9:02 GMT today USD/MXN was up 0.28% for the day to trade at 14.6899. The pair touched a daily high at 14.6957 during early Asian trade. Fundamentals Mexico Retail sales Mexican index of retail […]
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