January 23, 2015 8:00 am
Yesterday’s trade saw EUR/CHF within the range of 0.9842-1.0033. The pair closed at 0.9888, losing 0.77% on a daily basis, which also marked a third consecutive daily drop. At 7:54 GMT today EUR/CHF was down 0.08% for the day to trade at 0.9894. The pair touched a daily low at 0.9868 at 6:00 GMT. Fundamentals […]
Read moreJanuary 23, 2015 7:43 am
Yesterday’s trade saw EUR/GBP within the range of 0.7553-0.7677. The pair closed at 0.7570, losing 1.26% on a daily basis. At 7:37 GMT today EUR/GBP was down 0.11% for the day to trade at 0.7562. The pair touched a daily low at 0.7552 at 6:00 GMT. Fundamentals Euro zone Manufacturing and Services PMI – preliminary […]
Read moreJanuary 22, 2015 3:43 pm
Union Pacific Corp, announced on Thursday its quarterly profit increased above analysts expectations as the largest US railroad operator continued to benefit from higher freight rates. Net profit for the fourth quarter stood at $1.43 billion, up 22% compared to a year earlier. Earnings per share were $1.61, 27% better than the result posted in […]
Read moreJanuary 22, 2015 2:05 pm
Royal Bank of Scotland Group Plc announced on Thursday that it had reached an agreement with two peer-to-peer lending platforms to deliver more funding options to smaller businesses. RBS will start referring smaller clients to both Funding Circle and Assetz Capital, if the bank is “unable to financially help at the moment”. The move comes […]
Read moreJanuary 22, 2015 12:47 pm
Oracle Corp. announced a new marketing strategy on Wednesday that focuses on lower hardware prices in order to attract a wider area of clients. Chairman Larry Ellison unveiled the latest generation of the companys server systems at an event at Oracle’s headquarters in Redwood City, California. Mr. Ellison said the new addition to the companys […]
Read moreJanuary 22, 2015 10:46 am
EBay Corp announced on Wednesday it will reduce its workforce by 2 400 employees as the e-commerce giant makes arrangements to split from its enterprise division. The job cuts will represents around 7% of eBays total employees and will be primarily focused on eBays core marketplace unit. The layoffs would be completed by the end […]
Read moreJanuary 22, 2015 9:19 am
Microsoft Corp took on the future as it introduced its latest gadget alongside an upgrade for its Windows operating system, outlining the companys aim to compete at the high-end of the technology market. The HoloLens is a computer platform which projects holograms of objects and allows users to physically interact with them using their hands […]
Read moreJanuary 22, 2015 8:55 am
Gold slid on Thursday to trade below a five-month high amid stronger Asian equities and ahead of the European Central Banks announcement on a stimulus program. Comex gold for delivery in February fell 0.63% to $1 285.6 per troy ounce by 08:34 GMT, shifting in a daily range of $1 283.3 – $1 293.9. The […]
Read moreJanuary 22, 2015 8:38 am
Yesterday’s trade saw USD/CAD within the range of 1.2060-1.2395. The daily high has also been the highest level since April 23rd 2009. The pair closed at 1.2341, gaining 1.87% on a daily basis. At 8:34 GMT today USD/CAD was up 0.26% for the day to trade at 1.2373. The pair broke all three key weekly […]
Read moreJanuary 22, 2015 8:01 am
Yesterday’s trade saw EUR/USD within the range of 1.1540-1.1677. The pair closed at 1.1610, gaining 0.52% on a daily basis. On Wednesday the cross touched lows unseen since November 11th 2003 at 1.1539. At 7:58 GMT today EUR/USD was down 0.23% for the day to trade at 1.1582. The pair touched a daily low at […]
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