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Forex Market: EUR/USD trading forecast for Monday

November 23, 2014 8:11 am
Friday’s trade saw EUR/USD within the range of 1.2373-1.2571. The pair closed at 1.2390, losing 1.19% on a daily basis and 1.07% for the whole week. Fundamentals Euro zone German IFO Business Climate Business climate in Germany probably remained almost unchanged in November, with the respective gauge rising to 103.4 from 103.2 in September. The […] Read more

Forex Market: USD/SGD trading forecast for Monday

November 22, 2014 9:04 am
Friday’s trade saw USD/SGD within the range of 1.2957-1.3019. The pair closed at 1.2998, losing 0.04% on a daily basis, while gaining 0.19% for the whole week. Fundamentals United States Services PMI data by Markit Activity in the US sector of services was probably little changed in November, with the corresponding preliminary Purchasing Managers Index […] Read more

Foot Locker share price, posts better-than-expected Q3 profit

November 21, 2014 3:35 pm
Foot Locker Inc said its net income increased more than expected as the company waves its CEO goodbye. Ken Hicks, 61, announced that he would retire from its position as CEO at the end of the month and be replaced with Richard Johnson, Foot Lockers current chief operating officer. However, changes at the top of […] Read more

Hornby share price up, slashes losses in half on improved performance

November 21, 2014 1:35 pm
Hornby Plc, maker of Corgi toys, model trains and Scalextric sets, said it is back on the path to improvement, but still has a “long way to go” as the company reported a half-sized loss for the first six months of the financial year. The toymaker said losses decreased to £520 000 for the six […] Read more

JBS share price up, acquires Primo Group to push into Asia

November 21, 2014 11:01 am
Brazils JBS SA, the world’s biggest meat producer, unveiled a plan to increase deliveries to Asia as the company acquired Primo Group, the largest ham-and-bacon producer in Australia and New Zealand. The deal will also allow JBS to produce higher-priced processed foods and market them on the Asian markets, where Primo already delivers. The move […] Read more

BNP Paribas share price up, cuts trading team amid unit restructuring

November 21, 2014 9:50 am
BNP Paribas SA laid off some of its U.S. high-yield bond trading and sales team, as the new head of corporate and investment banking reshapes the division. According to people close to the matter, BNP fired eight employees from its bond trading team. The job trims were made the same day that the largest French […] Read more

Forex Market: CAD/MXN daily trading forecast

November 21, 2014 8:35 am
Yesterday’s trade saw CAD/MXN within the range of 11.9779-12.0820. The pair closed at 12.0805, gaining 0.59% on a daily basis. At 8:27 GMT today CAD/MXN was down 0.09% for the day to trade at 12.0663. The pair touched a daily low at 12.0488 at 5:55 GMT. Fundamentals Canada The annualized consumer inflation in Canada probably […] Read more

AT&T share price down, to settle with California state over illegal waste

November 21, 2014 8:25 am
AT&T Inc will pay $23.8 million in civil penalties under a settlement with the California state over allegations of illegally dumping hazardous waste. The settlement is pending an approval by the Alameda County Superior Court and marks the first enforcement action in California versus a telecommunications company over improperly handled and disposed hazardous waste. General […] Read more

Forex Market: USD/MXN daily trading forecast

November 21, 2014 7:57 am
Yesterday’s trade saw USD/MXN within the range of 13.5730-13.6526. The pair closed at 13.6509, gaining 0.23% on a daily basis. At 7:55 GMT today USD/MXN was down 0.06% for the day to trade at 13.6450. The pair touched a daily low at 13.6366 at 7:46 GMT. Fundamentals Mexico Gross Domestic Product Mexicos annualized Gross Domestic […] Read more

Forex Market: USD/CAD daily trading forecast

November 21, 2014 7:33 am
Yesterday’s trade saw USD/CAD within the range of 1.1288-1.1370. The pair closed at 1.1300, losing 0.36% on a daily basis. At 7:30 GMT today USD/CAD was up 0.06% for the day to trade at 1.1311. The pair touched a daily high at 1.1314 during early Asian trade. Fundamentals Canada The annualized consumer inflation in Canada […] Read more