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Forex Market: EUR/CAD daily trading forecast

November 21, 2014 7:15 am
Yesterday’s trade saw EUR/CAD within the range of 1.4147-1.4265. The pair closed at 1.4169, losing 0.48% on a daily basis. At 7:12 GMT today EUR/CAD was up 0.06% for the day to trade at 1.4185. The pair touched a daily high at 1.4205 at 3:40 GMT. Fundamentals Canada Consumer prices The annualized consumer inflation in […] Read more

Dollar Tree share price up, boosts outlook on best sales since 2011

November 20, 2014 3:57 pm
Dollar Tree Inc reported its biggest same-store sales growth since 2011 as the discount retailer raised its outlook and is nearing the acquisition of Family Dollar Stores Inc. Dollar Tree projected full-year earnings to range between $2.97 and $3.04 per share, up from its previous forecast of $2.94 and $3.06 per share. It also boosted […] Read more

ThyssenKrupp share price up, swings to profit and resumes dividends

November 20, 2014 2:41 pm
ThyssenKrupp AG promised to resume dividend payments as the company ended a three-year period of multi-billion losses, boosted by a strong growth in its capital goods unit. The German steel and elevator group stated net profit of €195 million for the fiscal year ended September 30, versus a loss of €1.6 billion a year earlier. […] Read more

Target share price up, posts better-than-expected Q3 profit

November 20, 2014 1:20 pm
Target Corp reported quarterly profit that surpassed expectations, including its first increase in U.S. same-store sales in four quarters. The retailer reported a 2.8% gain in revenue to $17.73 billion for the quarter ended November 1, compared with revenue of $17.25 billion in the same period a year ago. Net income for the quarter stood […] Read more

Vodafone share price down, bundled products may cripple profit

November 20, 2014 11:08 am
Vodafone Group PLCs CEO Vittorio Colao said that offering bundled television and broadband services may lead to declines in profit, as rivals use the same strategy to cut prices. Mr. Colao also mentioned than Vodafone may be forced to bid for TV rights just to keep up with the competition. British BT Group had started […] Read more

Goldman Sachs share price down, axes two employees over information leak

November 20, 2014 9:47 am
Goldman Sachs Group Inc fired two employees, after one of them allegedly accessed confidential information from the Federal Reserve Bank of New York. Goldman reported that in September it had fired Rohit Bansal, a junior employee, and then laid off his supervisor Joe Jiampietro, a senior banker in the financial institution. Goldman executives wrote that […] Read more

Forex Market: GBP/SEK daily trading forecast

November 20, 2014 9:10 am
Yesterday’s trade saw GBP/SEK within the range of 11.5036-11.6013. The pair closed at 11.5749, gaining 0.45% on a daily basis. At 9:07 GMT today GBP/SEK was up 0.01% for the day to trade at 11.5878. The pair touched a daily high at 11.6080 during early Asian trade. Fundamentals United Kingdom Retail Sales Annualized retail sales […] Read more

Forex Market: USD/ILS daily trading forecast

November 20, 2014 8:47 am
Yesterday’s trade saw USD/ILS within the range of 3.8220-3.8528. The pair closed at 3.8440, gaining 0.02% on a daily basis. At 8:44 GMT today USD/ILS was up 0.08% for the day to trade at 3.8470. The pair broke the first key weekly resistance level and touched a daily high at 3.8486 at 8:35 GMT. Fundamentals […] Read more

Apple share price down, to bundle Beats with iOS

November 20, 2014 8:23 am
Apple Inc will start distributing its iOS operating system-based devices with subscription to the music service it acquired from Beats, challenging the market leader in music streaming Spotify. According to people with knowledge of the matter, the implementation of the Beats service may start in March next year. Apple bought the headphone manufacturer earlier this […] Read more

Forex Market: GBP/USD daily trading forecast

November 20, 2014 8:18 am
Yesterday’s trade saw GBP/USD within the range of 1.5588-1.5721. The pair closed at 1.5682, gaining 0.31% on a daily basis. At 8:15 GMT today GBP/USD was down 0.12% for the day to trade at 1.5661. The pair touched a daily low at 1.5632 at 7:35 GMT. Fundamentals United Kingdom Retail Sales Annualized retail sales in […] Read more