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Forex Market: EUR/CHF daily trading forecast

November 19, 2014 7:25 am
Yesterday’s trade saw EUR/CHF within the range of 1.1993-1.2024. The pair closed at 1.2012, losing 0.01% on a daily basis. At 7:23 GMT today EUR/CHF was unchanged for the day to trade at 1.2012. The pair touched a daily low at 1.2011 at 7:05 GMT. Fundamentals Euro zone Euro zone Current account The surplus on […] Read more

Forex Market: EUR/GBP daily trading forecast

November 19, 2014 7:15 am
Yesterday’s trade saw EUR/GBP within the range of 0.7952-0.8022. The pair closed at 0.8019, gaining 0.74% on a daily basis. At 7:12 GMT today EUR/GBP was down 0.04% for the day to trade at 0.8014. The pair touched a daily low at 0.8012 at 7:05 GMT. Fundamentals Euro zone Euro zone Current account The surplus […] Read more

Home Depot share price, posts better-than-expected profit on customer growth

November 18, 2014 2:32 pm
Home Depot Inc, the largest U.S. home-improvement retailer, reported Q3 profit that beat analysts expectations as improved U.S. job market motivated consumers to spend more. Sales for the three months ended November 2 increased 5.4% to $20.52 billion, compared with last years result of $19.47 billion. Performance was boosted by a 3.2% growth in transactions […] Read more

Forex Market: USD/BRL daily trading forecast

November 18, 2014 9:39 am
Yesterday’s trade saw USD/BRL within the range of 2.5802-2.6193. The pair closed at 2.6081, gaining 0.24% on a daily basis. At 9:36 GMT today USD/BRL was unchanged for the day to trade at 2.6082. The pair touched a daily low at 2.6078. Fundamentals United States Producer prices United States’ annualized producer price inflation probably slowed […] Read more

SunEdison share price down, agrees to acquire FirstWind and take the top power spot

November 18, 2014 9:30 am
SunEdison Inc announced it will purchase privately-owned FirstWind, expanding its portfolio types of renewable-energy and turning into the world’s largest developer of wind and solar power. SunEdison said it will share the acquisition with its 64% owned TerraForm Power unit. The parent company will spend $1 billion for obtaining a portfolio of wind power development […] Read more

Forex Market: GBP/USD daily trading forecast

November 18, 2014 8:38 am
Yesterday’s trade saw GBP/USD within the range of 1.5618-1.5737. The pair closed at 1.5641, losing 0.15% on a daily basis. At 8:35 GMT today GBP/USD was up 0.09% for the day to trade at 1.5654. The pair touched a daily high at 1.5666. Fundamentals United Kingdom Consumer inflation The cost of living in the United […] Read more

Honda share price up, delays the release of its fuel-cell vehicle

November 18, 2014 8:08 am
Honda Motor Co Ltd postponed the launch of its hydrogen fuel-cell car as it deals with increased number of safety recalls. Honda announced it will release its first fuel-cell car on the Japanese market by the end of March 2016. The technology uses hydrogen to power up the car and emits only vapor and heat. […] Read more