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Forex Market: EUR/HKD trading forecast for Monday

October 19, 2014 7:48 am
Friday’s trade saw EUR/HKD within the range of 9.8856-9.9595. The pair closed at 9.9007, losing 0.38% on a daily basis, while gaining 1.06% for the whole week. Fundamentals Euro zone Euro zone current account The surplus on Euro zones current account probably shrank to 18.3 billion EUR in August from 32.3 billion EUR in July. […] Read more

Forex Market: EUR/CAD trading forecast for Monday

October 18, 2014 9:24 am
Friday’s trade saw EUR/CAD within the range of 1.4317-1.4433. The pair closed at 1.4393, losing 0.18% on a daily basis, while gaining 1.77% for the whole week. Fundamentals Euro zone Euro zone current account The surplus on Euro zones current account probably shrank to 18.3 billion EUR in August from 32.3 billion EUR in July. […] Read more

UnitedHealth share price up, posts upbeat Q3 profits and raises full-year forecast

October 18, 2014 8:47 am
UnitedHealth Group Inc., the biggest US health insurance company by sales, said third-quarter profit topped analysts estimates as more consumers chose to sign up for Medicaid under Obamacare. The Minnesota-based company said third-quarter revenue grew 7%, up to $32 billion year-to-year. Net income also rose 7% to $1.63 per share, surpassing predictions of $1.53 earnings […] Read more

Airbus Group NV share price up, announces cut of A330 production in 2015

October 17, 2014 1:03 pm
Airbus Group NV said it will cut production of its A330 twin-engine jet in 2015 in an indication that demand for the long-range plane is insufficient to sustain its current construction rate. On Friday the Toulouse-based company said it will reduce the build-rate of its A330 model to nine per month in the fourth quarter […] Read more

Tata Consultancy Services Ltd share price down, reports disappointing second-quarter results

October 17, 2014 11:17 am
On Thursday Indias largest IT group by capitalization announced an increase in net profits below analysts projection, which caused a sharp drop in shares. “The expectations from Tata Consultancy were very high after Infosys posted strong numbers, so the company missing estimates has come as a disappointment,” said Sarabjit Kour Nangra, vice president of research […] Read more

Advanced Micro Devices Inc share price up, plans to cut workforce

October 17, 2014 9:25 am
Advanced Micro Devices Inc. announced layoffs with the new CEO wasting little time to cut expenses as the chipmaker struggles to expand beyond its core personal computer market. The Sunnyvale, California-based company announced on Thursday a 7% employee trim, a week after Lisa Su, Chief Operating Officer, took Rory Reads place as Chief Executive, a […] Read more

Forex Market: USD/PLN daily trading forecast

October 17, 2014 8:39 am
Yesterday’s trade saw USD/PLN within the range of 3.2800-3.3296. The pair closed at 3.3018, gaining 0.39% on a daily basis. At 8:34 GMT today USD/PLN was up 0.12% for the day to trade at 3.3058. The pair touched a daily high at 3.3130 at 6:50 GMT. Fundamentals United States Housing starts and Building permits The […] Read more

Forex Market: USD/RUB daily trading forecast

October 17, 2014 8:00 am
Yesterday’s trade saw USD/RUB within the range of 40.390-41.163, reaching a new all-time high. The pair closed at 40.877, gaining 1.16% on a daily basis. At 7:56 GMT today USD/RUB was up 0.39% for the day to trade at 41.029. The pair broke the first and the second key weekly resistance levels and touched a […] Read more

Forex Market: USD/MXN daily trading forecast

October 17, 2014 7:29 am
Yesterday’s trade saw USD/MXN within the range of 13.5070-13.6720. The pair closed at 13.5587, gaining 0.21% on a daily basis. At 7:26 GMT today USD/MXN was down 0.03% for the day to trade at 13.5551. The pair touched a daily low at 13.5418 during early Asian trade. Fundamentals United States Housing starts and Building permits […] Read more