October 31, 2014 7:23 am
Yesterday’s trade saw EUR/GBP within the range of 0.7858-0.7906. The pair closed at 0.7883, losing 0.09% on a daily basis. At 7:21 GMT today EUR/GBP was down 0.23% for the day to trade at 0.7864. The pair broke the first key daily support and touched a daily low at 0.7855 at 7:24 GMT. Fundamentals Euro […]
Read moreOctober 30, 2014 2:59 pm
Lenovo Group said on Thursday it has closed the acquisition deal with Google Inc., as the worlds largest personal-computer maker tries to boost global sales, which were surpassed by rival Xiaomi Corp. Lenovo, which first announced its interest in Motorola in January, plans pull the company above water within the first four to six quarters […]
Read moreOctober 30, 2014 2:02 pm
Barclays PLC has set aside £500 million to cover costs associated with the ongoing investigations into manipulating the foreign exchange market as the company reported an increase in its third quarter profits. Barclays is one of the six banks in negotiations with UK regulators over the accusations of manipulation of the currency market. The banks […]
Read moreOctober 30, 2014 12:16 pm
BT group raised its dividend payout as profit increased due to higher demand for broadband services. The British telecoms group reached 2.5 million customers of its fibre broadband as 203 000 people signed up for the high speed internet connection in the second quarter. BT reported around 38 000 users signed up for its TV […]
Read moreOctober 30, 2014 10:05 am
Visa inc. beat analysts expectations on profit in the fourth quarter of the business year, as the company welcomed Chinas plans to open up its markets. Visa reported revenue of $3.23 billion, compared with last years result of $2.97 billion, with an operating income of $1.55 billion. Net income was $1.07 billion, compared to last […]
Read moreOctober 30, 2014 9:24 am
Yesterday’s trade saw USD/BRL within the range of 2.4235-2.4721. The pair closed at 2.4612, unchanged on a daily basis. At 8:53 GMT today USD/BRL was unchanged for the day to trade at 2.4612. The pair touched a daily low at 2.4598 at 5:00 GMT. Fundamentals United States Initial, Continuing jobless claims The number of people […]
Read moreOctober 30, 2014 9:05 am
Samsung Electronics Co. Ltd reported the smallest quarterly earnings since 2011 as the giant faces increased competition from lower-cost Chinese rivals and Apple Incs new iPhones. Earlier this month the company warned about weak performance in the third quarter. On Thursday, the worlds biggest technology company by sales reported operating profit of KRW 4.06 trillion, […]
Read moreOctober 30, 2014 8:33 am
Yesterday’s trade saw NZD/USD within the range of 0.7766-0.7978. The pair closed at 0.7802, losing 1.49% on a daily basis. At 8:24 GMT today NZD/USD was down 0.21% for the day to trade at 0.7786. The pair touched a daily low at 0.7774 during early Asian trade. Fundamentals New Zealand The number of building permits […]
Read moreOctober 30, 2014 8:03 am
Yesterday’s trade saw EUR/USD within the range of 1.2629-1.2772. The pair closed at 1.2632, losing 0.80% on a daily basis. At 7:53 GMT today EUR/USD was down 0.35% for the day to trade at 1.2589. The pair broke the first key daily and the first key weekly support levels to touch a daily low at […]
Read moreOctober 30, 2014 7:38 am
Yesterday’s trade saw EUR/GBP within the range of 0.7885-0.7917. The pair closed at 0.7890, losing 0.05% on a daily basis. At 7:34 GMT today EUR/GBP was down 0.11% for the day to trade at 0.7881. The pair broke the first key daily support and touched a daily low at 0.7877 at 7:31 GMT. Fundamentals Euro […]
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