October 28, 2014 7:21 am
Yesterday’s trade saw EUR/CHF within the range of 1.2046-1.2079. The pair closed at 1.2057, losing 0.06% on a daily basis. At 6:22 GMT today EUR/CHF was down 0.01% for the day to trade at 1.2058. The pair touched a daily low at 1.2056 during early Asian trade. Fundamentals Euro zone Italian Business Confidence Confidence among […]
Read moreOctober 27, 2014 4:15 pm
Merck & Co Inc. stated a fall in third-quarter revenues and narrowed its projection for full-year performance. Meanwhile, the company said that its new cancer medicine won a breakthrough therapy designation from the FDA. The second-largest U.S. drug maker reported a 4% drop in revenue to $10.577 billion in the third quarter from $11.032 billion […]
Read moreOctober 27, 2014 2:52 pm
Canon Inc. raised its profit projection for the year, regardless of falling sales, as a weaker yen and cost cuts made up for falling camera demand. The company reported a 4.5% decrease in sales to ¥872 208 million, down from ¥913 149 million last year, including a 9.4% fall in imaging system sales which include […]
Read moreOctober 27, 2014 12:40 pm
Shire PLC stated a record increase in sales and raised its full-year projection, shortly after AbbVie Inc. officially withdrew its takeover offer. The bio-pharmaceutical researcher said its pullback from the deal was largely due to changes in the U.S. tax system. These measures taken by the American government were previously pointed at as dealbreakers, like […]
Read moreOctober 27, 2014 9:10 am
Friday’s trade saw USD/MXN within the range of 13.5120-13.5767. The pair closed at 13.5587, losing 0.03% on a daily basis. At 9:07 GMT today USD/MXN was up 0.18% for the day to trade at 13.5830. The pair touched a daily high at 13.5834 at 9:01 GMT. Fundamentals United States Services PMI by Markit – preliminary […]
Read moreOctober 27, 2014 8:38 am
Friday’s trade saw GBP/USD within the range of 1.6015-1.6100. The pair closed at 1.6091, gaining 0.37% on a daily basis. At 8:34 GMT today GBP/USD was up 0.08% for the day to trade at 1.6096. The pair touched a daily high at 1.6108 at 2:55 GMT. Fundamentals United States Services PMI by Markit – preliminary […]
Read moreOctober 27, 2014 8:17 am
Friday’s trade saw EUR/GBP within the range of 0.7868-0.7903. The pair closed at 0.7874, losing 0.19% on a daily basis. At 8:08 GMT today EUR/GBP was up 0.12% for the day to trade at 0.7886. The pair touched a daily high at 0.7894 at 5:10 GMT. Fundamentals Euro zone Business conditions in Germany Business climate […]
Read moreOctober 27, 2014 7:52 am
Friday’s trade saw EUR/CHF within the range of 1.2049-1.2076. The pair closed at 1.2062, losing 0.04% on a daily basis. At 7:50 GMT today EUR/CHF was up 0.03% for the day to trade at 1.2064. The pair touched a daily high at 1.2068 at 3:35 GMT. Fundamentals Euro zone Business conditions in Germany Business climate […]
Read moreOctober 27, 2014 7:22 am
Friday’s trade saw EUR/JPY within the range of 136.44-137.11. The pair closed at 137.04, gaining 0.09% on a daily basis. At 6:18 GMT today EUR/JPY was up 0.06% for the day to trade at 137.10. The pair touched a daily high at 137.25 at 3:00 GMT. Fundamentals Euro zone Business climate in Germany probably worsened […]
Read moreOctober 26, 2014 8:16 am
Friday’s trade saw EUR/USD within the range of 1.2633-1.2695. The pair closed at 1.2671, gaining 0.19% on a daily basis, while losing 0.72% for the whole week. Fundamentals Euro zone Business climate in Germany probably worsened in October, with the respective gauge slipping to 104.1 from 104.7 in September. If so, this would be the […]
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