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Forex Market: USD/UAH daily trading forecast

August 18, 2014 7:20 am
Friday’s trade saw USD/UAH within the range of 12.9000-13.1700. The pair closed at 13.1250, gaining 1.35% on a daily basis. At 7:18 GMT today USD/UAH was down 0.09% for the day to trade at 13.1120, which is also the current daily high. Fundamental view United States The National Association of Home Builders (NAHB) Housing Market […] Read more

Forex Market: EUR/CZK daily trading forecast

August 18, 2014 6:37 am
Friday’s trade saw EUR/CZK within the range of 27.7860-27.9437. The pair closed at 27.9175, gaining 0.40% on a daily basis. At 6:33 GMT today EUR/CZK was up 0.04% for the day to trade at 27.9280. The pair touched a daily high at 27.9487 at 4:30 GMT. Fundamental view Euro zone The surplus on Euro zones […] Read more

J C Penney Company Inc.’s share price up, posts a smaller second quarter loss

August 17, 2014 3:59 pm
J C Penney Company Inc. made an official statement and shared a smaller second ­quarter loss due to the fact the company has benefited from promotions and discounts, which attracted more customers over the period. The U.S.­based department ­store chain hasnt posted an annual profit in three years. According to the companys statement, the net […] Read more

Electrolux AB’s share price up, in preliminary negotiations to acquire the appliance unit of General Electric Co.

August 17, 2014 10:57 am
Swedish appliance maker Electrolux AB revealed that it has held preliminary negotiations with General Electric Co. over the acquisition of the latters appliance business. This step makes the company part of other potential suitors, who have been focused on contracts that would provide them with the opportunity to expand their reach in North America. Still, […] Read more

Forex Market: AUD/HKD trading forecast for Monday

August 17, 2014 8:37 am
Friday’s trade saw AUD/HKD within the range of 7.2069-7.2347. The pair closed at 7.2236, gaining 0.05% on a daily basis and 0.45% for the whole week. Fundamental view Australia At 1:30 GMT on Monday the Australian Bureau of Statistics is scheduled to report on new motor vehicle sales in the country for July. New vehicle […] Read more

Forex Market: AUD/SGD trading forecast for Monday

August 16, 2014 7:11 am
Friday’s trade saw AUD/SGD within the range of 1.1584-1.1617. The pair closed at 1.1611, gaining 0.02% on a daily basis, while losing 0.05% for the whole week. Fundamental view Australia At 1:30 GMT on Monday the Australian Bureau of Statistics is scheduled to report on new motor vehicle sales in the country for July. New […] Read more

Forex Market: GBP/USD daily trading forecast

August 15, 2014 6:53 am
Yesterday’s trade saw GBP/USD within the range of 1.6658-1.6697. The pair closed at 1.6686, losing 0.01% on a daily basis. At 6:46 GMT today GBP/USD was down 0.01% for the day to trade at 1.6684. The pair touched a daily low at 1.6682 at 2:10 GMT. Fundamental view United Kingdom The second estimate of United […] Read more