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Forex Market: USD/DKK trading forecast for Monday

December 20, 2014 8:21 am
Friday’s trade saw USD/DKK within the range of 6.0451-6.0873. The pair closed at 6.0841, gaining 0.46% on a daily basis and 1.85% for the whole week. Fundamentals United States Existing Home Sales The index of existing home sales in the United States probably gained 0.8% to a level of 5.25 million in November compared to […] Read more

Samsung share price up, set to double dividend payout

December 19, 2014 3:45 pm
Samsung Electronics announced on Friday it plans to boost its full-year dividend payout by 30% to 50%, as an answer to investors calls for higher returns. The move comes after last months announcement that the South Korean company would buy back $2 billion worth of shares as a part of its restructuring program. The decision […] Read more

Air France KLM share price down, issues a third profit warning

December 19, 2014 1:34 pm
Air France KLM SA announced on Thursday it expects even lower 2014 earnings citing persistent weakness in long-haul markets and the impact of the 14-day pilot strike. The Paris-based company trimmed its projection for earnings before interest, taxes, depreciation and amortization by an additional €200 million to €1.5 billion to €1.6 billion. This is the […] Read more

Atos share price up, to acquire Xerox’s IT outsourcing business

December 19, 2014 10:57 am
Frances Atos SE agreed to purchase Xeroxs information technology outsourcing business in an €840 million ($1.05 billion) all cash deal, heavily boosting its presence in the US. “Increasing our position in the US is a major step in the completion of our three year strategic plan and responds to a strong demand from our global […] Read more

Natural gas trading outlook: futures extend losses after EIA report

December 19, 2014 10:26 am
Natural gas fell for a fourth session in five this week, despite forecasting agencies projections for a colder end of the year. On the New York Mercantile Exchange, natural gas for delivery in January declined by 0.47% to $3.625 per million British thermal units by 10:05 GMT, having shifted in a daily range between $3.677 […] Read more

Forex Market: USD/MXN daily trading forecast

December 19, 2014 8:54 am
Yesterday’s trade saw USD/MXN within the range of 14.4422-14.6037. The pair closed at 14.5765, gaining 0.08% on a daily basis. At 8:48 GMT today USD/MXN was up 0.09% for the day to trade at 14.5938. The pair touched a daily high at 14.5960. Fundamentals Mexico Unemployment rate The rate of unemployment in Mexico probably fell […] Read more

Gold trading outlook: futures set to end two-week gains

December 19, 2014 8:48 am
Gold scored a slight increase on Friday, but continued to trade below $1 200 and headed to its first weekly decline in three after Fed officials confirmed they will raise interest rates in 2015. Comex gold for delivery in February gained 0.27% to $1 198.0 per troy ounce by 08:26 GMT, having shifted in a […] Read more

Forex Market: USD/CAD daily trading forecast

December 19, 2014 8:32 am
Yesterday’s trade saw USD/CAD within the range of 1.1565-1.1647. The pair closed at 1.1576, losing 0.47% on a daily basis. At 8:19 GMT today USD/CAD was up 0.01% for the day to trade at 1.1580. The pair touched a daily high at 1.1589. Fundamentals Canada Consumer inflation The annualized consumer inflation in Canada probably decelerated […] Read more

Forex Market: EUR/CAD daily trading forecast

December 19, 2014 7:50 am
Yesterday’s trade saw EUR/CAD within the range of 1.4222-1.4376. The pair closed at 1.4223, losing 0.94% on a daily basis. At 7:41 GMT today EUR/CAD was up 0.01% for the day to trade at 1.4230. The pair touched a daily high at 1.4244. Fundamentals Euro zone French Business Climate Business climate in France probably remained […] Read more

Forex Market: EUR/GBP daily trading forecast

December 19, 2014 7:26 am
Yesterday’s trade saw EUR/GBP within the range of 0.7836-0.7925. The pair closed at 0.7838, losing 1.08% on a daily basis. At 7:23 GMT today EUR/GBP was up 0.13% for the day to trade at 0.7848. The pair touched a daily high at 0.7851. Fundamentals Euro zone French Business Climate Business climate in France probably remained […] Read more