November 24, 2014 9:36 am
Both West Texas Intermediate and Brent crude were little changed after China surprisingly reduced its interest rates, before the long awaited OPEC meeting on Thursday this week. A strong dollar weighed on prices. January US crude fell 0.03% to $76.49 per barrel by 09:18 GMT. Prices held in a daily range of $76.95-$76.32 a barrel. […]
Read moreNovember 24, 2014 9:17 am
Friday’s trade saw USD/MXN within the range of 13.5930-13.6737. The pair closed at 13.6200, losing 0.23% on a daily basis. At 9:06 GMT today USD/MXN was up 0.17% for the day to trade at 13.6395. The pair touched a daily high at 13.6431 at 9:04 GMT. Fundamentals United States Services PMI data by Markit Activity […]
Read moreNovember 24, 2014 8:17 am
Friday’s trade saw USD/CHF within the range of 0.9563-0.9709. The pair closed at 0.9694, gaining 1.18% on a daily basis. At 8:13 GMT today USD/CHF was down 0.04% for the day to trade at 0.9696. The pair touched a daily low at 0.9692 at 7:40 GMT. Fundamentals United States Services PMI data by Markit Activity […]
Read moreNovember 24, 2014 7:35 am
Friday’s trade saw EUR/GBP within the range of 0.7903-0.8006. The pair closed at 0.7914, losing 0.95% on a daily basis. At 7:22 GMT today EUR/GBP was down 0.05% for the day to trade at 0.7911. The pair touched a daily low at 0.7903 during early Asian trade. Fundamentals Euro zone German IFO Business Climate Business […]
Read moreNovember 23, 2014 8:11 am
Friday’s trade saw EUR/USD within the range of 1.2373-1.2571. The pair closed at 1.2390, losing 1.19% on a daily basis and 1.07% for the whole week. Fundamentals Euro zone German IFO Business Climate Business climate in Germany probably remained almost unchanged in November, with the respective gauge rising to 103.4 from 103.2 in September. The […]
Read moreNovember 22, 2014 9:04 am
Friday’s trade saw USD/SGD within the range of 1.2957-1.3019. The pair closed at 1.2998, losing 0.04% on a daily basis, while gaining 0.19% for the whole week. Fundamentals United States Services PMI data by Markit Activity in the US sector of services was probably little changed in November, with the corresponding preliminary Purchasing Managers Index […]
Read moreNovember 21, 2014 3:35 pm
Foot Locker Inc said its net income increased more than expected as the company waves its CEO goodbye. Ken Hicks, 61, announced that he would retire from its position as CEO at the end of the month and be replaced with Richard Johnson, Foot Lockers current chief operating officer. However, changes at the top of […]
Read moreNovember 21, 2014 1:35 pm
Hornby Plc, maker of Corgi toys, model trains and Scalextric sets, said it is back on the path to improvement, but still has a “long way to go” as the company reported a half-sized loss for the first six months of the financial year. The toymaker said losses decreased to £520 000 for the six […]
Read moreNovember 21, 2014 11:01 am
Brazils JBS SA, the world’s biggest meat producer, unveiled a plan to increase deliveries to Asia as the company acquired Primo Group, the largest ham-and-bacon producer in Australia and New Zealand. The deal will also allow JBS to produce higher-priced processed foods and market them on the Asian markets, where Primo already delivers. The move […]
Read moreNovember 21, 2014 9:50 am
BNP Paribas SA laid off some of its U.S. high-yield bond trading and sales team, as the new head of corporate and investment banking reshapes the division. According to people close to the matter, BNP fired eight employees from its bond trading team. The job trims were made the same day that the largest French […]
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