November 20, 2014 9:10 am
Yesterday’s trade saw GBP/SEK within the range of 11.5036-11.6013. The pair closed at 11.5749, gaining 0.45% on a daily basis. At 9:07 GMT today GBP/SEK was up 0.01% for the day to trade at 11.5878. The pair touched a daily high at 11.6080 during early Asian trade. Fundamentals United Kingdom Retail Sales Annualized retail sales […]
Read moreNovember 20, 2014 8:47 am
Yesterday’s trade saw USD/ILS within the range of 3.8220-3.8528. The pair closed at 3.8440, gaining 0.02% on a daily basis. At 8:44 GMT today USD/ILS was up 0.08% for the day to trade at 3.8470. The pair broke the first key weekly resistance level and touched a daily high at 3.8486 at 8:35 GMT. Fundamentals […]
Read moreNovember 20, 2014 8:23 am
Apple Inc will start distributing its iOS operating system-based devices with subscription to the music service it acquired from Beats, challenging the market leader in music streaming Spotify. According to people with knowledge of the matter, the implementation of the Beats service may start in March next year. Apple bought the headphone manufacturer earlier this […]
Read moreNovember 20, 2014 8:18 am
Yesterday’s trade saw GBP/USD within the range of 1.5588-1.5721. The pair closed at 1.5682, gaining 0.31% on a daily basis. At 8:15 GMT today GBP/USD was down 0.12% for the day to trade at 1.5661. The pair touched a daily low at 1.5632 at 7:35 GMT. Fundamentals United Kingdom Retail Sales Annualized retail sales in […]
Read moreNovember 20, 2014 7:39 am
Yesterday’s trade saw EUR/USD within the range of 1.2511-1.2600. The pair closed at 1.2554, gaining 0.14% on a daily basis. At 7:36 GMT today EUR/USD was down 0.21% for the day to trade at 1.2527. The pair touched a daily low at 1.2524 at 7:35 GMT. Fundamentals Euro zone Manufacturing data – preliminary release Frances […]
Read moreNovember 20, 2014 7:27 am
Yesterday’s trade saw EUR/NOK within the range of 8.4302-8.5367. The pair closed at 8.5207, gaining 0.96% on a daily basis. At 7:24 GMT today EUR/NOK was down 0.05% for the day to trade at 8.5163. The pair touched a daily low at 8.5003 during early Asian trade. Fundamentals Euro zone Manufacturing data – preliminary release […]
Read moreNovember 20, 2014 7:13 am
Yesterday’s trade saw EUR/GBP within the range of 0.7986-0.8041. The pair closed at 0.8005, losing 0.17% on a daily basis. At 7:10 GMT today EUR/GBP was up 0.05% for the day to trade at 0.8009. The pair touched a daily high at 0.8014 at 7:12 GMT. Fundamentals Euro zone Manufacturing data – preliminary release Frances […]
Read moreNovember 19, 2014 4:02 pm
Alibaba Group Holding and Tencent Holding push further into entertainment as their top executives increased their stakes in a Chinese television and film production company. Huayi Brothers Media Corp introduced a plan to strengthen its relationship with Alibaba and Tencent by jointly producing movies in the future and said it will start distributing films through […]
Read moreNovember 19, 2014 2:28 pm
Royal Mail Plc reported a decreased first-half profit and alerted that Amazon.coms move to create its own delivery network will reduce the parcel market for other carriers. The British postal service hoped its parcel division will drive future growth, however parcel revenues slid 1%, despite the 2% increase in volumes in the six months ended […]
Read moreNovember 19, 2014 2:25 pm
Maersk Line, the largest operating unit of AP Moeller Maersk A/S, introduced a plan to cut unprofitable long-term contracts and increase its shipping rate. “We need to be more disciplined in pushing the general rate increase to make sure it is sustainable” said Silvia Ding, head of South China operations. She also mentioned that the […]
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