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Areva share price down, drops financial targets due to delayed projects

November 19, 2014 2:22 pm
Areva SAs shares plunged to levels untouched in nearly 16 years after the French nuclear group abandoned its financial targets for the next two years. The company, 87% owned by the French state, dropped its financial targets for 2015 and 2016, blaming delays of its Finnish Olkiluoto 3 nuclear project, the later than expected restart […] Read more

Samsung Heavy Industries share price down, scraps merger with Samsung Engineering

November 19, 2014 9:39 am
Samsung Heavy Industries called off a merger with Samsung Engineering that would have helped them compete better against European rivals. The worlds third-largest ship builder scrapped a merger with Samsungs engineering unit, due to requests of share buybacks from investors. Under South Korean regulations, a merger could be canceled by a company should the requested […] Read more

Forex Market: USD/BRL daily trading forecast

November 19, 2014 9:03 am
Yesterday’s trade saw USD/BRL within the range of 2.5815-2.6082. The pair closed at 2.5825, losing 0.98% on a daily basis. At 9:00 GMT today USD/BRL was unchanged for the day to trade at 2.5825. The pair touched a daily high at 2.5880 during early Asian trade. Fundamentals United States Building permits and Housing starts The […] Read more

Forex Market: USD/RUB daily trading forecast

November 19, 2014 8:29 am
Yesterday’s trade saw USD/RUB within the range of 46.575-47.258. The pair closed at 46.908, losing 0.45% on a daily basis. At 8:25 GMT today USD/RUB was up 0.34% for the day to trade at 47.033. The pair broke the first key daily resistance level and touched a daily high at 47.444 at 4:20 GMT. USD/RUB […] Read more

BNP Paribas share price up, faces an insider-trading probe

November 19, 2014 8:15 am
French financial prosecutors opened a preliminary probe into suspected insider trading at BNP Paribas SA. This would be a second hit for Frances biggest bank by market capitalization, which earlier this year was fined $8.9 billion for US trade sanctions violations. The investigation was launched by the “le parquet national financier” led by Eliane Houlette. […] Read more

Forex Market: GBP/SEK daily trading forecast

November 19, 2014 8:15 am
Yesterday’s trade saw GBP/SEK within the range of 11.5040-11.6411. The pair closed at 11.5225, losing 0.94% on a daily basis. At 8:12 GMT today GBP/SEK was up 0.02% for the day to trade at 11.5243. The pair touched a daily high at 11.5509 during early Asian trade. Fundamentals United Kingdom Bank of England minutes At […] Read more

Forex Market: GBP/USD daily trading forecast

November 19, 2014 8:01 am
Yesterday’s trade saw GBP/USD within the range of 1.5627-1.5681. The pair closed at 1.5634, losing 0.04% on a daily basis. At 7:58 GMT today GBP/USD was down 0.11% for the day to trade at 1.5615. The pair broke the first key daily support level and touched a daily low at 1.5599 at 3:15 GMT. Fundamentals […] Read more

Forex Market: EUR/USD daily trading forecast

November 19, 2014 7:43 am
Yesterday’s trade saw EUR/USD within the range of 1.2441-1.2546. The pair closed at 1.2537, gaining 0.70% on a daily basis. At 7:37 GMT today EUR/USD was down 0.10% for the day to trade at 1.2520. The pair touched a daily low at 1.2512 at 3:05 GMT. Fundamentals Euro zone Euro zone Current account The surplus […] Read more

Forex Market: EUR/CHF daily trading forecast

November 19, 2014 7:25 am
Yesterday’s trade saw EUR/CHF within the range of 1.1993-1.2024. The pair closed at 1.2012, losing 0.01% on a daily basis. At 7:23 GMT today EUR/CHF was unchanged for the day to trade at 1.2012. The pair touched a daily low at 1.2011 at 7:05 GMT. Fundamentals Euro zone Euro zone Current account The surplus on […] Read more

Forex Market: EUR/GBP daily trading forecast

November 19, 2014 7:15 am
Yesterday’s trade saw EUR/GBP within the range of 0.7952-0.8022. The pair closed at 0.8019, gaining 0.74% on a daily basis. At 7:12 GMT today EUR/GBP was down 0.04% for the day to trade at 0.8014. The pair touched a daily low at 0.8012 at 7:05 GMT. Fundamentals Euro zone Euro zone Current account The surplus […] Read more