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Forex Market: USD/BRL daily trading forecast

October 30, 2014 9:24 am
Yesterday’s trade saw USD/BRL within the range of 2.4235-2.4721. The pair closed at 2.4612, unchanged on a daily basis. At 8:53 GMT today USD/BRL was unchanged for the day to trade at 2.4612. The pair touched a daily low at 2.4598 at 5:00 GMT. Fundamentals United States Initial, Continuing jobless claims The number of people […] Read more

Samsung Electronics Co. Ltd share price up, profit falls as smartphone deliveries decrease, posts upbeat Q4 outlook

October 30, 2014 9:05 am
Samsung Electronics Co. Ltd reported the smallest quarterly earnings since 2011 as the giant faces increased competition from lower-cost Chinese rivals and Apple Incs new iPhones. Earlier this month the company warned about weak performance in the third quarter. On Thursday, the worlds biggest technology company by sales reported operating profit of KRW 4.06 trillion, […] Read more

Forex Market: NZD/USD daily trading forecast

October 30, 2014 8:33 am
Yesterday’s trade saw NZD/USD within the range of 0.7766-0.7978. The pair closed at 0.7802, losing 1.49% on a daily basis. At 8:24 GMT today NZD/USD was down 0.21% for the day to trade at 0.7786. The pair touched a daily low at 0.7774 during early Asian trade. Fundamentals New Zealand The number of building permits […] Read more

Forex Market: EUR/USD daily trading forecast

October 30, 2014 8:03 am
Yesterday’s trade saw EUR/USD within the range of 1.2629-1.2772. The pair closed at 1.2632, losing 0.80% on a daily basis. At 7:53 GMT today EUR/USD was down 0.35% for the day to trade at 1.2589. The pair broke the first key daily and the first key weekly support levels to touch a daily low at […] Read more

Forex Market: EUR/GBP daily trading forecast

October 30, 2014 7:38 am
Yesterday’s trade saw EUR/GBP within the range of 0.7885-0.7917. The pair closed at 0.7890, losing 0.05% on a daily basis. At 7:34 GMT today EUR/GBP was down 0.11% for the day to trade at 0.7881. The pair broke the first key daily support and touched a daily low at 0.7877 at 7:31 GMT. Fundamentals Euro […] Read more

Forex Market: EUR/CHF daily trading forecast

October 30, 2014 7:21 am
Yesterday’s trade saw EUR/CHF within the range of 1.2038-1.2072. The pair closed at 1.2063, unchanged on a daily basis. At 7:19 GMT today EUR/CHF was up 0.01% for the day to trade at 1.2064. The pair touched a daily high at 1.2065 at 7:20 GMT. Fundamentals Euro zone Spanish Gross Domestic Product – preliminary The […] Read more

LG Electronics Inc. share price up, profit doubles as revenue hits record numbers

October 29, 2014 4:07 pm
LG Electronics Inc. reported a significant rise in operating profit for the third-quarter, beating analysts expectations thanks to increased smartphone sales. LG reported revenue of KRW 14.92 trillion in the third quarter, a 7.4% increase compared to a year earlier, which led to more than doubled operating profit of KRW 461 billion and a 87% […] Read more

Natural gas trading outlook: futures extend gains on end-week cold weather

October 29, 2014 3:38 pm
Natural gas rose for a second day on Wednesday on speculations that below-average temperatures across the Midwest and Northeast through the end of the week will induce considerable heating demand. However, extended weather forecasts showing mild conditions across most of the US in the first 10 days of November kept gains in check. On the […] Read more