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Forex Market: USD/CAD daily trading forecast

October 24, 2014 7:59 am
Yesterday’s trade saw USD/CAD within the range of 1.1203-1.1264. The pair closed at 1.1229, losing 0.08% on a daily basis. At 7:53 GMT today USD/CAD was down 0.12% for the day to trade at 1.1218. The pair touched a daily low at 1.1214 at 3:50 GMT. Fundamentals United States Sales of new single-family homes probably […] Read more

Forex Market: USD/RUB daily trading forecast

October 24, 2014 7:30 am
Yesterday’s trade saw USD/RUB within the range of 41.358-41.815. The pair closed at 41.700, gaining 0.77% on a daily basis. At 7:27 GMT today USD/RUB was up 0.39% for the day to trade at 41.909. The pair broke the first key daily resistance and the first two key weekly resistances to touch a new all-time […] Read more

Forex Market: GBP/USD daily trading forecast

October 24, 2014 7:06 am
Yesterday’s trade saw GBP/USD within the range of 1.5993-1.6062. The pair closed at 1.6031, losing 0.12% on a daily basis. At 7:00 GMT today GBP/USD was down 0.03% for the day to trade at 1.6026. The pair touched a daily low at 1.6022 at 6:44 GMT. Fundamentals United Kingdom The preliminary estimate of United Kingdoms […] Read more

Forex Market: EUR/USD daily trading forecast

October 24, 2014 6:45 am
Yesterday’s trade saw EUR/USD within the range of 1.2612-1.2678. The pair closed at 1.2647, losing 0.02% on a daily basis. At 6:41 GMT today EUR/USD was up 0.09% for the day to trade at 1.2658. The pair touched a daily high at 1.2665 at 6:27 GMT. Fundamentals Euro zone Italian retail sales Annualized retail sales […] Read more

Forex Market: EUR/GBP daily trading forecast

October 24, 2014 6:15 am
Yesterday’s trade saw EUR/GBP within the range of 0.7861-0.7920. The pair closed at 0.7889, gaining 0.10% on a daily basis. At 6:14 GMT today EUR/GBP was up 0.05% for the day to trade at 0.7893. The pair touched a daily high at 0.7896 at 2:15 GMT. Fundamentals Euro zone Italian retail sales Annualized retail sales […] Read more

Raytheon Co. share price down, profit beats analysts projection as orders keep coming

October 23, 2014 1:34 pm
Raytheon Co. raised its yearly target and released forecast-beating results during the recent quarter after successfully trimming costs to maintain profitability. The worlds largest missile maker reported net profit of $519 million in the third quarter, compared to $493 million a year earlier. Earnings per share rose to $1.66 compared to $1.52 year-to-year and analysts […] Read more

Tesco PLC share price down, Chairman Broadbent to step down as profit collapses

October 23, 2014 9:48 am
On Thursday Tesco said its chairman would step down, as it confirmed that first-half pre-tax profit had been exaggerated by £263m due to accounting irregularities, which had gone back further than expected. Richard Broadbent, chairman since 2011, said he would step down when managements transition is complete and business plans are in place. “It will […] Read more

Forex Market: USD/TRY daily trading forecast

October 23, 2014 8:52 am
Yesterday’s trade saw USD/TRY within the range of 2.2380-2.2512. The pair closed at 2.2463, gaining 0.05% on a daily basis. At 8:49 GMT today USD/TRY was down 0.25% for the day to trade at 2.2412, which is also the pairs current daily low. Fundamentals United States Initial, Continuing Jobless Claims The number of people in […] Read more