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Forex Market: GBP/NOK daily trading forecast

October 23, 2014 7:18 am
Yesterday’s trade saw GBP/NOK within the range of 10.5682-10.6320. The pair closed at 10.6112, gaining 0.28% on a daily basis. At 7:15 GMT today GBP/NOK was up 0.23% for the day to trade at 10.6350. The pair broke the first key daily resistance and touched a daily high at 10.6405 at 7:19 GMT. Fundamentals United […] Read more

Forex Market: EUR/SEK daily trading forecast

October 23, 2014 6:48 am
Yesterday’s trade saw EUR/SEK within the range of 9.1857-9.2324. The pair closed at 9.1969, losing 0.04% on a daily basis. At 6:46 GMT today EUR/SEK was down 0.03% for the day to trade at 9.1931. The pair touched a daily low at 9.1919 at 6:44 GMT. Fundamentals Euro zone Manufacturing and Services PMIs – preliminary […] Read more

Forex Market: EUR/GBP daily trading forecast

October 23, 2014 6:29 am
Yesterday’s trade saw EUR/GBP within the range of 0.7870-0.7927. The pair closed at 0.7881, losing 0.14% on a daily basis. At 6:23 GMT today EUR/GBP was down 0.04% for the day to trade at 0.7878. The pair touched a daily low at 0.7872 at 5:40 GMT. Fundamentals Euro zone Manufacturing and Services PMIs – preliminary […] Read more

GlaxoSmithKline Plc. share price up, announces better-than-expected third-quarter results

October 22, 2014 2:30 pm
GlaxoSmithKline Plc reported third-quarter profit that surpassed analysts projections and unveiled a new cost-saving program and management structure, as sales in the U.S. continue to pull down overall performance. On Wednesday the pharmaceutical giant said in a statement that it will reduce expenses by £1 billion over the next three years, with around 50% delivered […] Read more

Total SA share price up, appoints new CEO

October 22, 2014 1:44 pm
Total SA announced that Patrick Pouyanne, head of refining and chemicals, has been appointed as the new CEO of the company, succeeding Christophe de Margerie. On Wednesday the board of directors decided to once again split the roles of chief executive and chairman, which were previously both held by Mr. de Margerie. Thierry Desmares, who […] Read more

Peugeot SA share price up, raises 2014 full-year forecast as sales rise

October 22, 2014 11:48 am
PSA Peugeot Citroen said cash flow target is within reach two years earlier as strong demand in China contributed to a third-quarter increase of revenue. CFO Jean-Baptiste de Chatillon stated in front of journalists that Peugeot will probably hit positive operational cash flow this year, rather than in 2016 as predicted. He also added that […] Read more

Forex Market: USD/RUB daily trading forecast

October 22, 2014 8:30 am
Yesterday’s trade saw USD/RUB within the range of 40.865-41.115. The pair closed at 40.953, losing 0.23% on a daily basis. At 8:27 GMT today USD/RUB was up 0.05% for the day to trade at 40.975. The pair touched a daily high at 41.045 at 6:50 GMT. Fundamentals United States The annualized index of consumer prices […] Read more

Forex Market: USD/CAD daily trading forecast

October 22, 2014 8:14 am
Yesterday’s trade saw USD/CAD within the range of 1.1199-1.1299. The pair closed at 1.1221, losing 0.57% on a daily basis. At 8:13 GMT today USD/CAD was up 0.12% for the day to trade at 1.1235. The pair touched a daily high at 1.1240 at 8:09 GMT. Fundamentals United States The annualized index of consumer prices […] Read more

Forex Market: USD/MXN daily trading forecast

October 22, 2014 7:51 am
Yesterday’s trade saw USD/MXN within the range of 13.4720-13.5647. The pair closed at 13.5395, gaining 0.04% on a daily basis. At 7:46 GMT today USD/MXN was up 0.08% for the day to trade at 13.5494. The pair touched a daily high at 13.5549 at 5:55 GMT. Fundamentals United States The annualized index of consumer prices […] Read more