October 22, 2014 7:19 am
Yesterday’s trade saw USD/ILS within the range of 3.7208-3.7498. The pair closed at 3.7413, gaining 0.17% on a daily basis. At 7:13 GMT today USD/ILS was up 0.13% for the day to trade at 3.7460. The pair touched a daily high at 3.7475 at 7:10 GMT. Fundamentals United States The annualized index of consumer prices […]
Read moreOctober 22, 2014 6:59 am
Yesterday’s trade saw USD/ZAR within the range of 10.9580-11.0594. The pair closed at 11.0478, gaining 0.26% on a daily basis. At 6:58 GMT today USD/ZAR was down 0.18% for the day to trade at 11.0272. The pair touched a daily low at 11.0250 at 6:57 GMT. Fundamentals United States The annualized index of consumer prices […]
Read moreOctober 22, 2014 6:31 am
Yesterday’s trade saw EUR/GBP within the range of 0.7874-0.7945. The pair closed at 0.7892, losing 0.33% on a daily basis. At 6:27 GMT today EUR/GBP was up 0.05% for the day to trade at 0.7896. The pair touched a daily high at 0.7900 at 6:15 GMT. Fundamentals ECB speculation Yesterday speculations appeared that the European […]
Read moreOctober 21, 2014 3:12 pm
The Coca-Cola Co. the worlds largest beverage company unveiled a plan to reduce annual expenses and lowered its previous financial targets after sales missed analysts projection. Coca-Cola reported that revenue decreased to $11.98 billion in the recent quarter, compared to $12 billion last year and the $12.12 billion estimate of analysts polled by Thomson Reuters. […]
Read moreOctober 21, 2014 2:07 pm
Amazon.com and Simon & Schuster have agreed on a multiyear contract for the sale of print and digital books, as the internet retailer continues to battle Hachette. Amazon, the biggest paper and e-book supplier in the U.S., has been involved in a public dispute with another publisher, Lagardère SCA’s Hachette. The companies disagreed on e-book […]
Read moreOctober 21, 2014 12:16 pm
Tata Motors Ltd.s Jaguar Land Rover opened its first overseas manufacturing unit in China in an effort to cut costs and continue its expansion. As part of the expansion, JLR opened a new manufacturing unit in Changshu, about 100 km north from Shanghai, in a joint venture with state-owned Chery Automobile. The factorys early production […]
Read moreOctober 21, 2014 9:43 am
International Business Machines Corp. reported a decrease in third-quarter sales and net income as the company faces difficulties shifting to cloud technology. On Monday IBM released its results for the three months ended September 30. The company stated a 4% decline in revenue, down to $22.4 billion, while net income fell to $18 million, or […]
Read moreOctober 21, 2014 8:11 am
On Monday Canadian Pacific Railway Ltd. reported it has ended exploratory talks with CSX Corp. regarding a possible merger, eliminating the option of forming a transcontinental railroad and dismissing plans for further discussions. Canadian Pacific didnt give the exact reason why the company has given up on the merger, but strongly hinted that regulatory concerns […]
Read moreOctober 21, 2014 8:05 am
Yesterday’s trade saw USD/JPY within the range of 106.76-107.41. The pair closed at 106.95, losing 0.20% on a daily basis. At 8:00 GMT today USD/JPY was down 0.36% for the day to trade at 106.56. The pair broke the first and the second key daily supports and touched a daily low at 106.25 at 6:25 […]
Read moreOctober 21, 2014 7:39 am
Yesterday’s trade saw USD/MXN within the range of 13.5000-13.5505. The pair closed at 13.5335, losing 0.05% on a daily basis. At 7:35 GMT today USD/MXN was down 0.06% for the day to trade at 13.5303. The pair touched a daily low at 13.5230 at 7:37 GMT. Fundamentals United States The index of existing home sales […]
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