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Forex Market: USD/CAD daily trading outlook

May 27, 2015 7:06 am
Yesterday’s trade saw USD/CAD within the range of 1.2448-1.2306. The pair closed 0.84% higher at 1.2423 after gaining 0.2% the previous trading session. At 7:06 GMT today USD/CAD was down 0.22% for the day to trade at 1.2407. The cross held in a daily range of 1.2395 – 1.2441 and is up 1% for the […] Read more

Ryanair share price up, full-year profit tops projections

May 26, 2015 9:54 am
Ryanair Holdings Plc, Europe’s largest budget airline, reported on Tuesday a full-year profit above expectations on the back or robust growth in revenue and projected net income to rise further this year as it expects to carry a record 100 million passengers. The company said that net income in the fiscal year ended March 31st […] Read more

Natural gas trading outlook: futures extend slide

May 26, 2015 8:08 am
Natural gas continued its decline on Tuesday as forecasting agencies kept calling for warm weather across the majority of the US, but not hot enough to stop stockpiles from scoring larger-than-average builds in the foreseeable future. Natural gas for delivery in July traded 1.40% lower at $2.878 per million British thermal units at 7:53 GMT, […] Read more

Forex Market: USD/MXN daily trading outlook

May 26, 2015 6:57 am
Yesterdays trade saw USD/MXN within the range of 15.2883 – 15.2412. The pair fell 0.1% on a daily basis to close at 15.2620 after it settled last week 1.7% higher. At 06:57 GMT today USD/MXN was up 0.28% for the day to trade at 15.2992. The cross held in a daily range of 15.2561 – […] Read more

Amazon share price down, changes tax policy in Europe as investigations continue

May 25, 2015 9:57 am
Amazon.com Inc has begun booking revenues in individual European countries for tax purposes, instead of channeling them through low-tax Luxembourg, the Wall Street Journal reported, following extensive criticism and intense scrutiny by EU authorities. The change came into force on May 1st, a company spokesman said, cited by the Wall Street Journal. A May 22nd […] Read more

Natural gas trading outlook: futures extend drop on weather, inventory builds

May 25, 2015 8:10 am
Natural gas fell for a fourth day in five on Monday as weather forecasts saw no significant adjustments over the weekend, pointing to a warm pattern across the US that is gradually increasing cooling demand, although not yet enough to significantly impact the coming weeks large inventory builds. Natural gas for delivery in July traded […] Read more

Forex Market: USD/MXN daily trading outlook

May 25, 2015 6:58 am
Fridays trade saw USD/MXN within the range of 15.3316-15.1849. The pair closed at 15.2694, jumping 0.28% on a daily basis and settling the week 1.7% higher after a combined decline of 3.7% in the previous two weeks. At 6:57 GMT today USD/MXN was down 0.17% for the day to trade at 15.2441. The cross held […] Read more

Richemont share price down, April sales slide on Forex volatility

May 22, 2015 10:16 am
Compagnie Financiere Richemont SA said sales unexpectedly tumbled in April as retailers delayed orders ahead of price cuts in markets tied to the US dollar, while full-year net profit fell by more than a third due to downbeat performance and losses on non-cash investments. The owner of the Cartier, Piaget and Montblanc brands said sales, […] Read more

Natural gas trading outlook: futures head for weekly loss

May 22, 2015 8:37 am
Natural gas rose for a second day on Friday but headed for its first weekly drop in four as comfortable readings across the majority of the US kept both heating and cooling demand limited, extending a string of above-average inventory builds. Natural gas for delivery in June traded 0.41% higher at $2.961 per million British […] Read more

Forex Market: USD/CAD daily trading outlook

May 22, 2015 7:31 am
Yesterday’s trade saw USD/CAD within the range of 1.2242-1.2171. The pair closed 0.07% lower at 1.2199 after falling nearly 0.2% the previous trading session. At 7:30 GMT today USD/CAD was down 0.09% for the day to trade at 1.2189. The cross held in a daily range of 1.2173 – 1.2204 and is up 1.5% for […] Read more