November 22, 2013 8:00 am
Europe’s biggest drugmaker by sales, is planning to repurchase $5 billion over the next two years and to expand its business to new areas. The company made a statement earlier today that the buy-back program is set to start immediately. The statement was made just before the start of the companys annual investor day. Now, […]
Read moreNovember 20, 2013 4:00 pm
USD/INR rose to a session high at 62.656 at 9:45 GMT. The support was to be found at November 19-th at 61.710, while resistance was to be encountered at November 17-th at 62.980. The greenback advanced against its Indian counterpart, due to the release of the official data about the US retail sales, which surpassed […]
Read moreNovember 20, 2013 1:26 pm
USD/CHF traded little changed after the release of the ZEW index by the Centre for European Economic Research. The pair reached a session high at 0.9118 at 9:55 GMT, after which consolidation followed at 0.9111, ticking up 0.01% on a daily basis. Support was to be found at November 18-th low at 0.9080, while resistance […]
Read moreNovember 20, 2013 10:47 am
NZD/USD edged lower, after the statement of Federal Reserve Chairman, Ben Bernanke and despite positive inflation data released out of New Zealand earlier. NZD/USD fell to a session low at 0.8323 at 8:38 GMT., losing 0.49% on a daily basis. Support was to be encountered at November 17-th low 0.8335, while resistance was to be […]
Read moreNovember 19, 2013 2:24 pm
USD/INR reached a two-week lows, after the speculation that the Fed will continue with its record high ($85 billion) monthly stimulus program, which is expected to remain unchanged until the policy meeting on 18-th/19-th of March 2014. The pair reached a session low at 61.710 at 8:40 GMT, which is pairs lowest point since November […]
Read moreNovember 19, 2013 9:04 am
The New Zealand dollar advanced against its US counterpart, after the Reserve Bank of New Zealand (RBNZ) revised downwards its inflationary expectations for the fourth quarter . This seems to have had a limited impact on the NZD/USD cross, as sentiment was still under the influence of Fed Chair-nominee Janet Yellens statement last week. NZD/USD […]
Read moreNovember 18, 2013 3:04 pm
The U.S. dollar depreciated substantially against the Indian rupee in connection with the announcement of the governor of the Reserve Bank of India(RBI), made on 15-th of November. This is the third consecutive day of trading in which the Indian rupee is advancing against the dollar, after the governor of the Indian Reserve Bank announced […]
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