News

Euro up on rising demand for Euro-denominated assets

In our July 10 report, we had forecasted the EUR/CAD pair to decline to 1.4460 levels. We had also mentioned…

8 years ago

Infosys beats Q1 estimates, raises FY18 growth view

On the last day of June, India’s second largest software technology company Infosys Ltd (NYSE: INFY) reported its results for…

8 years ago

Greenback turns weak on large trade deficit

Unexpected economic contraction in the first quarter of 2017 and junk status of the foreign currency denominated bonds weakened the…

8 years ago

Elliot Management Makes Counter Bid Against Berkshire Hathaway

Hedge fund Elliott Management Corp has made a counterbid besting Berkshire Hathaway Inc's offer of $9 billion offer to acquire…

8 years ago

Positive job, PMI data strengthens Canadian dollar

On the basis of a decline in the Eurozone current account surplus and an upbeat sales data reported by Statistics…

8 years ago

Aussie turns bearish on less hawkish statement by RBA

The unanticipated outcome of the UK election, which resulted in a hung parliament, and the dominance of the EU members…

8 years ago

Wells Fargo faces investigation over mortgage practices

Barely three months before, Wells Fargo & Company (NYSE: WFC) agreed to pay $110 million to settle the lawsuit related…

8 years ago

Experts Say Bitcoin Mining…The Next Forex Scam?

Industry experts are sounding an alarm over the possibility that bitcoin mining may soon become the next forex scam. Several…

8 years ago

Peso turns weak on widened trade deficit

On the basis of a dovish rate hike by the Fed in June and a decline in consumer prices in…

8 years ago

RBA Could End Up Raising Interest Rates Multiple Times

The Reserve Bank of Australia (RBA) could end up raising interest rates eight times in the next two years based…

8 years ago