GBPUSD stays in a rising price channel and remains in uptrend from 1.5296. Further rise to test 1.5997 (Aug 6 high) resistance would more likely be...
GBPUSD stays in a rising price channel
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Earnings Wrap: EL, AON
Estee Lauder (EL) announced that quarterly profit increased to $396.7 million, or $1.00 per share, up from $343.9 million, or 86 cents per share,...
Forex Market Update: US Dollar Remains Under Pressure as Risk ...
A broad rise across European equity markets boosted risk appetite and weighed heavily on the dollar. EUR/USD traded up to 1.4144 and Cable hit 1.6442 highs ... See all stories on this...
Bank of Uganda Lifts Rate 300bps to 23.00%
The Bank of Uganda raised its new monetary policy interest rate (the central bank rate [CBR]) by 300 basis points to 23.00%...
Back to the future for the pound
The potential for more QE (choose between medium, GBP25 bln or large, 50 bln), the proposed break up of some of the big banks upsetting an already financial landscape, and the dire state of public finances are overshadowing signs that the weaker pound versus the EUR is helping revive UK...
Wendy’s Earnings Preview
Fast food chain, Wendy’s (NASDAQ:WEN) is expected to report its fourth quarter earnings on Thursday. The company expects EPS of $0.03...