Search Results for: US Dollar
UniCredit: Pound to Euro Rate Forecast at 1.05 in Coming Months
August 4th, 2017
Foreign exchange analysts at UniCredit Bank have announced a sizeable upgrade to their forecasts for the Euro saying the currency is finally starting to recover from years of undervaluation. The Italian lender have as a result upgraded their targets ...
Global law firm reveals FY17 results; Record global revenues
August 2nd, 2017
Global law firm Baker McKenzie has issued today a press release to announce revenues for the fiscal year ended 30 June 2017 (FY17). Below is the announcement a it was published: Baker McKenzie, the leading global law firm, has announced ...
Hedge funds’ preference for grains over softs ‘has gone far enough’
July 26th, 2017
Hedge funds’ preference for grains over soft commodities – at its strongest since 2012 – may have gone far enough, with commentators foreseeing cause for buying in the likes of cocoa and coffee, but selling in corn and wheat. ...
The logic of a modern gold standard
July 14th, 2017
The logic of a modern gold standard In last week’s Insight, I analysed the current geopolitical situation and concluded that it was now in the interest of the Shanghai Cooperation Organisation to break from the US dollar completely, ...
Friday, June 16: OSB G10 Currency Pairs Cheat Sheet & Key Levels
June 16th, 2017
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels for June 16. Market Wrap: The USDJPY moved 1.24% closed at 110.91 per dollar, while the EURJPY moved 0.57% after reaching higher intraday price at 123.71. EURUSD moved lower on ...
Bet on a Pound Sterling to Euro Exchange Rate Decline in 2017-2018 say Société Générale
June 14th, 2017
Foreign exchange strategists at Société Générale have confirmed they are expecting further depreciation in the value of Pound Sterling relative to the Euro. The call comes as the French investment bank release their mid-year review of global foreign exchange ...
Tuesday, June 13: OSB G10 Currency Pairs Cheat Sheet & Key Levels
June 13th, 2017
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels for June 13. Market Wrap: The yen was little changed close at 109.93 per dollar, after reaching a high intraday price at 110.43. EURUSD was almost flat at a ...
The price of gold is surging
May 18th, 2017
The price of gold is surging after political uncertainty appears to have pushed investors into safe-haven assets on Wednesday. The precious metal was trading at $1,258.50 an ounce as of 11:25 a.m. ET, a $22.10, or 1.79%, jump on the ...
New regulations looming for bitcoin trading in China
May 11th, 2017
Beijing is expected to issue new rules for bitcoin trading in China next month as the cryptocurrency’s price on the country’s trading platforms keeps hitting new highs. According to a Beijing-based media company Caixin citing anonymous sources; the People’s ...
Adidas reports strong start into the year; Q1 2017 results
May 5th, 2017
Major developments in Q1 2017: Currency-neutral revenues increase 16% Gross margin declines 0.2pp as a result of anticipated FX headwind Operating margin improves 0.9pp to 11.1% Net income from continuing operations grows 30% to € 455 million Basic EPS ...
