Market not Fully Discounting Export Coal Pricing Cuts: With the stock trading north of 11 times 2013 consensus (the high end of its 6-month range), we are concerned that CSX could be vulnerable to downward estimate revisions. And while coal volume declines ...
We will take a look at two Sterling Crosses below: GBPAUD and GBPJPY GBPAUD Daily chart shows a 7 swing bullish sequence from 10.7.2016 low and it appears the pair still could extend higher to 1.815 – 1.862 area, provided that pivot at 8/25 low (1.615 ...
Such discussions could result in the issuance of approximately 20M shares for the conversion of approximately $1M in debts to stock at $0.05 cents per share. This would increase the outstanding share capital to approximately 50M shares on a fully diluted ...
MENAFN · 1mon
Intraday Price Perspective A scan of this morning’s best and worst performers via the Strong/Weak app shows that the GBPAUD is once again the top performer over the past rolling 24-hours – for the second consecutive day. The GBPAUD has been quite ...
(MENAFN) Iran and Iraq inked a memorandum of understanding (MoU) in order to launch mutual industrial zones. Additionally, Iran's Minister for Industry, Mining and Trade and Iraqi Minister for Industry and Minerals inked the deal on earlier this week ...
MENAFN · 10mon
AUDUSD continued losses raise question of systemic AUD issue. - EURAUD and GBPAUD breakout of downtrend from 2014 high. - Have a bullish (or bearish) bias on the US Dollar, but don’t know which pair to use? Use a USD currency basket. The European ...
Risk appetite reduction trades are negative for GBPUSD, GBPJPY and GBPCHF but relatively positive for GBPAUD and GBPNZD. The Bank of Canada's decision to cut interest rates by only 25 bps on the same day the Fed slashed rates by 75-bps suggests the BoC is ...
UK wage growth outpacing inflation by widest margin since 2008. - GBPUSD retains uptrend; GBPAUD, GBPCAD break downtrends. - See the February Forex Seasonality report and the implications for the majors. Bank of England policymakers are coming up flush ...
Notes:Similar to the GBPAUD setup featured yesterday, the EURAUD broke above the weekly opening range and near-term resistance last night at 1.4366/83, shifting the scalp bias to the long-side of the pair. The near-term bias remains constructive while ...
Watch thisVideo; For live market updates, visitDailyFX’s Real Time News Feed Dollar Slowly, Consistently Edges Lower as Equities Swing The US Presidential ... less investment-sensitive Aussie pairs (AUDNZD, AUDCAD, GBPAUD) have shown a consistent support ...