China Mobile faces margin squeeze on 3G, rural push (Reuters)
China Mobile , the world's largest mobile carrier, faces a further squeeze on profit margins as competitive pressures intensify and an expensive buildout of a new, untested 3G network weighs. us.rd.yahoo.com |
NZ dollar little changed
The New Zealand dollar spent a quiet session trading in a narrow range but dealers said economic reports this week have put a floor under the currency.By 5pm the NZ dollar was buying US72.12c from US72.33c at 8am and US72.12c... nzherald.co.nz |
Newmont, Barrick see bright future as do investors (AP)
The soaring price of gold added luster to third-quarter earnings at Barrick Gold Corp. and Newmont Mining Corp. sending their stocks higher Thursday. us.rd.yahoo.com |
GBP/USD: Trading the U.K. Consumer Price Report (Daily FX)
Consumer price in the U.K. are anticipated to rise 0.2% in November, with economists forecast the annual rate of inflation to expand 1.8% from the previous year after rising 1.5% in the prior month, and the rebound in price growth may drive the British Pound higher as policy makers hold an improved outlook for future growth. us.rd.yahoo.com |
Fibonacci Retracements (Daily FX)
In our DailyFX Trading Course we teach new traders that when the market is in a strong downtrend, we should look for any rallies up to a resistance level as a good selling opportunity. us.rd.yahoo.com |