Posts From Sammy

Sammy

Sammy

Sammy is our forex expert, with over 20 years experience in the financial sector, she will be keeping you up to date with the ups and downs of currencies around the world

US Dollar Up On Increase In Wholesale Inventories

  The US dollar gained against the Japanese yen as economic data released yesterday indicated a rebound in wholesale inventories in July. The greenback’s rally was also fueled by a small increase in the US producer prices in August. The

Read More

Pound Up On Better-than-anticipated July GDP Data

  The British pound surged sharply yesterday against the greenback after the Office for National Statistics (ONS) published better-than-anticipated GDP growth in July. The positive GDP data comforted the market, which was worried about recession ahead of the UK’s exit

Read More

Blockchain Phone Acute Angle to Be Launched Next Week

  The cryptocurrency market remains slightly bearish with most of the top 20 altcoins in red. Bitcoin (BTC), despite having lost 0.2% in the past 24 hours, continues to stay above $10,000 level. Bitcoin, which is trading at $10,515.86 at

Read More

Turkish Economy Registers Weak Q2 Growth

  The Turkish lira gained slightly against the greenback after the Turkish statistical office released data that showed a slower-than-anticipated contraction of the economy in the second quarter. The revaluation of lira is also happening as the market is awaiting

Read More

Pound Down As Queen Agrees To Suspend UK Parliament

  The pound lost ground against its rivals yesterday after the UK Prime Minister Boris Johnson revealed plans to temporarily halt parliamentary activities from mid-September to push through Brexit with or without any kind of agreement. The GBP/USD pair dropped

Read More

HP Posts Mixed Q3 Results, Lifts FY19 EPS View

  The stock of HP (NYSE: HPQ) lost 5.92% or $1.12 to close at $17.81 on Friday despite reporting impressive Q3 results. Notably, the company also upwardly revised its non-GAAP earnings outlook for fiscal 2019. The main reason for the

Read More

EU Begins Antitrust Scrutiny Of Facebook’s Libra Project

  The cryptocurrency market has turned bearish as there was not enough momentum to trigger another round of rally. Once again, Bitcoin (BTC) succumbed to pressure, falling below $10,000 levels. The most popular cryptocurrency has lost 4.2% in the past

Read More

NVIDIA Beats Q2 EPS Estimates, Issues Weak Q3 View

  The computer hardware manufacturer NVIDIA (NASDAQ: NVDA) posted higher earnings in fiscal 2020 second quarter, compared with the similar period last year. However, on a y-o-y basis, the company posted a decline in revenue, primarily due to the poor

Read More

Power Ledger, KEPCO bring P2P energy trading to Japan

  The cryptocurrency market continues to remain weak with all the major cryptocurrencies in the red. Bitcoin (BTC) once again succumbed to selling pressure, losing 7.4% in the past 24 hours to trade at $9,813. One of the reasons for

Read More

Uber Posts $5bln Loss In Q2, Misses EPS Estimates

  Ride-hailing service Uber Technologies, Inc. (NYSE: UBER) posted a massive loss of $5 billion in its fiscal 2019 second-quarter, with both revenue and earnings missing Wall Street forecasts. Notably, the company recorded a new milestone of 100 million “Monthly

Read More