Articles by: Vladimir Manev
Vladimir is a financial news writer and editor at Binary Tribune, monitoring and reporting on the tendencies in the Foreign Exchange Market, as well as the commodities spot and futures markets.

Increased demand for US supply of soybeans increases its price to a one-week high

November 22, 2013 1:35 pm
Increased demand for US supply of soybeans increases its price to a one-week high

Increased demand for US supply of soybeans boosted the price of futures to a one-week high. On the Chicago Board of Trade soybeans contracts for settlement in January rose 0.4% to 12.97 per bushel, which is the highest level for most actively traded futures for one week. Yesterday, on the […]

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United Continental is struggling to better compete Middle Eastern carriers

10:48 am
United Continental is struggling to better compete Middle Eastern carriers

The Chief Financial Officer of the United Continental Holdings Inc. (UAL), John Rainey said yesterday in an interview that his company is interested in Boeing Co. new 777 planes in an attempt to better compete long-range flying as it braces for increased competition from Middle Eastern carriers such as Emirates. […]

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Japan’s stock outlook by Goldman Sachs boosted sixth time this year

9:19 am
Japan’s stock outlook by Goldman Sachs boosted sixth time this year

Although there are growing concerns about the economic policy of the Japanese Prime Minister, Shinzo Abe, Goldman Sachs raised its one-year outlook for Japanese shares, boosting their price target for a sixth time in the current 2013 year. In a yesterday’s report by a group of strategists led by Kathy […]

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Novartis with an ambitious $5 billion buy-back program, strategic review of business units

8:00 am
Novartis with an ambitious $5 billion buy-back program, strategic review of business units

Europe’s biggest drugmaker by sales, is planning to repurchase $5 billion over the next two years and to expand its business to new areas. The company made a statement earlier today that the buy-back program is set to start immediately. The statement was made just before the start of the […]

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Indian rupee loses ground against the US dollar amid oil importer’s dollar purchases speculations

November 20, 2013 4:00 pm
Indian rupee loses ground against the US dollar amid oil importer’s dollar purchases speculations

USD/INR rose to a session high at 62.656 at 9:45 GMT. The support was to be found at November 19-th at 61.710, while resistance was to be encountered at November 17-th at 62.980. The greenback advanced against its Indian counterpart, due to the release of the official data about the […]

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USD/CHF trades little changed after the ZEW report

1:26 pm
USD/CHF trades little changed after the ZEW report

USD/CHF traded little changed after the release of the ZEW index by the Centre for European Economic Research. The pair reached a session high at 0.9118 at 9:55 GMT, after which consolidation followed at 0.9111, ticking up 0.01% on a daily basis. Support was to be found at November 18-th […]

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NZD/USD edges lower after Bernanke’s statement, New Zealand inflation data

10:47 am
NZD/USD edges lower after Bernanke’s statement, New Zealand inflation data

NZD/USD edged lower, after the statement of Federal Reserve Chairman, Ben Bernanke and despite positive inflation data released out of New Zealand earlier. NZD/USD fell to a session low at 0.8323 at 8:38 GMT., losing 0.49% on a daily basis. Support was to be encountered at November 17-th low 0.8335, […]

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USD/INR reaches two-week lows, after comments by the President of FRBNY

November 19, 2013 2:24 pm
USD/INR reaches two-week lows, after comments by the President of FRBNY

USD/INR reached a two-week lows, after the speculation that the Fed will continue with its record high ($85 billion) monthly stimulus program, which is expected to remain unchanged until the policy meeting on 18-th/19-th of March 2014. The pair reached a session low at 61.710 at 8:40 GMT, which is […]

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The kiwi advances against the greenback after a survey by the RBNZ, Fed speculation

9:04 am
The kiwi advances against the greenback after a survey by the RBNZ, Fed speculation

The New Zealand dollar advanced against its US counterpart, after the Reserve Bank of New Zealand (RBNZ) revised downwards its inflationary expectations for the fourth quarter . This seems to have had a limited impact on the NZD/USD cross, as sentiment was still under the influence of Fed Chair-nominee Janet […]

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USD/INR retreats on RBI Governor’s comments

November 18, 2013 3:04 pm
USD/INR retreats on RBI Governor’s comments

The U.S. dollar depreciated substantially against the Indian rupee in connection with the announcement of the governor of the Reserve Bank of India(RBI), made on 15-th of November. This is the third consecutive day of trading in which the Indian rupee is advancing against the dollar, after the governor of […]

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