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Ford to slash costs $14B, invest in electric cars, trucks

Note: This section contains information in English only.
Source: Dukascop Bank SA
Ford Motors is set to cut $14B in costs over the course of the next five years, while shifting capital investment from sedans to hybrid and electric cars and more trucks' development.
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04 Oct 2017

AUD/USD: RBA Interest Rate Decision

[ANNOUNCE]The Australian Dollar fell against the Greenback after the Australian Central Bank announced its interest rate decision. [/ANNOUNCE]The AUD/USD currency pair lost 20 base points or 0.26% to be seen trading below the 0.7800 mark. Though, bulls kept the Aussie above aforementioned level during the trading session on Tuesday. The Reserve Bank of Australia stated that it left its key interest

03 Oct 2017

EUR/USD: ISM Manufacturing PMI

[ANNOUNCE]The Greenback sustained Monday's gains against the Euro, as ISM manufacturing data showed better-than-expected figures.[/ANNOUNCE]The US Dollar rose slightly against the European single currency by 7 base points to keep its stronger position, with the pair falling further below the 1.1720 level this morning. The ISM stated that its index for the US manufacturing activity surged to 60.8 points in

03 Oct 2017

GBP/USD: UK Manufacturing PMI

[ANNOUNCE]The GBP/USD kept declining gradually after the weaker-than-anticipated Britain's manufacturing PMI figures. [/ANNOUNCE]The Sterling fell against the US Dollar by 11 base points to rebound from the 1.3305 mark, but continued to consolidate nearing the 1.3280 area additionally fuelled by US economic report bullish sentiment for the Greenback. Markit report showed on Monday that the UK Manufacturing PMI fell to