Archives
S&P 500 index reports worst downfall since April; indexes down for July
August 1st, 2014
The U.S. S&P500 stock index posted its worst daily fall since April and its first monthly drop since January on Thursday, as economic data sparked concern the Federal Reserve could raise interest rates sooner than some have expected. Data ...
Microsoft must provide foreign customer’s e-mails
August 1st, 2014
Microsoft Corp must turn over a customer’s emails stored in a data center in Ireland to the US government, a US judge ruled on Thursday in a case that has drawn concern from privacy groups and major technology companies. ...
Technical Analysis USD/CHF decelerates ahead of weekly R2
August 1st, 2014
Technical Analysis USD/CHF for August 01, 2014 Pair’s Outlook USD/CHF took a break ahead of the weekly R2 and Bollinger band, but there should be no difficulties for the pair to reach the 2014 peak at 0.9156, as suggested by ...
Technical Analysis USD/JPY—the sky is the limit
August 1st, 2014
Technical Analysis USD/JPY for July 01, 2014 Pair’s Outlook It look a little longer than initially expected, but the upward momentum is finally gaining traction. This is evidenced by a majority of the technical indicators on all time-frames giving ...
US Congress To Deny Contracts To Inverters
August 1st, 2014
With pressure growing for the United States Congress to move forward on legislation to halt the flow of “corporate inversions” in the short-term, the Fair Federal Contracts Act has been introduced in both the Senate and the House of ...
Technical Analysis EUR/USD eyes 1.33
August 1st, 2014
Technical Analysis EUR/USD for August 01, 2014 Pair’s Outlook EUR/USD continues to grind lower, and it does not seem we are going to observe a pronounced bullish correction before the pair reaches the 2013 Q4 low at 1.33. Then ...
RBS warns Scottish ‘yes’ vote would materially impact business
August 1st, 2014
Royal Bank of Scotland (RBS.L) said on Friday that a vote by Scotland to become independent from the rest of the United Kingdom could significantly increase its costs and have a material impact on its business. RBS, which is ...
Asia stocks sideswiped by Wall St, but China motors on
August 1st, 2014
Asian shares were mostly under water on Friday after a sudden slump on Wall Street spilled over globally, though a surprisingly strong pick up in manufacturing helped Chinese markets hold at seven-month highs. In a promising omen for world ...
Technical Analysis GBP/USD fell through 100-day SMA
August 1st, 2014
Technical Analysis GBP/USD for August 01, 2014 Pair’s Outlook There is now little hope for the bulls, being that GBP/USD has broken most of its main supports. The monthly technical indicators may still remain positive, but, given the absence ...
Dollar heads for third weekly gain on economic outlook
August 1st, 2014
The dollar headed for a third weekly gain versus the euro, the longest stretch in two months, as signs of a sustained U.S. recovery boost speculation the Federal Reserve is moving toward raising interest rates. The Bloomberg Dollar Spot ...
