Archives
Technical Analysis USD/CHF advances towards 2014 high
July 30th, 2014
Technical Analysis USD/CHF for July 30, 2014 Pair’s Outlook Monday looked like a start of a bearish correction, but in the end USD/CHF did not even have to retreat to the weekly PP to regain its upward momentum. The ...
ASIC accepts enforceable undertaking from Adelaide-based AFS licensee
July 30th, 2014
The Australian regulator, ASIC, has today announced that it has accepted an enforceable undertaking (EU) from Adelaide-based PGW Financial Services Pty Ltd (PGW), after an ASIC surveillance found deficiencies in its advice to clients and arrangements for supervising its ...
GM sued over deaths, injuries linked to ignition switch
July 30th, 2014
General Motors (GM.N) was hit Tuesday with a lawsuit brought on behalf of more than 650 people allegedly injured or killed in accidents involving cars that have been recalled this year for faulty ignition switches. The lawsuit was filed ...
Technical Analysis EUR/USD steps lower
July 30th, 2014
Technical Analysis EUR/USD for July 30, 2014 Pair’s Outlook As expected, the Euro carried on losing its positions, though it did not break any significant levels yesterday. Right now the currency is facing the support created by the monthly ...
Lords committee against the right to be forgotten
July 30th, 2014
The House of Lords expressed its opposition to the ‘right to be forgotten’ describing it as ‘unworkable, unreasonable and wrong in principle’, enforcing in this way the government’s opinion against the EU privacy protection laws. The principle, also referred ...
Technical Analysis GBP/USD tests long-term up-trend
July 30th, 2014
Technical Analysis GBP/USD for July 30,2014 Pair’s Outlook The U.S. Dollar is strengthening, and there are less and less chances that GBP/USD will realise the bullish potential implied by the weekly and monthly technical studies. The monthly pivot point ...
India’s Tata Group marks $35 billion investment
July 30th, 2014
Unveiling a new blueprint for growth, the Tata group, India’s largest diversified business conglomerate, has communicated to the top brass of its 100-odd companies, a new vision to maximise synergies among group companies by focusing on four new clusters ...
Pound is bullish as Shine Comes Off
July 30th, 2014
The shine is starting to come off the U.K. pound, which has given up its reign as the most popular bullish bet for 2014 among the Group of 10 currencies. Hedge funds and other large speculators cut their net ...
Twitter faces loss; yet users increase
July 30th, 2014
Twitter social network cited a loss of $145m (£86m) for the second-quarter period from March to June. That is more than triple the loss the company reported during the same period a year ago. Twitter said it had 271 ...
Economic sanctions on Russia from EU and U.S.
July 30th, 2014
EU governments have agreed to impose sweeping sanctions on Russia, targeting state-owned banks, imposing an arms embargo and restricting sales of sensitive technology and the export of equipment for the country’s oil industry, in response to Moscow’s continued backing ...
