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Mt. Gox Creditors’ Meeting Delivers Few Answers and One Apology

July 23rd, 2014 (0)
Today’s long-anticipated meeting between Mt. Gox bankruptcy trustee Nobuaki Kobayashi and creditors from the defunct exchange provided several revelations, but left many more questions unanswered. At the Tokyo meeting Kobayashi disclosed he would consider distributing the exchange’s remaining funds ...

Technical Analysis USD/CAD slides slightly

July 23rd, 2014 (0)
Pair’s Outlook USD/CAD is entering a very narrow range and a break-out is expected soon. To our mind it is more likely that we will see the pair jumping higher; although, a slip towards the weekly S2 at 1.0662 ...

U.S. Stocks Rise as Apple Rallies With Health-Care Shares

July 23rd, 2014 (0)
U.S. stocks roes, with the Standard & Poor’s 500 Index at an all-time high, as Apple Inc. results boosted technology companies and health-care shares rallied amid earnings. Apple surged to the highest since 2012 after signaling the long wait ...

Technical Analysis EUR/JPY touches monthly S2

July 23rd, 2014 (0)
Pair’s Outlook The pair’s movements are still mostly determined by its bears that are pushing EUR/JPY lower, as of today the monthly S2 at 136.46 was reached. This year’s low at 136.33 remains intact; moreover, this level together with ...

Technical Analysis – AUD/USD breaks weekly R1 at 0.9427

July 23rd, 2014 (0)
Pair’s Outlook The Aussie has not looked back since it received a bullish impetus from the monthly PP at 0.9369 yesterday. The next resistance level (the weekly R2) is slightly higher at 0.9460, it together with the Bollinger Bands ...

The Central Bank of the Russian Federation published External Trade in Services of Q1 2014

July 23rd, 2014 (0)
The Central Bank of the Russian Federation has published today, a table showing the External Trade in Services of the Russian Federation by Main Partner Countries. EU countries on their total comes on top of the table where Germany ...

Technical Analysis NZD/USD unable to breach 0.87 level

July 23rd, 2014 (0)
Pair’s Outlook The New Zealand Dollar is still unable neither to breach the 0.87 mark nor the monthly PP/55 and 100-day SMAs at 0.8654/42. We are pessimistic on the pair’s advance, at least for now we do not see ...

Lithuania to join euro area and single supervisory mechanism (SSM) on 1 January 2015

July 23rd, 2014 (0)
European Central Bank has issue a press release today about Lithuania to join euro area and single supervisory mechanism (SSM) on 1 January 2015. Conversion rate of the litas is fixed at 3.45280 = EUR 1 Lithuanian banks will ...

SEC set to end $1 a share for some money funds

July 23rd, 2014 (0)
Regulators are expected to vote Wednesday to end a longtime staple of the investment industry — the fixed $1 share price for money-market mutual funds — at least for some money funds used by big investors. The idea is ...

The Central Bank of the Russian Federation published External Trade in Services of Q1 2014

July 23rd, 2014 (0)
The Central Bank of the Russian Federation has published today, a table showing the External Trade in Services of the Russian Federation by Main Partner Countries. EU countries on their total comes on top of the table where Germany ...
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