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USD/JPY Daily Forecast: July 14
July 14th, 2014
USD/JPY Forecast The USD/JPY had a bearish momentum last week bottomed at 101.05. The bias remains bearish in nearest term testing 100.80. A clear break below that area would activate my bearish mode. Immediate resistance is seen around 101.60. ...
GBP/USD Daily Forecast: July 14
July 14th, 2014
GBP/USD Forecast The GBP/USD was indecisive last week. Overall I still prefer a bullish scenario at this phase but the bias remains neutral in nearest term. Immediate support remains around 1.7115 followed by 1.7060. On the upside, we need ...
UAE regulator approves new brokerage companies’ regulation
July 14th, 2014
The board of directors of the UAE’s Securities and Commodities Authority, SCA, has approved a new regulation for brokers and amended two other regulations. The new 34-article regulation classifies brokerage firms into (1) those which engage in trading only ...
EUR/USD Daily Forecast: July 14
July 14th, 2014
EUR/USD Technical Analysis The EUR/USD was indecisive last week. The bias is neutral in nearest term. Price is moving inside a bearish channel after violated a bullish channel as you can see on my hourly chart below, suggests a ...
Dark pool scrutiny no slam dunk for traditional exchanges
July 14th, 2014
The regulatory noose is tightening around dark pools, private share-trading venues that promise anonymity for specialist investors, offering a chance for rival exchanges in the United States and Europe to take back market share. But traditional stock-exchange operators such ...
UK Construction Slowdown in May
July 11th, 2014
Britain’s construction sector has suffered its sharpest slowdown for more than a year after housebuilding activity stalled in May, in the latest sign the property market may be coming off the boil. Construction output dropped 0.8% over the three ...
Shares of tiny Facebook rival wannabe halted
July 11th, 2014
A little known company that’s turned into a strange sensation on Wall Street saw its shares get halted Friday. Cynk Technology, a company that claims to be building “social network business” that trades on the lightly supervised Pink Sheet ...
ayondo Opens Office in Singapore
July 11th, 2014
The ayondo group announced that it has opened an office in Singapore, the ayondo Asia PTE Ltd, following its strategist expansion worldwide. The holding company, which operated as an investment group under the name Next Generation Finance until April ...
Society warns against emergency data legislation
July 11th, 2014
Emergency surveillance legislation being rushed through parliament next week could end up being used for purposes beyond which it is intended, the Law Society has warned. The warning comes as MPs prepare to pass the Data Retention and Investigatory ...
Seychelles, Singapore Sign Double Tax Pact
July 11th, 2014
On July 9, 2014, Singapore and Seychelles signed a double taxation agreement (DTA), which cuts withholding taxes and incorporates the internationally-agreed standard for the exchange of information for tax purposes. The signing ceremony took place in New York between ...
