Archives
USD/JPY violated 200-day SMA
May 16th, 2014
Pair’s Outlook The 200-day SMA, one of the supports seen capable of revitalising the bullish momentum, was breached yesterday. This exposed another important level, namely the 50% Fibo at 101.19, which kept USD/JPY buoyant in February and March. Should ...
GBP/USD backed up by 1.6742/29
May 16th, 2014
Pair’s Outlook By rebounding from the rising support line at 1.6742/29, which is reinforced by the 55-day SMA, the Cable preserved its bullish outlook. At the same time the weekly and monthly technical studies also imply a positive bias ...
EUR/USD probes support at 1.3687/72
May 16th, 2014
Pair’s Outlook EUR/USD stays directionless, as its movements are restricted by the tough levels from both sides. Should the currency pair try to recover, as suggested by the monthly technical indicators, it is going to first bump into the ...
Bitcoin consumer platform debuts at Circle
May 16th, 2014
Starting Friday at 5:30 a.m. ET, Bitcoin start-up Circle is launching a Web platform that will allow consumers to purchase Bitcoin in any amount they choose and then use that Bitcoin to spend on online shopping, at restaurants and ...
FCA warning against clone firm
May 15th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a warning informing the investors that “ACM Financial UK” is the clone firm of “ACM Financial Services (UK) Limited” (www.acmbroking.com), therefore, it is not permitted to provide any ...
FCA: Martin Brokers (UK) Limited was fined for significant failings in relation to LIBOR
May 15th, 2014
The Financial Conduct Authority (FCA), the British regulatory authority, has fined Martin Brokers (UK) Ltd (Martins) £630,000 for misconduct relating to the London Interbank Offered Rate (LIBOR). Martins would have been fined £3,600,000 but for the fact that the ...
Demand for Venture Capital Outstripping the Supply
May 15th, 2014
Fewer entrepreneurs expect to be able to tap traditional venture capital funds in 2014, but corporate venture money may help fill the gap. As talk of a tech bubble spreads, a handful of tech stocks have pulled back in ...
France vetoes foreign investment
May 15th, 2014
The French government is broadening its authority to intervene when foreign companies want to buy firms the state considers vital, including in the sectors of transport, health and communications. The order released Thursday goes into effect immediately, potentially giving ...
High Court dismisses JR on unfair dismissal cap
May 15th, 2014
The High Court has dismissed a request for a judicial review challenging the newly introduced cap of one year’s salary in compensation for unfair dismissal. The cap came into force on 29 July last year under the Unfair Dismissal ...
ASIC issues penalty fine
May 15th, 2014
The Australian Securities and Investments Commission (ASIC), issued two infringement notices for misleading statements in Product Disclosure Statements (PDS) for two investor funds the company manages as responsible entity for Australian Mutual Holdings Limited (AMH) which must pay $20,400 in ...
