Archives
KPMG retains long-standing Greggs audit work
May 12th, 2014
The long-standing auditors of pie and sandwich chain Greggs have retained their role after a tender. KPMG has served as Greggs’ auditors since the retailer listed on the London Stock Exchange in 1984, during which time no tender has ...
USD/CHF overcomes key resistance
May 12th, 2014
Pair’s Outlook USD/CHF has just broken out of the falling wedge pattern, meaning the outlook on the currency pair is now strongly bullish, even though the weekly and monthly indicators are giving ‘sell’ signals. Nevertheless, we should not forget ...
CySec information for Cyprus Investment Firms (CIF)
May 12th, 2014
Cyprus Securities and Exchange Commission (CySec) has issued a press release as follows: As part of the planning of the examinations for certification of persons in accordance with Directive RAA 499/2012, Cyprus Securities and Exchange Commission requests CIFs that ...
Polls close in eastern Ukraine amid allegations of fraud and double-voting
May 12th, 2014
Polls closed Sunday after voters streamed into polling stations in eastern Ukraine to vote in controversial referendums held by pro-Russian activists eager to declare independence from Kiev, an official said. Voters in the city of Donetsk faced this question ...
Oracle wins in copyright ruling against Google
May 12th, 2014
U.S. appeals court finds Oracle is entitled to copyright protection for parts of Java programming language. A U.S. appeals court has ruled in favor of Oracle (ORCL) in its ongoing legal battle against Google (GOOG) over Java programming language ...
What Beats by Apple would mean for music, and you
May 12th, 2014
It’s an odd pairing, really, the gadget-obsessed tech giant from Silicon Valley teaming up with hip-hop super producer Dr. Dre and music mogul Jimmy Iovine. But late Thursday, reports surfaced that a $3.2 billion deal was in the works ...
Oil prices rose amid Ukraine tensions
May 12th, 2014
Oil rose above $100 per barrel on Monday amid renewed tensions over Ukraine. Benchmark U.S. crude for June delivery was up 13 cents to $100.12 a barrel at 0650 GMT in electronic trading on the New York Mercantile Exchange. ...
USD/JPY recovers from 200-day SMA
May 12th, 2014
Pair’s Outlook Unless USD/JPY manages to gain a foothold above the major rising trend-line (in force since the beginning of 2013) that it has recently breached, the pair will be seen as bearish in the long term. However, for ...
GBP/USD set to decline
May 12th, 2014
Pair’s Outlook The Cable remains bearish after hitting the 2009 highs. For now it is supported by the 20-day SMA, but there’s a high probability of an extended sell-off. GBP/USD is likely to fall down to 1.6795/76, but it ...
EUR/USD tests major support at 1.3751/25
May 12th, 2014
Pair’s Outlook Last week the currency pair plunged through a series of significant supports, such as the monthly PP and 55-day SMA. Now the bearish momentum faces an even greater obstacle, represented by the 100-day SMA, monthly S1 and, ...
