Archives
GBP/USD stuck at Feb high
April 25th, 2014
Pair’s Outlook GBP/USD refused to leave the vicinity of 1.6822/14, being backed up by the nearest supports, such as the weekly PP and 20-day SMA. Therefore there are still considerable risks that the Sterling is going to surpass the ...
FCA Said to Observe Banks’ London Gold-Fixing Calls
April 25th, 2014
Regulators are stepping up their scrutiny of how gold prices are set, with officials from Britain’s Financial Conduct Authority visiting Societe Generale SA (GLE) to observe the so-called London fixing process, two people with knowledge of the matter said. ...
Apple, Google, Intel, Adobe Settle Antitrust Hiring Case
April 25th, 2014
Apple Inc. (AAPL), Google Inc. (GOOG), Intel Corp. (INTC), and Adobe Systems Inc. (ADBE) agreed to pay $324 million to settle an employee lawsuit over claims they conspired to suppress salaries by not recruiting one another’s workers, a person ...
EUR/GBP Daily Outlook
April 25th, 2014
Intraday bias in EUR/GBP remains neutral for some consolidations above 0.8197 temporary low. Recent development is quite mixed. But we’d like to point out again that the cross is staying inside medium term falling channel. And there is no ...
EUR/USD heads towards 1.39
April 25th, 2014
Pair’s Outlook With certain difficulties, but EUR/USD seems to have finally overcome the monthly pivot point. Accordingly, there is a good chance that the upward momentum will persist until the currency pair reaches the major falling trend-line at 1.39. ...
Asia Stocks Slide as Russia’s Micex Drops on Ukraine
April 25th, 2014
Asian stocks fell, with the regional benchmark index heading toward a weekly loss. Russian shares fell a fifth day, wheat climbed and nickel pared the biggest monthly advance since 2012 as the U.S. warned Russia of an “expensive mistake” ...
Tokyo Inflation Quickens to Fastest Since 1992
April 25th, 2014
Tokyo’s consumer prices rose 2.7 percent in April from a year earlier, the biggest jump since 1992, pumped up by a sales-tax increase and a year of unprecedented stimulus from the Bank of Japan. Inflation excluding fresh food accelerated ...
T. Rowe Price CEO: Investors are focused on valuations
April 25th, 2014
The chief executive of T. Rowe Price Group Inc. says the firm’s long-term perspective and culture are what make up its secret sauce for success. The money manager TROW +0.02% on Thursday reported another strong quarter amid higher fee ...
5 companies worried about Ukraine
April 25th, 2014
The crisis in Ukraine is making itself felt in corporate earnings reports. Tensions escalated on Thursday as Russia said it would hold military exercises along the Ukrainian border. The move put pressure on the broader stock market. Some companies ...
BTC/USD Technical Analysis
April 24th, 2014
Bitcoin has been ranging for the past few days, and it looks like this may well continue for the rest of the week, due to a number of factors I’m observing, specifically on the Daily chart. I’m performing the ...
