Archives
USD/JPY pobes key support
April 11th, 2014
Pair’s Outlook The monthly S1 level, which had the potential to stop the sell-off from 104, was breached. This left the key demand area at 101.36/19 exposed. However, being that this zone is fairly dense (it consists of the ...
GBP/USD retreats from Feb high
April 11th, 2014
Pair’s Outlook As suspected, an initial test of the resistance at 1.6822/1.6786 turned out to be unsuccessful. Considering the strength of the supply area, this may result in a dip back to the up-trend support line at 1.6541/27, where ...
EUR/USD closes in on 1.39
April 11th, 2014
Pair’s Outlook EUR/USD continues to advance. It has just breached the weekly R2 and is about to hit the down-trend resistance line that connects peaks of the past six years. In addition to that there is an up-trend resistance ...
Police to wear digital cameras as part of courts efficiency plan
April 11th, 2014
Modernisation of the criminal justice system will give police mobile devices to record interviews and crime scenes Police officers will be expected to record interviews at crime scenes on mobile devices and deliver filmed evidence online under a digital ...
Code red: Stocks tank on Wall Street
April 11th, 2014
Investors might have used Wednesday’s rally as a chance to rest up so they could get back to what they’ve been doing best lately: selling. The Nasdaq lead the carnage today with a 3.1% loss. It’s fairly uncommon for ...
Cyprus: A Mediterranean island slowly rebuilding after crisis
April 11th, 2014
Cyprus, the tiny Mediterranean island bailed out a year ago, remains “in difficulty…but not as bad as one would have expected,” its finance minister Harris Georgiades told CNN during an interview in the capital city Nicosia. The country, which ...
Europe Stock Futures Follow Asia Down on Tech; Lira Falls
April 11th, 2014
European index futures and emerging-market currencies slid as a gauge of Asian stocks dropped the most in three weeks amid a selloff in technology shares that’s cut demand for riskier assets. Nickel extended its longest rally since 2010. Contracts ...
CySec: regarding new provisions for exposures to directors and shareholders of Cyprus Investment Firms (‘CIFs’)
April 11th, 2014
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority has announced the following: In the context of establishing effective arrangements and procedures for consultation with the market participants regarding the proposed changes in the national legislation ...
British Gas must pay £5.6m for blocking firms from switching
April 10th, 2014
British Gas has been ordered to pay £5.6m in compensation and fines for blocking businesses from switching suppliers and failing to tell others their contracts were ending, Ofgem said. The company, one of the Big Six suppliers, had already ...
Christine Lagarde: huge government and bank debts risk new financial crash
April 10th, 2014
IMF head argues for global co-operation on financial stability, warning against risky investments and low eurozone inflation Head of the International Monetary Fund Christine Lagarde issued a warning to world leaders on Thursday that they need to do more ...
