Archives
USD/JPY to stay above 200-day SMA
April 10th, 2014
Pair’s Outlook While yesterday it appeared as if the bulls have finally taken control of USD/JPY, the current price action proves this theory to be false. Still, the main supports stay intact, meaning that chances are skewed in favour ...
USD/CHF heads towards 0.865
April 10th, 2014
Pair’s Outlook The bearish tendency of USD/CHF does not seem to be anyhow affected by the supports it violated during the past three days. Consequently, the pair is likely to continue developing the bearish wave within the 12-month falling ...
India Capital Votes in 3rd Phase of World’s Biggest Election
April 10th, 2014
Voters in India’s capital headed to polling booths today in the third phase of the biggest election in world history, with Narendra Modi’s Bharatiya Janata Party set to win the most seats and grab power after a decade. About ...
China Unveils Plan to Link Shanghai and Hong Kong Bourses
April 10th, 2014
China plans to connect the stock exchanges of Hong Kong and Shanghai, allowing a combined 23.5 billion yuan ($3.8 billion) of daily cross-border trading. Investors will be able to trade 10.5 billion yuan of Hong Kong-listed stocks through the ...
Asia Stocks Cut Gain as Emerging Currencies Fall on China
April 10th, 2014
Asian stocks pared gains, while emerging-market and commodity producers’ currencies slipped as a surprise drop in China’s trade tempered optimism after the Federal Reserve eased concern about U.S. rate rises. Indonesian equities tumbled after elections failed to show a ...
Tax Writers Clash on Paying for Extending Business Breaks
April 9th, 2014
The top lawmakers on the House Ways and Means Committee disagreed over whether extending tax breaks for research and international finance operations should be offset to prevent the U.S. budget deficit from growing. Representative Dave Camp, the committee chairman, ...
FCA warning for a clone company
April 9th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a Warning informing the investors that “IAF Capital Limited” (http://en.iafcap.com) is the Clone of FCA authorised firm “IAF Capital Limited” (http://www.iafcapital.com). FCA points out that investors should be cautious ...
European Stocks Rise After Two-Day Drop; Kingfisher Gains
April 9th, 2014
European stocks advanced, after the region’s equities posted their first back-to-back losses in more than three weeks. U.S. index futures were also little changed, while Asian shares outside Japan rose. Kingfisher Plc (KGF) added 1.5 percent as UBS AG ...
Ukraine Mounts Security Push as Russia Warns on Civil War
April 9th, 2014
Ukrainian authorities sent security forces to Kharkiv to clear the country’s second-biggest city of separatists as U.S. Secretary of State John Kerry accused Russia of using “special forces and agents” to spark unrest. An “anti-terrorist operation” was under way ...
SEC Goldman Lawyer Says Agency Too Timid on Wall Street Misdeeds
April 9th, 2014
A trial attorney from the Securities and Exchange Commission said his bosses were too “tentative and fearful” to bring many Wall Street leaders to heel after the 2008 credit crisis, echoing the regulator’s outside critics. James Kidney, who joined ...
