Archives
Apple Witness at $2 Billion Samsung Trial Is All About Sales Ban
April 9th, 2014
Apple Inc. (AAPL) showed that it’s aiming beyond $2 billion in damages in its trial against Samsung Electronics Co. by calling a witness whose studies were previously used to argue for a ban on U.S. sales of the Galaxy ...
USD/JPY plummets to 102
April 9th, 2014
Pair’s Outlook Stabilisation of USD/JPY near 102.72/66, as was expected yesterday, did not turn out to be the case. Instead, the exchange rate fell more than 100 pips and found support only near the 38.2% retracement of the November-December ...
GBP/USD skyrockets
April 9th, 2014
Pair’s Outlook None of the nearby resistances proved to be strong enough to prevent GBP/USD from soaring yesterday. Both the 55-day SMA and monthly PP were effortlessly pierced through, leaving a nine-month up-trend open to attack. And while for ...
EUR/USD extends rally to monthly PP
April 9th, 2014
Pair’s Outlook The 55-day SMA failed to contain bullishness of the common currency yesterday. As a result, EUR/USD is now testing the monthly pivot point at 1.3815, which guards the main resistance area near 1.39. The latter level is ...
The EU must place a greater emphasis on effective public financial management for the benefit of its citizens
April 8th, 2014
The European Court of Auditors will have an ever increasing role to play when it comes to the effectiveness of EU public financial management, says an EU auditor’s essay in a report from ACCA The European Court of Auditors ...
Reputation: The Hardest Risk to Manage
April 8th, 2014
GlaxoSmithKline’s unfolding bribery scandal is an object lesson in how a direct hit to its reputation can devastate a company’s finances. Protecting an organization’s reputation is the most important and difficult task facing senior management teams and boards of ...
European Stocks Are Little Changed Amid Ukraine Tension
April 8th, 2014
European stocks were little changed, after dropping yesterday from a six-year high, as investors weighed escalating tensions between America and Russia over the future of eastern Europe. U.S. index futures and Asian shares were also little changed. Suedzucker AG ...
U.K. Industrial Output Surges More Than Forecast
April 8th, 2014
U.K. industrial production rose more than economists forecast in February bolstered by a surge in factory output that points to a continuing economic recovery. Production increased 0.9 percent from January, when it was unchanged, the Office for National Statistics ...
Bank of England announces expansion of eligibility of securities guaranteed by UKEF as collateral in the Bank’s facilities
April 8th, 2014
The Bank of England announces the following: UK Export Finance-guaranteed debt capital market notes issued under pro forma documentation and processes that have been agreed between UKEF and the Bank of England will be eligible for the Bank of ...
USD/CHF capped by 0.8940/23
April 8th, 2014
Pair’s Outlook A resistance zone at 0.8940/23, mainly formed by the monthly R1 and 100-day SMA, proved to be tough yesterday by throwing USD/CHF beneath the 2012 lows at 0.89. Now, if the 55-day SMA fails to underpin the ...
