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Wednesday November 19: OSB Daily Technical Analysis – Indices

November 19th, 2014 (0)
OSB Daily Technical Analysis for November 19, 2014   Positive day with a break above the key 2050 level foe the S&P bringing gains in the last month close to 9%. Strongly bullish market likely to continue making new ...

ASIC issues warning about unlicensed FX dealer YoutradeFX

November 19th, 2014 (0)
ASIC has today cautioned Australian investors against dealing with the company or group YoutradeFX for trading in margin foreign exchange (FX). ASIC advises that YoutradeFX is not regulated by ASIC, nor is it licensed to trade in margin FX ...

World Bank: Bitcoin is not a “Ponzi Scheme”

November 19th, 2014 (0)
Ponzi scheme: A fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned by the operator. Many of the ...

Ruble Recovers Slightly as Exporters Sell U.S. Dollars for Tax Payments

November 18th, 2014 (0)
The ruble strengthened on Tuesday as Russian exporters converted part of their foreign-currency earnings to meet tax payments, but weak oil prices capped gains. At 0830 GMT, the ruble was around 0.8 percent stronger against the dollar at 46.72 ...

Pound Falls a Fourth Day as Carney Signals Disinflation Risks

November 17th, 2014 (0)
The pound fell for a fourth day against the dollar, approaching a 14-month low, as Bank of England Governor Mark Carney and Chief Economist Andy Haldane signaled they’re concerned that inflation is slowing. U.K. government bonds rose along with Treasuries, pushing 10-year gilt ...

Monday November 17: OSB Daily Technical Analysis – Currency pairs

November 17th, 2014 (0)
OSB Daily Technical Analysis for November 17, 2014 EUR/USD rallied above the 1.25 handle after selling off in the early session. Significant resistance is above at in the 1.2550-80. Pair likely to retest this area and make a push ...

Friday November 14: OSB Daily Technical Analysis – Currency pairs

November 14th, 2014 (0)
OSB Daily Technical Analysis for November 14, 2014 EUR/USD failed again to climb back above 1.25 resistance. A close above this level is needed give bulls a chance to regain some upside momentum. More consolidation likely. A close below ...

U.S. stocks slip from records; oil falls

November 13th, 2014 (0)
U.S. equity prices edged off record highs on Wednesday led by weakness in the financial sector after six global banks were fined a total of $4.3 billion for currency rigging, while the oil market sagged on concerns about a ...

Wednesday November 12: OSB Daily Technical Analysis – Currency pairs

November 12th, 2014 (0)
OSB Daily Technical Analysis for November 12, 2014 EUR/USD edged higher on the day hitting resistance at the 1.25 handle. Pair looking to bounce above this key resistance level. A close above extends to the 1.2540-70 area. Consolidation and ...

Putin seeks to reassure world amid ‘perfect storm’

November 11th, 2014 (0)
The Russian ruble strengthened against the dollar on Monday after President Vladimir Putin said there were no “fundamental economic reasons” for the currency’s slide, but analysts –and the country’s central bank — beg to differ. Speaking at an Asia ...
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