Search Results for: Swiss Banks
Levine on Wall Street: Revenue Models
June 12th, 2014
Is Uber’s valuation reasonable? Aswath Damodaran thinks no, Andrew Ross Sorkin thinks yes, but two data points from Henry Blodget that may or may not be true are that its revenue (1) is now $2 billion a year and ...
BNP Fine Puts Pressure on Hollande to Act
June 2nd, 2014
A potential $10 billion U.S. penalty against France’s largest bank BNP Paribas SA (BNP) for its alleged dealings with Iran and other sanctioned nations, is stirring outrage in the country. It is putting pressure on President Francois Hollande, who hosts ...
GBP/USD retreats from 100-day SMA
May 30th, 2014
Pair’s Outlook Being that GBP/USD has just broken out of the bullish channel to the downside and met a strong support level, there is likely to be a pullback up to 1.6784/76. And regardless of the bullish technical indicators ...
EUR/USD confirms monthly S2
May 30th, 2014
Pair’s Outlook EUR/USD is currently undergoing a bullish correction as a result of an encounter with the support at 1.3582 represented by the monthly S2 level. This rally, should it persist, is unlikely to extend beyond the weekly PP ...
GBP/USD violates 15-month up-trend
May 29th, 2014
Pair’s Outlook Even though the support at 1.6782/76 was deemed to be strong and most of the technical indicators were bullish, the Pound took a major hit yesterday. The currency plummeted through the monthly PP, 55-day SMA and, even ...
EUR/USD tests monthly S2
May 29th, 2014
Pair’s Outlook The selling pressure is likely to somewhat subside, considering that the currency pair is approaching a potentially tough support at 1.3582, consisting of the monthly S2 and weekly S1. Nevertheless, EUR/USD is expected to preserve the bearish ...
GBP/USD challenges weekly PP
May 27th, 2014
Pair’s Outlook The Cable is currently eroding the supply area at 1.6855/51, a breach of which will pave the way towards a major level at 1.70. However, due to toughness of the resistance, advancement beyond this point seems to ...
EUR/USD postpones decline
May 27th, 2014
Pair’s Outlook EUR/USD recovered some of the losses yesterday, but the market is nevertheless considered to be bearish. The reason is that the key resistances, such as the down-trend at 1.39, stay intact, but some of the most important ...
USD/CHF preserves strong upward momentum
May 23rd, 2014
Pair’s Outlook USD/CHF continues to advance and looks ready to jump over the 200-day SMA, as suggested by the daily technical indicators. This is going to be an important accomplishment for the currency pair and will most likely imply ...
USD/JPY charges at 200-day SMA
May 23rd, 2014
Pair’s Outlook At the moment USD/JPY is forcing its way through the resistance at 101.80/73, specifically the 200-day SMA. If the attempt is successful, there will be few doubts that the rally is going to make it to the ...
