Search Results for: currency market
OSB Daily Technical Analysis
August 26th, 2014
OSB Daily Technical Analysis for August 26, 2014 EUR/USD A gap lower for the EUR/USD following the announcement of ECB intentions to stimulate the economy. Support is at the 52 week low close at 1.3105. A close below this ...
Euro falls, stocks rise on ECB stimulus bet
August 25th, 2014
The euro fell to a near one-year low against the dollar and euro zone stocks and bonds rallied on Monday as investors positioned for rising chances of further policy easing by the European Central Bank. ECB President Mario Draghi ...
BofA Tax Set-Aside and Wylys Penalty
August 25th, 2014
Bank of America Corp. must set aside $490 million of its Aug. 21 $16.7 billion settlement to cover taxes that borrowers face on forgiven mortgage debt — a step taken by the Justice Department to give homeowners relief that ...
Digital vs. Virtual Currencies
August 25th, 2014
There’s a lot of misunderstanding around the terms “virtual” and “digital,” and people often mistakenly use them interchangeably. The reality is that virtual currencies are a type of digital currency, meaning that all virtual currencies are digital, but the ...
OSB Daily Technical Analysis
August 25th, 2014
OSB Daily Technical Analysis for August 25, 2014 EUR/USD The sell-off in the EUR/USD pair continued on Friday finding support close to 1.3220. Weakness continues and upward moves are most likely to trigger selling pressure. Expect the 1.3330 level to ...
Eurozone government borrowing costs hit record lows
August 22nd, 2014
Eurozone government borrowing costs sank to historic lows on Thursday as investors increased bets that the European Central Bank would take aggressive action to avert a deflationary slump, following early data indicating that the region’s recovery slowed in August. ...
OSB Daily Technical Analysis
August 22nd, 2014
OSB Daily Technical Analysis for August 22, 2014 EUR/USD – correction in the early part of the day with support being found at 1.3240. This market is still bearish, any gains are unlikely to hold as strong resistance ahead ...
OSB Daily Technical Analysis
August 21st, 2014
OSB Daily Technical Analysis for August 21, 2014 EUR/USD – bears took over the day and pushed the EUR/USD beneath the 1.33 level without much difficulty. The break below this level indicates that this market is likely to continue ...
Technical Analysis EUR/USD heads towards 1.31
August 21st, 2014
Technical Analysis EUR/USD for August 21, 2014 Pair’s Outlook Despite toughness of the demand area around 1.33 and ‘buy’ signals on the monthly chart, the bears continued to push the price lower. The currency pair has already closed beneath ...
IFC issues $2.5 billion rupee-denominated bonds
August 20th, 2014
The World Bank’s private-sector financing arm on Wednesday launched $2.5 billion, rupee-denominated, bonds in the Indian market to fund infrastructure projects, after raising $1 billion in offshore bonds for the sector last year. The International Finance Corporation’s (IFC’s) bond ...
