Search Results for: dollar
Australia 200 – Bounces Strongly Off Support at 5100
October 15th, 2014
Australia 200 for Wednesday, October 15, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...
Citi pulls out of consumer banking in 11 countries, profit jumps
October 15th, 2014
Citigroup Inc said it is pulling out of consumer banking in 11 markets, including Japan and Egypt, as the U.S. bank with the biggest international business looks to cut persistently high costs. The third-largest U.S. bank, built with a ...
Wednesday October 15: OSB Daily Technical Analysis- Currency pairs
October 15th, 2014
OSB Daily Technical Analysis for October 15, 2014 EUR/USD declined on Tuesday and got back in line with general longer term trend testing support at the 1.2640 area. Pair likely to test recent lows at the 1.25 area. A ...
EUR/USD stopped by 1.2740
October 15th, 2014
Pair’s Outlook Although EUR/USD seemed to have found strong support at 1.26 when it hit the Aug-Sep down-trend, the rally initiated there was unable to penetrate the resistance at 1.2740. Now the currency pair is unlikely to launch an ...
Oil prices tumble 4% on demand outlook
October 15th, 2014
Crude oil prices tumble again on lower demand; gas prices to follow. Another slump in crude oil prices pummeled the energy sector on Tuesday. Benchmark West Texas sank 4% to $82.32 a barrel – a 28-month low – while ...
Gold – Eyes on Previous Key $1240 Level
October 14th, 2014
Gold for Tuesday, October 14, 2014 For the last few weeks Gold has enjoyed solid support at $1215 after falling strongly a couple of weeks ago from $1240 to just below $1215, however a couple of weeks ago it ...
Agile’s Chairman placed under custody
October 13th, 2014
Agile Property Holdings Ltd. tumbled the most on record after its billionaire founder and chairman Chen Zhuolin was placed under the control of Chinese prosecutors and amid reports it assisted in money laundering in legal news. The stock plunged ...
Venezuela ordered to pay $1.6 billion to Exxon
October 10th, 2014
International arbitration panel rules against South American nation in oil project complaint. An international arbitration panel has ordered Venezuela’s socialist government to pay $1.6 billion to ExxonMobil for the seizure of a major oil project in the South American ...
Ex-wife of Glock founder sues him over millions
October 10th, 2014
Lawsuit accuses gun maker of conspiring to cheat her out of money she is owed. After working decades to build a wildly successful firearms company, Gaston Glock conspired with associates to push out his ex-wife and business partner of ...
Interview with St. Louis Fed Vice President on Bitcoin
October 9th, 2014
Dr David Andolfatto, who is Vice President of the St. Louis Federal Reserve, has been one of the most forward-looking people at central banks around the world when it comes to crypto-currencies. Here he speaks with Max Rangeley, Editor ...
