Search Results for: dollar
Lloyds Banking Group charged with $370 million fine
July 28th, 2014
Britain’s Lloyds Banking Group (LLOY.L) has agreed to pay fines totaling $370 million to U.S. and British authorities investigating its part in a global interest rate rigging scandal and manipulating fees for a UK government lending scheme. The settlement ...
EUR/USD Below 1.3430 as traders earn from bullish turn
July 28th, 2014
The dollar was about 0.1 percent from the strongest level in eight months against the euro as investors raised bets it would climb versus the single currency to the most since November 2012. The U.S. currency maintained its biggest ...
Technical Analysis USD/CHF aims for 2014 high
July 28th, 2014
Technical Analysis USD/CHF for Monday, July 28, 2014 Pair’s Outlook The Greenback carries on strengthening, and there are supposedly no significant hurdles until this year’s high at 0.9156. We may expect some profit-taking around 0.91 (monthly R2), but the ...
Technical Analysis USD/JPY prone to returning to 101
July 28th, 2014
Technical Analysis USD/JPY for Monday, July 28, 2014 Pair’s Outlook The currency pair is facing strong resistance at the moment, which it might turn out to be unable to break. The longer-term technical indicators suggest sticking to a bullish ...
USD/CAD reached 1.0815 on Economic Concern
July 28th, 2014
The Canadian dollar sank to a five-week low before reports next week that are forecast to show the nation’s economy is lagging behind that of the U.S., its biggest trading partner. The currency fell for a second day against ...
USD/HKD remains bullish as HKMA Buys $690 Million
July 28th, 2014
Hong Kong’s de facto central bank bought $690 million on July 25 to defend the city’s 31-year-old peg to the U.S. dollar as it expects demand for the local currency to continue. “Having regard to the on-going listings, mergers ...
Asia stocks drop after earnings hurt Wall Street
July 28th, 2014
Asian stocks faced a drop in Wall Street and hovered near three-year highs on Monday, with China taking the lead after data showed a robust jump in profits earned by industrial firms in the world’s second-largest economy. The dollar ...
Technical Analysis AUD/USD – Retreats below 0.9425
July 28th, 2014
Technical Analysis AUD/USD for Monday, July 28, 2014 The Australian dollar is trading in a small range just below 0.9400 after reaching a three week high just shy of 0.9480 towards the end of last week. During the middle of ...
Your Mind, Your Investment Returns
July 25th, 2014
Regular readers know I enjoy discussing behavioral aspects of investing. The reasons for this are twofold: First, we can’t control the markets, but we can control our own reactions to it (at least we can try). And second, many ...
Gold Steadies After Losses, Remains Under $1300
July 25th, 2014
Gold remains under the key level of $1300, as the spot price stands at $1293.13 per ounce late the European session. The metal has now slipped about 2% in the past week. On the release front, it’s a quiet ...
