Search Results for: Sterling
Wylys Call SEC $750 Million Trial Demand a Miscalculation
August 7th, 2014
The lawyer for Samuel Wyly and the estate of Charles Wyly told a judge they shouldn’t have to pay regulators as much as $750 million after being found liable for using a web of offshore trusts to hide stock ...
Technical Analysis GBP/USD bounced off weekly pivot
August 7th, 2014
Technical Analysis GBP/USD for August 7, 2014 Pair’s Outlook Although the Cable had the potential to advance a little further, towards the 100-day SMA or even the up-trend at 1.70, the weekly pivot point turned out to be enough to ...
Technical Analysis GBP/USD hits weekly PP
August 6th, 2014
Technical Analysis GBP/USD for August 06, 2014 Pair’s Outlook GBP/USD continues to recover—it has already reached the weekly PP at 1.6879. If the currency pair preserves the bullish momentum, it may soon test the 100-day SMA at 1.6916, which ...
Technical Analysis GBP/USD undergoes correction
August 5th, 2014
Technical Analysis GBP/USD for August 05, 2014 Pair’s Outlook After an almost non-stop descent from 1.72 GBP/USD has finally formed a noticeable green candle. If the Sterling continues developing this correction, the immediate obstacle at 1.6879 will be unlikely ...
Pound Has Longest Losing Streak in 16 Months as Data Disappoints
August 4th, 2014
The pound declined for a fourth week against the dollar, the longest losing streak in more than a year, as U.K. economic data from manufacturing output to consumer confidence was weaker than economists predicted. Sterling dropped to the lowest ...
Technical Analysis GBP/USD targets monthly S1
August 4th, 2014
Technical Analysis GBP/USD for August 4, 2014 Pair’s Outlook The Greenback underperformed relative to most of its main counterparts last Friday, but it nonetheless managed to gain more ground against the Sterling. If this tendency continues, the support at ...
SEC Seeks $1.41 Billion from Wyly Brothers For Fraud
August 4th, 2014
The Securities and Exchange Commission is seeking damages totaling $1.41 billion from Texas tycoon Sam Wyly and the estate of his late brother Charles for their role in a plan to conceal trades in companies they controlled by using ...
Pound Posts Biggest Monthly Decline Since May 2013
August 1st, 2014
The pound posted its biggest monthly decline against the dollar since May 2013 as signs of growth in the U.S. economy boosted expectations for higher Federal Reserve interest rates. Sterling fell to a seven-week low versus the greenback as ...
Technical Analysis GBP/USD tries to find support at 1.69
July 31st, 2014
Technical Analysis GBP/USD for July 31, 2014 Pair’s Outlook There still seems to be a small chance for the Sterling to avoid further depreciation, as it is currently facing a number of strong supports. Apart from a long-term rising ...
Technical Analysis GBP/USD tests long-term up-trend
July 30th, 2014
Technical Analysis GBP/USD for July 30,2014 Pair’s Outlook The U.S. Dollar is strengthening, and there are less and less chances that GBP/USD will realise the bullish potential implied by the weekly and monthly technical studies. The monthly pivot point ...
