Search Results for: Trading
ASIC shuts down unlicensed FX business and removes its director from the industry
November 20th, 2014
ASIC has taken action in the NSW Supreme Court to permanently shut down unlicensed foreign exchange (FX) business, Vault Market Pty Ltd (Vault Market), and to remove its sole director, Mr MD Anamul Amin, from the financial services industry. ...
Yahoo to replace Google as default search engine on Firefox in US
November 20th, 2014
Yahoo will replace Google as the default search engine on the Firefox web browser in the US, signalling Yahoo’s resolve to regain some of the ground that it has lost in the most lucrative part of the internet’s ad market. The ...
Technical Analysis: Indices – Nov 20
November 20th, 2014
Technical Analysis for November 20, 2014 SPX has broken off 2050 line but a revered around 2045 level. A break over 2060 next will target 2100 but a lower leg to 2040 will send SPX back into the 2020-2050 ...
Technical Analysis: Commodities– Nov 20
November 20th, 2014
Technical Analysis for November 20, 2014 XAU/USD (GOLD) has been moving around 1188 – 1200 level and made no new attempts at all. A break over 1205 will target 1240 next and a lower leg under 1175 will target ...
Technical Analysis: Currency pairs – Nov 20
November 20th, 2014
Technical Analysis for November 20, 2014 EUR/USD attempts to cross over 1.257 line but failed and it has formed double top at 1.257 level. A break over 1.258 will target 1.257 next and this will bring further heavy bullishness in ...
Islamic finance body AAOIFI to revise four standards, eyes sukuk
November 20th, 2014
The Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) will revise four of its standards in the first half of next year while expanding its guidance for Islamic bonds, the industry body said. Earlier this month, AAOIFI issued ...
Yen Falls to Seven-Year Low on Election Outlook as Won Drops
November 20th, 2014
The yen declined to a seven-year low versus the dollar amid speculation Prime Minister Shinzo Abe will win elections and extend his economic stimulus program. Japan’s currency dropped against all except one of its 16 major counterparts. A gauge ...
Australia’s ANZ bank suspends seven traders
November 19th, 2014
ANZ, one of Australia’s biggest banks, has suspended seven traders as part of an inquiry into the potential rigging of key interbank interest rates. The Australian Securities and Investment Commission (ASIC) has been investigating the country’s interbank market since ...
Dollar Climbs With European Stocks as Treasuries Decline
November 19th, 2014
The dollar strengthened to a seven-year high against the yen before the Federal Reserve releases minutes of its last meeting, when it ended a bond-buying program. Treasuries and German bunds declined while stocks rose in Europe and the pound gained. The U.S. currency ...
BoE split 7-2 over interest rates; Royal Mail shares dive 8%
November 19th, 2014
Latest Update at 15:04 US markets have opened and ahead of the latest Federal Reserve minutes, due to be released later, they have got off to a downbeat start. After Tuesday’s new record – yes, yet another one – ...
