Search Results for: EU
Technical Analysis: Currency pairs – Nov 25
November 25th, 2014
Technical Analysis for November 25, 2014 EUR/USD tried to break under 1.235 but stopped at 1.236. Currently EUR/USD has rebounce to 1.244 level and trying to touch 1.25 again. If it breaks 1.25 then it will target 1.26 next ...
China cuts key short-term money rate as Beijing pushes down cash costs
November 25th, 2014
China’s central bank lowered the yield for a key short-term money rate on Tuesday, the fourth time it has done so this year, as regulators step up efforts to reduce funding pressure for Chinese companies. The reduction, announced on ...
Ruble Jumps on Rising Oil Prices and Stimulus Hopes
November 24th, 2014
The ruble rose sharply on Monday, lifted by Russian exporters buying to meet tax payments and as oil prices stabilised at around $80 a barrel. At 1356 GMT, the ruble was around 1.7 percent stronger against the dollar at ...
1.8 billion financing deal for one of the largest redevelopment projects in prime Central London
November 24th, 2014
The National Bank of Abu Dhabi and Abu Dhabi Financial Group (ADFG), an alternative investment firm primarily focused on financial services and real estate and based in Abu Dhabi, have announced the completion of an AED 1.8 billion (GBP ...
ESMA approves Moody’s Investors Service EMEA Limited as a credit rating agency
November 24th, 2014
The European Securities and Markets Authority (ESMA) has approved the registration of Moody’s Investors Service EMEA Limited, based in the UK, as a credit rating agency (CRA) under Article 16 of the CRA Regulation. The registration takes effect from 24th November ...
Draghi Urgency for ECB Action Gets Final Reality Check
November 24th, 2014
Mario Draghi is about to find out just how urgent his call for action has become. One week after the European Central Bank president vowed to revive inflation “as fast as possible,” policy makers will receive a glimpse on ...
Monday November 24: OSB Daily Technical Analysis – Currency pairs
November 24th, 2014
OSB Daily Technical Analysis for November 24, 2014 EUR/USD Market sold off hard testing support making a low at 1.2375 which proved to be strong support. A close below 1.2350 extends down leg into the 122.50 area in the ...
Russia puts losses at up to $140 billion from Western sanctions, oil price fall: minister
November 24th, 2014
Russia is suffering losses at a rate of about $40 billion per year because of Western sanctions and $90-100 billion from the drop in the oil price, Finance Minister Anton Siluanov said on Monday. Source: Reuters – Russia puts losses at up ...
Forex Magnates London Summit – OSB Independent Review
November 24th, 2014
We attended the Forex Magnates summit in London on Tuesday 18th and Wednesday 19th November which we found very interesting, well organised and deeply insightful with regards to the where the retail forex industry is heading. Key industry figures ...
OPEC’s Easy Days Setting Oil Production Are Over, Veteran Says; You Need Russia, Norway, Mexico
November 24th, 2014
The days when OPEC members could all but guarantee consensus when deciding production levels for oil are long gone, according to a veteran of almost two decades of the group’s meetings. The global glut of crude, which has contributed ...
