Search Results for: Swiss
GBP/USD Daily Chart
May 23rd, 2014
Pair’s Outlook Though GBP/USD failed to climb over the weekly R1 yesterday, there are still good chances that the 2009 highs will be soon re-tested. However, for the near-term outlook to stay bullish as it is now, the key ...
EUR/USD Daily Chart
May 23rd, 2014
Pair’s Outlook The currency pair is moving further away from the resistances. Right now it is testing the weekly S1 at 1.3642, but is expected to decline even deeper, despite the majority of the monthly studies being bullish. The ...
Logitech says audit committee investigating accounting matters
May 22nd, 2014
Logitech International SA said its audit committee is conducting an investigation into some of its accounting matters related to its earlier-stated results and the company may revise its fiscal year 2014 results. The Switzerland-based computer accessories maker said the ...
GBP/USD targets 1.70
May 22nd, 2014
Pair’s Outlook The Pound preserves the upward momentum and it seems to be well-positioned to launch an attack on the 2009 highs once the weekly R1 is out of the way. And while the weekly and monthly technical studies ...
BNP Case Shows French Companies Learn U.S. Law Hard Way
May 22nd, 2014
Some French companies have been slow to learn that doing business in the U.S. means obeying its laws. U.S. authorities are seeking a record fine against BNP Paribas SA (BNP) that would make it the first French bank since ...
Low on taxes, high on risk-aversion
May 21st, 2014
High quality global journalism requires investment. Zurich, the world’s private banking capital, is not just luring in old money. Ambitious founders are making Switzerland’s largest city their base – albeit away from the pretty, but expensive, old town. The ...
German regulator BaFin finds currency manipulation evidence
May 21st, 2014
BaFin, the German regulator, said it had found concrete evidence that traders attempted to manipulate the global currency market, making it the first financial watchdog to confirm that suspicions of wrongdoing have clear grounds. Raimund Röseler, the head of ...
GBP/USD extends recovery from up-trend support
May 21st, 2014
Pair’s Outlook As it turned out, GBP/USD did not have to undergo a deep bearish correction in order to climb over the weekly PP. Now the currency pair is free to move even higher. The immediate resistance is represented ...
EUR/USD sandwiches between monthly S1 and 200-day SMA
May 21st, 2014
Pair’s Outlook The currency pair remains completely motionless, even though the daily and especially monthly technical indicators imply elevated volatility in the exchange rate. For EUR/USD to return to being active it has to breach either the monthly S1 ...
Solicitor struck off after bribery conviction
May 20th, 2014
A solicitor has been struck off following his conviction for bribery charges in the US. The Solicitors Disciplinary Tribunal (SDT) struck off Jeffrey Tesler last week (Tuesday 13 May). The SDT heard that Mr Tesler was jailed for 21 ...
