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Elliott Wave Analysis: USDCHF and EURCHF

September 7th, 2017 (0)
  Elliott Wave Analysis: USDCHF and EURCHF Despite sharp leg up on EURUSD, USDCHF is sitting at 61.8% Fib. support level so there is a chance for a bounce, but would need 0.9593 broken to confirm a new leg ...

Federal Reserve outlines next steps for payment system improvement

September 7th, 2017 (0)
The Federal Reserve published, Strategies for Improving the U.S. Payment System: Federal Reserve Next Steps in the Payments Improvement Journey, a paper identifying updated tactics it will pursue to help improve the speed, safety and efficiency of the U.S. ...

Facebook accused of fake audience numbers

September 7th, 2017 (0)
Social-media company tells advertisers it can reach more than 100 million U.S. adults younger than 35, but census only counts 76 million Facebook Inc. claims its ads have the potential to reach more people than recent U.S. census data ...

Euro strength makes Europe a buying opportunity for investors, Barclays says

September 7th, 2017 (0)
A recent correction in European stocks due to the strength of the euro is a buying opportunity for investors, according to a new report from Barclays. Five percent decline in European stocks driven by the 10 percent appreciation in ...

Cryptocurrency Transactions Could Surpass $1 Trillion This Year

September 6th, 2017 (0)
The value of cryptocurrency transactions is forecast to surpass $1 trillion this year, which is 15 times the level reached in 2016. That’s according to a new study from Juniper Research called The Future of Blockchain: Key Vertical Opportunities ...

Elliott Wave Analysis: German DAX and Crude Oil

September 6th, 2017 (0)
  Elliott Wave Analysis: German DAX and Crude Oil German dax looks to be trading in a temporary correction. We see a three-wave pullback in motion, with prices trading in final leg C. Current correction resembles a flat pattern ...

EY announced global revenues of US$31.4b

September 6th, 2017 (0)
EY announces combined global revenues of US$31.4b for the financial year ended 30 June 2017. Overall, financial year (FY) 2017 revenue grew by 7.8% in local currency (versus FY16). All EY service lines delivered strong growth in FY17: Assurance ...

Moscow Exchange launches FX fixing instruments

September 6th, 2017 (0)
From 4 September 2017, Moscow Exchange has offered instruments to trade at the MOEX FX USD/RUB and EUR/RUB fixing prices with clearing and settlement via its clearinghouse, NCC Clearing Bank. Russian banks including subsidiaries of large global financial groups ...

Lego to axe 1,400 jobs

September 6th, 2017 (0)
Lego is to cut 1,400 jobs before the end of the year in a bid to scale back the 85-year-old business after suffering its first drop in sales in more than a decade. The Danish toymaker said it was ...

Main moves in the markets and key events coming this week; Asian markets early review

September 6th, 2017 (0)
Stocks fell in most Asian markets as nations grapple with how to deal with escalating provocations from North Korea. The yen was near its strongest level for the year and U.S. Treasury yields were at their lowest since the ...
Broker Cyprus TopFX