Search Results for: Commodities
Friday January 2: OSB Daily Technical Analysis – Currency pairs
January 2nd, 2015
OSB Daily Technical Analysis for January 2, 2015 EURUSD hit new two year lows on the last trading session of the year. Market now almost at the bottom of its longer term range of 1.40-1.20. A break beneath the ...
Wednesday December 31: OSB Daily Technical Analysis – Currency pairs
December 31st, 2014
OSB Daily Technical Analysis for December 31, 2014 EURUSD made a new yearly low on Tuesday showing no signs of a bottom as of yet. Subsequent bounce found resistance at 1.2187 suggesting further pushback in the 1.22 area. Trading ...
Top 10 Reasons to Abolish the Corporate Income Tax
December 30th, 2014
America’s corporate income tax rate, at 35%, is the highest in the world. A rising chorus would like to bring it more in line with foreign rates, which average around 23%. I have a better idea—abolish the tax. The ...
Tuesday December 30: OSB Daily Technical Analysis – Currency pairs
December 30th, 2014
OSB Daily Technical Analysis for December 30, 2014 EURUSD tried to rally in the early session falling short at 1.2220 resistance level only to fall back into negative territory breaking through previous low to find resistance at 1.2142. Support ...
Wednesday December 24: OSB Daily Technical Analysis – Currency pairs
December 29th, 2014
OSB Daily Technical Analysis for December 24, 2014 New downleg in the EURUSD after consolidation for several sessions saw the EURUSD making a new yearly low on the day. Further downside imminent with a break beneath yesterdays low extending ...
DGCX launches three new Emerging Market currency futures
December 29th, 2014
Expanding its suite of Emerging Market (EM) products, the Dubai Gold and Commodities Exchange (DGCX), today announced the launch of three new currency contracts – Russian Ruble Futures, Korean Won Futures and South African Rand Futures. The new contracts ...
Tuesday December 23: OSB Daily Technical Analysis – Currency pairs
December 23rd, 2014
OSB Daily Technical Analysis for December 23, 2014 Light trading day for the EURUSD which made a new intraday low on the day, suggesting further downside with a test of the 1.22 imminent. On the upside market is capped ...
Asia pauses after Wall Street peak, oil pares losses
December 23rd, 2014
A holiday hush settled over Asian markets on Tuesday after Wall Street closed at historic highs while oil prices recouped just a little of the losses suffered when Saudi Arabia quashed all thought of curbing supply. A revival in ...
Monday December 22: OSB Daily Technical Analysis – Currency pairs
December 22nd, 2014
OSB Daily Technical Analysis for December 22, 2014 EURUSD broke new lows on Friday with bears having a field day in the pair. A break below here extends to a test of the 1.22 handle extends to 1.2165 given ...
Emerging market fixed-income and FX markets
December 19th, 2014
Emerging market fixed-income and FX markets are poised for a third year of volatility because of a slowing China, strengthening dollar, lower oil prices, the prospect of a US rate hike, and the shortage of investable high yielders, as ...