Search Results for: Commodities
Asian shares tentative, sterling plunges
September 8th, 2014
Sterling declined on Monday and British shares look set to underperform their peers in Europe after a poll found rising support for Scottish independence. European shares are expected to enjoy a firm tone on the whole, following gains on ...
OSB Daily Technical Analysis – Currency pairs
September 8th, 2014
OSB Daily Technical Analysis for September 8, 2014 EUR/USD Profit taking and a higher close in the EURUSD on Friday following Thursday’s sharp decline. Failure to trade intraday above 1.30 suggests this round figure is a strong resistance level ...
Brent Oil Drifts Below $102 on U.S. Inventories
September 5th, 2014
Oil fell on Thursday, with a surprise rate cut from the European Central Bank boosting the dollar and hitting commodities priced in the U.S. currency. Losses were limited by a drop in crude oil inventories in the United States, ...
OSB Daily Technical Analysis – Currency pairs
September 5th, 2014
OSB Daily Technical Analysis for September 5, 2014 EUR/USD Collapse of the EURUSD losing two big figures after the ECB announcement caught markets off guard on Thursday by announcing a rate cut. Serious damage to the chart with next ...
OSB Daily Technical Analysis – Currency pairs
September 4th, 2014
OSB Daily Technical Analysis for September 4, 2014 EUR/USD found support close to the 1.3120 area following the hammer candle of the previous day which suggested a short term bottom and reversal from recent lows. This up-swing is likely ...
Gold Drops to $1265 on Stronger Currency
September 3rd, 2014
Gold settled at its lowest level since mid-July on Tuesday, breaking through key support at August lows as the dollar hit a one-year high against the euro ahead of a European Central Bank meeting this week. In the 10 ...
OSB Daily Technical Analysis – Currency pairs
September 3rd, 2014
OSB Daily Technical Analysis for September 3, 2014 EURUSD had a mixed day on Tuesday only to close at a similar level to the previous day, finding short term support around the 1.3130 area. The pair might be heading ...
Asian stocks dip, euro stuck near one-year lows
September 2nd, 2014
Asian shares slipped on Tuesday as a U.S. holiday robbed markets of momentum, while the euro hit a fresh one-year low on uncertainty over the European Central Bank’s policy decision later this week. Spreadbetters expected an effectively flat open ...
OSB Daily Technical Analysis- Currency pairs
September 2nd, 2014
OSB Daily Technical Analysis for September 2nd, 2014 EUR/USD was largely unchanged on Monday despite bearish pressure. Weakness continues and lower prints are almost certain considering looming ECB actions in the near term. USD/JPY Breakout for the USD/JPY pair ...
CFTC Charges California Resident Ralph Metters with Forex Fraud
September 1st, 2014
The U.S. Commodity Futures Trading Commission (CFTC) has announced that Judge Manuel L. Real of the U.S. District Court for the Central District of California entered on August 27, 2014 an emergency Order freezing and preserving assets under the ...