Search Results for: EC
Soft Futures market outlook
May 23rd, 2014
Wheat futures once again started firm, but whether they will end that way… There may be some cause to hope that the trend which set in on Tuesday, of strong starts followed by weak closes, may come to an ...
Euro hits three-month low after German data surprise
May 23rd, 2014
Asian shares hit one-year highs on Friday and bond yields were on track to notch up a broad-based rise on the week, but European markets softened after a closely watched measure of German business confidence came in weaker than ...
USD/CHF preserves strong upward momentum
May 23rd, 2014
Pair’s Outlook USD/CHF continues to advance and looks ready to jump over the 200-day SMA, as suggested by the daily technical indicators. This is going to be an important accomplishment for the currency pair and will most likely imply ...
USD/JPY charges at 200-day SMA
May 23rd, 2014
Pair’s Outlook At the moment USD/JPY is forcing its way through the resistance at 101.80/73, specifically the 200-day SMA. If the attempt is successful, there will be few doubts that the rally is going to make it to the ...
KPMG’s audit discovers Portugese bank irregularities
May 23rd, 2014
An audit by KPMG of Portugese financial giant Espirito Santo International (ESI) has found it is in a “serious financial condition”. In a US regulatory filing by its affiliate Banco Espirito Santo, details are revealed about the parlous financial ...
Barclays fined £26m by FCA
May 23rd, 2014
The Financial Conduct Authority (FCA), the Bitish regulatory body, has fined Barclays Bank Plc (Barclays) £26,033,500 for failing to adequately manage conflicts of interest between itself and its customers as well as systems and controls failings, in relation to ...
Apple’s Deal With Dr. Dre’s Beats ‘Is Happening’
May 23rd, 2014
Apple’s alleged multi-million dollar deal with hip-hop mogul Dr. Dre’s (Andre Young’s) Beats Electronics “is happening,” a source told TechCruch Thursday, and the source was able to say this with “70% certainty.” The source also confirmed that Apple is ...
Dollar better bid after data, euro hobbled by rate cut view
May 23rd, 2014
The dollar hovered at one-week highs against the yen and held its ground on the euro early on Friday, having drifted up broadly after promising U.S. housing and factory activity data gave Treasury yields a bit of a lift. ...
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 ...
