Search Results for: EC
Deutsche Bank Said to Find Improper Communication in FX Case
April 10th, 2014
Deutsche Bank AG (DBK) put a London-based currency saleswoman on leave last month for inappropriate communication with the Monetary Authority of Singapore, a person familiar with the matter said. No other details on Kai Lew’s communications with MAS were ...
Bank of England on bank rate
April 10th, 2014
The Bank of England’s Monetary Policy Committee at its meeting on 9 April voted to maintain Bank Rate at 0.5%. The Committee also voted to maintain the stock of purchased assets financed by the issuance of central bank reserves ...
Turkey keeps YouTube block despite court rulings
April 10th, 2014
Turkish authorities defied court orders and reaffirmed a ban on YouTube imposed after the posting of illicit recordings of top secret security talks that was cited by Prime Minister Tayyip Erdogan as part of a “dirty campaign” to topple ...
No standstill on standards for auditing
April 10th, 2014
ACCA (the Association of Chartered Certified Accountants) comments on the strategy and work programme of the IAASB for 2015-2016 Sue Almond, external affairs director at ACCA, says: ‘It is clear that there are huge demands on the International Auditing ...
Greek bond order book soars to €17.5bn
April 10th, 2014
Greece has attracted a staggering €17.5bn order book for its eagerly anticipated return to the bond market – and banks are still taking bids. The final size of the five year deal is yet to be confirmed but banks ...
EUR/USD braces for impact of hitting key resistance
April 10th, 2014
Pair’s Outlook Just as many other resistances, the monthly pivot point also failed to stop the Euro from going higher. However, EUR/USD is now approaching a key resistance zone between 1.39 and 1.395 that consists of two major multi-year ...
GBP/USD re-tests 2009 highs
April 10th, 2014
Pair’s Outlook The Cable may have gained a strong bullish momentum, but there are still tough resistances standing in its way. The main short-term obstacle is the latest peak at 1.6822, which was reached on Feb 17. It is ...
USD/JPY to stay above 200-day SMA
April 10th, 2014
Pair’s Outlook While yesterday it appeared as if the bulls have finally taken control of USD/JPY, the current price action proves this theory to be false. Still, the main supports stay intact, meaning that chances are skewed in favour ...
USD/CHF heads towards 0.865
April 10th, 2014
Pair’s Outlook The bearish tendency of USD/CHF does not seem to be anyhow affected by the supports it violated during the past three days. Consequently, the pair is likely to continue developing the bearish wave within the 12-month falling ...
China Unveils Plan to Link Shanghai and Hong Kong Bourses
April 10th, 2014
China plans to connect the stock exchanges of Hong Kong and Shanghai, allowing a combined 23.5 billion yuan ($3.8 billion) of daily cross-border trading. Investors will be able to trade 10.5 billion yuan of Hong Kong-listed stocks through the ...
