Search Results for: EC
EUR/USD approaches monthly PP
April 2nd, 2014
Pair’s Outlook For now this week is bullish for EUR/USD, as it is about to post a third day of gains. Still, there are significant obstacles lying overhead and posing significant risks to the currency recovery, such as the ...
GBP/USD plunges beneath monthly pivot point
April 2nd, 2014
Pair’s Outlook At first it looked as if the Sterling is going to continue the advancement seen last week. However, despite the bullish technical signals on the weekly and monthly time-frames, the price declined, being unable to withstand the ...
Europe Index Futures Rise With Asia as Yen Retreats
April 2nd, 2014
European index futures climbed with Asian stocks, Treasuries fell and the yen retreated before reports that may signal the U.S. economic recovery is gathering pace. New Zealand’s dollar weakened and gold rebounded. The MSCI Asia Pacific Index added 0.4 ...
BMW’s March Push Narrows Mercedes’ U.S. Luxury Sales Lead
April 2nd, 2014
Bayerische Motoren Werke AG’s BMW brand posted its best March sales ever, helping the German luxury-automaker shrink Mercedes-Benz’s 2014 lead. BMW sold 32,107 vehicles last month, an increase of 19 percent from a year earlier, led by its mid-size ...
USD/JPY probes resistance at 104
April 2nd, 2014
Pair’s Outlook The U.S. Dollar disregards the daily and weekly technical indicators and strengthens relative to the Japanese Yen. As the supply at 103.34 is now out of the way, USD/JPY is facing the resistance at 104.00/103.79, which should ...
ASIC: lender pays $30,600 penalty for misleading online advertisements
April 2nd, 2014
Australian Securities and Investments Commission (ASIC), has announced that “Paid International Ltd”, formerly known as First Stop Money Ltd, has paid $30,600 in penalties after ASIC issued three infringement notices for making misleading representations in its online advertisements. The ...
Financial Conduct Authority to investigate how firms deal with risk benchmark manipulation
March 31st, 2014
The Financial Conduct Authority (FCA) has announced plans to look into how firms can reduce the risk of traders manipulating key benchmarks as a central part of its Business Plan for 2014/15, which was published today. The forward-looking thematic ...
Insolvency profession says fee changes will see fewer rescues
March 31st, 2014
THE INSOLVENCY PROFESSION believes that government proposals to change fee structures in corporate collapses will lead to fewer business rescues. More than three quarters (77%) of practitioners said that enforcing the use of fixed-fees would lead to practitioners taking ...
Lobbyists and lawmakers, one big family
March 31st, 2014
The American people do not like Congress — and they don’t like Congress at historic levels. Gallup polling showed that only 12% of the American people approved of Congress in February. And it’s easy to see why. Americans think ...
FCA to investigate how firms deal with risk benchmark manipulation
March 31st, 2014
The Financial Conduct Authority (FCA) has announced plans to look into how firms can reduce the risk of traders manipulating key benchmarks as a central part of its Business Plan for 2014/15, which was published today. The forward-looking thematic ...
