Search Results for: EU
OSB Daily Technical Analysis – Currency pairs
September 15th, 2014
OSB Daily Technical Analysis for September 15, 2014 EUR/USD consolidation day on Friday closing below 1.2965 resistance after finding support at the 1.29 level. Action suggests downside may be limited from here and a further corrective bounce towards the ...
HSBC settles a $550 Million lawsuit
September 15th, 2014
HSBC has agreed to pay $550 million for a lawsuit filed in 2011 by the Federal Housing Finance Agency, the federal regulator that oversees the government’s two mortgage finance companies, over troubled mortgage-backed securities sold in the lead-up to ...
SRA silent over ‘fake’ bank law firm probe
September 15th, 2014
Regulator makes no comment on letter-writing practice despite stern warning in july. The Solicitors Regulation Authority has received complaints about individual in-house solicitors accused of involvement in sending letters purporting to be from independent law firms, as more banks ...
Brazilian Mogul faces charges of Insider Trading
September 15th, 2014
The Brazilian businessman Elike Batista was accused of manipulating the share price of his now-bankrupt petroleum company, OGX, and engaging in insider trading. The investigation from the public prosecutor began in April. If a trial takes place and Mr. ...
Oscar Pistorius guilty of ‘culpable homicide’
September 12th, 2014
South African judge on Friday convicted athlete Oscar Pistorius of “culpable homicide” in the death of his girlfriend, Reeva Steenkamp. A conviction of culpable homicide, the term for manslaughter in South Africa, carries a maximum 15-year prison sentence. Pistorius ...
Scottish tax: Can meltdown be avoided?
September 12th, 2014
When Scottish electors cast their votes in the independence referendum on 18 September, a ‘no’ outcome would result in greater devolution of tax powers to Holyrood. By contrast, a ‘yes’ result in support of independence would create the need ...
Dollar’s rise pressures commodities amid Fed anxiety
September 12th, 2014
The U.S. dollar was riding high in Asia on Friday as unceasing speculation about the prospects for rising U.S. interest rates undermined commodity prices and spurred investors to unwind leveraged trades in higher-yielding currencies. Talk the Federal Reserve might ...
Cities Compete to Be the Arena for Global Legal Disputes
September 12th, 2014
The 48-mile Panama Canal expansion is an engineering marvel that promises to speed up international commerce and may be a boon for global ports. It is also one that involves lots of disputes over cost overruns and construction delays, ...
Rupee recovers from initial losses, up 2 paise to 60.91 against dollar
September 12th, 2014
The rupee pared its initial losses to recover by two paise to 60.91 per dollar in late morning deals today following bouts of selling of the greenback by banks and exporters. The domestic unit resumed lower at 60.97 per ...
OSB Daily Technical Analysis – Currency pairs
September 12th, 2014
OSB Daily Technical Analysis for September 12, 2014 EUR/USD Mixed day and consolidation for the EURUSD on Thursday which appears to be developing a base within this tight range. Strong resistance at 1.2965 and more significantly at 1.30. A ...
