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Judge Rakoff Says 2011 S.E.C. Deal With Citigroup Can Close
August 6th, 2014
The settlement that just wouldn’t settle — Citigroup’s 2011 deal with the Securities and Exchange Commission — has finally cleared its last hurdle. Judge Jed S. Rakoff of Federal District Court in Manhattan, who initially rejected the $285 million ...
Technical Analysis EUR/USD remains bearish
August 6th, 2014
Technical Analysis EUR/USD for August 06, 2014 Pair’s Outlook As expected, none of the nearest supports were able to underpin the price, which gave up 50 pips more. Now there is only the weekly S2 and Bollinger band that ...
Technical Analysis GBP/USD hits weekly PP
August 6th, 2014
Technical Analysis GBP/USD for August 06, 2014 Pair’s Outlook GBP/USD continues to recover—it has already reached the weekly PP at 1.6879. If the currency pair preserves the bullish momentum, it may soon test the 100-day SMA at 1.6916, which ...
Technical Analysis USD/CHF is willing to touch 0.9156
August 6th, 2014
Technical Analysis USD/CHF for August 06, 2014 Pair’s Outlook The U.S. Dollar has launched yet another attack on 0.9099, which has been lately keeping USD/CHF from advancing further. If the attempt is successful, the currency pair will be in ...
Technical Analysis USD/JPY lingers at 200-day SMA
August 6th, 2014
Technical Analysis USD/JPY for August 06, 2014 Pair’s Outlook USD/JPY remains unable to decouple from the 200-day SMA, which is not caving in to the selling pressure but at the same time is failing to ignite a rally. However, ...
Technical Analysis USD/CHF seeks to refresh 2014 high
August 5th, 2014
Technical Analysis USD/CHF for August 05, 2014 Pair’s Outlook As it turned out, USD/CHF did not have to slide down to 0.90 in order to terminate the correction that was started last week. Right now the currency pair is ...
Technical Analysis EUR/USD targets 1.33
August 5th, 2014
Technical Analysis EUR/USD for August 5, 2014 Pair’s Outlook Trading was quiet yesterday, as the weekly pivot point kept EUR/USD afloat. But the currency pair is likely to breach the support at 1.3413 and head towards the 2013 Q4 ...
Technical Analysis GBP/USD undergoes correction
August 5th, 2014
Technical Analysis GBP/USD for August 05, 2014 Pair’s Outlook After an almost non-stop descent from 1.72 GBP/USD has finally formed a noticeable green candle. If the Sterling continues developing this correction, the immediate obstacle at 1.6879 will be unlikely ...
Technical Analysis USD/JPY supported at 102.50
August 5th, 2014
Technical Analysis USD/JPY for August 04, 2014 Pair’s Outlook The support provided by the 200-day SMA and weekly PP proved to be weaker than initially expected, as the upward momentum is not gaining traction. Nevertheless, the long-term outlook remains ...
Oil companies may deregulate diesel prices by Diwali
August 4th, 2014
The government raised diesel prices by 50 paise on Friday and under-recoveries – the price differential between cost and selling price on every litre of diesel sold is now Rs 1.33. Diesel prices were first deregulated by the NDA ...
