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Technical Analysis GBP/USD wallows beneath 1.72

July 17th, 2014 (0)
Technical Analysis GBP/USD 17/07/2014 Pair’s Outlook Although at the beginning of the week it seemed that GBP/USD has finally received a strong upward impetus after a test of the 2009 peak, the pair remains unable to surpass this month’s ...

FBI sentences man for a $3.4 Million Forex trading fraud

July 17th, 2014 (0)
The American Federal Bureau of Investigation(FBI) has announced that a Quincy man swindled more than two dozen investors out of $3.4 million in an exotic foreign exchange fraud run from his Quincy home. Marcellus Lopes Lee was indicted in ...

U.S. sanctions set to slow Rosneft’s dollar debt, not oil deals

July 17th, 2014 (0)
President Barack Obama aimed a direct blow at Russia’s economic heart on Wednesday with sanctions on Rosneft, the flagship oil giant that generates more than 4 percent of the world’s crude and over 8 percent of the country’s GDP. ...

Yellen Says Restraining the Fed’s Oversight Would Be a ‘Grave Mistake’

July 17th, 2014 (0)
The Federal Reserve’s chairwoman, Janet L. Yellen, said on Wednesday that it would be a “grave mistake” for Congress to adopt legislation proposed by House Republicans constraining the Fed’s management of monetary policy. Ms. Yellen and Republican lawmakers traded ...

MP Andrew Mitchell invested in scheme HMRC says avoided tax

July 17th, 2014 (0)
Former government chief whip Andrew Mitchell has invested in a high-profile film financing company considered to be a tax avoidance scheme by HMRC. Tax collectors say the scheme’s investors can expect to receive big tax bills in the coming ...

CoinPip Supports Merchants Internationally

July 16th, 2014 (0)
Singapore-based bitcoin payment solution CoinPip Pte Ltd has been working tirelessly to make accepting digital currency even easier for its clients and for merchants in over 122 countries. Using CoinPip’s recently updated system, merchants can now instantly convert their ...

U.S. court revives BP retirement-plan suit filed after oil spill

July 16th, 2014 (0)
A U.S. appeals court on Tuesday revived a lawsuit in which participants in four BP Plc employee retirement savings plans alleged they were deceived into buying and holding BP stock before and after the 2010 Deepwater Horizon disaster. The ...

HMRC publishes list of suspect tax avoidance schemes

July 15th, 2014 (0)
HM Customs and Revenue (HMRC) has published a list of more than 800 schemes that it believes are deliberately designed to avoid tax. The list consists of a series of numbers, allowing them to be identified by the tax-payers ...

Inflation in Britain Jumps Unexpectedly in June

July 15th, 2014 (0)
British inflation unexpectedly surged to a five-month high last month and house prices continued to accelerate, prompting financial markets to increase bets on an early Bank of England rate rise. Consumer prices rose 1.9 percent on the year in ...

UK Government defends mass interception of online data at tribunal

July 15th, 2014 (0)
Mass interception of online communications by intelligence agencies is necessary – even if only one person is being targeted, lawyers for the UK government have told a tribunal hearing complaints about surveillance. The government’s arguments were disclosed as lawyers ...
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