Search Results for: NFA
Gold Improves, Shrugs Off Sharp Unemployment Claims
July 11th, 2014
Gold is firm on Friday, as the spot price stands at $1337.62 per ounce in the European session. Friday has a very light schedule, with just one event, the Federal Budget Balance. In the US, Unemployment Claims dropped, as ...
HMRC justifies new powers to take money from your bank account
July 10th, 2014
HMRC is seeking new powers to trawl through debtors’ financial accounts and take money directly if significant debts of over £1,000 are owed. This power has been dubbed ‘Direct Recovery of Debts’. The HMRC Business Plan 2014-16 states that ...
Dollar slips on Fed minutes, Aussie eyes jobs test
July 10th, 2014
The dollar started at one-week lows against a basket of major currencies on Thursday, coming under some pressure after minutes of the Federal Reserve’s June meeting gave no clear indication on when interest rates will rise. The minutes confirmed ...
Kiwi near 3-year high; dollar awaits Fed minutes
July 9th, 2014
The Kiwi, New Zealand dollar, hovered near a three-year high on Wednesday, buoyed by the prospect of a sovereign rating upgrade, while the U.S. dollar held steady ahead of minutes of the Federal Reserve’s latest policy meeting. Against a basket of ...
Technical Analysis USD/JPY: Yen Strengthens Ahead of FOMC Minutes
July 8th, 2014
Technical Analysis for USD/JPY USD/JPY continues to post losses on Tuesday, as the pair trades in the mid-101 range late in the North American session. There are no major releases on today’s schedule. In Japan, Economy Watchers Sentiment fell short ...
EUR/USD: Listless as German Trade Balance Improves
July 8th, 2014
EUR/USD is showing little movement on Tuesday, as the pair trades just below the 1.36 line. There are no major releases on today’s schedule. In the Eurozone, German Trade Balance posted a wider surplus, as the indicator hit an ...
Czech Government Agrees Second Reduced VAT Rate
July 8th, 2014
The Czech Government on July 2, 2014, confirmed that it intends to introduce a second reduced rate of value added tax (VAT) of ten percent. After months of indecisive debate, the new reduced rate was approved by the Cabinet, ...
U.S. jobs data seen reinforcing strong growth outlook
July 3rd, 2014
U.S. employment growth is expected to have continued at a solid clip in June, which would further dispel fears about the economy’s health and underscore its momentum heading into the second half of 2014. Nonfarm payrolls probably increased by ...
American Express ‘Take It or Leave It’ Rule Goes on Trial
July 3rd, 2014
American Express Co. (AXP) drives a hard bargain with businesses that want to attract its affluent cardholders: treat the card like any other form of payment despite higher processing costs if you want those customers. The lender prohibits businesses ...
Bonds trade flat as US treasury yields keep rise in check
July 3rd, 2014
Benchmark 10-year bond yield trades flat at 8.66 per cent amidst optimism over falling oil prices and expectations that monsoon showers would help keep food inflation in check, even as a rise in US treasury yields hurts. US treasury ...
