Search Results for: Swiss
Dukascopy Bank SA introduces a new rollover policy
June 16th, 2014
Dukascopy Bank SA has announced a new rollover policy, starting from June 30, 2014 where two additional rollover schemes will be available: Premium and Advanced. The clients will be automatically switched between the schemes at the end of a ...
Levine on Wall Street: Revenue Models
June 12th, 2014
Is Uber’s valuation reasonable? Aswath Damodaran thinks no, Andrew Ross Sorkin thinks yes, but two data points from Henry Blodget that may or may not be true are that its revenue (1) is now $2 billion a year and ...
EUR/USD Daily Chart – Technical Analysis
June 12th, 2014
Pair’s Outlook The currency pair closed below the weekly S1, but seems to be already losing its downward momentum ahead of the main support at 1.3481/75. Moreover, less daily technical indicators are giving ‘sell’ signals than yesterday, meaning there ...
EUR/USD Daily Chart – Technical Analysis
June 11th, 2014
Pair’s Outlook EUR/USD closed below the weekly S1 yesterday, meaning there are no significant supports left to guard the key level at 1.3481/75—monthly S1 and, more importantly, the 2014 low. Depreciation of the Euro beyond this point in the ...
FINMA announces “Accounting – banks” circular
June 4th, 2014
The Swiss Financial Market Supervisory Authority FINMA has published today the definitive version of the new circular “Accounting – banks”. The new circular is based on the Banking Ordinance that has been adopted and fully revised by the Federal ...
Switzerland informs UK over Bank Deposit Movements
June 3rd, 2014
Swiss banks were required to hand over information about deposit movements to UK authorities by May 31, 2014, to support UK efforts to track down untaxed income. This was required under an agreement between the UK and Switzerland, which ...
BNP Fine Puts Pressure on Hollande to Act
June 2nd, 2014
A potential $10 billion U.S. penalty against France’s largest bank BNP Paribas SA (BNP) for its alleged dealings with Iran and other sanctioned nations, is stirring outrage in the country. It is putting pressure on President Francois Hollande, who hosts ...
GBP/USD retreats from 100-day SMA
May 30th, 2014
Pair’s Outlook Being that GBP/USD has just broken out of the bullish channel to the downside and met a strong support level, there is likely to be a pullback up to 1.6784/76. And regardless of the bullish technical indicators ...
EUR/USD confirms monthly S2
May 30th, 2014
Pair’s Outlook EUR/USD is currently undergoing a bullish correction as a result of an encounter with the support at 1.3582 represented by the monthly S2 level. This rally, should it persist, is unlikely to extend beyond the weekly PP ...
GBP/USD violates 15-month up-trend
May 29th, 2014
Pair’s Outlook Even though the support at 1.6782/76 was deemed to be strong and most of the technical indicators were bullish, the Pound took a major hit yesterday. The currency plummeted through the monthly PP, 55-day SMA and, even ...
