Search Results for: Trading
Yen Heads for Biggest 3-Day Gain in a Year as Volatility Rises
December 10th, 2014
The yen strengthened, heading for its biggest three-day gain versus the dollar in more than a year, as a decline in shares around the world and slowing growth in China boosted demand for haven assets. Japan’s currency advanced against ...
Yen Advances on Haven Demand Amid Global Plunge in Equities
December 9th, 2014
The yen gained the most in two months against the dollar as a plunge in global stocks revived demand for Japan’s currency as a haven. The yen rose versus all but one of its 16 major peers as the ...
SEC Sanctions Operator of Bitcoin-Related Stock Exchange for Registration Violations
December 9th, 2014
The Securities and Exchange Commission today sanctioned a computer programmer for operating two online venues that traded securities using virtual currencies Bitcoin or Litecoin without registering the venues as broker-dealers or stock exchanges. The programmer, Ethan Burnside, also was ...
Tuesday December 9: OSB Daily Technical Analysis – Commodities
December 9th, 2014
OSB Daily Technical Analysis for December 9, 2014 Positive day for gold which managed to back above the 20 DMA and push over the $1200 hurdle. Despite upswing gold failed to remain above on the close suggesting that area ...
Tuesday December 9: OSB Daily Technical Analysis – Currency pairs
December 9th, 2014
OSB Daily Technical Analysis for December 9, 2014 EURUSD sell off found support at new low of 1.2247 prior to bouncing back up above the 1.23 handle to finish the day on a positive note. Resistance at the 1.2360-1.2400. ...
Crude Oil’s Fall Pressures Energy Megaprojects
December 9th, 2014
Energy development projects that looked great earlier this year are looking less so now. Tumbling oil prices hit a fresh five-year low on Monday, pressuring some of the world’s biggest energy companies to reconsider multibillion-dollar expenditures. The biggest worries: ...
Technical Analysis: Indices – Dec 09
December 9th, 2014
Technical Analysis for December 09, 2014 SPX made a big reversal to 2060 level and targeting 2040 next as the lower break. A reversal higher once more again to 2080 will target 2100 again. Tried to break 2080 level ...
Technical Analysis: Commodities – Dec 09
December 9th, 2014
Technical Analysis for December 09, 2014 XAU/USD Reversed from the last lower breaks and traded at 1200 level. A reversal once more again will target 1185 short term and a higher movement to 1210 will target 1225 short term. ...
Yen benefits from falling oil prices; commodity currencies slide
December 9th, 2014
The yen edged higher on Tuesday as a fall in oil prices dented risk appetite and prompted investors to trim short positions in the Japanese currency. Commodity currencies extended their recent losses, with the Australian dollar setting a four-year low, while ...
Technical Analysis: Currency pairs – Dec 09
December 9th, 2014
Technical Analysis for December 09, 2014 EUR/USD bounces from the last low at 1.225 level and traded around 1.231 level for now. The next target for the lower break will be 1.2 but after retesting 1.225 again first. A ...
