Search Results for: banks
EUR/USD backed by 100-day SMA
March 31st, 2014
Pair’s Outlook Although the support at 1.3733/1.3680 is not letting the sell-off to carry on, EUR/USD at the same time is failing to gain a bullish momentum in order to leave this area. Still, as suggested by the weekly ...
USD/JPY oscillates beneath 55-day SMA
March 28th, 2014
Pair’s Outlook The story continues, as neither the bulls that see USD/JPY rising from 102 nor the bears that are defending the 55-day SMA seem to be willing to give in. And even though in the short run the ...
GBP/USD stays bullish
March 28th, 2014
Pair’s Outlook Interestingly enough, EUR/USD and GBP/USD continue moving in the opposite directions, enough though generally we would expect them to exhibit strong direct correlation. Nonetheless, the Sterling, unlike its European counterpart, preserves a bullish momentum, despite the trading ...
EUR/USD slips below 1.38
March 28th, 2014
Pair’s Outlook Regardless of the weekly and monthly technical indicators that remain bullish, EUR/USD plunged beneath the support at 1.38. The Euro is currently testing the 55-day SMA at 1.3730, but this level is also reinforced by the 100-day ...
CySec: ICF to the members-Bail in of the Fund
March 27th, 2014
The Administrative Committee of the Investor Compensation Fund of Clients of CIFs,hereinafter “the Fund” announces that at its meeting on March 7, 2014 and after taking into consideration a relevant legal opinion on the matter, has decided upon the ...
UBS Said to Suspend FX Traders in New York, Zurich and Singapore
March 27th, 2014
UBS AG suspended foreign-exchange traders in the U.S., Singapore and Switzerland as its investigation into the alleged rigging of currency markets widened, according to a person with knowledge of the matter. They include Onur Sert, an emerging-markets spot trader ...
Italians Join Greeks Selling Bank Stock to Once-Wary Investors
March 27th, 2014
Eight Italian banks are preparing to sell at least 8 billion euros ($11 billion) of stock to shore up their balance sheets, as nations shunned during the sovereign-debt crisis return to favor with investors. Leading the pack is Banca ...
Reserve Bank of New Zealand: Coordination of Monetary and Macro-Prudential Policies
March 27th, 2014
The Reserve Bank of New Zealand, sees a case to coordinate its monetary and macro-prudential policies, such as loan to value ratios, when the effects of those policies overlap, Deputy Governor Grant Spencer says in a speech today to ...
EUR/USD declines from weekly PP
March 27th, 2014
Pair’s Outlook EUR/USD remains trapped between the resistance at 1.3846/31, represented by the weekly PP and 20-day SMA, and the down-trend support line. And while most long-term technical indicators continue giving ‘buy’ signals, on the daily time-frame the outlook ...
GBP/USD probes monthly PP
March 27th, 2014
Pair’s Outlook The Cable stayed on a bullish path and, as a result, rose up to one of the key resistances. At the moment it is testing supply area at 1.6620/1.6581, which consists of various studies, such as monthly ...
