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Technical Analysis: Currency pairs – Nov 28
November 28th, 2014
Technical Analysis for November 28, 2014 EUR/USD is tried to target 1.26 after breaking 1.252 line but rebounce to 1.246. Next it will retest the 1.26 level again for the higher movement but a reversal under 1.24 will target ...
EU’s Juncker survives no-confidence vote over tax deals
November 28th, 2014
The European Commission’s new president, Jean-Claude Juncker, comfortably survived a no-confidence vote on Thursday brought over news that Luxembourg had lured multinational businesses with super low tax rates during his period as prime minister. The censure motion in the ...
China’s Stocks Head for Biggest Weekly Gain in Three Years
November 28th, 2014
China’s benchmark stock index headed for its biggest weekly advance in three years on optimism a slide in oil prices will reduce costs for transport companies and the central bank may continue to loosen monetary policy. China Everbright Bank ...
Yen Falls Toward Seven-Year Low as Spending Slides; Aussie Drops
November 28th, 2014
The yen tumbled toward a seven-year low and two-year Japanese government bond yields slid below zero after data showed household spending fell and inflation slowed. The yen headed for a monthly loss of at least 1.6 percent against all ...
Citi Sees Gold as Bitcoin Says Swiss Vote Makes No Sense
November 27th, 2014
The initiative requiring the Swiss National Bank to hold a fixed portion of its assets in gold makes no sense, according to Citigroup Inc., which said the metal was the equivalent of the virtual currency bitcoin. “There is no economic or ...
Thursday November 27: OSB Daily Technical Analysis – Indices
November 27th, 2014
OSB Daily Technical Analysis for November 27, 2014 The S&P 500 edged higher in what was a relatively light trading session. Consolidation likely to continue with any pull backs been met with buyers looking for value. Tight trading range ...
Thursday November 27: OSB Daily Technical Analysis – Commodities
November 27th, 2014
OSB Daily Technical Analysis for November 27, 2014 Tight trading range for Gold on Wednesday which continues to consolidate and bounce around in the $1200 area. Pair likely to remain in the $1210-$1190 band for now. Neutral session for ...
Thursday November 27: OSB Daily Technical Analysis – Currency pairs
November 27th, 2014
OSB Daily Technical Analysis for November 27, 2014 EURUSD edged higher after making a brief dip below the 1.25 handle. Market appears to be looking for a further push higher with next resistance in the 1.2555-95 area. Support below ...
IIRC Begins Tech Initiative to Spur Integrated Reporting
November 27th, 2014
Two of the Big Four accounting firms are teaming up with technology companies to see how technology can be used to encourage more companies to do integrated reporting. The International Integrated Reporting Council (IIRC) said Wednesday it is launching ...
CySec Announces 22 authorisations
November 27th, 2014
The Board of the Cyprus Securities and Exchange Commission, announces to grant to the following companies a Cyprus Investment Firm authorisation. Granting authorisation to the below companies was decided during its meetings between May – October 2014. 1. VPR SAFE ...
