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UK pound retreated further from last week’s gains
September 17th, 2019
The pound retreated further from last week’s gains following a heated remarks by Luxembourg Prime Minister Xavier Bettel on Monday showing that the gap between the British and European Union positions on Brexit remained far apart. Bettel lashed out ...
iSignthis announced European patent for PSD2 strong customer authentication & KYC
September 16th, 2019
European Patent Office (EPO) has issued notice of intention to grant patent across more than 38 countries Payment Service Directive 2 (PSD2) Strong Customer Authentication (SCA) compliance day was 14th September 2019 Patent includes methods for SCA and Know ...
European Central Bank released monetary policy decisions
September 12th, 2019
The European Central Bank (ECB) has issued today a press release to inform that at today’s meeting the Governing Council of the ECB took the following monetary policy decisions: The interest rate on the deposit facility will be decreased ...
USD Index Preparing for A Turn Lower? Early Weakness Gives a Hint – ELLIOTT WAVE
September 10th, 2019
USD Index is trading bullish from end of 2017. We labelled a five-wave recovery from the lows, with the final piece of this rise being an Elliott wave ending diagonal. Potential top for this pattern can be near the ...
China or US?
September 9th, 2019
China has made some silly errors in its conflict with the US, reflecting the arrogance that often afflicts every state actor. But the appearance that China is being backed into a corner over Huawei, trade tariffs and Hong ...
Natural gas and GBPCAD Mid-term Look – Elliott Wave
September 4th, 2019
Natural gas made a big five-wave decline from the 5.00 psychological lvl., and in the final part of this impulse unfolded a potential EW ending diagonal within wave five, with support near the 2.03 area. If that is the ...
How dependent is your country on oil imports?
September 3rd, 2019
In 2017 the European Union (EU) relied on net imports for 87% of its oil consumption. This ratio, known as the oil import dependency rate, is unchanged from 2016 and two percentage points below the peak of 89% recorded ...
Alert! Individuals and entities charged with fraud in Binary Options trading scheme
September 3rd, 2019
The U.S. Commodity Futures Trading Commission (CFTC) filed a civil enforcement action in the U.S. District Court for the Northern District of Illinois charging five entities and four individuals with fraud relating to a global retail binary options enterprise ...
Investors Update: Global stocks faced headwinds; Pound flirted with 2 1/2-year lows
September 3rd, 2019
Global stocks faced headwinds on Tuesday, stymied by U.S.-China trade frictions while the British pound flirted with 2 1/2-year lows as Prime Minister Boris Johnson indicated he could call an election to block lawmakers’ efforts to avert a no-deal ...
Euro at one-month low vs dollar; yuan set for worst month since 1994
August 30th, 2019
The euro plunged to a one-month low against the dollar on Friday, as investors looked for aggressive easing by the European Central Bank and ignored doubts by some policymakers about the need for more stimulus. Poor euro zone economic ...
