Search Results for: euro
EUR/USD braces for impact of hitting key resistance
April 10th, 2014
Pair’s Outlook Just as many other resistances, the monthly pivot point also failed to stop the Euro from going higher. However, EUR/USD is now approaching a key resistance zone between 1.39 and 1.395 that consists of two major multi-year ...
Ukraine Mounts Security Push as Russia Warns on Civil War
April 9th, 2014
Ukrainian authorities sent security forces to Kharkiv to clear the country’s second-biggest city of separatists as U.S. Secretary of State John Kerry accused Russia of using “special forces and agents” to spark unrest. An “anti-terrorist operation” was under way ...
EUR/USD extends rally to monthly PP
April 9th, 2014
Pair’s Outlook The 55-day SMA failed to contain bullishness of the common currency yesterday. As a result, EUR/USD is now testing the monthly pivot point at 1.3815, which guards the main resistance area near 1.39. The latter level is ...
The EU must place a greater emphasis on effective public financial management for the benefit of its citizens
April 8th, 2014
The European Court of Auditors will have an ever increasing role to play when it comes to the effectiveness of EU public financial management, says an EU auditor’s essay in a report from ACCA The European Court of Auditors ...
U.K. Industrial Output Surges More Than Forecast
April 8th, 2014
U.K. industrial production rose more than economists forecast in February bolstered by a surge in factory output that points to a continuing economic recovery. Production increased 0.9 percent from January, when it was unchanged, the Office for National Statistics ...
EUR/USD turned around ahead of monthly S1
April 8th, 2014
Pair’s Outlook As it turned out, EUR/USD did not carry on with the decline. Instead, it bounced off the 100-day SMA despite the bearish daily technicals and recovered back to the 55-day SMA. If this resistance is breached, as ...
Age of Gas Seen as Sideshow to U.S. Producers Prizing Oil
April 8th, 2014
The “golden age of gas” that the International Energy Agency foresees as a result of the U.S. energy boom is hardly the future being embraced by industry executives. At least based on comments from company officials presenting at the ...
CFOs enter spend mode as risk appetite increases
April 7th, 2014
CFOs are looking to take more risk onto their balance sheets, as optimism and appetite to grow hit the highest levels in several years. Seven in ten of the senior CFOs interviewed by Deloitte said it was a good ...
EUR/USD breached 100-day SMA
April 7th, 2014
Pair’s Outlook As EUR/USD closed beneath the 100-day SMA last week, there is a good chance Euro’s depreciation will persist. But the sell-off will then face a number of formidable obstacles, meaning the decline may be short-lived. The first ...
Apple, Nestle, NBCUniversal, Netflix: Intellectual Property
April 7th, 2014
Apple Inc. (AAPL), accusing Samsung Electronics Co. (005930) of misleading jurors at the start of a $2 billion trial over smartphone technology, lost its bid to show jurors how it uses three of five patents disputed in the case. ...
