Latest News

technical analysis

USD/JPY struggles to rally

Pair’s Outlook In order for USD/JPY to preserve a bullish bias, it is required to rebound from 101.27/19, the key support area that consists of the rising trend-line, 200-day ... Read More

GBP/USD finds support at 1.67

Pair’s Outlook Although GBP/USD received a strong bearish impetus after a test of the February’s high, today the currency pair is not keen on declining, as it seems to ... Read More

EUR/USD starts weak with bearish gap

Pair’s Outlook Friday’s price action and a large downside gap confirmed an assumption that there is a formidable resistance area between 1.39 and 1.395. Accordingly, while there could be ... Read More
tax proposal

How about… A Global Tax on the Superrich?

Bill Gates washes his own dishes, as we learned this year from his Ask Me Anything session on Reddit, but he’s certainly not trying to save money. The world’s ... Read More

Putin Could Stop Selling Gas to Ukraine. Here’s Why He Won’t

For a time this week, Vladimir Putin looked ready to turn off the gas. In an April 10 letter to 18 European heads of state, he warned that Russia ... Read More

JPMorgan Chase Earns 19 Percent Less to Start the Year

JPMorgan Chase (JPM), the largest but no longer the most profitable U.S. bank, announced a 19 percent decline in first-quarter earnings this morning, with weaker income from trading and ... Read More
Cyprus Securities and exchange commission (cysec)

CySec: acquisition of Administrative Services Providers (ASP) licence

The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that the following firms have successfully obtained the CySec license to operate as Administrative Services Providers ... Read More
Chinese flag

Chinese Property Developers Stake Out Shares In Commercial Banks, Intensifying Systemic Risks

Major Chinese property developers have in recent months been buying increasingly large stakes in regional banks, posing risk that an unravelling in the real estate market could leave both ... Read More
Walmart image

Is Wal-Mart Heading to An Organic Empire To Fuel Its Wild Oats Rollout?

Wal-Mart’s bold entry into the booming organic food market sets a lofty goal for the company: offering a wide range of products bearing the coveted USDA certified organic seal ... Read More

Heartbleed Compromises Bitcoin Wallets: Digital Currency Also Built Using OpenSSL

Bitcoin is the latest digital entity to be added to a growing list of organizations compromised by the Heartbleed bug. The Bitcoin Foundation said on Friday that the latest ... Read More
Broker Cyprus TopFX