Archives
Dollar surges to six-year peak on yen, Tokyo stocks cheer
September 18th, 2014
Japanese shares jumped on Thursday after the dollar vaulted to a six-year peak on the yen as the Federal Reserve’s outlook for rising rates underlined the diverging path between the United states and the rest of the rich world. ...
FCA halts three debt management firms from making payments
September 18th, 2014
The Financial Conduct Authority has issued a warning that debt management customers of Gregson and Brooke Financial Services (trading as Expert Money Solutions), One Tick (trading as Debt Savers Direct and 1-Tick) and the Money Management Service should stop making payments to these firms. Gregson ...
London’s Currency Traders Set for Biggest Bonus Decrease
September 18th, 2014
Foreign-exchange traders in London are set for the biggest drop in bonuses among bank employees as regulators toughen scrutiny in the wake of scandals, according to a survey by Emolument. Currency traders are likely to see a 43% decline ...
Use of euro-renminbi options surges
September 18th, 2014
Rising renminbi trade settlement and a sliding euro are fuelling a surge in hedging between the two currencies both by multinationals and investors. Daily trading volume in euro-renminbi options has risen from about €100m at the start of the ...
Draghi’s Trillion-Euro Journey Starts Today
September 18th, 2014
Mario Draghi’s trillion-euro journey is under way. The European Central Bank will announce the result of its first targeted lending program today as part of its effort to stave off deflation in the euro area. Draghi’s first step may ...
CySec: Council regulations over Ukraine
September 18th, 2014
The Cyprus Securities and Exchange Commission (CySec) informs the Cyprus Investment Firms, Management Companies, Administrative Services Companies and Regulated Markets (‘the Regulated Entities’) about the publication in the Official Journal of the European Union the following: 1. Council Regulation (EU) No.959/2014 of ...
OSB Daily Technical Analysis – Indices
September 18th, 2014
OSB Daily Technical Analysis for September 18, 2014 S&P 500 De 14 S&P contract flirted with the 2000 level and close lower for the day. Bullish momentum is high and market looks like it is preparing for the next up ...
OSB Daily Technical Analysis- Commodities
September 18th, 2014
OSB Daily Technical Analysis for September 18, 2014 Gold Wide swing in the Dec14 Gold contract as bulls and bears fought it out. $1240 level is now resistance and support at the $1220 area. Gold is now below it recent ...
IMF reports over Growing Risk in Global Economy
September 18th, 2014
The global economy faces a growing risk from big financial market bets that could quickly unravel if investors get spooked by geopolitical tensions or a shift in U.S. interest rate policy, the International Monetary Fund said on Wednesday. The ...
OSB Daily Technical Analysis- Currency pairs
September 18th, 2014
OSB Daily Technical Analysis for September 18, 2014 EUR/USD Breakdown below 1.29 handle. Support below at 1.2850. Market in sideways consolidation mode with slow downward drift and test of 1.28 handle most likely. EUR/GBP Sell-off in EURGBP with a close just ...
