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USD/CHF Daily Chart

May 26th, 2014 (0)
Pair’s Outlook As it turned out, the 200-day SMA was not able to keep the bulls at bay for long and eventually gave in. Now, being well-supported at 0.8946/42, USD/CHF is supposed to move further north. If this is ...

GBP/USD Daily Chart

May 26th, 2014 (0)
Pair’s Outlook Last week’s attempt to re-test the 2009 highs at 1.70 did not succeed, and GBP/USD declined. Still, the key support, namely the monthly PP, 55-day SMA and up-trend line at 1.6782/70, stays intact, meaning the currency pair ...

EUR/USD Daily Chart

May 26th, 2014 (0)
Pair’s Outlook Regardless of the majority of the monthly technical indicators pointing upwards at the moment, the Euro is more likely to depreciate than to gain value. The immediate support is represented by the monthly S2 and weekly S1 ...

UK interest rate could settle at 3%

May 26th, 2014 (0)
The official UK interest rate could settle at an average of 3% in a few years, the outgoing deputy governor of the Bank of England has predicted. Charlie Bean suggested it was likely to reach that level between 2017 ...

HMRC seeks powers to recover tax debts from ISAs

May 7th, 2014 (0)
HM Revenue & Customs (HMRC) is looking to increase its powers to allow it to take tax debts directly from individuals’ ISAs. In this year’s Budget, the government gave HMRC the power to recover tax debts of over £1,000 ...

Ex-Co-Op Bank Chairman Fined $890 for Having Cocaine, Meth

May 7th, 2014 (0)
Paul Flowers, the former chairman of Co-Operative Bank Plc, was fined 525 pounds ($890) after pleading guilty to possession of cocaine, crystal meth and ketamine. Flowers, a 63-year-old Methodist minister who was Co-Op Bank’s chairman from March 2010 until ...

Billionaire Hedge Funders Made Money the Old-Fashioned Way

May 7th, 2014 (0)
So Institutional Investor’s Alpha put out its 2013 hedge fund compensation ranking today, and I guess we should talk about it because rich people got paid money and that is fun to gawp at. The obvious thing to say ...

Asian Stocks Erase Gain on China Factory, Australian CPI

April 23rd, 2014 (0)
Asian stocks erased gains after Chinese manufacturing data signaled persisting weakness in the world’s second-largest economy and Australia’s inflation rose less than expected. China Overseas Land & Investment Ltd., the largest mainland developer traded in Hong Kong, sank 3.7 ...

Bitcoin promoter breaks silence on Cyprus fraud allegations

April 22nd, 2014 (0)
Danny Brewster, CEO of the defunct Cyprus-based bitcoin promoter Neo & Bee, has broken his silence, taking to the social networking site reddit to respond to allegations that he defrauded investors and skipped the country, racking up about 1 ...

What’s ahead for Apple’s new CFO, Luca Maestri

April 22nd, 2014 (0)
Apple’s new CFO will have to deal with the tech giant’s massive cash reserves, as well as building a strong finance team in the first 100 days IN JUNE, the world’s largest company by market capitalisation will be getting ...
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