European stocks were little changed, after dropping yesterday from a six-year high, as investors weighed escalating tensions between America and Russia over the future of eastern Europe. U.S. index ... Read More
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 ... Read More
The Bank of England announces the following: UK Export Finance-guaranteed debt capital market notes issued under pro forma documentation and processes that have been agreed between UKEF and the ... Read More
Pair’s Outlook A resistance zone at 0.8940/23, mainly formed by the monthly R1 and 100-day SMA, proved to be tough yesterday by throwing USD/CHF beneath the 2012 lows at ... Read More
Pair’s Outlook It seems that the 100-day SMA will be insufficient to stop the U.S. Dollar from falling lower. However, there is a formidable support level at 102.72/70 (consisting ... Read More
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 ... Read More
GBP/USD Open 1.6607 High 1.6625 Low 1.6561 Close 1.6604 On Monday Pound/Dollar increased with almost 65 pips. The Cable appreciated from 1.6561 to 1.6625 yesterday, in line with the ... Read More
EUR/USD stays in the downward price channel on 4-hour chart, and remains in downtrend from 1.3966, the rise from 1.3672 is likely consolidation of the downtrend. Resistance is located ... Read More
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 ... Read More
Barclays Plc (BARC) settled the first U.K. lawsuit filed over allegations the bank manipulated Libor, weeks before the trial was scheduled to start. Barclays agreed to restructure the debt ... Read More
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