Pair’s Outlook Stabilisation of USD/JPY near 102.72/66, as was expected yesterday, did not turn out to be the case. Instead, the exchange rate fell more than 100 pips and ... Read More
Pair’s Outlook None of the nearby resistances proved to be strong enough to prevent GBP/USD from soaring yesterday. Both the 55-day SMA and monthly PP were effortlessly pierced through, ... Read More
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 ... Read More
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 ... Read More
GlaxoSmithKline’s unfolding bribery scandal is an object lesson in how a direct hit to its reputation can devastate a company’s finances. Protecting an organization’s reputation is the most important ... Read More
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
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