Wall Street professionals are still optimistic about stocks, despite a very volatile start for the markets this year. The 26 investment strategists surveyed in the past week by CNNMoney ... Read More
Pair’s Outlook After USD/CHF had broken the resistance near 0.89 (down-trend line and 2012 lows), the pair seems to have lost its bullish momentum. The monthly R1 and 100-day ... Read More
Pair’s Outlook Despite a fairly strong report on Friday the bulls did not manage to push USD/JPY through 104. The pair has already dipped through the support at 103.41/34 ... Read More
Pair’s Outlook GBP/USD fell below a series of supports during the last five trading days, including the monthly PP and 55-day SMA. Accordingly, given that there are no dense ... Read More
Pair’s Outlook As EUR/USD closed beneath the 100-day SMA last week, there is a good chance Euro’s depreciation will persist. But the sell-off will then face a number of ... Read More
Apple Inc. (AAPL), accusing Samsung Electronics Co. (005930) of misleading jurors at the start of a $2 billion trial over smartphone technology, lost its bid to show jurors how ... Read More
Billionaire Patrick Drahi’s Altice (ATC) SA won the bidding contest for Vivendi SA (VIV)’s French phone unit, beating a government-backed offer from Bouygues SA (EN) by agreeing to a ... Read More
Benjamin Lawsky, New York’s financial services superintendent, has sought documents from Credit Suisse to examine whether Switzerland’s second-biggest bank lied to New York authorities about engineering tax shelters, said ... Read More
Asian stocks fell for the first time in nine days, snapping the longest winning streak on the regional gauge this year, with telecommunication and technology shares leading declines. Naver ... Read More
Gold held the biggest one-day advance in more than three weeks as U.S. jobs data that trailed analysts estimates damped speculation that the Federal Reserve will step up the ... Read More
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