Search Results for: dollar
Australian GMO ‘Contamination’ Case Could Have International Repercussions
May 9th, 2014
Australian farmers Steve Marsh and Mick Baxter grew up together, were once schoolmates, and have grown crops on their neighboring farms for years. But the emergence of GMO technology has driven a wedge between the long-time friends, leaving them ...
Two men arrested for insider trading and abuse of public office, $7 million restrained
May 9th, 2014
The Australian Federal Police and Australian Securities and Investments Commission have issued a joint press release as follows: Two men have been arrested by the Australian Federal Police (AFP) today for offences relating to insider trading, money laundering, corruption ...
Snapchat settles with US regulators for deceiving users
May 9th, 2014
Ephemeral messaging service Snapchat has settled with US regulators over charges it deceived users when it promised their messages would disappear. The Federal Trade Commission (FTC) said Snapchat misled users over data collection and failed to inform them that ...
USD/JPY consolidates at 101.62
May 9th, 2014
Pair’s Outlook While the 200-day SMA is still not letting USD/JPY to step any lower, it is also failing to rekindle interest of the market in the pair. Still, there is a chance that eventually the bulls are going ...
Yen at 85 Seen by Tokai Predicting BOJ Policy Miss: Japan Credit
May 9th, 2014
The Bank of Japan’s failure to achieve its inflation target will see the yen rebound to the highest since 2012, reversing the results of its unprecedented stimulus, according to Tokai Tokyo Securities Co. The currency will strengthen beyond 85 ...
Draghi Sets Clock Ticking for June Stimulus by ECB
May 9th, 2014
Mario Draghi has given himself a month to craft a new fix to the European Central Bank’s deflation angst. Cutting the euro area’s benchmark interest rate to a record tops the list of options for the ECB President after ...
Euro Drops From 2 1/2-Year High as Draghi Hints at June Action
May 8th, 2014
The euro weakened from a 2 1/2-year high against the dollar as European Central Bank President Mario Draghi said policy makers were comfortable with taking additional policy action in June if needed. The common currency dropped versus all except ...
Toyota profit nearly doubles to $17.8bn
May 8th, 2014
Japanese carmaker Toyota has seen its profits nearly double, boosted by the yen’s weakness and cost cutting. It made a net profit of 1.82 trillion yen ($17.8bn; £10.5bn) in the year to 31 March, up from 962bn yen a ...
GBP/USD records 100+ pip rally
May 7th, 2014
Pair’s Outlook Despite the different directions implied by the various technical indicators, GBP/USD soared through the nearest resistances and reached the 2009 highs at 1.70. Since this level is likely to be a tough obstacle (reinforced by the monthly ...
D2MX Pty Ltd pays infringement notice penalty to ASIC
May 6th, 2014
The Australian Securities and Investments Commission (ASIC), has given D2MX Pty Ltd (D2MX) an infringement notice penalty and therefore has paid a total penalty of $110,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel ...
