Search Results for: Euro area
Forex and Professional Services Lead Employment in Cyprus
November 25th, 2014
The financial crisis experienced in Cyprus following the events of March 2013 had a knock-on effect on the employment sector. More than a year on from the onset of the crisis, Cyprus’ leading recruitment agency, GRS Recruitment, has provided ...
Yen Strengthens on Kuroda Comments as Energy Stocks Slip
November 25th, 2014
Japan’s yen climbed after a speech by central bank Governor Haruhiko Kuroda, and the cost of insuring Japanese debt against default fell the most in two weeks. Asian energy producers retreated as oil held declines before a meeting of ...
1.8 billion financing deal for one of the largest redevelopment projects in prime Central London
November 24th, 2014
The National Bank of Abu Dhabi and Abu Dhabi Financial Group (ADFG), an alternative investment firm primarily focused on financial services and real estate and based in Abu Dhabi, have announced the completion of an AED 1.8 billion (GBP ...
SpectroCoin Launches Bitcoin-to-Cash Service in 25 Countries
November 20th, 2014
SpectroCoin is now allowing its customers to convert bitcoin into cash in 25 countries across Europe and Central Asia. The announcement is the latest from the UK and Lithuania-based bitcoin services provider, which added merchant processing to its existing brokerage and ...
G-20 Plans $2 Trillion Growth Boost to Uneven Global Economy
November 17th, 2014
Group of 20 leaders agreed to take measures that would boost their economies by a collective $2 trillion by 2018 as they battle patchy growth and the threat of a European recession. Citing risks from financial markets and geopolitical ...
New Payment Systems Regulator sets out how it will regulate the £75 trillion industry
November 14th, 2014
The new Payment Systems Regulator (PSR) today sets out how it proposes to regulate the £75 trillion payments industry when it becomes fully operational on 1 April 2015. The proposals will further the PSR’s three objectives: to promote competition, ...
London Stock Exchange Group profits rise and is on course to complete Frank Russell acquisition in weeks
November 13th, 2014
London Stock Exchange (LSE) Group has reported a pre-tax profit of £136.8m for the half-year ended 30 September, up from £116m the same time last year. The FTSE 100 company enjoyed an 18 per cent rise in revenue to ...
FCA fines five banks £1.1 billion for FX failings
November 12th, 2014
The Financial Conduct Authority (FCA) has imposed fines totalling £1,114,918,000 ($1.7 billion) on five banks for failing to control business practices in their G10 spot foreign exchange (FX) trading operations: Citibank N.A. £225,575,000 ($358 million), HSBC Bank Plc £216,363,000 ...
Tuesday November 11: OSB Daily Technical Analysis – Currency pairs
November 11th, 2014
OSB Daily Technical Analysis for November 11, 2014 EUR/USD declined on Monday after rallying and finding resistance at the 1.25 handle. Pair is likely to gyrate at these levels as it looks for further direction. Support below at 1.2360. ...
Monday November 10: OSB Daily Technical Analysis – Currency pairs
November 10th, 2014
OSB Daily Technical Analysis for November 10, 2014 EUR/USD sold off breaking below the 1.24 handle on Friday finding support at the 1.2360 area and managed to close back above at 1.2545. Price action suggests some support further below ...