Search Results for: Fed
Technical Analysis: Currency pairs – Dec 10
December 10th, 2014
Technical Analysis for December 10, 2014 EUR/USD erases the entire last bear move in the market and traded back to 1.24475 before retracing back to 1.239 level. A big correction like this will only disturb the market and currently ...
Congress reaches deal for $1.1 trillion U.S. spending bill
December 10th, 2014
Congressional negotiators unveiled a $1.1 trillion U.S. spending bill that aims to avoid a government shutdown at midnight on Thursday and punts an immigration showdown between Republicans and President Barack Obama until February. As the funding deadline loomed, Republicans successfully negotiated ...
Yen Heads for Biggest 3-Day Gain in a Year as Volatility Rises
December 10th, 2014
The yen strengthened, heading for its biggest three-day gain versus the dollar in more than a year, as a decline in shares around the world and slowing growth in China boosted demand for haven assets. Japan’s currency advanced against ...
Yen Advances on Haven Demand Amid Global Plunge in Equities
December 9th, 2014
The yen gained the most in two months against the dollar as a plunge in global stocks revived demand for Japan’s currency as a haven. The yen rose versus all but one of its 16 major peers as the ...
SEC Sanctions Operator of Bitcoin-Related Stock Exchange for Registration Violations
December 9th, 2014
The Securities and Exchange Commission today sanctioned a computer programmer for operating two online venues that traded securities using virtual currencies Bitcoin or Litecoin without registering the venues as broker-dealers or stock exchanges. The programmer, Ethan Burnside, also was ...
Yen benefits from falling oil prices; commodity currencies slide
December 9th, 2014
The yen edged higher on Tuesday as a fall in oil prices dented risk appetite and prompted investors to trim short positions in the Japanese currency. Commodity currencies extended their recent losses, with the Australian dollar setting a four-year low, while ...
America: The best place to put your money
December 8th, 2014
If you slept through the past five years, you missed a helluva ride for the American stock market. Not only did U.S. equities trounce their depressing performance from last decade, but they left all other major markets in the ...
Stocks to Watch: Cubist Pharma, McDonald’s, American Airlines
December 8th, 2014
Among the companies with shares expected to actively trade in Monday’s session are Cubist Pharmaceuticals Inc., McDonald’s Corp. and American Airlines Group Inc. Merck & Co. agreed to buy antibiotics maker Cubist Pharmaceuticals for $8.4 billion. The deal, which ...
Asia stocks dip, somber data offsets strong U.S. job numbers
December 8th, 2014
Asian shares were mostly lower on Monday after sobering data highlighted the sluggishness of the region’s key economies and tempered the lift from much stronger-than-expected U.S. employment numbers. Spreadbetters expected a subdued start for European stocks, forecasting Britain’s FTSE .FTSE, Germany’s ...
ASIC surveillance prompts FX provider to enhance compliance procedures
December 8th, 2014
Following an ASIC surveillance, Calibre Investments Pty Ltd will implement changes to the way it offers FX services to retail clients. The move is part of ASIC’s crackdown on the FX industry which has resulted in a number of ...
