Search Results for: Swiss
EUR/USD declines from weekly PP
March 27th, 2014
Pair’s Outlook EUR/USD remains trapped between the resistance at 1.3846/31, represented by the weekly PP and 20-day SMA, and the down-trend support line. And while most long-term technical indicators continue giving ‘buy’ signals, on the daily time-frame the outlook ...
GBP/USD probes monthly PP
March 27th, 2014
Pair’s Outlook The Cable stayed on a bullish path and, as a result, rose up to one of the key resistances. At the moment it is testing supply area at 1.6620/1.6581, which consists of various studies, such as monthly ...
USD/JPY under pressure from 55-day SMA
March 27th, 2014
Pair’s Outlook USD/JPY remains unable to penetrate supply zone created by the 20 and 55-day SMAs. Yesterday the moving averages even pushed the rate below the support at 102.07/00, forcing the monthly PP to come into play and prevent ...
EUR/USD fails at 1.3845/31
March 26th, 2014
Pair’s Outlook Although the support near 1.38 did in fact prevent further depreciation of the Euro last week, for now the currency still remains unable to restore an upward momentum. At the moment it is struggling to breach a ...
GBP/USD climbs back above 1.65
March 26th, 2014
Pair’s Outlook Despite a recent dip beneath the 2011 highs and 100-day SMA, GBP/USD managed to recover in a short period of time and it is already testing the weekly PP at 1.6538. If the tendency to pare the ...
USD/JPY stays directionless
March 26th, 2014
Pair’s Outlook Regardless of constant attempts to break the 20 and 55-day SMAs, the resistance stands its ground and does not let the currency pair to rally. Still, given that the support at 102.07/00 is intact and most ...
Billionaire Sought by U.S. Holds Key to Putin Gas Cash
March 24th, 2014
A detained billionaire who made a fortune as a middleman in Russia’s murky gas trade with Ukraine may hold the key for U.S. lawmakers seeking harsher sanctions against President Vladimir Putin’s inner circle. Ukrainian Dmitry Firtash, arrested in Vienna ...
New Zealand consumer mood at nine-year peak
March 18th, 2014
NZD/USD to refresh this year’s high? Why not? Especially keeping in mind extremely positive data from New Zealand. Another fact that supports another rate hike from RBNZ occurred on Monday, as a report from Westpac Banking Corporation showed consumer ...
Europe Stocks Rise as Crimea Vote Boosts Russia’s Micex
March 17th, 2014
European stocks rebounded from a five-week low while the yen and Swiss franc weakened and Treasuries declined after Crimea’s vote to leave Ukraine. Russian shares rallied after four days of declines while Ukraine’s hryvnia retreated. The Stoxx Europe 600 ...
Treasury Committee criticises government tax targets
March 12th, 2014
THE ACCURACY of the government’s tax targets have been queried by the Treasury Select Committee. The yield from tax agreements such as the UK-Swiss deal has fallen well short of expectations, with that particular arrangement only generating a quarter ...
