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The euro was hit on Thursday by the political turmoil in Greece as citizens protest against Greece’s third bailout. The country has until Monday to reach a compromise, and unlock €2bn in loans plus €10-bn to recapitalize its banking sector...
Sowood Capital Management, $1.6 billion loss The US hedge fund Sowood Capital Management lost 50% of its capital at the very beginning of the financial crisis, in 2007. However, Citadel Investment Group LLC bought most of its assets and earned from it quite well when the market rebounded...
Daily forecast EURUSD 15 min. chart: Long sentiment from 1.0771. The long zone starts from this level. EURUSD could be bought at any level till the price reach the targets above. Short sentiment from 1.0731. The selling zone starts from this level...
Market summary. GBPUSD 15 min. chart Long sentiment from level 1.5239. Long zone starts from this level, GBPUSD could be bought at any level till the price reach the targets above. Short sentiment from 1.5201. Selling zone below this level. GBPUSD could be sold at any levels below 1.5201...
Skandinaviska Enskilda Banken made a technical forecast for USD/JPY for telling the following: 'below 122.65/45 would target 121.60'. It means that SEB is predicting the price to be bounced from Fibo resistance level at 123.63 with 23.6% Fibo target at 121.86...
The euro was slightly higher against the dollar after official data showed that German consumer price inflation remained unchanged last month, matching analysts' expectations...
The Aussie jumped in Asia on Thursday after data showed a huge rise in jobs last month. The yen was slightly weaker after mixed data...
AUDUSD: With the pair rallying strongly during early trading on Thursday, further upside offensive is envisaged. This development suggests a temporary bottom is now in place. This should see more strength build up with eyes on the 0.7200 zone. On the upside, resistance lies at the 0.7250 level...
W1 price is located below 200 period SMA and 100 period SMA for the primary bearish with secondary ranging between 46.22 support level and 54.00 resistance level: descending triangle pattern was broken by the price for the bearish trend to be continuing; if the price breaks 46...
A couple of remarks from Bank of Japan board-member Yutaka Harada shed light on why the central bank stood pat at its October 30 meeting...
The price is located to be above Ichimoku cloud and Senkou Span line which is the virtual border between the primary bullish and the primary bearish on the chart. Price is breaking resistance level at 99.35 from below to above for the bullish breakout with 100.39 as the next bullish target...
The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, and AUD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: A move below our initial downside targets in the 1.0660 area would encourage our bearish view towards 1.0520 and then the 1...
The following are UBS' latest short-term (mostly intraday) trading strategies for USD/JPY, AUD/USD, and NZD/USD. USD/JPY: Look to buy the pair on dips, with a stop below the post-US payrolls support at 122.50/60. AUD/USD: We favour selling the pair on rallies to 0.7100 click Source URL...
How much it will take you to make 1 million if you double your money every day? Did you know that if you start putting aside $1 and further doubling the amount daily, you will have $1 million in 21 days! take a look to the excel sheet below...
Easy Office, an office building in Kaunas, Lithuania could be considered to be the most unusual banknote in the world, as it looks like a non-existent 1,000 litas banknote.[-copied]...
The Romans minted their coins in the temple of Juno Moneta, the goddess of marriage and women. In fact, the English word “money” can be traced from the name Moneta.[-copied]...
U.S. stocks opened higher on Wednesday with the benchmark S&P 500 set to log a second consecutive day in the green territory after halting a four-session losing streak...
The US Treasury Department announced plans to issue new banknotes featuring a woman. The redesigned note will debut in 2020 to mark the 100th anniversary of the US Constitution's 19th amendment, which gave women the right to vote...
