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According to official data, Eurozone economy grew by a stronger-than-expected 0.3% in the last three months of 2014. Eurostat, European statistics agency, also said gross domestic product (GDP) in the currency bloc rose by 0.9% across 2014 as a whole...
Weekly digest compiles the latest news from the world of stocks and finance, currency and commodity news, as well as interesting informative articles for traders. Top news of the week: Greece and the euro: denouement is fast approaching...
"A Greek exit from the euro area likely would take one of two paths: an “accidental”, extended and messy exit where Greece has no choice but to leave (and very likely default) due to deposit flight; or an abrupt, strategic exit that is planned but not signalled a priori...
Humans in general grow up being taught by their environment of the importance of always being right. Those who are right are envied as the winners in society and those who are wrong are cast aside as losers...
The center is named Baidu Yizhuang New-generation Search Data Center (first phase) and financial terms of the deal were not released.. According to China Mobile, this will become the industry's first large-scale cloud computing center which targets mobile Internet businesses...
Gold prices went higher today - comex gold rose $1.10, or 0.1%, to settle at $1,220.70 an ounce, after it had fallen almost $22 in the last two trading days. The U.S. dollar fell 0.82%. The U.S. reported retail sales today, and figures showed a 0...
On Friday the Australian dollar gained in Asia after central bank Governor Glenn Stevens noted driving demand in the economy would take more work, hinting the government should increase spending. The euro was higher versus the U.S. dollar on Friday...
According to the agreement signed by the two parties, Lenovo and Cyberport will cooperate in various sectors, including science and technology development and innovation; talent training and employment; local cloud computing; big data; and Internet industry development...
I have tried everything . You name it Trend Following, Harmonics, Square Waves, Renko, Ichumoku, Fibonacci to name a few of my favourites. Nothing however works as well as the entry points my EA finds...
Click on my name above to find out I have tried everything . You name it Trend Following, Harmonics, Square Waves, Renko, Ichumoku, Fibonacci to name a few of my favourites. Nothing however works as well as the entry points my EA finds...
The South China Morning Post report that as MyCoin, a Hong Kong-based Bitcoin trading company, has shut down its operations, nearly 3,000 local investors may have lost combined value of more than HK$3 billion...
The Euro is trading higher Thursday as investors welcomed that Greece will receive assistance from the ECB for banks and the announcement of the agreement for a ceasefire in Ukraine. Furthermore, the ECB's Constancio said the stimulus plan and cheaper oil will boost the european economy...
The following are Barclays Capital's latest technical setups for EUR/USD, GBP/USD, NZD/USD, and USD/CAD. EUR/USD: We prefer to fade uptics against the recent range highs near 1.1535. A move back below 1.1260 would confirm a re-test of the range lows near 1.1100. Below 1...
The following is EUR/USD range and outlook for next week as provided by Bank of Tokyo-Mitsubishi UFJ (BTMU). EUR/USD – NEUTRAL BIAS – (1.1200-1.1600). The focus in the week ahead is likely to remain on Greece with the talks this week not reaching a conclusion and set to extend into next week...
Analysts at Scotiabank noted how the USD reacted to a cease fire in Ukraine, a lack of agreement over Greece, negative rates and QE in Sweden & a slight hawkish shift at the BoE. Key Quotes: "FX competitive devaluations still an important market theme; and supports ongoing USD upside risk...
A continuation of the increasing buying interest is now lifting EUR/USD above the 1.1400 handle, printing fresh weekly highs at the same time...
The European Central Bank decided to increase the amount of emergency liquidity assistance (ELA) that can be provided to Greek banks, according to media reports. The ECB authorized the ELA as a temporary expedient when it stopped accepting Greek bonds as collateral for funding last week...
AUD/USD is currently trading at 0.7719 with a high of 0.7731 and a low of 0.7644. AUD/USD is recovering the losses from overnight and the jobs data, that will be alarming for the RBA, sending the Aussie down across the board. Versus the dollar, the Aussie dropped down to 0.7644 from the 0...
EUR/USD jumped to 1...
