US News

A couple of weeks ago I wrote one of my typically brilliant stories, only to see that my colleague, Tom Frew, wrote about the same story the very next day.  I cautioned him that his “oversight” might be returned in kind someday.  I mean, you never know about these things.  Today, I return from a […]

Daily chart: The USDX remains strong on a bullish trend, because this is consolidating above the 200 day moving average and the latter have been bullish candlesticks. It is likely that during this week, the USDX achieved up to resistance at the 82.51 level. Recall that this level is very strong and could slow the […]

Microsoft (NASDAQ:MSFT) and Nokia (NYSE:NOK) have jointly announced that Microsoft will purchase the vast majority of Nokia’s Devices & Services business, license Nokia’s patents, and license and use Nokia’s mapping services as part of a deal worth 5.4bn euros ($7.2bn; £4.6bn). Under the terms of the agreement, Microsoft will pay 3.79bn euros to purchase substantially […]

Daily chart: The USDX remains consolidating above the SMA 200, forming a lower high pattern above this SMA 200. Last week, we said that the USDX could rise to resistance at the 82.51 level, but this would be a very difficult scenario to occur, due to the global uncertainty, for a possible U.S. military intervention […]

Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients; A big week for the markets with participants finally permitted to look away from the prospect of Fed tapering, if only briefly and for disturbing geopolitical and potentially military headlines regarding Syria, only to have to look back again […]

Daily chart: The USDX was able to break very strong resistance at the 81.50 level and now this is consolidating above the 200 day moving average. It is likely that the start USDX form a lower high pattern to continue up to the next resistance level at 82.51. However, we must be very careful with […]

Daily chart: The USDX tried to break the resistance at 81.50, but was unsuccessful. Remember that the global uncertainty has grown around the current situation in Syria, where the USDX has reacted very irregular movements without clear trend. If the USDX fails to make a bearish rebound at current levels would be expected to fall […]

The Board of Royal Dutch Shell plc (“RDS”) have announced the Reference Share Price in respect of the second quarter interim dividend of 2013, which was announced on August 1st, 2013 at $0.45 per A ordinary share (“A Share”) and B ordinary share (“B Share”) and $0.90 per American Depository Share (“ADS”). Reference Share Price […]

Daily chart: In yesterday’s session, the USDX not make very significant movements for the development of a stronger trend. By contrast, current USDX movements show a market surrounded by much uncertainty, due to the current situation in Syria, so we must be very aware of the reaction of the USDX, in address to this situation. […]

Daily chart: The USDX is still facing a resistance at the 81.50 level. However, this could be the formation of a lower high pattern, but this is still not sure. It is possible that the USDX to fall to the bullish trend line at the level of 81.05. If the GBPUSD manages to break it, […]