News
Market news as on February 4th, 2014
Trade analysts were surprised with the low figures after the ISM manufacturing PMI from U.S were released yesterday. It was only about 51.3 instead of 56.4 as expected by everyone. This has been the slowest rate among all the eight
Read MoreFacebanx Aims To Revolutionize Player Identification Security
A security company called Facebanx has developed software that could revolutionize the world by changing the face of security. Apparently, this software can alter the way a customer logs into the site. This software is innovative as it makes use
Read MoreGreenback on a Climb after the Release of the FOMC Statement
The USD/EUR pair seems to have broken its support levels after the American session. Expectations were rife that the Fed would continue with its monetary stimulus. The pair was driven by that factor. After the statement was released, it was
Read MoreEUR/USD Slightly Recovers After U.S Data
The EUR/USD has slightly recovered from its previous downward trend and this upward trend has been caused by the ISM Non-Manufacturing PMI that weakened the U.S dollar. Its result was the weakest ever since July 2013 and another important data
Read MoreStocks Rise as Fed Announces $10 billion Tapering
Stocks in Asia accumulated overnight, this was initiated after the meeting of the Federal Reserve which took place in the US yesterday. Ben Bernanke the chairman of the Federal Reserve said that lowering of the $85 billion purchase program by
Read MoreYen Continues To Weaken
The USD/JPY continues to increase despite the weaker USD with its resistance at 103.35. The disappointing Japanese data has mainly drive the pair and its Tertiary Industry Activity has indicated a reduction of 0.7%. If the pair is capable of
Read MoreStocks Stumble
In the US today stocks have begun exchange somewhat higher. The sponsors on the other hand are positively responding to the housing section of the US and this has contributed in the prices of stocks to move up. However, the
Read MoreChinese Stocks Record High Whilst Crude Oil Down 4th Consecutive Day
After the first section of exchange in Asia levels in quantity increased and instability in the industry picked up. This however, turned out as bountiful exchange land for traders in binary options, like Hong Kong and Chinese whose stocks picked
Read MoreUK Inflation Rate Expected To Fall
A drop in the rate of inflation to a six-month low are set to be portrayed in the new official figures. Just 24 hours before the Bank of England releases an essential economy report of UK, the Office for National
Read MoreiOption files for bankruptcy
iOption website is still up and running, it appears that they are news reports coming from Israel that are confirming that it has been regarded as a trustworthy binary options online firm but has actually closed down. The most shocking
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