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Brent Near Three Week High On Supply Worries
Brent crude oil (BNO, quote) made its way above $110 on Thursday as rising tension in Ukraine raised concerns about supply interruptions.
EURUSD Forecast May 15, 2014, Technical Analysis
The EURUSD pair initially tried to rally, but Wednesday action sell the market fall down to the 1.37 level.
GSK probe reveals bribes and lies
The bribery investigation of GlaxoSmithKline (GSK, quote) China (FXI, quote) has been completed and the case handed over to prosecutors, Changsha police said on Wednesday.
Portfolio Update
With May Expiration this week we have little house cleaning to do.
GBPUSD Forecast May 14, 2014, Technical Analysis
The GBPUSD pair broke down during the session on Tuesday, breaking the bottom of the shooting star that formed on Monday.
Yuan fall ‘dictated by market’
Recent falls in the yuan exchange rate against the US dollar are based entirely on market forces, a senior official said on Tuesday after Premier Li Keqiang met with visiting US Treasury Secretary Jacob Lew.
Tesla Upgrades Battery Plate
Tesla (TSLA, quote) announced it will update the battery plate with a titanium plate in order to prevent battery fires. The bolt on change is in response from the two Model S fire incidents last year that the media picked up and ran with video of the model S on fire for weeks on end. The fires where caused by road debris when the car ran over it and it
AUDUSD Forecast May 13, 2014, Technical Analysis
The AUDUSD pair did very little during the session on Monday, as it tried to rally but failed in the end.
EURUSD Forecast May 13, 2014, Technical Analysis
The EURUSD pair did almost nothing during the session on Monday, as the market sits right on top of the 1.3750 level, an area that we know is supportive.