27 May, 2016 by The TZ Newswire Staff Comments Off on Townhouse owned by artists Madeline Gins and Shusaku Arakawa sells for $15.4M
Townhouse owned by artists Madeline Gins and Shusaku Arakawa sells for $15.4M
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27 May, 2016 by The TZ Newswire Staff Comments Off on Write-Offs: 5.27.16
Write-Offs: 5.27.16
Somalia plants to print its own currency; North Korea linked to digital attacks on global banks; Kim Jong Un’s aunt runs a dry-cleaners in NYC; and more.
27 May, 2016 by The TZ Newswire Staff Comments Off on Trump University students say they learned nothing
Trump University students say they learned nothing
Former Trump University students say they spent a lot of money but did not learn any real estate secrets. A review of Trump University presenters revealed questionable credentials and inflated resumes. CNN’s Drew Griffin reports.
27 May, 2016 by The TZ Newswire Staff Comments Off on Bitcoin Price Hits Six-Month High Amid 5% Surge
Bitcoin Price Hits Six-Month High Amid 5% Surge
Bitcoin prices surged more than 5% in the early hours of 27th May, to reach a more than six-month high.
27 May, 2016 by The TZ Newswire Staff Comments Off on EUR/USD consolidates near weekly low – orders
EUR/USD consolidates near weekly low – orders
EUR/USD down 61-pips to 1.1133
The euro narrowly fell below Tuesday’s low of 1.1127 to the worst level since March 16.
Bids:
– 1.1128 – 61.8% retracement of March-April rally
Offers:
27 May, 2016 by The TZ Newswire Staff Comments Off on EUR/USD consolidates near weekly low – orders
EUR/USD consolidates near weekly low – orders
EUR/USD down 61-pips to 1.1133
The euro narrowly fell below Tuesday’s low of 1.1127 to the worst level since March 16.
Bids:
– 1.1128 – 61.8% retracement of March-April rally
Offers:
27 May, 2016 by The TZ Newswire Staff Comments Off on Watch Yellen; sell JPY rallies vs EUR – Credit Agricole
Watch Yellen; sell JPY rallies vs EUR – Credit Agricole
Credit Agricole ahead of Yellen
Looking ahead it will depend on to drive sentiment further. However, even if she decides in favour of a more hawkish rhetoric it must still be noted that any tightening of monetary policy will depend on incoming data and will be gradual in nature. As long as improving US growth prospects compensate for higher rates overall sentiment does not need to weaken sustainably. Last but not least it must be noted that it is no certainty that Yellen will make any strong remarks with respect to monetary policy prospects.