Euro News

I awoke before sunrise this morning and found a message in my inbox from the BOSS, asking if I would “write a piece about Greece.” I said, of course that I would. After having tended to some business, it is now four hours later and I can see that the entire continent of Europe is […]

Greek Finance Minister, Yanis Varufakis today confirmed to the press that Greece will not pay the 1,600 million euros owed to the International Monetary Fund (IMF), whose term expires at midnight. However, the European Commission (EC), through its president Jean-Claude Juncker, submitted an last-minute offer to the Greek PM, Alexis Tsipras, with three conditions to […]

Greek PM asks voters to reject bailout terms The future of the Greek economy faces continued uncertainty after Prime Minster Alex Tspiras threatened to resign if citizens did not vote to reject EU-IMF proposals bailout. “If the Greek people want to proceed with austerity plans in perpetuity, which will leave us unable to lift our […]

Alexis Tsipras, the Greek PM, is threatening to resign if the referendum next Sunday doesn’t go his way, claiming that only by voting against austerity would Greece be able to negotiate a settlement to the current crisis. The referendum will ask voters whether to accept the terms put forth last week by eurozone creditors. In […]

EURUSD filled the bearish gap left during the monday session and now it’s looking for a clear road during this week. Greece has been in the world news headlines because of the economical crisis which is happening there and EURUSD is a pair very connected with that situation. However, the technical outlook is already pointing […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold has been trending downwards recently, going below the supply level at 1199.00. The bias on the market is bearish, as efforts to push the price upwards have been invariably scuttled. Price consolidated for most part of the last week, and there could soon be a breakout to the upside […]

Shire’s (LSE:SHP) share price jumped by 45.0 points and 0.85% to 5,335.0 today after announcing that it had handily beaten earnings expectations for the first quarter ended 31 March 2015.  The average analyst earnings estimate for Shire in the first quarter was $604 million (£393 million).  If $604 was the outfield wall, Shire hit a […]

Ivrea Project: Second Exploration Permit Issued Nyota Minerals Limited (LSE:NYO) has announced that a second exploration permit at the Ivrea Project in the Piemonte Region of Italy has been issued to KEC Exploration Pty. Nyota announced on 10 February 2015 that it had entered into a binding agreement for the acquisition of 70% of KEC. […]

Extension granted for the Danica Jutland and Resources Licences, Denmark New World Oil and Gas Plc, an oil and gas operating company focused on Denmark and Belize, has reached agreement with the Danish Energy Agency to extend its existing work programme commitment deadlines for Licences 1/08, 1/09 and 2/09 to 15 September 2015. These extensions […]

The bearish bias continues to be very solid at the H1 chart in the EURUSD, as the pair is trading below the resistance level of 1.0641 Also, the EURUSD is located below the daily pivot point level of 1.0748, forming a lower low pattern and looking to reach the support zone of 1.0478. In the […]