Business PC Age Greatest inside a Decade, 74 Percent Running Home windows XP

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Even as Windows 7 adoption in the business world heats up, Microsoft’s Tammi Reller, Windows team CVP, has dropped some startling numbers that some say show just how poorly Windows Vista did. At Microsoft’s Worldwide Partner Conference, Reller stated that Microsoft’s internal data indicates that 74 percent of business worldwide still run on Windows XP – an operating system that ... Read More »

Chart Of The Day For September 19th,2014-EUR/USD

By Ilya Spivak EUR/USDTechnical Strategy: Short at1.3644 Support: 1.2858, 1.2796, 1.2673 Resistance:1.2951, 1.2994, 1.3074 The Eurocould correct greater versus the United States Dollarafter developing a bullish Piercing Line candle light design coupled with good RSI aberration. An everyday close above trend line resistance at 1.2951 subjects the September 16 high at 1.2994. Conversely, turnaround listed below over the 1.2858-71 area ... Read More »

Bitcoin Down 14%, Three Theories That May Explain Why

Want to Trade Bitcoin? ForexNews RecommmendsClick Here To Learn More. Since our last update yesterday, the losses for everyone’s favorite cryptocurrency have accelerated. Bitcoin broke the previous day’s low at $434 .17 and from here it was down all the way. Towards the end of yesterday’s trading session, prices stalled around the round $400 figure but two hours later BTC/USD ... Read More »

Will Scotland Be Penny Wise and Pound Foolish?

It has been a long time coming, but Scottish nationalists finally get to vote for independent statehood today. A “Yes” or “No” win cannot be guaranteed, but rest assured, the market will need to brace itself for some sharp sterling swings no matter the outcome. Rumor, innuendo, and early exit polls will be keeping global capital markets jumping throughout the ... Read More »

Gold – Remains Steady Around $1225

Gold for Friday, September 19, 2014 After finding some support around $1225 for a few days to start this week which saw it rally back close to $1240, Gold has now fallen sharply to its lowest level since Janyary this year. The next obvious level of potential support is at $1200 which is a long term key level. If gold ... Read More »

Markets Brace for More Volatility on ECB TLTRO, Scotland Referendum

Talking Points: Franc May Decline if SNB Threatens to Expand Anti-Deflationary Measures Euro Could Bounce as Strong TLTRO Uptake Cuts Stimulus Expansion Bets Pound Volatility in the Cards as Scotland Independence Referendum Looms The FOMC monetary policy announcement fueled sharp volatility across currency markets but this marked just the beginning of a marathon of tectonic event risk facing investors. The ... Read More »

Chart Of The Day For September 18th,2014 – EUR/USD

By Ilya Spivak EUR/USD Technical Strategy: Short at1.3644 Support: 1.2858, 1.2796, 1.2673 Resistance:1.2994, 1.3081, 1.3159 The Euro turned sharply lower against the US Dollar once again in the aftermath of the FOMC monetary policy announcement. Near-term support is in the 1.2858-71 area, marked by the September 9 low and the 14.6% Fibonacci expansion. A daily close below that exposes the 23.6% level at 1.2796. Alternatively, a bounce above the September ... Read More »