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EUR/USD technical outlook for July 31, 2014

EUR/USD marking 2014 lows. Short position with stop-loss @ 1.3450 on a closing basis indicated.

Chart courtesy of investing.com

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US

U.S. Bars Travel by Top Venezuelan Officials

The former general, Hugo Carvajal, was arrested last week in Aruba at the request of the United States. Venezuela had designated Mr. Carvajal as its consul general to Aruba, but Aruban officials said he did not have diplomatic immunity because they had not accepted his appointment to the post. 9 more words

Crime

U.S House Republicans vote to sue President Obama for allegedly exceeding his constitutional powers.

The US House of Representatives has passed a resolution to sue President Barack Obama for allegedly exceeding his constitutional powers.

The 225-201 vote along party lines means House lawyers will now draft legal documents to launch a lawsuit.  188 more words

News

Can Kerry 'friend' Modi?

If India and the U.S. were Facebook friends, the relationship between them would undoubtedly be “complicated.” Can the U.S. Secretary of State’s visit change that? FULL STORY

Politics

Oil prices fall despite strong US GDP, inventories data

Oil prices fell on Wednesday (July 30), putting the US benchmark futures contract within a whisper of US$100 a barrel despite a larger-than-expected decline in US crude supplies and heightened geopolitical tensions. 255 more words

Back to square one-Space War

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The Iraq and Afghan wars have cost the U.S. taxpayer upwards of $2 trillion thus far — and the meter is still running in both theaters. 1,009 more words

NEWS

US stocks finished mixed on Wednesday

The Dow Jones Industrial Average fell 31.75 points (0.19 per cent) to 16,880.36
The tech-rich Nasdaq Composite Index gained 20.20 points (0.45 per cent) to 4,462.90. 317 more words