DailyMarkets.com - Why The Fall Of SYSWIN IPO Underlines Chinese Housing Market Bubble

Why The Fall Of SYSWIN IPO Underlines Chinese Housing Market Bubble
Forex – GBP/JPY Up During The Asian Session
Forex – NZD/USD Up During The Asian Session
Forex Trading: EURUSD Down But At An Important Level – In A QUIET Market

Why The Fall Of SYSWIN IPO Underlines Chinese Housing Market Bubble

Posted: 25 Nov 2010 05:25 PM PST

As the famous Bob Marley lines suggest, ‘you can fool some people sometimes, but you can’t fool all the people all the time’. The same is indeed happening in the Chinese realty sector. There is no denying the fact that although China appears to be a dream investment destination today, the ongoing rush to invest directly in China can turn out to be a real nightmare is the long term especially in the hyped Chinese Real estate markets. As the world fights deep recession, which is … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/JPY Up During The Asian Session

Posted: 25 Nov 2010 04:45 PM PST

Forex Pros – The British Pound was higher against the Japanese Yen on Friday.

GBP/JPY was trading at 131.89, up 0.10% at time of writing.

The pair was likely to find support at 130.86, Wednesday's low, and resistance at 134.20, Monday's high.

Meanwhile, the British Pound was down against the U.S. Dollar and up against the Euro, with GBP/USD shedding 0.05% to hit 1.5752 and EUR/GBP falling 0.11% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Up During The Asian Session

Posted: 25 Nov 2010 03:50 PM PST

Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Thursday.

NZD/USD was trading at 0.7613, up 0.17% at time of writing.

The pair was likely to find support at 0.7560, today's low, and resistance at 0.7836, Monday's high.

Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.48% to hit 1.2844 and EUR/NZD falling 0.30% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates