DailyMarkets.com - Forex – USD/CAD Weekly Outlook: January 31- February 4

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• Forex – USD/CAD Weekly Outlook: January 31- February 4
• Forex – AUD/USD Weekly Outlook: January 31- February 4
• Unrest In Egypt To Rattle The Global Financial Markets
• Forex – NZD/USD Weekly Outlook: January 31- February 4
• Forex – USD/CHF Weekly Outlook: January 31- February 4
• Forex – USD/JPY Weekly Outlook: January 31- February 4
• Stock Market Ideas For Monday, January 31

Forex – USD/CAD Weekly Outlook: January 31- February 4 Posted: 30 Jan 2011 06:44 AM PST Forex Pros – Last week saw the Canadian dollar close below parity against its U.S. counterpart for the first time in a month as escalating tensions in Egypt heightened risk aversion and dampened demand for growth-linked currencies.  USD/CAD hit 1.0015 on Friday, the pair's highest since January 20; the pair subsequently consolidated at 1.0011 by close of trade on Friday, climbing 0.78% over the week. The pair is likely to find support at 0.9911, Tuesday's low and resistance at … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Weekly Outlook: January 31- February 4 Posted: 30 Jan 2011 06:24 AM PST Forex Pros – Last week saw the Australian dollar edge higher against its U.S. counterpart, but fail to gain a toehold above parity, as concerns over the impact of recent floods in Queensland state weighed on the commodity-based economy. AUD/USD hit 1.0021 on Monday, the pair's highest since January 19; the pair subsequently consolidated at 0.9938 by close of trade on Friday, gaining 0.54% over the week. The pair was likely to find support at 0.9874, Thursday's low and resistance at … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Unrest In Egypt To Rattle The Global Financial Markets Posted: 30 Jan 2011 06:02 AM PST The global stock markets were sent crashing last Friday when the political turmoil in Egypt escalated. The major indices in Asia, namely the Nikkei, Topix, and Hang Seng were all in red. The Nikkei slipped by 1.13% to 10,360.30 while the Topix slipped by 1.07% to 919.69. Similarly, Hong Kong's Hang Seng also fell by 0.68% to 23,617.00. The markets in Europe experienced the same battering with the Stoxx 50 faltering by 1.39% to 2,954.13. Moreover, both FTSE 100 and DAX likewise fell by 1.40% … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Weekly Outlook: January 31- February 4 Posted: 30 Jan 2011 05:53 AM PST Forex Pros – Last week saw the New Zealand dollar touch its highest level this year against its U.S. counterpart after the country's central bank governor said there will be a "big increase" in the economy as earthquake rebuilding accelerates. NZD/USD hit 0.7792 on Friday, the pair's highest since December 31; the pair subsequently consolidated at 0.7733 by close of trade Friday, advancing 2.01% over the week. Speaking Friday, Reserve Bank Governor Alan Bollard said he expected the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Weekly Outlook: January 31- February 4 Posted: 30 Jan 2011 04:38 AM PST Forex Pros – Last week saw the Swiss franc close higher against the U.S. dollar, as escalating tensions in Egypt raised concerns about stability in the Middle East, boosting investor demand for the safe haven franc. USD/CHF hit 0.9389 on Thursday, the pair's lowest since January 4; the pair subsequently consolidated at 0.9417 by close of trade on Friday, tumbling 1.47% over the week. The pair is likely to find support at 0.9325, the low of January 4 and resistance at 0.9522, the high of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Weekly Outlook: January 31- February 4 Posted: 30 Jan 2011 04:04 AM PST Forex Pros – The week ending January 28 saw the yen close higher against the U.S. dollar, as political turmoil in Egypt spurred demand for the safe haven currency even after Standard & Poor's lowered Japan's credit rating. USD/JPY hit 83.2 on Thursday, the pair's highest since January 12; the pair subsequently consolidated at 82.1 by close of trade on Friday, shedding 0.54% over the week. The pair is likely to find support at 81.6, the low of January 4 and resistance at 82.91, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Market Ideas For Monday, January 31 Posted: 30 Jan 2011 03:31 AM PST     ( click to enlarge ) I have been following Sirius XM Radio Inc. (NASDAQ:SIRI) for a while and bought some after the major resistance level around 1.41 was broken. Honestly, the stock looks like it could go to $2 or even higher by the end of year. Nice growth, good expansion and management team. I believe the current uptrend is sustainable and I do expect that we will have a quick upward movement. Overall, the flux of news have been in favor of Bulls. I prefer to keep with … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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