DailyMarkets.com - The Internet Kill Switch – One Of The Favorite New Tools Of Tyrannical Governments All Over The Globe

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• The Internet Kill Switch – One Of The Favorite New Tools Of Tyrannical Governments All Over The Globe
• Stock Markets More Stretched Above The Mean Than Any Other Time In Last 10 Years
• Precious Metals And US Dollar’s Next Big Move – Part II
• Forex Trading: Eurozone CPI Flash Estimate
• Euro Zone CPI Rises More-than-expected In January
• Forex – USD/CHF Moves Cautiously Higher As Markets Remain Wary
• Euro Stocks Broadly Lower As Egypt Fears Weigh; DAX Sheds 0.58%
• Forex – Dollar Mixed Vs. Rivals As Egyptian Unrest Continues
• Forex – GBP/USD Pares Losses But Risk Aversion Weighs
• Forex – USD/JPY Trims Losses But Remains Under Pressure
• Forex Trading: Eur/Usd Recovering, Needs To Push Above 1.3640 For Added Strength
• Forex – NZD/USD Lower On Egypt Fears, Weak Domestic Data
• Forex – AUD/USD Erases Losses As Egypt Fears Wane
• German Retail Sales Fall Unexpectedly In December
• Asia Stocks Plunge On Egypt Concerns; Nikkei Down 1.18%
• Forex – EUR/USD Steady After Slipping On Egypt Turmoil
• Growth & Income Stock: Patterson Companies, Inc.
• Momentum Stock: CF Industries Holdings, Inc.
• Aggressive Growth Stock: Super Micro Computer Inc.
• Bull Of The Day: Royal Dutch Shell
• Bear Of The Day: PetMed Express (PETS)
• Forex – EUR/USD Up During The Asian Session
• Crude Oil Rises On Egypt Concerns, Gold Rebounds On Safe Haven Demand
• As The Middle East Unrest Continues, Prepare A Market Strategy
• AEP Misses But Reaffirms Guidance
• Forex – GBP/USD Up During The Asian Session
• Forex – USD/JPY Down On Economic Data
• Japanese Housing Starts Rise Unexpectedly
• Forex – EUR/CHF Down During The Asian Session
• Forex – USD/CHF Down During The Asian Session
• Forex – EUR/GBP Down During The Asian Session
• Crude Oil Spikes Like An Egyptian
• Forex – USD/JPY Down During The Asian Session
• Singapore Stock Market Update For Monday 31 January
• Forex – USD/CAD Down During The Asian Session
• Rising Costs Hit JetBlue
• Forex – AUD/USD Down During The Asian Session
• Forex – GBP/CHF Down During The Asian Session
• Forex – EUR/USD Down During The Asian Session
• Central Reserve Bank Of Peru Raises Reserve Requirement 25bps
• Forex – EUR/JPY Down During The Asian Session

The Internet Kill Switch – One Of The Favorite New Tools Of Tyrannical Governments All Over The Globe Posted: 31 Jan 2011 03:35 AM PST This past week was a perfect example of how the “Internet kill switch” is rapidly becoming one of the favorite new tools of tyrannical governments all over the globe. Once upon a time, the Internet was a bastion of liberty and freedom, but now nation after nation is cracking down on it. In fact, legislation has been introduced once again in Congress that would give the president of the United States an “Internet kill switch” that he would be able to use in the event of war or emergency. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Markets More Stretched Above The Mean Than Any Other Time In Last 10 Years Posted: 31 Jan 2011 03:25 AM PST All markets are subject to the forces of regression. Newton’s basic laws of motion: Action and reaction. At current levels both the S&P and Nasdaq 100 are stretched further above the 200 day moving average than virtually any other time in  the last 10 years. Not surprisingly the further a market stretches in one direction the harder it snaps back in the other once the forces of regression gets its hooks into the market. The Fed is exacerbating this process with … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Precious Metals And US Dollar’s Next Big Move – Part II Posted: 31 Jan 2011 02:40 AM PST We have seen some exciting moves in the market and with the market sentiment so bullish it should make for a sharp selloff in the coming weeks. Meaning everyone is overly bullish and owns a lot of stocks and commodities; therefore the market should top and leave them holding the bag while the smart money runs for the door. The market will not bottom until all of these individuals holding the bag finally cannot take the pain of losing any more money and once we see them panic and sell them … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Eurozone CPI Flash Estimate Posted: 31 Jan 2011 02:08 AM PST Eurozone CPI Flash Estimate y/y came in at 2.4%, inline with expectations but an improvement of the 2.2% prior reading. The market may have taken this as positive news as Eur/Usd escalated above 1.3640 upon the heels of release. The pair currently trades at … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Euro Zone CPI Rises More-than-expected In January Posted: 31 Jan 2011 02:05 AM PST Forex Pros – Consumer price inflation in the euro zone increased more-than-expected in January, rising to the highest level since October 2008, preliminary data showed on Monday. In a report, Eurostat said consumer price inflation was expected to rise by a seasonally adjusted 2.4% in January, after rising 2.2% in December. Analysts had expected euro zone CPI to rise by 2.3% in January. Following the release of the data, the euro was up against the U.S. dollar, with EUR/USD gaining 0.36% to … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Moves Cautiously Higher As Markets Remain Wary Posted: 31 Jan 2011 02:01 AM PST Forex Pros – The U.S. dollar moved higher against the Swiss franc on Monday, while markets remained wary of more unrest in the Middle East, as political upheaval in Egypt showed no signs of abating. USD/CHF hit 0.9432 during European morning trade, the daily high; the pair subsequently consolidated at 0.9429, easing up 0.08%. The pair was likely to find support at 0.9389, the low of January 27 and resistance at 0.9481, the high of the same day. Earlier Monday, anti-government protests in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Euro Stocks Broadly Lower As Egypt Fears Weigh; DAX Sheds 0.58% Posted: 31 Jan 2011 01:47 AM PST Forex Pros – European stock markets were broadly lower on Monday, as simmering fears over political unrest in Egypt weighed, while U.S. futures indexes pointed to a lower open on Wall Street. During European morning trade, the EURO STOXX 50 slumped 0.77%, France's CAC 40 dropped 0.81%, while Germany’s DAX was down 0.58%. Earlier in the day, ratings agency Moody's downgraded Egypt's government bond ratings, as escalating political tensions in Egypt threatened President Hosni … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Dollar Mixed Vs. Rivals As Egyptian Unrest Continues Posted: 31 Jan 2011 01:23 AM PST Forex Pros – The U.S. dollar was mixed against its major counterparts on Monday, as uncertainty remained over whether escalating political unrest in Egypt could spread to neighboring Arab countries. During European morning trade, the greenback was lower against the euro, with EUR/USD rising 0.14% to hit 1.3629. Earlier in the day, official data showed that German retail sales declined unexpectedly in December, down for a second month. The greenback was also down slightly against the pound, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Pares Losses But Risk Aversion Weighs Posted: 31 Jan 2011 01:09 AM PST Forex Pros – The pound pared losses against the U.S. dollar on Monday, but remained under pressure, as concerns over escalating civil unrest in Egypt fuelled risk aversion. GBP/USD clawed back up from1.5822, the pair's lowest since January 26, to hit 1.5854 during European morning trade, slipping 0.02%. Cable was likely to find support at 1.5768, the low of January 26 and resistance at 1.5965, Friday's high. Earlier in the day, protesters continued demonstrating in central Cairo and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Trims Losses But Remains Under Pressure Posted: 31 Jan 2011 12:35 AM PST Forex Pros – The U.S. dollar trimmed losses against the yen on Monday, easing off an eight-day low, as concerns over the deteriorating political situation in Egypt continued to impact market sentiment. USD/JPY clawed back up from 81.92, the pair's lowest since January 19, to hit 82.11 during early European morning trade, dipping 0.03%. The pair was likely to find support at 81.84, the low of January 19 and resistance at 82.91, Friday's high. Egyptian protesters congregated in central … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Eur/Usd Recovering, Needs To Push Above 1.3640 For Added Strength Posted: 31 Jan 2011 12:20 AM PST Since trading down to 1.3569 earlier in the session Eur/Usd has been on a steady recovery. If the pair can rise above 1.3640, which is the 50% fibo of move down from 1.3757 to 1.3569, this would signify a bullish sentiment and possibly send Euro above 1.3700. After the drop on Friday the pair tested 1.3640 as it attempted to rebound but couldn't break above. So far the high has been 1.3635 this session and it appears the pair is poised for another run at … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Lower On Egypt Fears, Weak Domestic Data Posted: 31 Jan 2011 12:18 AM PST Forex Pros – The New Zealand dollar was down against its U.S. counterpart on Monday as concerns about the political unrest in Egypt and weak domestic data hit the currency. NZD/USD hit 0.7688 during late Asian trade, the pair's lowest since last Thursday; the pair subsequently consolidated at 0.7725, slipping 0.12%. The pair was likely to find support at 0.764, the low of January 26 and resistance at 0.7792, Friday's high. Earlier in the day, official data showed that New Zealand's … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Erases Losses As Egypt Fears Wane Posted: 31 Jan 2011 12:03 AM PST Forex Pros – The Australian dollar erased losses against its U.S. counterpart on Monday, after dropping on the deteriorating situation in Egypt, boosted by exporter and month-end buying. AUD/USD clawed back up from 0.9867, the pair's lowest since January 24 to hit 0.9952 during late Asian trade, gaining 0.12%. The pair was likely to find support at 0.9867, the day's low and resistance at 1.0000, the high if January 27. Earlier in the day, the Reserve Bank of Australia reported that … [visit site to read more] or compare Best Credit Cards and Best CD Rates

German Retail Sales Fall Unexpectedly In December Posted: 30 Jan 2011 11:52 PM PST Forex Pros – Retail sales in Germany fell unexpectedly in December, declining for a second consecutive month, official data showed on Monday. In a report, Germany's Statistics Office said retail sales declined by a seasonally adjusted 0.3% in December, after falling by 1.9% in November, whose figure was revised upwards from a decline of 2.4%. Analysts had expected retail sales to rise by 1.9% in December. Following the release of that data, the euro was up against the U.S. dollar, with … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Asia Stocks Plunge On Egypt Concerns; Nikkei Down 1.18% Posted: 30 Jan 2011 11:45 PM PST Forex Pros – Asian stocks were broadly lower on Monday, as market sentiment was weighed by ongoing political turmoil in Egypt, while Japanese exporters declined as the yen strengthened.   During late Asian trade, Hong Kong’s Hang Seng Index slumped 0.63%, South Korea’s Kospi Composite tumbled 1.81%, while Japan's Nikkei 225 Index dropped 1.18%. Protests in Egypt continued for a sixth day on Monday, threatening President Hosni Mubarak's 30-year rule and raising fears of the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Steady After Slipping On Egypt Turmoil Posted: 30 Jan 2011 11:34 PM PST Forex Pros – The euro was steady against the U.S. dollar on Monday, as risk aversion eased but markets remained cautious amid fears that ongoing political turmoil in Egypt could spread across the region. EUR/USD hit 1.3625 during late Asian trade, the daily high; the pair subsequently consolidated at 1.3623, easing up 0.09%. The pair was likely to find short-term support at 1.3539, the low of January 24 and resistance at 1.3757, last Thursday's high. Egyptian protesters congregated in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Growth & Income Stock: Patterson Companies, Inc. Posted: 30 Jan 2011 11:05 PM PST Patterson Companies, Inc. (NASDAQ:PDCO) recently became a Zacks #2 Rank (Buy) stock as earnings estimates have been rising recently. Analysts are looking for high single-digit earnings growth over the next couple years, and the company also began paying a dividend in 2010. Although the stock risen with the overall market since September 1, shares are still reasonably priced with a PEG ratio of 1.2. Company Description Patterson Companies, Inc. distributes various equipment and supplies to the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Momentum Stock: CF Industries Holdings, Inc. Posted: 30 Jan 2011 11:05 PM PST CF Industries Holdings, Inc. (NYSE:CF) continues to trade strong, recently hitting a new multi-year high at $149.65 as agriculture prices remain in elevated territory. With a bullish growth projection and discounted valuation, this Zacks #1 rank stock is a solid momentum player. Company Description CF Industries Holdings, Inc. manufactures and distributes nitrogen and phosphate in North America and various global markets. The company was founded in 1946 and has a market cap of $9.5 billion. With … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Aggressive Growth Stock: Super Micro Computer Inc. Posted: 30 Jan 2011 11:05 PM PST Super Micro Computer, Inc. (NASDAQ:SMCI) is coming off of a record-setting quarter for both sales and net income. Estimates are moving higher, giving the stock a Zacks #1 Rank (Strong Buy). Shares did move higher on the earnings news, but given the valuations, it is not too late to make a profit on SMCI. Company Description Super Micro offers server technology and green computing. The company has customers around the world in need of workstation, blade, storage and other tech systems and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bull Of The Day: Royal Dutch Shell Posted: 30 Jan 2011 11:05 PM PST With the economic rebound showing signs of strengthening and oil prices rallying, we expect integrated oil companies such as Royal Dutch Shell (RDS.A) to continue to accelerate revenue and earnings growth over the next few quarters. Apart from the economic recovery, the group’s recent results have also benefited from its operational and production efficiency and contributions from growth programs. Royal Dutch Shell has been able to boost returns and remain competitive by embarking on aggressive … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bear Of The Day: PetMed Express (PETS) Posted: 30 Jan 2011 11:05 PM PST PetMed Express (NASDAQ:PETS) reported another disappointing quarter with EPS of $0.20, in line with the Zacks Consensus Estimate although lower than the year-ago quarter’s $0.25. Revenues continued to slide with a decline in new order sales and fewer new customers. Moreover, both gross and operating margins declined driven by higher product and advertising costs. This is a big blow for the company, as it depends on advertising to increase its customer base. Moreover, economic uncertainty is taking a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Up During The Asian Session Posted: 30 Jan 2011 10:08 PM PST Forex Pros – The Euro was higher against the U.S. Dollar on Monday. EUR/USD was trading at 1.3613, up 0.01% at time of writing. The pair was likely to find support at 1.3570, today's low, and resistance at 1.3758, Thursday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.10% to hit 0.8574 and EUR/JPY falling 0.18% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Crude Oil Rises On Egypt Concerns, Gold Rebounds On Safe Haven Demand Posted: 30 Jan 2011 10:00 PM PST Commodities – Energy Crude Oil Rises on Egypt Concerns Crude Oil (WTI) – $89.93 // $0.59 // 0.66% Commentary: Crude oil is carrying on how it left last week, rallying on concerns related to Middle East and African oil supply amid the unrest in Egypt. WTI is back over $90, while Brent is testing the $100 level. News flow related to the ever-evolving situation in Egypt will likely be the major driver of price action this week. The oil market is especially concerned with the potential for unrest … [visit site to read more] or compare Best Credit Cards and Best CD Rates

As The Middle East Unrest Continues, Prepare A Market Strategy Posted: 30 Jan 2011 09:59 PM PST The Middle East unrest continues and this will likely make our markets uneasy in the meantime.  This situation may last longer then we want it to as President Mubarak does not want to resign even though the people have clearly spoken. This situation has re-energized oil prices and oil stocks that drill in America have seen some buyers.  I am looking for more sector rotation to oil stocks which have been beaten down lately but, the rush to cash could simply overwhelm all sectors at any … [visit site to read more] or compare Best Credit Cards and Best CD Rates

AEP Misses But Reaffirms Guidance Posted: 30 Jan 2011 09:55 PM PST Before the bell, American Electric Power Company Inc. (NYSE:AEP) reported its fourth quarter and fiscal 2010 results. In the reported quarter, the company with ongoing earnings of 38 cents a share came marginally below the Zacks Consensus Estimate of 39 cents. The company's results also came way below the year-ago quarterly earnings of 50 cents. Earnings in the reported quarter were lower than the year-ago period due to lower utility earnings (5 cents), loss from property casualty (1 cent) and a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Up During The Asian Session Posted: 30 Jan 2011 09:43 PM PST Forex Pros – The British Pound was higher against the U.S. Dollar on Monday. GBP/USD was trading at 1.5867, up 0.04% at time of writing. The pair was likely to find support at 1.5770, Wednesday's low, and resistance at 1.5991, Thursday's high. Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.06% to hit 0.8576 and GBP/JPY falling 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Down On Economic Data Posted: 30 Jan 2011 09:23 PM PST Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Monday after the release of Japanese data on Housing Starts. USD/JPY was trading at 82.06, down 0.10% at time of writing. The pair was likely to find support at 81.98, Monday's low, and resistance at 83.20, Thursday's high. Earlier in the day, official data showed that Japanese housing starts rose unexpectedly to a seasonally adjusted annual rate of 7.50% last month from 6.80% in the preceding month. Analysts had … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Japanese Housing Starts Rise Unexpectedly Posted: 30 Jan 2011 09:13 PM PST Japanese housing starts rose unexpectedly last month, official data showed on Monday. In a report, the Ministry of Land, Infrastructure, Transport, and Tourism said that the number of housing starts rose to a seasonally adjusted annual rate of 7.50%, from 6.80% in the preceding month. Analysts had expected the number of housing starts to fall to 4.60% last … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/CHF Down During The Asian Session Posted: 30 Jan 2011 09:08 PM PST Forex Pros – The Euro was lower against the Swiss Franc on Monday. EUR/CHF was trading at 1.2808, down 0.10% at time of writing. The pair was likely to find support at 1.2780, today's low, and resistance at 1.3002, Thursday's high. Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.07% to hit 1.3602 and EUR/JPY falling 0.16% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Down During The Asian Session Posted: 30 Jan 2011 08:38 PM PST Forex Pros – The U.S. Dollar was lower against the Swiss Franc on Monday. USD/CHF was trading at 0.9418, down 0.02% at time of writing. The pair was likely to find support at 0.9391, Thursday's low, and resistance at 0.9481, Thursday's high. Meanwhile, the U.S. Dollar was up against the Euro and down against the Japanese Yen, with EUR/USD shedding 0.01% to hit 1.3610 and USD/JPY falling 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/GBP Down During The Asian Session Posted: 30 Jan 2011 08:08 PM PST Forex Pros – The Euro was lower against the British Pound on Monday. EUR/GBP was trading at 0.8572, down 0.12% at time of writing. The pair was likely to find support at 0.8564, today's low, and resistance at 0.8672, Wednesday's high. Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.12% to hit 1.3594 and EUR/JPY falling 0.18% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Crude Oil Spikes Like An Egyptian Posted: 30 Jan 2011 07:45 PM PST Images of mass Egyptian protesters clashing with police in Cairo broadcasted around the world shook global financial markets on Friday, Jan. 28. Dow and S&P 500 both dropped more than 1%, while some asset classes such as gold, silver, U.S. Treasuries were hot commodities from safe haven demand. NYMEX West Texas Intermediate (NYSE:WTI) also spiked more than 4%, closing at $89.34, while ICE Brent crude for March delivery surged 2.1% to $99.42 a barrel, and touched $99.74 intraday, a new … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Down During The Asian Session Posted: 30 Jan 2011 07:38 PM PST Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Monday. USD/JPY was trading at 82.05, down 0.10% at time of writing. The pair was likely to find support at 81.98, Monday's low, and resistance at 83.20, Thursday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.06% to hit 1.3603 and GBP/USD falling 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Singapore Stock Market Update For Monday 31 January Posted: 30 Jan 2011 07:37 PM PST Morning Highlights STI  fell 37.92 points to open at 3,191.77 on overnight sharp drop in Wall Street on Friday as anti-government rioting in Egypt prompted investors to flee to less risky assets to ride out the turmoil. Singapore market is directionless now, support is seen at 3100. News Updates: Concerns about Egypt overshadowed a report showing the U.S. expanded 3.2% in the fourth quarter. Household purchases, about 70% of the economy, rose at a 4.4% pace, the most since the first … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Down During The Asian Session Posted: 30 Jan 2011 07:08 PM PST Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Monday. USD/CAD was trading at 1.0010, down 0.02% at time of writing. The pair was likely to find support at 0.9927, Thursday's low, and resistance at 1.0029, today's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.07% to hit 1.3602 and GBP/USD falling 0.04% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Rising Costs Hit JetBlue Posted: 30 Jan 2011 06:55 PM PST JetBlue Airways Corporation (NASDAQ:JBLU), a top discount airline, reported its fourth quarter earnings of 3 cents per share missing the Zacks Consensus Estimate by 2 cents and falling below the year-ago quarter's earnings by a penny. Lower-than-expected earnings can be credited to increasing operating costs for the airlines that substantially offset better air traffic and higher airfares. For full-year 2010, earnings shot up 47.6% to 31 cents per share. Despite severe weather conditions in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Down During The Asian Session Posted: 30 Jan 2011 06:28 PM PST Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Monday. AUD/USD was trading at 0.9909, down 0.32% at time of writing. The pair was likely to find support at 0.9867, today's low, and resistance at 1.0001, Thursday's high. Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.19% to hit 1.3719 and AUD/JPY falling 0.34% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/CHF Down During The Asian Session Posted: 30 Jan 2011 06:03 PM PST Forex Pros – The British Pound was lower against the Swiss Franc on Monday. GBP/CHF was trading at 1.4918, down 0.14% at time of writing. The pair was likely to find support at 1.4868, Wednesday's low, and resistance at 1.5106, Thursday's high. Meanwhile, the British Pound was down against the U.S. Dollar and up against the Euro, with GBP/USD shedding 0.09% to hit 1.5845 and EUR/GBP falling 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Down During The Asian Session Posted: 30 Jan 2011 05:33 PM PST Forex Pros – The Euro was lower against the U.S. Dollar on Monday. EUR/USD was trading at 1.3578, down 0.25% at time of writing. The pair was likely to find support at 1.3570, today's low, and resistance at 1.3758, Thursday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.12% to hit 0.8572 and EUR/JPY falling 0.25% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Central Reserve Bank Of Peru Raises Reserve Requirement 25bps Posted: 30 Jan 2011 05:27 PM PST The Central Reserve Bank of Peru raised the average reserve requirement rate by 25 basis points in order to constrain credit growth as part of the process of monetary policy stimulus withdrawal. The move comes into effect from 1 Feb 2011; as of Jan. 25 the average reserve requirement rate of Peruvian banks was 11.9%. Loan growth in Peru for 2010 was 19% year over year according to Peru’s banking association, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/JPY Down During The Asian Session Posted: 30 Jan 2011 04:58 PM PST Forex Pros – The Euro was lower against the Japanese Yen on Monday. EUR/JPY was trading at 111.58, down 0.17% at time of writing. The pair was likely to find support at 111.41, Monday's low, and resistance at 114.01, Thursday's high. Meanwhile, the Euro was down against the U.S. Dollar and the British Pound, with EUR/USD shedding 0.19% to hit 1.3585 and EUR/GBP falling 0.05% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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