DailyMarkets.com - Stock Market Hit By Panic Selling – Why Silver And Gold Are Next!
DailyMarkets.com - Stock Market Hit By Panic Selling – Why Silver And Gold Are Next! |
- Stock Market Hit By Panic Selling – Why Silver And Gold Are Next!
- U.K. CBI Industrial Order Expectations Drop Unexpectedly In January
- Forex – USD/CHF Dips Lower As Chinese Data Weighs On Sentiment
- Forex – Dollar Mixed Vs. Rivals Amid China Tightening Fears
- Stock Trading Plan For Thursday (FFIV, CRM, RVBD, NTAP)
- Swiss ZEW Economic Expectations Decline In January
- European Stocks Mixed On Chinese Data; DAX Down 0.11%
- Forex – GBP/USD Trims Losses As Chinese Data Boosts Risk Appetite
- Forex – USD/JPY Eases Off 2-week Low As Risk Aversion Creeps Back
- Forex – NZD/USD Tumbles To 5-day Low After Q4 Inflation Data
- German PPI Rises More-than-expected In December
- Forex – AUD/USD Hits Two Day Low On China Tightening Concerns
- Asia Stocks Plunge Amid China Tightening Concerns; Nikkei Down 1.13%
- Forex Trading: Eur/Usd Hourly Glance
- Forex – EUR/USD Slips, But May Rebound On China Growth Data
- Momentum Stock: Acme Packet, Inc.
- Growth & Income Stock: Featuring CSX From The Growth & Income Portfolio
- Growth & Income Stock: Waddell & Reed Financial, Inc.
- Aggressive Growth Stock: SYNNEX Corp
- Bear Of The Day: RLI Corporation (RLI)
- Bull Of The Day: CB Richard Ellis Group (CBG)
- Forex – EUR/USD Down During The Asian Session
- Forex – GBP/USD Down During The Asian Session
- Forex – EUR/CHF Down During The Asian Session
- Crude Oil Is Little Changed Ahead Of DOE Report, Gold Holds Support Despite Investor Selling
- Forex – USD/CHF Up During The Asian Session
- Forex – EUR/GBP Up During The Asian Session
- Goldman Beats On Fundamentals
- Goldman Beats On Fundamentals
- Wells Fargo A Penny Short
- U.S. Bancorp Reports In Line
- Shale Gas Will Rock The World: October Natural Gas Production Sets Another New All-Time Record
- Forex – USD/JPY Up During The Asian Session
- ETF News Update: A Day Of Major Stock Market Misses (GLD, UUP, USO, GS)
- Forex – USD/CAD Up During The Asian Session
- An Explanation For Today’s Slide Not Heard Elsewhere
- Forex – AUD/USD Down During The Asian Session
- Guest Post: Will Our Economy Ever Recover From The “Greatest Recovery”?
- Serbia Central Bank Tightens Reserve Requirements
- Forex – EUR/USD Down During The Asian Session
- Poland Central Bank Raises Rate 25bps To 3.75%
- Forex – EUR/JPY Down During The Asian Session
- Forex – GBP/JPY Up During The Asian Session
- Forex – GBP/CHF Down During The Asian Session
- Forex – NZD/USD Down During The Asian Session
| Stock Market Hit By Panic Selling – Why Silver And Gold Are Next! Posted: 20 Jan 2011 03:30 AM PST Wednesdayday the stock market bled out with a river of red candles. All of the recent gains vanished in one session. Strong selling volume sessions like this are typically a warning sign that distribution selling is starting to enter the market. Distribution selling is when the big money players start unloading large positions in anticipation of a market top. They do try to hide it by selling into good news or earnings when the average investors are buying into all the hype of better … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| U.K. CBI Industrial Order Expectations Drop Unexpectedly In January Posted: 20 Jan 2011 03:07 AM PST Forex Pros – U.K. industrial order expectations unexpectedly declined in January, industry data showed on Thursday. In a report, the Confederation of British Industry said its index of industrial order expectations dropped to -16.0 in January, compared to reading of -3.0 in December. Analysts had expected the index to post a reading of -1.0 in January. On the index, a reading above 0.0 indicates increasing order volume is expected, below indicates expectations are for lower … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – USD/CHF Dips Lower As Chinese Data Weighs On Sentiment Posted: 20 Jan 2011 02:37 AM PST Forex Pros – The U.S. dollar dipped against the Swiss franc on Thursday, amid concerns that China would step up its monetary tightening policy after official data showing that Chinese growth remained strong in the fourth quarter. USD/CHF hit 0.9528 during European morning trade, the daily low; the pair subsequently consolidated at 0.9544, slipping 0.02%. The pair was likely to find support at 0.9467, the low of January 5 and resistance at 0.9645, Wednesday's high. Earlier in the day, … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – Dollar Mixed Vs. Rivals Amid China Tightening Fears Posted: 20 Jan 2011 02:14 AM PST Forex Pros – The U.S. dollar was mixed against its major counterparts on Thursday, after strong Chinese economic data prompted concerns that Beijing would step up its monetary tightening policy. During European morning trade, the greenback was down against the euro, with EUR/USD rising 0.25% to hit 1.3507. Earlier in the day, official data showed that China’s gross domestic product expanded 9.8% in the fourth quarter from a year earlier, faster than the third quarter’s 9.6% increase. The … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Stock Trading Plan For Thursday (FFIV, CRM, RVBD, NTAP) Posted: 20 Jan 2011 02:09 AM PST We may have finally hit a short term top in this market. It's starting to look like many of these high flying names which have run so far and for so long are finally hitting a wall. The profit taking has started and it is about as aggressive as I can remember. Take a look at F5 Networks (NASDAQ:FFIV). FFIV is down over 30 points in the aftermarket from $138.78 to the $108 level. Luckily our service got everyone in at the $49.04 level so we still have a double and are not in danger … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Swiss ZEW Economic Expectations Decline In January Posted: 20 Jan 2011 02:06 AM PST Forex Pros – Economic sentiment in Switzerland declined in January, data showed on Thursday. In a report, the Centre for European Economic Research (ZEW) said its indicator of economic sentiment fell to -18.4 in January, compared to a reading of -12.5 December. A reading above 0.0 on the indicator indicates optimism, while a score below 0.0 indicates pessimism. However, the indicator for the assessment of the current economic situation rose to 71.1 in January, up from 62.5 in December. … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| European Stocks Mixed On Chinese Data; DAX Down 0.11% Posted: 20 Jan 2011 01:33 AM PST Forex Pros – European stock markets were mixed on Thursday, following the release of Chinese data that prompted speculation the country would further tighten monetary policy, while U.S. futures indexes pointed to a lower open on Wall Street. During European morning trade, the EURO STOXX 50 climbed 0.38%, France's CAC 40 added 0.03%, while Germany’s DAX was down 0.11%. Earlier in the day, official data showed that China's gross domestic product rose more-than-expected in the fourth … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – GBP/USD Trims Losses As Chinese Data Boosts Risk Appetite Posted: 20 Jan 2011 01:11 AM PST Forex Pros – The pound trimmed losses against the U.S. dollar on Thursday, as strong Chinese economic data boosted risk appetite, despite earlier concerns that the data would prompt Beijing to step up its monetary tightening policy. GBP/USD clawed back up from 1.591, the pair's lowest since Tuesday, to hit 1.5971 during European morning trade, slipping 0.15%. The pair was likely to find support at 1.591, the days low and resistance at 1.6058, Tuesday's high and an eight week … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – USD/JPY Eases Off 2-week Low As Risk Aversion Creeps Back Posted: 20 Jan 2011 12:51 AM PST Forex Pros – The U.S. dollar eased off a two week low against the yen on Thursday, after strong Chinese economic data suggesting that China could step up its monetary tightening policy dampened risk appetite. USD/JPY hit 82.25 during European morning trade, the daily high; the pair subsequently consolidated at 82.12, easing up 0.14%. The pair was likely to find support at 81.84, Wednesday's low and resistance at 82.68, Wednesday's high. Earlier in the day, official data showed that … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – NZD/USD Tumbles To 5-day Low After Q4 Inflation Data Posted: 20 Jan 2011 12:12 AM PST Forex Pros – The New Zealand dollar tumbled to a five day low against its U.S. counterpart on Thursday, after fourth-quarter inflation data added to the view that the country's central bank would keep interest rates on hold in the near term. NZD/USD hit 0.7622 during late Asian trade, the pair's lowest since January 13; the pair subsequently consolidated at 0.7638, shedding 0.63%. The pair was likely to find support at 0.7561, the low of January 12 and resistance at 0.7685, the day's … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| German PPI Rises More-than-expected In December Posted: 20 Jan 2011 12:02 AM PST Forex Pros – German producer price inflation rose more-than-expected in December, official data showed on Thursday. In a report, Destatis, Germany’s statistics office said that its producer price index rose by 0.7% in December, after rising 0.2% in October. Analysts had expected the index to rise by 0.5% in December. The report showed that the producer price index rose at an annualized rate of 5.3% in December, after advancing by 4.4% in October. Analysts expected year-on-year PPI to rise … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – AUD/USD Hits Two Day Low On China Tightening Concerns Posted: 19 Jan 2011 11:57 PM PST Forex Pros – The Australian dollar was down against its U.S. counterpart on Thursday, amid concerns that China will need to tighten monetary policy further after official data showed that Chinese growth remained strong, despite measures to curb inflation. AUD/USD hit 0.9926 during late Asian trade, the pair's lowest since Tuesday; the pair subsequently consolidated at 0.9936, tumbling 0.7%. The pair was likely to find support at 0.9896, Tuesday's low and resistance at 1.0076, … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Asia Stocks Plunge Amid China Tightening Concerns; Nikkei Down 1.13% Posted: 19 Jan 2011 11:52 PM PST Forex Pros – Asian stocks posted sharp losses on Thursday, amid speculation that China would introduce further monetary tightening measures, while Japanese lenders were dragged down following disappointing earnings reports from Goldman Sachs. During late Asian trade, Hong Kong’s Hang Seng Index tumbled 1.82%, South Korea’s Kospi Composite shed 0.43%, while Japan's Nikkei 225 Index slumped 1.13%. Earlier in the day, official data showed that China's gross domestic product rose by 9.8% in … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex Trading: Eur/Usd Hourly Glance Posted: 19 Jan 2011 11:37 PM PST Eur/Usd is approaching the 38.2% fibo of move up from 1.3243 to 1.3537. This level coincides with the current session low of 1.3426. A break below may bring the pair down to its 100 hour M/A of 1.3279, where it should run into support. If the pair holds a move back to 1.3460-70 is … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/USD Slips, But May Rebound On China Growth Data Posted: 19 Jan 2011 11:34 PM PST Forex Pros – The euro slipped against the U.S. dollar on Thursday, easing back from a two month high amid profit taking, after weak U.S. housing data dented risk appetite. EUR/USD hit 1.3427 during late Asian trade, the daily low; the pair subsequently consolidated at 1.3431, shedding 0.28%. The pair was likely to find support at 1.3367, Wednesday's low and short-term resistance at 1.3537, Wednesday's high and a two month high. On Wednesday, official data showed that the number of … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Momentum Stock: Acme Packet, Inc. Posted: 19 Jan 2011 11:05 PM PST Acme Packet, Inc. (NASDAQ:APKT) just hit a new all-time high at $62.96. With revenue surging on increased market penetration and a bullish growth projection, this Zacks #1 rank stock introduces a high flyer to momentum.
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| Growth & Income Stock: Featuring CSX From The Growth & Income Portfolio Posted: 19 Jan 2011 11:05 PM PST As the U.S. economy continues to recover and more goods are shipped, railroad companies like CSX Corp (NYSE:CSX) continue to soar.
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| Growth & Income Stock: Waddell & Reed Financial, Inc. Posted: 19 Jan 2011 11:05 PM PST Waddell & Reed Financial, Inc. (NYSE:WDR) recently delivered a 19% earnings surprise driven by solid revenue growth and an increase in assets under management.
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| Aggressive Growth Stock: SYNNEX Corp Posted: 19 Jan 2011 11:05 PM PST SYNNEX Corp (NYSE:SNX) recently topped estimates on solid top and bottom line growth. Analysts are now looking for double-digit growth for the next 2 years.
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| Bear Of The Day: RLI Corporation (RLI) Posted: 19 Jan 2011 11:05 PM PST We are downgrading RLI Corporation (NYSE:RLI) to Underperform based on higher expenses and lackluster performance of the Casualty segment, though third quarter earnings outperformed the Zacks Consensus Estimate. The Casualty segment was under pressure, owing to difficult economic conditions, especially in construction and transportation-related coverages.
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| Bull Of The Day: CB Richard Ellis Group (CBG) Posted: 19 Jan 2011 11:05 PM PST We are changing our long-term recommendation for CB Richard Ellis Group (NYSE:CBG) from Neutral to Outperform as we anticipate it will perform well above the broader market. In the last 30 days, the magnitude of fiscal earnings estimates have increased, driven by hard-to-replicate intellectual capital and technology resources that develop and deliver superior analytical, research and client service tools.
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| Forex – EUR/USD Down During The Asian Session Posted: 19 Jan 2011 10:20 PM PST Forex Pros – The Euro was lower against the U.S. Dollar on Thursday. EUR/USD was trading at 1.3468, down 0.04% at time of writing. The pair was likely to find support at 1.3245, Monday's low, and resistance at 1.3538, Wednesday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.24% to hit 0.8442 and EUR/JPY rising 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – GBP/USD Down During The Asian Session Posted: 19 Jan 2011 09:50 PM PST Forex Pros – The British Pound was lower against the U.S. Dollar on Thursday. GBP/USD was trading at 1.5946, down 0.33% at time of writing. The pair was likely to find support at 1.5836, Monday's low, and resistance at 1.6059, Tuesday's high. Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.22% to hit 0.8440 and GBP/JPY falling 0.18% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/CHF Down During The Asian Session Posted: 19 Jan 2011 09:20 PM PST Forex Pros – The Euro was lower against the Swiss Franc on Thursday. EUR/CHF was trading at 1.2863, down 0.02% at time of writing. The pair was likely to find support at 1.2774, Tuesday's low, and resistance at 1.2996, Wednesday's high. Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.20% to hit 1.3446 and EUR/JPY falling 0.04% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Crude Oil Is Little Changed Ahead Of DOE Report, Gold Holds Support Despite Investor Selling Posted: 19 Jan 2011 08:51 PM PST Commodities – Energy
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| Forex – USD/CHF Up During The Asian Session Posted: 19 Jan 2011 08:50 PM PST Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Thursday. USD/CHF was trading at 0.9563, up 0.16% at time of writing. The pair was likely to find support at 0.9522, Wednesday's low, and resistance at 0.9676, Monday's high. Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.10% to hit 1.3460 and USD/JPY rising 0.11% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/GBP Up During The Asian Session Posted: 19 Jan 2011 08:20 PM PST Forex Pros – The Euro was higher against the British Pound on Thursday. EUR/GBP was trading at 0.8442, up 0.23% at time of writing. The pair was likely to find support at 0.8332, Tuesday's low, and resistance at 0.8453, Wednesday's high. Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.19% to hit 1.3447 and EUR/JPY falling 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 19 Jan 2011 08:05 PM PST The Goldman Sachs Group Inc.'s (NYSE:GS) fourth quarter 2010 earnings per share of $3.79 outpaced the Zacks Consensus Estimate of $3.73. In spite of challenging economic conditions, the company stood to gain from a solid balance sheet and global clients. Goldman's results were nevertheless affected by poor performance in Investment Banking and significantly higher operating expenses.
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| Posted: 19 Jan 2011 08:05 PM PST The Goldman Sachs Group Inc.'s (NYSE:GS) fourth quarter 2010 earnings per share of $3.79 outpaced the Zacks Consensus Estimate of $3.73. In spite of challenging economic conditions, the company stood to gain from a solid balance sheet and global clients. Goldman's results were nevertheless affected by poor performance in Investment Banking and significantly higher operating expenses.
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| Posted: 19 Jan 2011 08:05 PM PST Wells Fargo & Company's (NYSE:WFC) fourth quarter 2010 operating earnings came in at 61 cents per share, almost in line with the Zacks Consensus Estimate of 62 cents and slightly above the prior quarter's 60 cents though significantly higher than the year-ago quarter's earnings of 8 cents per share.
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| Posted: 19 Jan 2011 08:05 PM PST U.S. Bancorp (NYSE:USB) reported fourth quarter 2010 earnings attributable to common shareholders of $974 million or 49 cents per share. However, excluding significant items, earnings came in at 46 cents per share, in line with the Zacks Consensus Estimate.
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| Shale Gas Will Rock The World: October Natural Gas Production Sets Another New All-Time Record Posted: 19 Jan 2011 07:51 PM PST According to data from the EIA, more natural gas produced was produced in October – 2,330,551 million cubic feet – than in any previous month in U.S. history (see chart above). I couldn’t find this reported elsewhere, so I’m claiming this as a “Carpe Diem exclusive”! As John Tierney reported recently in the New York Times: “The really good news is the discovery of vast quantities of natural gas. It's now selling for less than half of what it was five years ago. There's so much … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – USD/JPY Up During The Asian Session Posted: 19 Jan 2011 07:40 PM PST Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Thursday. USD/JPY was trading at 82.17, up 0.20% at time of writing. The pair was likely to find support at 81.85, Wednesday's low, and resistance at 83.01, Monday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.26% to hit 1.3438 and GBP/USD falling 0.44% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| ETF News Update: A Day Of Major Stock Market Misses (GLD, UUP, USO, GS) Posted: 19 Jan 2011 07:13 PM PST It was a day of market misses for ETFs and stocks in world markets as economic and employment reports disappointed and missed the targets set down by the "experts."
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| Forex – USD/CAD Up During The Asian Session Posted: 19 Jan 2011 07:10 PM PST Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Thursday. USD/CAD was trading at 0.9969, up 0.11% at time of writing. The pair was likely to find support at 0.9838, Tuesday's low, and resistance at 0.9976, today's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.27% to hit 1.3436 and GBP/USD falling 0.44% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| An Explanation For Today’s Slide Not Heard Elsewhere Posted: 19 Jan 2011 07:00 PM PST I don’t know about you but I had a truly horrible day today. The jolt my portfolio took made it feel almost like having been rear-ended by a careless driver. I looked for explanations. Some commentators attributed today’s pullback to the poor housing numbers, others to the disappointing earnings reports from Goldman Sachs and Citibank, others point to the valuation of Apple in the wake of Steve Jobs absence and, finally, still others questions the valuation of those booming “cloud computing” … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – AUD/USD Down During The Asian Session Posted: 19 Jan 2011 06:30 PM PST Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Thursday. AUD/USD was trading at 0.9963, down 0.46% at time of writing. The pair was likely to find support at 0.9863, Monday's low, and resistance at 1.0078, Wednesday's high. Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.27% to hit 1.3498 and AUD/JPY falling 0.22% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Guest Post: Will Our Economy Ever Recover From The “Greatest Recovery”? Posted: 19 Jan 2011 06:28 PM PST The following is a guest post by Mr. Mark Provost. Mark is an investor and freelance writer based in Manchester, New Hampshire. In a January 2009 ABC interview with George Stephanopoulos, then President-elect Barack Obama said fixing the economy required shared sacrifice, "Everybody's going to have to give. Everybody's going to have to have some skin in the game. For the past two years, American workers submitted to the President's appeal — taking steep pay … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Serbia Central Bank Tightens Reserve Requirements Posted: 19 Jan 2011 06:27 PM PST The Central Bank of Serbia raised the short-term bank foreign currency reserve requirement to 30% from 25% and maintained the long-term forex reserve rate at 25%. On domestic Dinar denominated assets the Bank has set the mandatory reserves for dinar assets of up to two years at 5% and dropped the reserve requirement for dinar assets with maturities longer than two years. The moves are designed to stem inflationary pressures, and bring inflation (10.3% in December) back into … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/USD Down During The Asian Session Posted: 19 Jan 2011 06:05 PM PST Forex Pros – The Euro was lower against the U.S. Dollar on Thursday. EUR/USD was trading at 1.3445, down 0.21% at time of writing. The pair was likely to find support at 1.3245, Monday's low, and resistance at 1.3538, Wednesday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.14% to hit 0.8434 and EUR/JPY rising 0.03% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Poland Central Bank Raises Rate 25bps To 3.75% Posted: 19 Jan 2011 05:49 PM PST The Monetary Policy Committee of the National Bank of Poland decided to raise interest rates by 25 basis points to 3.75% from the previous 3.50%, and signalled further tightening as inflationary pressures continue to rise in Polnd. Poland’s December CPI inflation figure came in at 3.10%, which is above the Bank’s official inflation target of 2.50%. Poland is seeing higher inflation as a result of relatively strong economic growth and the impact of rising food and … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/JPY Down During The Asian Session Posted: 19 Jan 2011 05:35 PM PST Forex Pros – The Euro was lower against the Japanese Yen on Thursday. EUR/JPY was trading at 110.47, down 0.03% at time of writing. The pair was likely to find support at 109.58, Monday's low, and resistance at 111.16, Tuesday's high. Meanwhile, the Euro was down against the U.S. Dollar and up against the British Pound, with EUR/USD shedding 0.25% to hit 1.3439 and EUR/GBP rising 0.04% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – GBP/JPY Up During The Asian Session Posted: 19 Jan 2011 04:45 PM PST Forex Pros – The British Pound was higher against the Japanese Yen on Thursday. GBP/JPY was trading at 131.21, up 0.01% at time of writing. The pair was likely to find support at 130.84, Wednesday's low, and resistance at 132.51, Tuesday's high. Meanwhile, the British Pound was down against the U.S. Dollar and up against the Euro, with GBP/USD shedding 0.22% to hit 1.5963 and EUR/GBP falling 0.04% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – GBP/CHF Down During The Asian Session Posted: 19 Jan 2011 04:15 PM PST Forex Pros – The British Pound was lower against the Swiss Franc on Thursday. GBP/CHF was trading at 1.5270, down 0.03% at time of writing. The pair was likely to find support at 1.5227, Wednesday's low, and resistance at 1.5428, Tuesday's high. Meanwhile, the British Pound was down against the U.S. Dollar and up against the Euro, with GBP/USD shedding 0.21% to hit 1.5964 and EUR/GBP falling 0.04% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – NZD/USD Down During The Asian Session Posted: 19 Jan 2011 03:10 PM PST Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Wednesday after the release of N.Z. data on CPI. NZD/USD was trading at 0.7654, down 0.44% at time of writing. The pair was likely to find support at 0.7635, Friday's low, and resistance at 0.7788, today's high. Earlier in the day, official data showed that consumer price inflation in New Zealand rose to a seasonally adjusted 2.30% in the last quarter, from 1.10% in the preceding quarter. Analysts had expected CPI … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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