DailyMarkets.com - Except For CFC, Auto Sales Reach 2.5 Year High

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• Except For CFC, Auto Sales Reach 2.5 Year High
• Forex – GBP/JPY Up During The Asian Session
• New Trading Strategy Early Results
• Holiday Shipments Lift UPS’ Quarterly Net Income
• ETF News Update: The Roller Coaster Ride Continues (UUP, DIA, VIX)
• Higher Rates Buoy Korea Electric
• PACCAR Profits More Than Triple
• Forex – NZD/USD Up During The Asian Session
• The Day Ahead: Earnings, ADP Employment Report, Euro-zone PPI
• GE Wins Wind Services Contract
• Pelangio Announces Major Gold Drilling Programs In Ghana For 2011
• Varian Beats On Revenue Growth
• Pelangio Announces Major Gold Drilling Programs In Ghana For 2011
• PLD-AMB Merger: A Colossal UPREIT?
• Pelangio Announces Major Gold Drilling Programs In Ghana For 2011
• Oracle Settles Kickback Suit
• Leap Wireless To Underperform
• Earnings Preview: The Hershey Company
• Hot Option Plays: Money Flows Out Of Bonds Into Equities
• Advertising At Financial Armageddon
• PNC To Branch Out In Florida
• Forex – EUR/USD Up At The End Of U.S. Session
• Forex – USD/JPY Down Toward The End Of U.S. Session
• 3 Stock Picks For Wednesday, February 02
• Closing Bell Market Monitor: ADM, PFE, UPS
• Waddell & Reed Beats On Revenue
• Earnings Preview: Mattel
• Euro Surges As “Grand Bargain” Starts Taking Shape; EFSF Rescue Fund To Buy Bonds?
• Forex – EUR/USD Up Toward The End Of U.S. Session
• U.S. Markets Close Higher; Dow Jones Up 1.25%
• Haemonetics Beats On EPS
• Earnings Preview: Yum!
• Forex – GBP/USD Up During The U.S. Session
• Bemis Misses Ests, Grows Annually
• Emerson Underperforms Estimates
• Hot Option Plays: Frosty The Joe Man
• Forex – USD/CAD Down During The U.S. Session
• Celanese Beats Consensus
• NiSource Lags Estimates
• Forex – EUR/USD Up During The U.S. Session
• “Markets Are Still Fragile”
• Euro Rally Continues On Strong Data

Except For CFC, Auto Sales Reach 2.5 Year High Posted: 01 Feb 2011 05:11 PM PST January vehicle sales were released today, and here are some highlights: 1. On a “seasonally-adjusted annual rate” basis, total U.S. light vehicle sales increased to 12.62 million units in January, which was 0.56% higher than December, and 17.4% higher than January last year (see chart above).  2. Except for the artificial sales stimulus of “cash-for-clunkers” (CFC) in August 2009 when sales topped 14 million (at an annual rate), January vehicle sales reached the highest … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/JPY Up During The Asian Session Posted: 01 Feb 2011 04:48 PM PST Forex Pros – The British Pound was higher against the Japanese Yen on Wednesday. GBP/JPY was trading at 131.43, up 0.07% at time of writing. The pair was likely to find support at 129.82, Friday's low, and resistance at 132.03, Friday's high. Meanwhile, the British Pound was down against the U.S. Dollar and the Euro, with GBP/USD shedding 0.10% to hit 1.6131 and EUR/GBP rising 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

New Trading Strategy Early Results Posted: 01 Feb 2011 04:32 PM PST I’ve spent the past several weeks searching and researching a couple of new trading strategies which use the True Strength Index (TSI) indicator.  I have finally settled on one strategy, with a few tweaks left to figure out, and have another strategy still being worked out. This first chart is of Brigus Gold Corp (BRD) which I bought yesterday for $1.60 using my new strategy.   Click on any chart to ENLARGE Today I was able to sell this position in BRD for $1.64, which was … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Holiday Shipments Lift UPS’ Quarterly Net Income Posted: 01 Feb 2011 04:00 PM PST 02/01/11 Citing strong holiday season shipment figures, UPS announced a 48% jump in its 4Q net … [visit site to read more] or compare Best Credit Cards and Best CD Rates

ETF News Update: The Roller Coaster Ride Continues (UUP, DIA, VIX) Posted: 01 Feb 2011 03:57 PM PST One can only marvel at the velocity and volatility of moves this week in global markets.  As we said on our weekend update, the only sound advice in this environment is "fasten your seatbelts."  Markets soared today on the strength of the January ISM report which jumped to 60.8 from 58.5 prior and so put in the best number in nearly 7 years as U.S. manufacturing activity showed continued strength.  The cloud in the silver lining was the prices paid index which jumped to 81.5 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Higher Rates Buoy Korea Electric Posted: 01 Feb 2011 03:55 PM PST State-run utility behemoth Korea Electric Power Corporation (NYSE:KEP) in the fourth quarter of 2010 recorded net operating profit of KRW98 billion (USD$87.4 million), compared to net operating loss of KRW649 billion (USD$578.6 million) in the fourth quarter of 2009. This was primarily due to an increase in power sales volume impacted by a surge in electricity consumption, tariff hike in August 2010, along with cost-control efforts and stabilized cost of power purchase in November 2010. Average … [visit site to read more] or compare Best Credit Cards and Best CD Rates

PACCAR Profits More Than Triple Posted: 01 Feb 2011 03:55 PM PST PACCAR Inc. (NASDAQ:PCAR) reported a profit of $169.8 million or 46 cents per share in the fourth quarter of 2010, which more than tripled from $46.1 million or 13 cents per share in the same quarter of 2009. The profit was in line with the Zacks Consensus Estimate. Net sales and Financial Services revenues soared 37% to $3.06 billion, which was higher than the Zacks Consensus Estimate of $2.75 billion. The rise in sales and profit was attributable to increased sale of trucks and parts, higher … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Up During The Asian Session Posted: 01 Feb 2011 03:53 PM PST Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Tuesday. NZD/USD was trading at 0.7820, up 0.07% at time of writing. The pair was likely to find support at 0.7672, Thursday's low, and resistance at 0.7824, today's high. Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.09% to hit 1.2926 and EUR/NZD falling 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The Day Ahead: Earnings, ADP Employment Report, Euro-zone PPI Posted: 01 Feb 2011 10:50 AM PST 02/02/11 The stories, data, and stocks that may have the greatest impact during the next trading … [visit site to read more] or compare Best Credit Cards and Best CD Rates

GE Wins Wind Services Contract Posted: 01 Feb 2011 03:35 PM PST General Electric Company (NYSE:GE) has won a 10-year contract with Spanish wind developer Cobra Energia to provide advanced services for 178 GE wind turbines installed at eight wind farms across Spain. These services include solutions for advanced unplanned maintenance, troubleshooting, upgrades and supply of parts. Cobra Energia is a subsidiary of Spanish building company ACS and operates the largest wind farms in Spain. In another development, GE Oil & Gas has bagged a contract worth more … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Pelangio Announces Major Gold Drilling Programs In Ghana For 2011 Posted: 01 Feb 2011 03:35 PM PST Steven Ralston, CFA Pelangio announces major gold drilling programs in Ghana for 2011 Today, Pelangio Exploration (PX.V: TSX-V,  PX: TSX-V and PGXPF) provided the company's exploration plans for its Ghana properties in 2011. The programs are aggressive, encompassing over 25,000 meters of diamond drilling, and should provide significant news flow throughout the year. Management believes that the assay results of prior drilling programs have only hinted at the potential at Manfo, a 100 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Varian Beats On Revenue Growth Posted: 01 Feb 2011 03:05 PM PST Varian Semiconductor Inc. (NASDAQ:VSEA) reported first quarter 2011 earnings per share (EPS) of 95 cents, fairly beating the Zacks Consensus Estimate of 87 cents. The quarter's results were significantly higher than the year-ago quarter and the company's guided range of 84–89 cents, attributable to higher revenues and margins. Moreover, Varian benefited from a reduction in tax rate due to discrete items, including the retroactive benefit of the research and development (R&D) tax … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Pelangio Announces Major Gold Drilling Programs In Ghana For 2011 Posted: 01 Feb 2011 03:05 PM PST Steven Ralston, CFA Pelangio announces major gold drilling programs in Ghana for 2011 Today, Pelangio Exploration (PX.V: TSX-V,  PX: TSX-V and PGXPF) provided the company's exploration plans for its Ghana properties in 2011. The programs are aggressive, encompassing over 25,000 meters of diamond drilling, and should provide significant news flow throughout the year. Management believes that the assay results of prior drilling programs have only hinted at the potential at Manfo, a 100 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

PLD-AMB Merger: A Colossal UPREIT? Posted: 01 Feb 2011 03:05 PM PST Redefining the market dynamics, ProLogis (NYSE:PLD), a leading global provider of distribution facilities, has merged with its rival AMB Property Corp. (NYSE:AMB) in an all-stock deal  to become a behemoth of sorts in the industrial real estate sector. The combined entity would have a pro-forma equity market capitalization of approximately $14 billion and a total market capitalization of over $24 billion. According to the terms of the agreement, each ProLogis share will be converted into 0.4464 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Pelangio Announces Major Gold Drilling Programs In Ghana For 2011 Posted: 01 Feb 2011 03:05 PM PST This article has been unpublished. Walter, need new … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Oracle Settles Kickback Suit Posted: 01 Feb 2011 03:05 PM PST Software giant Oracle Corp. (NASDAQ:ORCL) has agreed to pay $46.0 million to settle a kickback suit against Sun Microsystems. Oracle declined to comment. The suit was filed back in 2004 in the federal court of Arkansas. The lawsuit alleged that Sun improperly paid kickbacks to systems integrator companies, like Accenture PLC (NYSE:ACN), in return for recommendations that federal agencies buy Sun’s products. In 2007, the U.S. government became a party to the suit. In this context it is worth noting that … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Leap Wireless To Underperform Posted: 01 Feb 2011 02:25 PM PST We downgrade our recommendation on Leap Wireless International Inc. (NASDAQ:LEAP) to Underperform. In the last three consecutive quarters, the company suffered a net subscriber loss contrary to the consensus opinion of a net subscriber addition. Important operating metrics such as ARPU, churn rate, customer addition cost deteriorated significantly. Despite Leap Wireless’ announcement of net customer addition in the fourth quarter of 2010, the extent of growth was way below the prior-year level. In … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Preview: The Hershey Company Posted: 01 Feb 2011 02:25 PM PST The Hershey Company (NYSE:HSY) a top producer of confectionery products, is scheduled to report its fourth-quarter and fiscal 2010 financial results on Wednesday, February 2, 2011. The current Zacks Consensus Estimate for the quarter is 61 cents a share and for fiscal 2010 is $2.55. Third-Quarter 2010, a Synopsis Hershey's has posted third-quarter 2010 financial results. The quarterly earnings of 79 cents a share remained in line with the Zacks Consensus Estimate but rose 8.2% from 73 cents … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hot Option Plays: Money Flows Out Of Bonds Into Equities Posted: 01 Feb 2011 02:18 PM PST Cusick's Corner While the City of Chicago hunkers down for the snowstorm of the decade, the bond market is covering up like Rocky when he fought Apollo Creed in Rocky I. This is important for the market, the money that is moving out of bonds needs to work somewhere and US equities continue to be the investment of choice. Small Caps, RUT, are moving today and these higher beta stocks are the gas that this market needed to continue to press higher. Stocks to watch from this group are BRCD, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Advertising At Financial Armageddon Posted: 01 Feb 2011 02:14 PM PST Aside from all of the time, energy, and effort I put into Financial Armageddon (as well as my other blog, When Giants Fall) to keep it interesting and informative, there are also various costs involved. While I am grateful for the financial support I’ve received from visitors since I first started publishing in late 2006, those donations are generally not enough to keep things up-and-running. So, like any red-blooded capitalist, I also include ads from a number of businesses and networks. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

PNC To Branch Out In Florida Posted: 01 Feb 2011 02:06 PM PST PNC Financial Services Group Inc. (NYSE:PNC) is set to expand by acquiring 19 branches from a subsidiary of BankAtlantic Bancorp Inc. (NYSE:BBX). In this regard, both companies have entered into an agreement per which BankAtlantic Bancorp's subsidiary BankAtlantic will sell 19 Tampa Branches to PNC Bank N.A., part of The PNC Financial Services Group Inc. Additionally, 2 related facilities in the Tampa – St. Petersburg area and associated deposits (around $350 million) would also be handed over to … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Up At The End Of U.S. Session Posted: 01 Feb 2011 01:58 PM PST Forex Pros – The Euro was higher against the U.S. Dollar on Tuesday after the release of U.S. data on ISM Manufacturing Index. EUR/USD was trading at 1.3830, up 1.00% at time of writing. The pair was likely to find support at 1.3570, Monday's low, and resistance at 1.3842, today's high. Earlier in the day, industry data showed that The U.S. ISM manufacturing PMI rose more-than-expected to 60.80 last month from 58.50 in the preceding month whose figure was revised up from 57.00. Analysts … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Down Toward The End Of U.S. Session Posted: 01 Feb 2011 01:43 PM PST Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Tuesday after the release of U.S. data on ISM Manufacturing Index. USD/JPY was trading at 81.34, down 0.86% at time of writing. The pair was likely to find support at 81.32, today's low, and resistance at 83.20, Thursday's high. Earlier in the day, industry data showed that The U.S. ISM manufacturing PMI rose more-than-expected to 60.80 last month from 58.50 in the preceding month whose figure was revised up from … [visit site to read more] or compare Best Credit Cards and Best CD Rates

3 Stock Picks For Wednesday, February 02 Posted: 01 Feb 2011 01:40 PM PST     ( click to enlarge ) InterDigital, Inc. (NASDAQ:IDCC) was very strong on today, as the stock closed up $1.84 on 1.3 x the normal daily volume. This is a good move for IDCC, and could be the start of a breakout move. Resistance is $51.03, which was January’s high. I’m watching the stock for the breakout move and expect it to happen soon. Once the stock breaks through, we should see a heavy increase in buying. Technically, the chart looks Bullish, with the 50 dma on top of 200 dma … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Closing Bell Market Monitor: ADM, PFE, UPS Posted: 01 Feb 2011 01:39 PM PST 02/01/11 The latest in news, commentary, and information on what’s moving the US equities markets. Watch this broadcast LIVE at 4:00 pm EST daily @ … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Waddell & Reed Beats On Revenue Posted: 01 Feb 2011 01:35 PM PST Waddell & Reed Financial Inc.'s (NYSE:WDR) fourth quarter 2010 earnings of 54 cents per share were ahead of the Zacks Consensus Estimate of 49 cents. This also compares favorably with earnings of 47 cents in the prior quarter and 39 cents in the prior-year quarter. For full-year 2010, Waddell & Reed reported earnings of $1.83 per share, ahead of the Zacks Consensus Estimate of $1.79. The full year figure also compares favorably with $1.23 reported in the prior year. Better-than-expected … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Preview: Mattel Posted: 01 Feb 2011 01:35 PM PST Mattel Inc. (NYSE:MAT) the world's largest manufacturer of toys is slated to release its fourth-quarter results on Wednesday, February 2, before the opening bell. The current Zacks Consensus Estimate for the fourth quarter is 86 cents per share, representing an annualized growth of 6.26%. The Zacks Consensus Sales estimate for the fourth quarter is $2,074 million. With respect to earnings surprises over the trailing four quarters, Mattelhas oscillated greatly from approximately negative 6.67% to … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Euro Surges As “Grand Bargain” Starts Taking Shape; EFSF Rescue Fund To Buy Bonds? Posted: 01 Feb 2011 01:35 PM PST Euro Surges Above 1.39 on ECB and Inflation, Progress in Rescue Fund Revamp, and Strong Equities all Power "Risk-On" Trading The euro jumped to a two-and-a-half month high against the dollar Tuesday, moving above $1.38 for the first time since November 11th. The euro rose above $1.38 for the first time since Nov. 11. Global equities markets powered forward on the back of strong manufacturing data. Market sentiment has gone into "risk-on" mode and the therefore demand is moving to … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Up Toward The End Of U.S. Session Posted: 01 Feb 2011 01:28 PM PST Forex Pros – The Euro was higher against the U.S. Dollar on Tuesday after the release of U.S. data on ISM Manufacturing Index. EUR/USD was trading at 1.3832, up 1.02% at time of writing. The pair was likely to find support at 1.3570, Monday's low, and resistance at 1.3842, today's high. Earlier in the day, industry data showed that The U.S. ISM manufacturing PMI rose more-than-expected to 60.80 last month from 58.50 in the preceding month whose figure was revised up from 57.00. Analysts … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.S. Markets Close Higher; Dow Jones Up 1.25% Posted: 01 Feb 2011 01:13 PM PST Forex Pros – U.S. stocks were up after the closing bell on Tuesday. At the close of U.S. trade, the Dow Jones Industrial Average rose 1.25%, the S&P 500 index gained 1.67%, while the Nasdaq 100 index climbed 1.89%. Earlier in the day, industry data showed that The U.S. ISM manufacturing PMI rose more-than-expected to 60.80 last month from 58.50 in the preceding month whose figure was revised up from 57.00. Analysts had expected the ISM manufacturing PMI to rise to 58.20 last … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Haemonetics Beats On EPS Posted: 01 Feb 2011 01:06 PM PST Haemonetics Corporation (NYSE:HAE) reported an EPS of 77 cents in the third quarter of fiscal 2011 compared with 71 cents in the year-ago quarter. However, after adjusting for certain one time items, EPS came in at 89 cents, surpassing the Zacks Consensus Estimate of 82 cents and the year-ago quarter's 72 cents. The company reported revenues of $176.8 million in the quarter, up 7% compared with the year-ago period. However, revenues were marginally lower than the Zacks Consensus Estimate of $178 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Preview: Yum! Posted: 01 Feb 2011 12:55 PM PST Quick service restaurant company, Yum! Brands Inc. (NYSE:YUM) is slated to release its fourth-quarter and fiscal 2010 results on February 2, after market close. The current Zacks Consensus Estimate for the fourth quarter is 60 cents on revenue of $3,499.0 million.  For 2010, the Zacks Consensus Estimates of earnings and revenue are $2.50 and $11.3 billion, respectively. Yum! has outperformed the Zacks Consensus Estimate over the trailing four quarters, with earnings surprises varying in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Up During The U.S. Session Posted: 01 Feb 2011 12:48 PM PST Forex Pros – The British Pound was higher against the U.S. Dollar on Tuesday after the release of U.S. data on ISM Manufacturing Index. GBP/USD was trading at 1.6151, up 0.85% at time of writing. The pair was likely to find support at 1.5822, Monday's low, and resistance at 1.6157, today's high. Earlier in the day, industry data showed that The U.S. ISM manufacturing PMI rose more-than-expected to 60.80 last month from 58.50 in the preceding month whose figure was revised up from … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bemis Misses Ests, Grows Annually Posted: 01 Feb 2011 12:35 PM PST Bemis Company Inc. (NYSE:BMS) reported fourth-quarter 2010 adjusted EPS of 49 cents, falling short of the Zacks Consensus Estimate of 59 cents, but in line with management's guidance of 48 to 53 cents per share. On a year-over–year basis, EPS increased 9% to over 45 cents per share in the year-ago period. The improvement was driven by a 38% climb in revenues particularly led by robust performance at the Flexible Packaging segment. The reported quarter's adjusted EPS excluded acquisition … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Emerson Underperforms Estimates Posted: 01 Feb 2011 12:35 PM PST Emerson Electric Company (NYSE:EMR) released its first quarter 2011 earnings results before the opening bell today, reporting earnings per share from continuing operation of 63 cents, below the Zacks Consensus Estimate of 65 cents. Earnings for the quarter were up 15% year over year. Total revenue was $5.5 billion, up 15% year over year. Excluding a 5% benefit from acquisitions and a negative impact of 1% from currency fluctuations, underlying sales growth was 11%. Sales in the USincreased 10% and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hot Option Plays: Frosty The Joe Man Posted: 01 Feb 2011 12:18 PM PST Cusick's Corner This is Frosty the Joe Man reporting on "Snowmageddon 2011" and being the contrarian — I am a seller of firewood. With that said, this may actually be the worst snowstorm in Chicago since '67 & '99 but I digress from a hot market. Right now we are at levels that we have not seen in over 3 years, with the Dow Industrials over 12K, SPX over 1300 and the NDX 2300. The options trade has been geared towards spread trading, some larger trades today include: SPY Feb … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Down During The U.S. Session Posted: 01 Feb 2011 12:08 PM PST Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Tuesday after the release of U.S. data on ISM Manufacturing Index. USD/CAD was trading at 0.9918, down 0.91% at time of writing. The pair was likely to find support at 0.9900, today's low, and resistance at 1.0058, Monday's high. Earlier in the day, industry data showed that The U.S. ISM manufacturing PMI rose more-than-expected to 60.80 last month from 58.50 in the preceding month whose figure was revised up from … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Celanese Beats Consensus Posted: 01 Feb 2011 12:05 PM PST Specialty material company Celanese Corp. (NYSE:CE) reported its adjusted earnings of 73 cents per share in the fourth quarter of 2010, beating the Zacks Consensus Estimate of 68 cents. Diluted earnings per share in the quarter were 64 cents versus $0.00 in the prior year quarter. ??In fiscal 2010, diluted earnings were $2.68 per share versus $3.14 in the prior year. Adjusted earnings were $3.37 per share versus $1.75 per share in the prior year. Revenues and Margins Quarterly revenues grew 8.6% … [visit site to read more] or compare Best Credit Cards and Best CD Rates

NiSource Lags Estimates Posted: 01 Feb 2011 12:05 PM PST Diversified utility, NiSource Inc. (NYSE:NI), posted net operating earnings of 33 cents per share in the fourth quarter of 2010, falling short of the Zacks Consensus Estimate of 34 cents and the year-ago quarter's operating earnings of 36 cents. NiSource’s operating earnings of 2010 were $1.22 per share compared with $1.07 per share reported in 2009. The results were in line with the Zacks Consensus Estimate, provided by 12 covering analysts.  NiSource recorded GAAP earnings for 2010 of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Up During The U.S. Session Posted: 01 Feb 2011 11:18 AM PST Forex Pros – The Euro was higher against the U.S. Dollar on Tuesday. EUR/USD was trading at 1.3820, up 0.93% at time of writing. The pair was likely to find support at 1.3570, Monday's low, and resistance at 1.3836, today's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.16% to hit 0.8564 and EUR/JPY rising 0.13% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

“Markets Are Still Fragile” Posted: 01 Feb 2011 10:23 AM PST 02/01/11 Meridian Equity Partners’ Jonathan Corpina discusses today’s rally and ongoing geopolitical … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Euro Rally Continues On Strong Data Posted: 01 Feb 2011 05:00 AM PST 02/01/11 The euro currency continued its rise this session following strong domestic and global economic … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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