DailyMarkets.com - Forex – GBP/USD Weekly Outlook: February 21-25

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• Forex – GBP/USD Weekly Outlook: February 21-25
• Mackinac Center Exposes Hypocrisy And Waste
• Forex – NZD/USD Weekly Outlook: February 21-25
• Forex – AUD/USD Weekly Outlook: February 21-25
• Forex – USD/CAD Weekly Outlook: February 21-25
• Forex – USD/JPY Weekly Outlook: February 21-25

Forex – GBP/USD Weekly Outlook: February 21-25 Posted: 20 Feb 2011 06:45 AM PST Forex Pros – Last week saw the pound hit its highest level against the U.S. dollar in two weeks, after data showing that U.K. retail sales rebounded far more than expected in January fuelled speculation of an imminent rate hike by the Bank of England. GBP/USD hit 1.6262 on Friday; the pair's highest since February 3; the pair subsequently consolidated at 1.625 by close of trade, surging 1.64% over the week. Cable is likely to find support at 1.6074, last Thursday's low and short-term … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Mackinac Center Exposes Hypocrisy And Waste Posted: 20 Feb 2011 06:32 AM PST 1. The Mackinac Center for Public Policy discovers that the Michigan Regional Council of Carpenters uses non-union labor to protest a Grand Rapids area businessman. What’s worse, the union has even recruited demonstrators who frequent local homeless shelters, including a shelter which gets help from the very same businessman targeted by the union (see video).  (HT: Newsalert) 2.The University of California at Berkeley, facing a new round of state budget cuts this year, announced in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Weekly Outlook: February 21-25 Posted: 20 Feb 2011 06:11 AM PST Forex Pros – Last week saw New Zealand's dollar climb to a six-day high against its U.S. counterpart on Friday, as sentiment towards the U.S. dollar turned sour amid escalating tensions in the Middle East and following tepid U.S. economic data. NZD/USD hit 0.7654 on Friday, the pair's highest since February 10; the pair subsequently consolidated at 0.7615 by close of trade, rising 0.75% over the week. The pair is likely to find support at 0.7505, last Wednesday's low and resistance at … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Weekly Outlook: February 21-25 Posted: 20 Feb 2011 05:06 AM PST Forex Pros – Last week saw Australia's dollar jump to an eight-day high against its U.S. counterpart on Friday, as commodity prices climbed, supporting demand for growth-linked currencies. AUD/USD hit 1.0157 on Friday, the pair's highest since February 8; the pair subsequently consolidated at 1.0144 by close of trade, gaining 1.6% over the week. The pair is likely to find support at 1.0015, last Thursday's low and resistance at 1.0189, the high of February 8. Iron ore prices reached … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Weekly Outlook: February 21-25 Posted: 20 Feb 2011 04:54 AM PST Forex Pros – The Canadian dollar pared gains against its U.S. counterpart on Friday, easing off its highest level in almost three years, after official data showed that inflation slowed in January, dampening expectations for a rate increase by the Bank of Canada. USD/CAD hit 0.9815 on Thursday, the pair's lowest since March 2008; the pair subsequently consolidated at 0.9865 by close of trade on Friday, shedding 0.28% over the week. The pair is likely to find short-term support at 0.9816, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Weekly Outlook: February 21-25 Posted: 20 Feb 2011 04:21 AM PST Forex Pros – The week ending February 18 saw the U.S. dollar climb to a two-month high against the yen before erasing gains to close lower as increased risk aversion and tepid U.S. economic data fuelled demand for the yen. USD/JPY hit 83.97 on Tuesday, the pair's highest since December 20; the pair subsequently consolidated at 83.16 by close of trade on Friday, shedding 0.37% over the week. The pair is likely to find support at 82.32, the low of February 10 and resistance at 83.97, last … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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