Sunday, February 27, 2011

DailyMarkets.com - Forex – USD/CHF Weekly Outlook: February 28 – March 04

DailyMarkets.com - Forex – USD/CHF Weekly Outlook: February 28 – March 04


Forex – USD/CHF Weekly Outlook: February 28 – March 04

Posted: 27 Feb 2011 03:00 AM PST

Forex Pros – Last week saw the Swiss franc jump to a record high against the U.S. dollar, as crude oil prices surged to a two and a half year high on the back of escalating violence in Libya, sparking concerns over the impact on the global economic recovery.

USD/CHF hit 0.9222 on Friday, the pair's all-time low; the pair subsequently consolidated at 0.9281 by close of trade on Friday, tumbling 1.58% over the week.

The pair is likely to find short term support at 0.9222, Friday's low and … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – Weekly Outlook: February 28 – March 04

Posted: 27 Feb 2011 02:12 AM PST

Forex Pros – Last week saw the yen and the Swiss franc emerge as the top performers against the U.S. dollar, as political unrest in Libya pushed oil prices to a 29-month high and fuelled demand for safe haven investments.

The franc jumped to a record high against the dollar while the yen posted its largest weekly gain of the year so far. Meanwhile, the euro also advanced against the dollar amid expectations that rising inflation will spur the European Central Bank into hiking interest rates … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Las Vegas January Home Sales Highest Since 2007

Posted: 26 Feb 2011 09:00 PM PST

From DQ News, some interesting facts about January homes sales in Las Vegas:

1. A total of 3,669 new and resale houses and condos sold in the Las Vegas metro area last month – the highest for the month of January since 2007, and almost 10% above January last year.

2. The median price paid last month for resale single-family detached houses – the region's largest home-type category – was $125,000, down 3.8% from December and down 7.4% from $135,000 a year earlier. Last month's resale … [visit site to read more] or compare Best Credit Cards and Best CD Rates


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