DailyMarkets.com - Why The Democrats Should Never Have Started Paying Ransom To Avoid A Shutdown
DailyMarkets.com - Why The Democrats Should Never Have Started Paying Ransom To Avoid A Shutdown |
- Why The Democrats Should Never Have Started Paying Ransom To Avoid A Shutdown
- Forex – GBP/JPY Up During The Asian Session
- Switching To A Dollar Coin: Seems Like A No-Brainer
- Embarrassing Images
- Ecolab Wraps Up O.R. Solutions Buy
- Pokémon Black And White Released
- Forex – NZD/USD Up In Asian Trade
- Nokia Remains Neutral
- Four Trade Ideas For Tuesday, March 08
- Hot Option Plays: Capital Looking For A Home
- The Day Ahead: Crude Oil Prices, McDonald’s Monthly Sales Data, Earnings: Dick’s Sporting GoodsDick’s Sporting Goods, Boston Beer, Diamond Foods
- Reaffirming Symmetry At Neutral
- ITW Expands Its Car Care Business
- Approval On AIG’s Nan Shan By 1H11
- IBM And KVTSDC To Help Job Seekers
- RenaissanceRe Sells Business
- Harris Wins A Massive Contract
- Incyte Retains Neutral Rec
- Priority Review For CELG Drug
- Closing Bell Market Monitor: MCD, WDC, AMD
- Manufacturing In U.S. Makes More Sense Than In A Generation; China Not Such A Great Deal Any More
- Forex – EUR/USD Down At The End Of U.S. Session
- Forex – USD/JPY Down Toward The End Of U.S. Session
- IDEX Extends Tender Period
- Benihana Sales Up
- EMC Leads In External Disk Storage
- Forex – EUR/USD Down Toward The End Of U.S. Session
- U.S. Markets Close Lower; Dow Jones Down 0.66%
- Heart Stronger As BSX, Atritech Unite (revised)
- American Airlines Announces $1 Billion Private Offering
- Cardica Microcutter Gets CE Mark
- ArcelorMittal Bids For M
- ITMN’s Esbriet Gets Approved In EU
- Ross’ Comps On The Rise
- Forex – GBP/USD Down During The U.S. Session
- Everyday Dumb Ideas In Boston; They Have A Shortage Of Grocers, But Mayor Is Anti-Wal-Mart
- Do Americans Still Love Credit Cards?
- NU-NSTAR Merger Approved
- Forex – USD/CAD Down In U.S. Trade
- Forex Trading: GBPUSD Tests Support Against Trendline Midpoint
- Forex – EUR/USD Down In U.S. Trading Hours
- Forex – AUD/USD Down In U.S. Trade
- Forex – NZD/USD Down During The U.S. Session
- European Markets Close Lower; Dax Down 0.24%
- Forex – EUR/USD Down At The End Of European Session
- Forex – Dollar Broadly Lower Vs. Rivals As Oil, Rate Outlook Weigh
- Forex – GBP/USD Hits 5-day Low As ECB Rate Story Eclipses BoE
| Why The Democrats Should Never Have Started Paying Ransom To Avoid A Shutdown Posted: 07 Mar 2011 04:54 PM PST It's called ransom. That's what Republicans are demanding from the White House and congressional Democrats for not pulling the plug on the government.
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| Forex – GBP/JPY Up During The Asian Session Posted: 07 Mar 2011 04:45 PM PST Forex Pros – The British Pound was higher against the Japanese Yen on Tuesday. GBP/JPY was trading at 133.31, up 0.05% at time of writing. The pair was likely to find support at 132.94, Monday's low, and resistance at 135.21, Friday's high. Meanwhile, the British Pound was down against the U.S. Dollar and up against the Euro, with GBP/USD shedding 0.001% to hit 1.6202 and EUR/GBP falling 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Switching To A Dollar Coin: Seems Like A No-Brainer Posted: 07 Mar 2011 04:44 PM PST G-8 Country Canada France Germany Italy Japan Russia United Kingdom AVERAGE $2.83 $6.76 United States The chart above is based on data from the Dollar Coin Alliance (DCA), a … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 07 Mar 2011 04:37 PM PST
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| Ecolab Wraps Up O.R. Solutions Buy Posted: 07 Mar 2011 03:55 PM PST Leading cleaning and sanitation products company Ecolab Inc (NYSE:ECL) has completed its acquisition of Virginia-based privately-held O.R. Solutions for roughly $260 million in cash. The Minnesota-based company announced the deal in November 2010.
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| Pokémon Black And White Released Posted: 07 Mar 2011 03:55 PM PST 03/07/11 Nintendo expanded the Pokémon universe, with the launch of the Black and White versions of the role playing … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – NZD/USD Up In Asian Trade Posted: 07 Mar 2011 03:50 PM PST Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Monday. NZD/USD was trading at 0.7372, up 0.05% at time of writing. The pair was likely to find support at 0.7339, Friday's low, and resistance at 0.7479, Wednesday's high. Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.01% to hit 1.3729 and EUR/NZD falling 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 07 Mar 2011 03:35 PM PST We maintain our long-term Neutral recommendation on Nokia Corp. (NYSE:NOK). The company's fourth-quarter 2010 financial results easily beats the Zacks Consensus Estimates. However, management provided a tepid financial outlook. We remain cautiously optimistic regarding Nokia's recent decision to adopt Windows 7 software of Microsoft Corp. (NASDAQ:MSFT) as its smartphone operating system.
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| Four Trade Ideas For Tuesday, March 08 Posted: 07 Mar 2011 03:28 PM PST
( click to enlarge ) Starbucks Corporation (NASDAQ:SBUX) broke resistance today, hitting a new 52-week high. Today’s high of $34.79 is resistance for the continuation move. The technical daily chart above shows the momentum indicators have turned up and the RSI is on the rise. For the short term the stock should still continue to go up. A close above $34.79 would have positive implications and could drive the stock much higher. Keep SBUX on your radar…… ( click to enlarge … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Hot Option Plays: Capital Looking For A Home Posted: 07 Mar 2011 03:17 PM PST Cusick's Corner
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| Posted: 07 Mar 2011 03:15 PM PST 03/07/11 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
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| Reaffirming Symmetry At Neutral Posted: 07 Mar 2011 03:10 PM PST We reiterate our Neutral rating on Symmetry Medical (NYSE:SMA), an instrument supplier to orthopedic devices makers. Earnings for the fourth-quarter fiscal 2010 trailed the Zacks Consensus Estimate by a couple of cents while profit skyrocketed seven-fold year over year riding on a solid double-digit growth in revenues.
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| ITW Expands Its Car Care Business Posted: 07 Mar 2011 03:05 PM PST Illinois Tool Works Inc. (NYSE:ITW) recently completed the acquisition of Shell SOPUS Products’ car care business, a leading automotive aftermarket consumer products portfolio, for an undisclosed amount.
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| Approval On AIG’s Nan Shan By 1H11 Posted: 07 Mar 2011 03:05 PM PST American International Group Inc.'s (NYSE:AIG) Nan Shan Life Insurance Co. in Taiwan is expected to receive approval by the first half of this year (1H11). Yesterday, the Financial Supervisory Commission (FSC) of Taiwan announced that it will review the deal and take a decision earliest by the first half.
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| IBM And KVTSDC To Help Job Seekers Posted: 07 Mar 2011 02:35 PM PST International Business Machines Corp (NYSE:IBM) has entered into a partnership with The Karnataka Vocational Training and Skill Development Corporation (KVTSDC), an organization of the Department of Labor in India, to develop a Smarter Employability Platform for employers and job seekers using mobile and cloud computing technologies.
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| Posted: 07 Mar 2011 02:25 PM PST RenaissanceRe Holdings Ltd. (NYSE:RNR) has consummated the sale of its U.S. property and casualty business to an Australian insurer – QBE Holdings, Inc. for about $275 million, which was announced in November, 2010.
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| Harris Wins A Massive Contract Posted: 07 Mar 2011 02:25 PM PST Harris Corp.(NYSE:HRS) is a leading supplier of communications equipment and services, recently won a massive contract worth $289 million from the Government of Alberta, Canada. The total contract size may extend to $370 million in order to prepare the Alberta First Responders Radio Communications System (AFRRCS). The project, once completed, will offer public safety communications within 256,000 square-mile area (661,190 square-kilometer area).
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| Posted: 07 Mar 2011 02:06 PM PST We are maintaining our Neutral recommendation on Incyte Corporation (NASDAQ:INCY) with a target price of $15.00.
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| Posted: 07 Mar 2011 02:05 PM PST Recently, Celgene Corporation (NASDAQ:CELG) announced that the US Food and Drug Administration (FDA) will review the supplemental New Drug Application (sNDA) for cancer drug Istodax (romidepsin) on a priority basis.
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| Closing Bell Market Monitor: MCD, WDC, AMD Posted: 07 Mar 2011 02:00 PM PST 03/07/11 The latest in news, commentary, and information on what’s moving the US equities … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Manufacturing In U.S. Makes More Sense Than In A Generation; China Not Such A Great Deal Any More Posted: 07 Mar 2011 01:57 PM PST Here’s an interesting article titled “Made in America: Small Businesses Buck the Offshoring Trend,” about how some manufacturing is being brought back to the U.S. from China, especially for smaller American firms, because of: a) rising labor costs in China, b) irregular quality, c) shipping costs that have doubled in the last year (see chart above), and d) the lack of safeguards on intellectual property. Here are some key paragraphs from an article that suggests that America’s … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/USD Down At The End Of U.S. Session Posted: 07 Mar 2011 01:55 PM PST Forex Pros – The Euro was lower against the U.S. Dollar on Monday. EUR/USD was trading at 1.3970, down 0.13% at time of writing. The pair was likely to find support at 1.3744, Wednesday's low, and resistance at 1.4036, today's high. Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.28% to hit 0.8622 and EUR/JPY falling 0.20% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – USD/JPY Down Toward The End Of U.S. Session Posted: 07 Mar 2011 01:40 PM PST Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Monday. USD/JPY was trading at 82.24, down 0.09% at time of writing. The pair was likely to find support at 81.58, Wednesday's low, and resistance at 83.05, Friday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.11% to hit 1.3973 and GBP/USD falling 0.41% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 07 Mar 2011 01:35 PM PST IDEX Corporation (NYSE:IEX) announced that it has extended the subsequent tender offer period to acquire the remaining untendered shares of Microfluidics International Corporation (MFLU), through its subsidiary, Nano Merger Sub Inc. The time has been extended by seven days to March 10, 2011 from March 3, 2011.
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| Posted: 07 Mar 2011 01:35 PM PST Benihana Inc.(NASDAQ:BNHN), the leading Asian restaurant chain in the United States, posted restaurant sales of $22.7 million for the four-week period ending February 27, 2011, up 4.6% from $27.9 million in the year-ago period. The increased sales were driven by higher customer visitation despite bad weather conditions.
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| EMC Leads In External Disk Storage Posted: 07 Mar 2011 01:35 PM PST A leading provider of information infrastructure solutions, EMC Corp. (NYSE:EMC) maintained its leading market share position in external disk storage systems for the fourth quarter ended December 31, 2010.
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| Forex – EUR/USD Down Toward The End Of U.S. Session Posted: 07 Mar 2011 01:25 PM PST Forex Pros – The Euro was lower against the U.S. Dollar on Monday. EUR/USD was trading at 1.3971, down 0.12% at time of writing. The pair was likely to find support at 1.3744, Wednesday's low, and resistance at 1.4036, today's high. Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.30% to hit 0.8624 and EUR/JPY falling 0.21% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| U.S. Markets Close Lower; Dow Jones Down 0.66% Posted: 07 Mar 2011 01:10 PM PST Forex Pros – U.S. stocks were down after the closing bell on Monday. At the close of U.S. trade, the Dow Jones Industrial Average fell 0.66%, the S&P 500 index shed 0.83%, while the Nasdaq 100 index declined 1.35%. Meanwhile, across the Atlantic, European stock markets closed lower. France's CAC 40 was down 0.74%; Germany's DAX shed 0.24%; Britain's FTSE 100 declined 0.28%; and the EURO STOXX 50 fell … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Heart Stronger As BSX, Atritech Unite (revised) Posted: 07 Mar 2011 01:06 PM PST Boston Scientific (NYSE:BSX) has strengthened its structural heart portfolio with the acquisition of Minnesota based Atritech. Earlier, in January, the company had decided to acquire privately held Atritech for an upfront payment of $100 million. In addition, milestone payments of up to $275 million may be made on achieving certain regulatory and revenue-based targets through 2015. The transaction will dilute the company's earnings by 1 cent on an adjusted basis for the next two years and be … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| American Airlines Announces $1 Billion Private Offering Posted: 07 Mar 2011 01:00 PM PST 03/07/11 American Airlines announced Monday that it will begin a private offering of $1 billion in senior secured … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Cardica Microcutter Gets CE Mark Posted: 07 Mar 2011 12:55 PM PST Cardica (NASDAQ:CRDC) recently obtained CE Mark certification for its initial Microcutter surgical cutting and stapling device. As part of the multiple step approval process, the company has received a Full Quality Assurance certification for the Microcutter's design as well as manufacturing process.
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| Posted: 07 Mar 2011 12:55 PM PST Steel giant ArcelorMittal (NYSE:MT) is among the six preferred bidders picked to develop Mongolia’s Tavan Tolgoi mine, which could grant access to the world’s biggest untapped coking coal deposit.
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| ITMN’s Esbriet Gets Approved In EU Posted: 07 Mar 2011 12:55 PM PST InterMune Inc. (NASDAQ:ITMN) announced that it received marketing authorization from the European Commission (EC) for its idiopathic pulmonary fibrosis (IPF) drug Esbriet in the European Union (EU), making it the first company to offer an IPF medicine in Europe. The approval of Esbriet in the European Union would give the company a major shot in the arm.
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| Posted: 07 Mar 2011 12:55 PM PST Ross Stores Inc. (NASDAQ:ROST), the second largest off-price retailer of apparels and home accessories, recently marked the 13th consecutive quarter of positive comparable store sales trend, clocking 3.0% for the four weeks ended February 26, 2011. February same-store sales comfortably outpaced the company's forecast for flat to up 1% for the month.
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| Forex – GBP/USD Down During The U.S. Session Posted: 07 Mar 2011 12:45 PM PST Forex Pros – The British Pound was lower against the U.S. Dollar on Monday. GBP/USD was trading at 1.6202, down 0.42% at time of writing. The pair was likely to find support at 1.6183, today's low, and resistance at 1.6344, Wednesday's high. Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.30% to hit 0.8624 and GBP/JPY falling 0.43% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Everyday Dumb Ideas In Boston; They Have A Shortage Of Grocers, But Mayor Is Anti-Wal-Mart Posted: 07 Mar 2011 12:36 PM PST "Wal-Mart does not suit the clientele we have in the city of Boston. I don't need employers like that in our city." Last week, I featured a Boston Herald editorial by Michael Graham about Boston Mayor Tom Menino’s anti-Wal Mart position now that the retailer has “threatened” to bring jobs and low prices to the benefit of struggling families in Beantown. Today’s Boston Globe has a related, front page article titled “Shortage of Grocers Plagues Massachusetts … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Do Americans Still Love Credit Cards? Posted: 07 Mar 2011 12:35 PM PST Learning from the latest economic crisis, regulators have been trying to swap the credit card swiping trend with alternative payment methods and prompting consumers to reduce their credit card debts. Consequently, a declining trend of credit card usage has been witnessed in recent years.
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| Posted: 07 Mar 2011 12:35 PM PST Northeast Utilities (NYSE:NU) and NSTAR (NYSE:NST) said that their shareholders have cast their votes in favor of merging their respective operations. The proposal for merger was put forward in October 2010.
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| Forex – USD/CAD Down In U.S. Trade Posted: 07 Mar 2011 12:05 PM PST Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Monday. USD/CAD was trading at 0.9730, down 0.05% at time of writing. The pair was likely to find support at 0.9700, today's low, and resistance at 0.9776, Wednesday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.14% to hit 1.3968 and GBP/USD falling 0.43% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex Trading: GBPUSD Tests Support Against Trendline Midpoint Posted: 07 Mar 2011 11:45 AM PST The GBPUSD has moved lower and tested the trendline on the daily chart (see chart above). The pair has also taken a run at the 50% of the move up from the Feb 25th low to the high reached on March 2nd at 1.6342. The high today came up just short of that high at 1.6340. The failure to make new highs was enough to lead to the lower move today. The midpoint of the move higher comes in at 1.6186. The low for the day came in at the 1.6181.
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| Forex – EUR/USD Down In U.S. Trading Hours Posted: 07 Mar 2011 11:15 AM PST Forex Pros – The Euro was lower against the U.S. Dollar on Monday. EUR/USD was trading at 1.3960, down 0.20% at time of writing. The pair was likely to find support at 1.3744, Wednesday's low, and resistance at 1.4036, today's high. Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.29% to hit 0.8623 and EUR/JPY falling 0.28% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – AUD/USD Down In U.S. Trade Posted: 07 Mar 2011 10:35 AM PST Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Monday. AUD/USD was trading at 1.0100, down 0.37% at time of writing. The pair was likely to find support at 1.0076, Friday's low, and resistance at 1.0190, Thursday's high. Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.17% to hit 1.3821 and AUD/JPY falling 0.49% 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 U.S. Session Posted: 07 Mar 2011 10:00 AM PST Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Monday. NZD/USD was trading at 0.7363, down 0.29% at time of writing. The pair was likely to find support at 0.7339, Friday's low, and resistance at 0.7479, Wednesday's high. Meanwhile, the New Zealand Dollar was up against the Australian Dollar and down against the Euro, with AUD/NZD shedding 0.08% to hit 1.3718 and EUR/NZD rising 0.15% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| European Markets Close Lower; Dax Down 0.24% Posted: 07 Mar 2011 09:55 AM PST Forex Pros – European stocks were down after the closing bell on Monday. At the close of European trade, Germany's DAX fell 0.24%, London's FTSE 100 shed 0.28%, France's CAC 40 declined 0.74% and the EURO STOXX 50 was down 0.59%. Meanwhile, on Wall Street, equity markets were down after the open. The Dow Jones Industrial Average was down 0.86%; the S&P 500 index shed 1.14%, while the Nasdaq 100 index declined … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/USD Down At The End Of European Session Posted: 07 Mar 2011 09:00 AM PST Forex Pros – The Euro was lower against the U.S. Dollar on Monday. EUR/USD was trading at 1.3975, down 0.09% at time of writing. The pair was likely to find support at 1.3744, Wednesday's low, and resistance at 1.4036, today's high. Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.33% to hit 0.8626 and EUR/JPY falling 0.31% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – Dollar Broadly Lower Vs. Rivals As Oil, Rate Outlook Weigh Posted: 07 Mar 2011 08:14 AM PST Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Monday, as the combination of rising oil prices and the Federal Reserve's loose monetary policy weighed on investor sentiment towards the greenback. During European late afternoon trade, the greenback was lower against the euro, with EUR/USD rising 0.09% to hit 1.4001. Earlier in the day, rating agency Moody’s downgraded Greece’s sovereign rating to B1 from Ba1 and assigned it a negative outlook. But the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – GBP/USD Hits 5-day Low As ECB Rate Story Eclipses BoE Posted: 07 Mar 2011 08:03 AM PST Forex Pros – The pound erased gains against the U.S. dollar on Monday, dropping to a five-day low as speculation that euro zone interest rates may rise before those in the U.K. weighed on the pound. GBP/USD retreated from 1.6341, the pair's highest since Wednesday, to hit 1.6229 during European late afternoon trade, shedding 0.24%. Cable was likely to find support at 1.6070, the low of February 28 and resistance at 1.6343, last Wednesday's high and a 13-month high. On Thursday, ECB … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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