Thursday, April 7, 2011

DailyMarkets.com - British Airways Visa Credit Card – Get 100,000 Miles Signing Bonus Here!

DailyMarkets.com - British Airways Visa Credit Card – Get 100,000 Miles Signing Bonus Here!


British Airways Visa Credit Card – Get 100,000 Miles Signing Bonus Here!

Posted: 07 Apr 2011 07:35 AM PDT

For a very limited time, British Airways, together with Chase (NYSE:JPM), are offering an unbeatable offer for new US sign-ups to their British Airways Visa Signature Card. In what could be the most attractive credit card signing bonus this year, they are offering a bonus consisting of… not one, but TWO round-trip economy class air tickets from North America to Europe. To be approved for this Visa (NYSE:V) card, you need good to excellent credit score.

Features of the British Airways Visa … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Canadian Dollar: The Downside Prevails

Posted: 07 Apr 2011 07:19 AM PDT

Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Australian Dollar: Under Pressure

Posted: 07 Apr 2011 07:19 AM PDT

Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Crude Quiet

Posted: 07 Apr 2011 07:19 AM PDT

Today’s Idea
Crude Oil demand fundamentals have been and remain lackluster at best. However, Crude Oil traders tend not to look at the present, but rather the future. The lack of follow-through buying could be attributed to overbought technical conditions and Gold, which is at new highs, stealing a bit of Oil’s thunder. If and when a new breakout might occur remains a mystery. For this reason, some traders may want to consider selling a put option, which is a neutral to bullish strategy. For … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex Trading: USDJPY Showing Some Signs Of Topping?

Posted: 07 Apr 2011 07:16 AM PDT

DISH Network Gets Blockbuster Movie

Posted: 07 Apr 2011 07:06 AM PDT

Yesterday, DISH Network Corp. (NASDAQ:DISH), the second largest satellite-TV operator in the U.S., won the auction for the currently bankrupt movie and video game retailer Blockbuster Inc. DISH Network will pay $320.6 million. However, the company estimated that after adjusting available cash and inventory of Blockbuster, DISH Network needs to pay approximately $228 million. The deal is expected to be closed by mid-2011.
Possible Synergies:
(1) Blockbuster is a strong brand name and has 1,700 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Arch Coal Remains Neutral

Posted: 07 Apr 2011 07:05 AM PDT

We maintain our Neutral outlook on Arch Coal Inc. (NYSE:ACI) due to the ongoing regulatory challenges, reserve degradation and soft steam market conditions in Central Appalachia. These are some of the factors that can pull down the company’s prospects of achieving production growth going forward.
Balancing the risks, the positive catalysts are low-cost operations, which provide the company a competitive edge over smaller players; expansion in the Powder River Basin; opening of a port in the west … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


A Smart Rise To Zumiez March Sales

Posted: 07 Apr 2011 07:05 AM PDT

Zumiez Inc. (NASDAQ:ZUMZ), an action sports retailer in the United States, reported comparable store sales for the five-week period ended April 2, 2011. Total net sales for the period increased 15.1% to $41.2 million compared with $35.8 million reported in the five-week period ended April 3, 2010.
For the reported period, comparable store sales increased 8.9% compared with a rise of 13.2% in the prior-year period. The March results marked the sixteenth consecutive month of comparable store sales … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – USD/CAD Close To Multi-year Low On Risk Appetite, Oil

Posted: 07 Apr 2011 07:01 AM PDT

Forex Pros – The Canadian dollar was trading close to multi-year highs against its U.S. counterpart on Thursday, as higher oil prices and improved risk sentiment continued to lend support to the commodity linked currency.<br /><br />USD/CAD hit 0.9576 during early U.S. trade, the daily low; the pair subsequently consolidated at 0.9578, shedding 0.29%.<br /><br />The pair was likely to find short-term support at 0.9567, Wednesday&rsquo;s low and the pair&rsquo;s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Buying Opportunity On Ayala Land, Inc. (ALI)

Posted: 07 Apr 2011 06:58 AM PDT

"Float like a butterfly, sting like a bee." Just Like what happened in the Thrilla In Manila, Ayala Land, Inc. or 'the ALI' of the Philippine Stock Exchange appears to have found its second wind after faltering for about seven months now.
You see, ALI had been trading on a downward slope since it peaked at PHP 18.70 back on September 9, 2010. It gradually fell and even marked a low of PHP 13.70 this February. Luck, however, turned to its favor when it rebounded from the said low and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Stock Market Summary For Thursday, April 7, 2011 Special Alert TLT, TIP, VXX

Posted: 07 Apr 2011 06:56 AM PDT

We are going to add positions to the watch list in the iShares Barclays 20+ Year Treasury Bond (symbol: TLT) at the current intra-day price of $90.50, the iShares Barclays TIPS Bond (symbol: TIP) at the current intra-day price of $108.56, and the iPath S&P 500 VIX Short-Term Futures ETN (symbol: VXX) at the current intra-day price of $28.14.  Each of these ETFs will will have one position in the watch … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex Trading: EURUSD Corrects To Key Support At 1.4238

Posted: 07 Apr 2011 06:48 AM PDT

The EURUSD  since the ECB rate decision and comments from atch 1.4281 anilling to go down the road. 
The move lower, however, has found support against the 100 hour MA and the 38.2% retracement of the move up from the April 1st low to the high reached yesterday at the 1.4348 level
On the daily chart, (see chart below) the high price from November 2010 came in at the the 1.4281 level. The price is back above that level currently and if it can remain above this level today, the bias … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Newmont Acquires Fronteer Gold

Posted: 07 Apr 2011 06:36 AM PDT

Newmont Mining Corporation (NYSE:NEM) completed the acquisition of Vancouver-based Fronteer Gold Inc. (FRG) for $2.3 billion, further expanding its resource base in North America.
As per the agreement, Newmont agreed to give Fronteer's shareholders $14.13 in cash and one share in the new company Pilot Gold for each share they currently hold. The new company will own some of Fronteer's assets in Nevada, Turkey and Peru. Newmont and Fronteer will own 80.1% and 19.9%, respectively, in Pilot … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Stock Market News Briefs: Broadcom, Citigroup, Cephalon, Cisco Systems, Genpact Limited, Lions Gate Entertainment, Monsanto Company, Netflix, Skyworks Solutions, Valeant Pharmaceuticals International, WD-40 Company

Posted: 07 Apr 2011 06:35 AM PDT

 New York Times reported that Cephalon, Inc. (NASDAQ:CEPH) rejected Valeant Pharmaceuticals’ (NYSE:VRX) unsolicited $5.7 billion takeover bid, citing the offer was too low and opportunistic

 Monsanto Company (NYSE:MON) reported a Q2 EPS of $1.88 beating the Zacks Consensus Estimate of $1.08 per share

 WD-40 Company (NASDAQ:WDFC) reported Q2 EPS of $0.53, lower than the Zacks Consensus Estimate of $0.60 per share. Revenues for the quarter fell 2% year-over-year to $79.2 million, missing the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/JPY Extends Losses After Trichet Remarks

Posted: 07 Apr 2011 06:33 AM PDT

Forex Pros – The euro extended losses against the yen on Thursday, after European Central Bank President Jean-Claude Trichet indicated that the ECB’s interest rate hike was not necessarily the first in a series.<br /><br />EUR/JPY hit 121.12 during European afternoon trade, the daily low; the pair subsequently consolidated at 121.46, tumbling 0.85%.<br /><br />The pair was likely to find short-term support at 120.66, Wednesday&rsquo;s low and resistance at 122.60, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


FX Headlines: ECB Hikes Rates, BoE Keeps Rates On Hold

Posted: 07 Apr 2011 06:31 AM PDT

As expected, the European Central Bank increased their key interest rate to 1.25 percent, while the stumbling British economy has forced the Bank of England to keep their overnight interest rate on hold despite rising inflationary pressures. ECB President Jean-Claude Trichet, although particularly hawkish in the first part of his press conference, noting rising inflationary pressures and a necessity for a continued accommodative stance, has since turned dovish during the question and answer … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Japanese Yen: Caution

Posted: 07 Apr 2011 06:20 AM PDT

Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


British Pound: Under Pressure

Posted: 07 Apr 2011 06:20 AM PDT

Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Swiss Franc: Under Pressure

Posted: 07 Apr 2011 06:19 AM PDT

Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Euro: Capped By A Negative Trend Line

Posted: 07 Apr 2011 06:19 AM PDT

Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


GBP/JPY Consolidates With Upside To 146; Elliott Wave Count

Posted: 07 Apr 2011 06:17 AM PDT

GBP/JPY Targets 138.00, 140.30 if Break above 135.50 is confirmed (4/4)
GBP/JPY

Short to Medium Term- The GBP/JPY continues to show strength, but is consolidating today after the BoE held the benchmark interest rate at 0.5%. Looking at the 1H chart, we see the market consolidation in a possible triangle. If not, it is likely a flat, with support near 138 and resistance near 140. We have a 38.2% retracement support right below 138, but i that is broken, we might slide towards 136.
- For the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Jobless Claims Remain Below 400,000 For 6th Week

Posted: 07 Apr 2011 06:11 AM PDT

The Department of Labor reported today that initial jobless claims fell by 10,000 for the week ending April 2, bringing the four-week moving average down by 5,750 to 389,500 (see chart).  For the first time since July 2008, the four-week average for jobless claims has remained below the benchmark 400,000 level for six consecutive weeks, and provides additional evidence that conditions in the labor market are gradually improving. 

According to Reuters:

“New U.S. claims for … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


What’s Next For ECB And The Euro Following Trichet’s Comments.?

Posted: 07 Apr 2011 06:08 AM PDT

EC B Takes the First Step in its Exit Strategy
The ECB today began its exit from its loose monetary policy by raising interest rates for the first time since 2008, hiking rates by a quarter point (25 basis points) to 1.25%.
We had previewed the different scenarios for the ECB rate decision and a 25 basis point increase was the most likely scenario.
Inflation control is the ECB's sole mandate and this move was in line with anchoring inflation expectations and following through with comments … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


FDA Approves AstraZeneca Drug

Posted: 07 Apr 2011 06:07 AM PDT

AstraZeneca (NYSE:AZN) recently gained US Food and Drug Administration (FDA) approval for its orphan drug vandetanib for the treatment of non-operable (unresectable) locally advanced or metastatic medullary thyroid cancer (MTC).
The approval, however, comes with a boxed warning and a Risk Evaluation and Mitigation Strategy (REMS). The boxed warning relates to QT prolongation, Torsades de pointes, and sudden death.
Vandetanib's approval was based on encouraging phase III data which showed that … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Motorola Still Hopeful For NSN Deal

Posted: 07 Apr 2011 06:07 AM PDT

Motorola Solutions Inc. (MSI) is hopeful that its proposed sell of wireless infrastructure assets to Nokia Siemens Networks (NSN), a 50-50 joint venture between Nokia Corp. (NYSE:NOK) and Siemens AG (NYSE:SI), will be completed by June 2011. However, it did accept the fact that if the Chinese regulatory authority declined to give clearance, the deal is bound to collapse.
In July 2010, NSN entered into an agreement to purchase all of GSM, CDMA, and WCDMA technologies as well as next-generation (4G) … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Sempra Buys Stake In South America

Posted: 07 Apr 2011 06:07 AM PDT

Sempra Pipelines & Storage, a subsidiary of Sempra Energy (NYSE:SRE), has completed its acquisition of AEI’s stake in two jointly owned South American utilities, Chilquinta Energia and Luz del Sur, for $875 million.
Prior to the acquisition, Sempra and AEI each owned 50.0% of Chilquinta Energia in Chile and about 38.0% of Luz del Sur in Peru. Post acquisition, Sempra Pipelines & Storage became the sole owner of Chile’s Chilquinta Energia and owns approximately 76.0% of Luz del Sur in Peru. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Bed Bath & Beyond Beats Estimate

Posted: 07 Apr 2011 06:07 AM PDT

Bed Bath & Beyond Inc. (NASDAQ:BBBY) reported better-than-expected fourth-quarter 2010 results on the heels of double-digit growth in sales and higher margins. Earnings rose 30.2% to $1.12 per share from the year-ago quarter earnings of 86 cents a share, handily surpassing its earnings guidance range of 91 cents to 95 cents per share. Bed Bath & Beyond also outpaced the Zacks Consensus Estimate of 97 cents a share. The company has reported eight consecutive quarters of improving trends.
For … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Before The Bell

Posted: 07 Apr 2011 06:00 AM PDT

04/07/11 The latest in news, commentary, and information on what’s moving the US equities markets prior to the NYSE opening … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


U.S. Stock Futures Point To Higher Open; Dow Futures Add 0.2%

Posted: 07 Apr 2011 05:48 AM PDT

Forex Pros – U.S. stock futures pointed to a higher open on Thursday as market sentiment was boosted by upbeat data on initial jobless claims, while shares of Bed, Bath &amp; Beyond surged ahead of the open after reporting strong earnings. <br /><br />Dow Jones Industrial Average futures pointed a rise of 0.2%, the S&amp;P 500 futures indicated a gain of 0.25%, while Nasdaq 100 futures climbed 0.21%.&nbsp; <br /><br />Earlier in the day, the U.S. Department … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Canadian Building Permits Jump In February

Posted: 07 Apr 2011 05:39 AM PDT

Forex Pros – The number of new building permits issued in Canada jumped significantly more-than-expected in February, official data showed on Thursday.<br /><br />In a report, Statistic Canada said the number of new building permits issued rose by a seasonally adjusted 9.9% in February, after tumbling by -6.6% in January, whose figure was revised from a decline of -5.1%.&nbsp; <br />&nbsp;<br />Analysts expected the number of new building permits issued to rise … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


GS Plans To Buy Entire Aus.-NZ JV

Posted: 07 Apr 2011 05:37 AM PDT

The Goldman Sachs Group Inc.(NYSE:GS) seeks to buy the remaining 55% of its Australian and New Zealand joint venture for strengthening its business control in Australian investment banking market.
In 2003, GS acquired 45% stake in the Australian brokerage company, JBWere Ltd. to form a joint venture for operating its business in Australia and New Zealand. Moreover, some GS and JBWere employees owned remaining 55%.
In August 2010, the name of the joint venture Goldman Sachs JBWere Group Holdings … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


U.S. Initial Jobless Claims Fall More-than-expected

Posted: 07 Apr 2011 05:35 AM PDT

Forex Pros – The number of people who filed for unemployment assistance in the U.S. last week fell slightly more-than-expected, official data showed on Thursday. <br /><br />In a report, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending April 2 fell to a seasonally adjusted 382K, down from 392K in the preceding week, whose figure was revised up from 388K.<br /><br />Analysts had expected initial jobless … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Bank Of England Holds Rates Steady At 0.5%, Pound Softens

Posted: 07 Apr 2011 05:21 AM PDT

The pound eased back slightly as the Bank of England confirmed market expectations by keeping interest rates unchanged.
When the Bank does not change its monetary stance, it does not issue a statement or hold a press conference, which means we have to wait 2 weeks until the BoE Meeting Minutes before finding out the deliberations.
The market had expected the central bank to hold rates steady at their record lows of 0.50%, as the majority of the board members judge providing stimulus to the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


NZD/USD In A Major Breakout To Confirm Bullish Continuation

Posted: 07 Apr 2011 05:18 AM PDT

NZD/USD Completes Gartley; Slingshot Targets 0.80, 0.82 (3/28)
NZD/USD

Medium Term- The Kiwi, or the NZD has been strong since nearing the 61.8% retracement of a rally from 0.66 to 0.80. In the weekly chart below we can also see that we completed an ABC correction, or a Gartley at 61.8% retracement level.
- This was noted in the previous post, and the market has followed through with the outlook so far. It has not reached back to the 0.80 level yet, but the price action so far has been very … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Portugal Asks For Bailout Aid, Trichet Awaited After ECB Hikes Rates To 1.25%

Posted: 07 Apr 2011 05:05 AM PDT

The EUR/USD gave up its loftier gains from yesterday around the 1.4340 area, and declined most of the overnight trading session.
At 7:45AM ET, the European Central Bank raised rates by 25 basis points to 1.25%, and traders awaiting the reasoning behind the move from Trichet at his press conference due at 8:30AM ET.
There is a sharp contrast in Europe today as the ECB embarks on tightening the same day that Portugal succumbs to the pressures of its fiscal position and formally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


AUD/NZD Attempting To Rebound After ABC Correction To 1.3366

Posted: 07 Apr 2011 05:00 AM PDT

AUD/NZD's Correction to End around 1.3395, 1.3365 (4/4)
The Australian Dollar Ahead of the RBA Meeting (4/4 Video)
AUD/NZD

Short-Term- As previously and correctly anticipated, the AUD/NZD started to find support near 1.3395, but extended the correction to near 1.3365.
- From 1.3366, the market is showed a bullish divergence in the 1H chart and followed with a strong rally that broke above a short-term declining channel resistance.
- The RSI also broke above 60 to invalidate the bearish … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – Dollar Mixed After ECB Hikes Rates, Trichet Awaited

Posted: 07 Apr 2011 05:00 AM PDT

Forex Pros – The U.S. dollar was mixed against its major counterparts on Thursday, as investors awaited a press conference by European Central Bank President Jean-Claude Trichet after the bank raised interest rates for the first time since October 2008.<br /><br />During European afternoon trade, the greenback was up against the euro, with EUR/USD shedding 0.40% to hit 1.4272.<br /><br />Earlier in the day, the ECB hiked interest rates, lifting its key lending rate to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Serbian Central Bank Lifts Rate 25bps To 12.50%

Posted: 07 Apr 2011 04:49 AM PDT

The National Bank of Serbia increased its benchmark interest rate by 25 basis points to 12.50% from 12.25% previously in order to control rising inflation pressures. Serbia reported inflation of 12.6% in February this year, compared to its official inflation target of 4.5% +/- 1.5%. The Bank noted that Serbia is still “decisively influenced by unexpectedly high growth in food prices, caused by global … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


European Central Bank Raises Interest Rate To 1.25%

Posted: 07 Apr 2011 04:48 AM PDT

Forex Pros – The European Central Bank raised its benchmark interest rate for the first time since May 2009, it announced on Thursday.<br /><br />The ECB said it lifted the benchmark interest rate to 1.25%, in a widely expected move, up from a historical low of 1%, where it remained unchanged for 22 months. <br /><br />ECB president Jean-Claude Trichet was to comment on the decision at a press conference later in the day.<br /><br />Following the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex Trading: Euro-zone Rate Decision In 15 Minutes…

Posted: 07 Apr 2011 04:29 AM PDT

ECB is expected to raise interest rates 25 basis … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


EUR/USD’s Throwback Should Provide Clues To Direction

Posted: 07 Apr 2011 04:21 AM PDT

The Euro and Sterling Ahead of ECB and BoE Meetings (4/6 Video)
EUR/USD Breaks 1.4280 and Enters Heavy Resistance Zone (4/6)
EUR/USD

Short-Term to Medium Term- Following up with yesterday's updates, the EUR/USD indeed rallied towards a swing projection target of 1.4360, but stopped short at 1.4350.
- There was a bearish divergence in the 1H RSI, and the market resolved it by declining back to the 1.4280 pivot.
- The market is now cracking it, but it remains to be seen if there will be … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – GBP/USD Slips To Intra-day Low After BoE Holds Rate Steady

Posted: 07 Apr 2011 04:20 AM PDT

Forex Pros – The pound slipped against the U.S. dollar on Thursday, after the Bank of England held interest rates at a record low of 0.5%, amid uncertainty over the uneven nature of Britain&rsquo;s economic recovery.<br /><br />GBP/USD hit 1.6304, an intra-day low, after retreating from 1.6333 during European early afternoon trade, sliding 0.17%.<br /><br />Cable was likely to find support at 1.6090, Tuesday&rsquo;s low and resistance at 1.6363, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Bank Of England Maintains Benchmark Interest Rate At 0.50%

Posted: 07 Apr 2011 04:02 AM PDT

Forex Pros – The Bank of England kept its benchmark interest rate unchanged for the 25th consecutive month in April, it announced on Thursday.<br /><br />The bank said it was maintaining the benchmark interest rate at 0.50%, in a widely expected move.<br /><br />The bank also said it was to maintain the stock of asset purchases financed by the issuance of central bank reserves at GBP200 billion in April.<br /><br />The minutes of the meeting of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Will Wall Street Mortgage Settlement Talks Halt Homeowner Abuse?

Posted: 07 Apr 2011 03:57 AM PDT

Call me old fashioned but the idea that those engaged in abusive, and very likely fraudulent, business practices are allowed to negotiate a settlement strikes me as un-American.
That said, the world of unintended consequences in our Uncle Sam and Wall Street dominated economic system brings us just such an un-American approach in terms of addressing our current mortgage mess.
Negotiate? Settlement? Growing up in Boston in a family full of lawyers, I was under the impression that fraud and abuse … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/USD Moves Lower As ECB Rate Decision On Tap

Posted: 07 Apr 2011 03:54 AM PDT

Forex Pros – The euro extended losses against the U.S. dollar on Thursday, sliding to a fresh daily low amid concerns that the European Central Bank could dampen expectations for further monetary tightening this year.<br /><br />EUR/USD hit 1.4266 during European late morning trade, the daily low; the pair subsequently consolidated at 1.4271, shedding 0.40%.<br /><br />The pair was likely to find support at 1.4207, Wednesday&rsquo;s low and resistance at 1.4348, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex News – Eyes On ECB And BoE

Posted: 07 Apr 2011 03:44 AM PDT

By ForexMansion.com
 
Today might be a day to remember. ECB and BoE will be holding their monetary policy meetings. As BoE is expected to keep rates unchanged, ECB might raise their interest rate for the first time since 2008 by 0.25% in an attempt to fight the rising inflation.
Englandis also confronted with high inflation levels, but the economic conditions of the country do not permit the central bank to consider raising rates anytime soon. Yet the attention today might turn to the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – USD/CHF Edges Lower Ahead Of ECB Policy Decision

Posted: 07 Apr 2011 03:34 AM PDT

Forex Pros – The U.S. dollar edged lower against the Swiss franc on Thursday, ahead of an interest rate decision by the European Central Bank, amid expectations that a euro zone rate rise would also give the Swiss National Bank room to tighten policy.<br /><br />USD/CHF hit 0.9160 during European late morning trade, the daily low; the pair subsequently consolidated at 0.9177, easing down 0.12%.<br /><br />The pair was likely to find support at 0.9125, the low of March … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Abcam – The Next Giant Of The Life Sciences?

Posted: 06 Apr 2011 11:29 PM PDT

Abcam (LON:ABC) was founded in a Cambridge research lab in 1998 with the simple idea of making it easier for research scientists to buy antibodies across the web. From those humble beginnings it has become one of the AIM market’s most notable success stories with a share price that has grown eightfold since float to a market capitalisation of almost £700m. Abcam now runs three websites and has grown its catalogue to list 69,000 products, extended operations to the US, China and Japan while … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


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