DailyMarkets.com - EUR/USD Fundamental Analysis For April 18, 2011

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• EUR/USD Fundamental Analysis For April 18, 2011
• EUR/USD Weekly Fundamental Analysis April 18–22, 2011
• NZD/USD Weekly Fundamental Analysis For April 18-22, 2011
• NZD/USD Fundamental Analysis For April 18, 2011
• USD/JPY Fundamental Analysis For April 18, 2011
• USD/JPY Weekly Fundamental Analysis For April 18-22, 2011
• USD/CAD Fundamental Analysis For April 18, 2011
• USD/CAD Weekly Fundamental Analysis For April 18-22, 2011
• USD/CHF Fundamental Analysis For April 18, 2011
• USD/CHF Weekly Fundamental Analysis For April 18 – 22, 2011
• AUD/NZD Fundamental Analysis For April 18, 2011
• AUD/NZD Weekly Fundamental Analysis For April 18-22, 2011
• GBP/USD Fundamental Analysis For April 18, 2011
• GBP/USD Weekly Fundamental Analysis For April 18 – 22, 2011
• AUD/USD Weekly Fundamental Analysis For April 18-22, 2011
• AUD/USD Fundamental Analysis For April 18, 2011
• Natural Gas Fundamental Analysis For April 18, 2011
• Natural Gas Weekly Outlook For April 18-22, 2011
• Crude Oil Fundamental Analysis For April 18, 2011
• Crude Oil Weekly Fundamental Analysis For April 18-22, 2011
• J&J Recalls Topamax
• El Paso Solo In Eagle Ford
• Varian’s Products At The CMEF
• Mpls. Expands Number Of Food-Truck Vendors
• Hot Option Plays: Trend Continues To Be Your Friend
• Initiating Affymetrix At Neutral
• BRE Grows In San Francisco
• Motorola & Huawei Bury Hatchet
• Words Of Wisdom From Elsewhere
• Infosys Matches Estimates
• Stock Market Summary For Friday, April 15, 2011
• Earnings Preview: A Trickle Becomes A Flood
• Charles Schwab Outpaces
• Quicksilver Eyes Midstream Biz
• Neutral On Atmel Coproration
• Closing Bell Market Monitor: GOOG, BAC, INFY
• Forex – EUR/USD Down At The End Of U.S. Session
• McGraw-Hill Educates On-Line
• Graco Acquires ITW’s Finishing Unit
• Higher Opex Pulls Down Google’s Q1
• Washington Federal Falls Short
• Forex – GBP/USD Down At The End Of U.S. Session
• Forex – USD/JPY Down At The End Of U.S. Session
• Forex – USD/JPY Down Toward The End Of U.S. Session
• CONSOL’s Coal Output To Rise
• Alliant To Equip U.S. Allied Forces
• Pall Wins Engine Protection Order
• Monetary Policy Week In Review – 16 April 2011
• Forex – EUR/USD Down Toward The End Of U.S. Session
• U.S. Markets Mixed At Close; Dow Jones Up 0.46%
• Earnings Preview: Citigroup Inc.
• Ford Further Extends F-150 Recall
• StanCorp Guides 1Q 2011
• The Simple But Important Support Line To Watch In Goldman Sachs GS
• Mexico Central Bank Holds Rate At 4.50%
• Forex – GBP/USD Down During The U.S. Session
• JetBlue March Traffic Rises
• Industrial Production Stronger
• Hot Option Plays: Weird Dynamic At Play
• Forex – USD/CAD Down In U.S. Trade
• Producer Price Food Inflation: Crude (High And Volatile) Vs. Consumer Goods (Low And Stable)
• Forex – EUR/USD Down In U.S. Trading Hours
• Food Truck Fiesta At Farragut Square In D.C.
• Mohamed El-Erian Says QE3 Not Likely
• Middle East To Spend $80 Billion On Public Transport

EUR/USD Fundamental Analysis For April 18, 2011 Posted: 15 Apr 2011 04:40 PM PDT By ForexMansion.com   The EUR/USD pair descended last week despite elevated inflation levels in Europe that should have pushed the pair further to the upside. The reason for the decline was Portugal's bailout plan and debt woes across the European continent where Finland is feared of blocking an aid to the third nation in European Union to ask for a bailout.   Furthermore, Moody's Investors Services downgraded Ireland's credit rating by two-levels, while preserving the outlook … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/USD Weekly Fundamental Analysis April 18–22, 2011 Posted: 15 Apr 2011 04:39 PM PDT By ForexMansion.com   The EUR/USD pair descended last week despite elevated inflation levels in Europe that should have pushed the pair further to the upside. The reason for the decline was Portugal's bailout plan and debt woes across the European continent where investors feared that parliament might blocking the aid request from the third nation in European Union to ask for a bailout. Furthermore, Moody's Investors Services downgraded Ireland's credit rating by two-levels, while … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD Weekly Fundamental Analysis For April 18-22, 2011 Posted: 15 Apr 2011 04:39 PM PDT By ForexMansion.com   The New Zealand dollar recorded the highest level in 4 weeks at 0.7956 against its US counterpart, as the Chinese fundamentals supported expectations for higher demand for New Zealand exports which bolstered kiwi. On the other hand, the New Zealand gross domestic product expanded during the quarter of September to December, more than forecasts as the nation’s exports soared along with stronger construction that helped the economy to escape a recession, after the quake … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD Fundamental Analysis For April 18, 2011 Posted: 15 Apr 2011 04:38 PM PDT By ForexMansion.com   The NZD/USD pair has soared, as the Reserve Bank of New Zealand is expected to start raising interest rates next month, after economic growth in New Zealand recorded an expansion exceeding anticipations.   All signs and recent fundamentals confirm that the RBNZ have to raise the rates, whereas production has started to boom during the fourth quarter on manufacturing rebound.   On the other hand, New Zealand's currency strengthened for the third day versus … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Fundamental Analysis For April 18, 2011 Posted: 15 Apr 2011 04:37 PM PDT By ForexMansion.com   Last week the USD/JPY witnessed a significant drop, where areas of 85.50 limited the upside wave for the pair and powered the yen. Comments from U.S. monetary policy makers signaled that the Feds might delay hiking interest rates, which supported the Japanese currency alongside prevailing haven demand on uncertainty.   Fed Chairman Ben S. Bernanke said last week the acceleration of inflation will be temporary, as the increase in commodity prices is expected to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Weekly Fundamental Analysis For April 18-22, 2011 Posted: 15 Apr 2011 04:37 PM PDT By ForexMansion.com   Last week witnessed a significant rise for the Japanese yen against the dollar, as fears returned to financial markets in light of the new earthquakes that hit Japan. On the other hand, the 85.50 level managed to limit gains for the USD/JPY pair and push it down once again.   The new 7.1 quakethat hit Japan caused power outages in Fukushima nuclear reactor, in addition to another 5.8 quake that hit the north of Japan. The quakes increased demand for the Japanese … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Fundamental Analysis For April 18, 2011 Posted: 15 Apr 2011 04:36 PM PDT By ForexMansion.com   The USD/CAD pair rose on Friday, where investors speculated that rising inflationary pressures all around the globe will curb demand for commodities, thus slowing down the Canadian economy, since it depends heavily on exports of commodities, where this allowed the USD/CAD pair to continue its correction to the upside after falling heavily over the past period. We should expect trading over the USD/CAD pair to be calm on Monday, since the markets lack any major … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Weekly Fundamental Analysis For April 18-22, 2011 Posted: 15 Apr 2011 04:35 PM PDT By ForexMansion.com   The USD/CAD pair rose during last week, where investors speculated that rising inflationary pressures all around the globe will curb demand for commodities, as this allowed the USD/CAD pair to undergo a highly needed correction to the upside after falling heavily over the past period. The USD/CAD pair might extend its upside correction over the short term, however, we should expect rising energy prices to continue to push the pair to the downside, while the pair's … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CHF Fundamental Analysis For April 18, 2011 Posted: 15 Apr 2011 04:35 PM PDT By ForexMansion.com   The start of the week for the USD/CHF will be very volatile with the focus on the sentiment and the outlook for monetary policies by central banks and the debt crisis in Europe which is fueling haven demand on swissy.   The focus is on Europe with the lack of data from major economies. The debt crisis remains the dominant fear in Europe and it is stimulating haven demand on swissy. Last week we saw Moody's downgrade Ireland's credit rating by two steps to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CHF Weekly Fundamental Analysis For April 18 – 22, 2011 Posted: 15 Apr 2011 04:34 PM PDT By ForexMansion.com   The USD/CHF continued the southern journey and ended the week with more gains as the uncertainty and volatility dominated the scene. With the prevailing uncertainty swissy remains favored for gains as woes rise once again over the outlook for the global economy amid lingering problems across major financial hubs. In the week ending April 15, 2011 the market was rattled by rising debt woes once again alongside fears of further monetary tightening from China which … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/NZD Fundamental Analysis For April 18, 2011 Posted: 15 Apr 2011 04:33 PM PDT By ForexMansion.com   Last week witnessed a significant drop in the AUD against the New Zealand dollar,where the pair reached its lowest level in 7 weeks. The New Zealand dollar rose against the U.S. dollar to reach the highest levels in 5 months, while the Australian dollar remains stable against greenback.   Some Fed policy makers indicated that rising inflation rate is transitory, which could prevent them from hiking interest rates following ECB. This fact badly affects the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/NZD Weekly Fundamental Analysis For April 18-22, 2011 Posted: 15 Apr 2011 04:32 PM PDT By ForexMansion.com   The AUD/NZD pair witnessed a significant drop during last week, as NZD recorded its highest level in 4 months against the greenback, while the Australian dollar experienced stability versus its American counterpart.   The Reserve Bank of Australia kept interest rates steady for fourth consecutive month at its highest level of 4.75% after sluggish inflation rates, noted that higher currency value supported the economy to contain inflation rates at secure levels … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/USD Fundamental Analysis For April 18, 2011 Posted: 15 Apr 2011 04:31 PM PDT By ForexMansion.com   The start of the week for the GBP/USD will be very volatile with the focus on the sentiment and the outlook for monetary policies by the Feds and the BoE amid the lack of data.   This week the focus will be on the BoE minutes and if the market starts the week with optimism, then investors will focus on rising chances for BoE rate increase utmost by June opposed to the Feds that seem likely to keep their loose monetary policy for an extended period of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/USD Weekly Fundamental Analysis For April 18 – 22, 2011 Posted: 15 Apr 2011 04:31 PM PDT By ForexMansion.com   The GBP/USD fluctuated heavily in the week that passed and now looking ahead to another hectic week as the sentiment remains the main player in the market. Investors are to focus mainly on the BoE Minutes for the last meeting to see the new signals over possible BoE move on rates. Inflation dropped unexpectedly in March to 4.0% yet still remains well above target. Investors were disappointed in April as they did expect a surprise sudden move from the back. Last week … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/USD Weekly Fundamental Analysis For April 18-22, 2011 Posted: 15 Apr 2011 04:30 PM PDT By ForexMansion.com   The Australian economy has grabbed investors’ attention after it recorded a stronger economic boom during the first quarter this year, as flood rebuilding process to accelerate during the second half of the year, fueling economic recovery and the supporting the economy to rebound. The Australian dollar has witnessed a slight drop during the past week after Singapore’s economy reported that the Central bank is to expand the currency gains, as the nation aims to curb … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/USD Fundamental Analysis For April 18, 2011 Posted: 15 Apr 2011 04:29 PM PDT By ForexMansion.com   The Australian dollar dropped against the greenback after the Chinese GDP and Consumer price index, where China’s showed strong economic growth during the first quarter of the year along with higher inflation rates, adding to fear of further monetary tightening which will slow growth in Australia's biggest trading partner.   Chinais largest market for Australian products, so the recent Chinese data has a negative impact on Australian exports, as the world’s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Fundamental Analysis For April 18, 2011 Posted: 15 Apr 2011 04:29 PM PDT By CommoditiesMansion.com   Natural gas prices were stable on Friday after the Energy Information Administration showed that natural gas stockpiles rose below estimates, where the EIA reported showed that natural gas inventories increased by 28 billion cubic feet, compared with the prior drop of 45 billion cubic feet, and below the expected rise of 35 billion cubic feet. Natural gas prices are expected to edge lower next week amid expectations of above than normal temperatures for this … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Weekly Outlook For April 18-22, 2011 Posted: 15 Apr 2011 04:28 PM PDT By CommoditiesMansion.com   Natural gas prices took an upside trend last week after the EIA report for natural gas inventories showed inventories rose below expectations, which put upside pressure on natural gas prices, while speculations of rising demand from the industrial sector throughout this year also supported prices. Next week though we should expect prices to remain under pressure since expectations of warmer than normal weather conditions will put natural gas prices under … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Fundamental Analysis For April 18, 2011 Posted: 15 Apr 2011 04:27 PM PDT By CommoditiesMansion.com   Crude oil prices rose on Friday after China reported growth that topped estimates, while rising consumer confidence in the United States support oil prices to rise above $109 a barrel. Markets lack any fundamental data on Monday from the U.S., accordingly, we should expect calm trading to dominate markets, unless a surprise emerge, especially if the situation in the Middle East and North Africa changes, particularly in Libya, since the political crisis continues … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Weekly Fundamental Analysis For April 18-22, 2011 Posted: 15 Apr 2011 04:27 PM PDT By CommoditiesMansion.com   Crude oil prices declined over the course of last week, where crude oil prices rose at the start of last week to the highest level since September 2008, and continued to fall from that level before recovering some of the losses later in the week, where oil prices were heavily influenced by the movement of the U.S. dollar, in addition to the economic fundamentals that were released all across the world, especially from the United States economy. Data from the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

J&J Recalls Topamax Posted: 15 Apr 2011 03:35 PM PDT Just a few weeks after recalling Tylenol 8 Hour Extended Release Caplets 150 count bottles, Johnson & Johnson (NYSE:JNJ) recently announced yet another product recall. This time round, the company recalled two lots of its epilepsy drug, Topamax. The recalled lots were shipped between Oct 19, 2010 and Dec 28, 2010 in the US and Puerto Rico. The product recall, which was conducted following complaints regarding an uncharacteristic odor, involved 57,000 bottles of Topamax. Product recalls remain … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

El Paso Solo In Eagle Ford Posted: 15 Apr 2011 03:35 PM PDT El Paso Corporation (NYSE:EP) plans to develop its oil and gas shale fields in the Eagle Ford all by itself. The company's decision to drill on its own in the Shale came after an extensive review of proposals from potential partners. The Eagle Ford in Texas is one of the best assets El Paso has in its kitty. The company said these assets are a key to boosting the company's production and reserves going forward. The Eagle Ford shale oil and gas field cuts across south and east Texas and is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Varian’s Products At The CMEF Posted: 15 Apr 2011 03:35 PM PDT Leading integrated radiotherapy systems maker Varian Medical Systems (NYSE:VAR) will feature its new X-ray tubes and PaxScan flat panel image detectors at the China International Medical Equipment Fair (“CMEF”) meet, slated to be held in Shenzhen from April 16 to April 19, 2011. CMEF is the largest exhibition of medical equipment in the Asia-Pacific region. Varian plans to showcase, at the CMEF, a wide range of advanced X-ray tubes designed for radiographic/fluoroscopic imaging, computed axial … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Mpls. Expands Number Of Food-Truck Vendors Posted: 15 Apr 2011 03:21 PM PDT The invasion of the food trucks comes to Minneapolis! Minneapolis-St. Paul Business Journal — “The Minneapolis City Council today approved the expansion of the number of food-truck vendors permitted in the city, while also allowing them to sell outside of downtown. Eleven vendors were allowed last year, and only within downtown. In addition to sidewalks and private lots, the vendors now are allowed to sell food curbside at pre-approved locations, although they must pay appropriate … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: Trend Continues To Be Your Friend Posted: 15 Apr 2011 03:17 PM PDT Cusick’s Corner The market finished in the green today, but not enough to salvage the week which finished down. While this was an orderly pullback, the market appeared overbought so this was somewhat expected. Traders had mixed earnings and headline risks from the EU to contend with, while the data here in the States really quelled any potential fears in the short-term that they would impact the current trend of the market. The VIX finished the day at 15.32, a level that we have not seen since … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Initiating Affymetrix At Neutral Posted: 15 Apr 2011 03:05 PM PDT We initiate our coverage on genetic products maker Affymetrix (NASDAQ:AFFX) with a Neutral recommendation. The company posted respectable results in fourth-quarter fiscal 2010 with earnings beating the Zacks Consensus Estimate while profit surged 42% year over year as lower costs more than offset a decline in sales. California-based Affymetrix is a leading provider of microarray-based products and services to the global research community. Along with Illumina Inc. (NASDAQ:ILMN), it is one of the two … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

BRE Grows In San Francisco Posted: 15 Apr 2011 03:05 PM PDT BRE Properties Inc. (BRE) a real estate investment trust recently acquired land for development in San Francisco's Mission Bay district. The total purchase price is $41.4 million. Construction is expected to start in mid-2012 and until then BRE will undergo some pre-development work at the site. BRE acquired two parcels of land in the Mission Bay district, which will be used for residential purposes and will be developed in two phases. Phase I consists of development of 170 apartment units … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Motorola & Huawei Bury Hatchet Posted: 15 Apr 2011 03:05 PM PDT In a significant move, Motorola Solutions Inc. (MSI) and Huawei Technologies Co. Ltd. have decided to settle a pair of lawsuits over intellectual property rights between them. This is important because the out-of-court settlement between this two entities will clear the long pending sale of wireless infrastructure assets of Motorola to Nokia Siemens Networks (NSN), a 50-50 joint venture between Nokia Corp. (NYSE:NOK) and Siemens AG (NYSE:SI). Motorola is hopeful that this deal will get regulatory … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Words Of Wisdom From Elsewhere Posted: 15 Apr 2011 03:05 PM PDT In a continuing effort to provide words of wisdom from beyond the walls of Zacks, here are a few things that I think people should find to be interesting. The views expressed in the articles are not always shared by either myself or Zacks, but I do find them thought-provoking. Party Like It’s 1937 Randall Forsyth, a Barron's reporter asks if the country is going down the same path that we went down in 1937 where both fiscal and monetary policy were tightened prematurely and ended up greatly … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Infosys Matches Estimates Posted: 15 Apr 2011 03:05 PM PDT Infosys Technologies Limited (NASDAQ:INFY) reported fourth quarter 2011 earnings per ADS from continuing operations of 70 cents, matching the Zacks Consensus Estimate of 70 cents. Earnings increased by 1.3% sequentially and 18.9% year over year, led by growth in all areas and across the customer base. Business Details Total revenue for the quarter was $1,602 million, representing a year-over-year growth of 23.6%. The company saw growth in manufacturing, and also in banking, and financial services in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stock Market Summary For Friday, April 15, 2011 Posted: 15 Apr 2011 02:56 PM PDT Stocks rose today with the major indexes finishing with gains ranging between 0.2% and 0.5%. Investor participation was strong. However, today was an options expiration session. Volume typically picks up during these sessions. Market breadth was decent in today’s session as well. Following the trend we are raising the support/resistance levels on the S&P 500 (see below). We are keeping the support/resistance levels on the DJIA and Nasdaq Composite the same (see below). On the heels of some … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: A Trickle Becomes A Flood Posted: 15 Apr 2011 02:35 PM PDT Earnings Preview 4/15/11 The first quarter earnings season "officially" got underway this week when Alcoa (AA) reported, but it will really pick up steam next week. A total of 355 firms are due to report, including 111 from the S&P 500. The fourth quarter earnings season was a strong one, and by the end of next week we should have a good sense of how the first quarter season will go. Of the 355 firms reporting, 263 or 74.1 are expected to post higher EPS than a year ago. The firms … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Charles Schwab Outpaces Posted: 15 Apr 2011 02:35 PM PDT Charles Schwab Corporation's (NASDAQ:SCHW) first quarter 2011 earnings came in at 20 cents per share, a penny ahead of the Zacks Consensus Estimate of 19 cents. This also compares favorably with the year-ago quarter's earnings of 11 cents.  Charles Schwab's net income for the reported quarter stood at $243 million, up 84% compared with $132 million in the prior-year quarter. However, if one time charges are taken into consideration for the first quarter of 2010, net income for the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Quicksilver Eyes Midstream Biz Posted: 15 Apr 2011 02:35 PM PDT Exploration and production company Quicksilver Resources Inc. (NYSE:KWK) is now venturing into the midstream business to support the development of its Horn River Basin and Canadian assets. Quicksilver Resources has embarked on creating a separate midstream entity that will help grow sales from its 130,000 net acre project in the Horn River Basin of northeast British Columbia as well as position its Canadian assets for development success. This entity will ultimately have its own capital structure … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Neutral On Atmel Coproration Posted: 15 Apr 2011 02:35 PM PDT We recently reiterated our Neutral recommendation on Atmel Corporation (NASDAQ:ATML). Atmel is in the process of transforming itself into a purely microcontroller-based company, which it believes will improve its cost structure and unlock value. The company is focusing on its core Microcontroller business and is halting development in non-core areas with the aim of targeting high-growth and high-margin businesses. Atmel Corporation's top-line growth continues to accelerate, driven by solid growth … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Closing Bell Market Monitor: GOOG, BAC, INFY Posted: 15 Apr 2011 02:30 PM PDT 04/15/11 In-depth coverage of daily money market movements containing technical analysis and detailed forecasts into particular currency pairs; reported directly from the floor of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down At The End Of U.S. Session Posted: 15 Apr 2011 02:10 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Friday.<br/><br/> EUR/USD was trading at 1.4430, down 0.40% at time of writing.<br/><br/> The pair was likely to find support at 1.4366, Thursday&rsquo;s low, and resistance at 1.4520, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.25% to hit 0.8838 and EUR/JPY falling 0.82% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

McGraw-Hill Educates On-Line Posted: 15 Apr 2011 02:05 PM PDT McGraw-Hill Higher Education, a division of The McGraw-Hill Companies Inc. (NYSE:MHP) and Blackboard Inc. (NASDAQ:BBBB), a worldwide leader in enterprise technology and innovative solutions, have joined hands to offer students and faculty a single destination for online courses, content and learning tools. The alliance will use McGraw-Hill’s Connect and Create and Blackboard Learn’s Release 9.1 to form the platform. The platform will significantly improve faculty and students’ workflows through a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Graco Acquires ITW’s Finishing Unit Posted: 15 Apr 2011 02:05 PM PDT Graco Inc. (NYSE:GGG) has entered an agreement to acquire the finishing businesses of Illinois Tool Works Inc. (NYSE:ITW) for $650 million. The finishing unit of Illinois Tool Works manufactures and distributes equipment for industrial liquid finishing, powder coating and automotive refinishing, worldwide. Employing professional management and 900 employees, the finishing businesses generated revenues of $305 million in fiscal 2010. The finishing businesses have operations in the United States, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Higher Opex Pulls Down Google’s Q1 Posted: 15 Apr 2011 02:05 PM PDT Contrary to our expectations, Google Inc's (NASDAQ:GOOG) first-quarter earnings missed the Zacks Consensus Estimate, as its revenue increase was not enough to offset the increase in operating expenses. We estimated lower opex, not anticipating the significant headcount increase during the quarter. Google's earnings came in at $7.04 a share, well below the $7.14 Zacks Consensus Estimate. Shares traded up slightly during the day, but plunged in after-hours trading. Revenue Google reported gross … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Washington Federal Falls Short Posted: 15 Apr 2011 02:05 PM PDT Washington Federal Inc.'s (NASDAQ:WFSL) fiscal second quarter (ended March 31, 2011) earnings came in at 23 cents per share, 2 pennies shy of the Zacks Consensus Estimate. However, results were substantially better than the year-ago quarter's adjusted loss of 11 cents.   The year-ago quarter's number excluded a gain of $85.6 million related to the acquisition of the failed Horizon Bank, and a recovery of $39.0 million related to the settlement of a contingent federal tax liability. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down At The End Of U.S. Session Posted: 15 Apr 2011 02:05 PM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Friday.<br/><br/> GBP/USD was trading at 1.6328, down 0.14% at time of writing.<br/><br/> The pair was likely to find support at 1.6228, Tuesday&rsquo;s low, and resistance at 1.6426, Monday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.25% to hit 0.8838 and GBP/JPY falling 0.56% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down At The End Of U.S. Session Posted: 15 Apr 2011 02:00 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Friday.<br/><br/> USD/JPY was trading at 83.14, down 0.42% at time of writing.<br/><br/> The pair was likely to find support at 82.96, Thursday&rsquo;s low, and resistance at 85.14, Monday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.40% to hit 1.4430 and GBP/USD falling 0.14% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down Toward The End Of U.S. Session Posted: 15 Apr 2011 01:40 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Friday.<br/><br/> USD/JPY was trading at 83.09, down 0.49% at time of writing.<br/><br/> The pair was likely to find support at 82.96, Thursday&rsquo;s low, and resistance at 85.14, Monday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.41% to hit 1.4428 and GBP/USD falling 0.22% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

CONSOL’s Coal Output To Rise Posted: 15 Apr 2011 01:35 PM PDT CONSOL Energy Inc. (NYSE:CNX) came up with an operations update for the first quarter ended March 31, 2011. Encouraged by its performance in the just finished quarter, the company also raised its production forecast for the second quarter and the full-year 2011. Coal miner, CONSOL Energy said production at its Coal Division has reached 17.2 million tons for the quarter, the highest in any quarter since the fourth quarter of 2008. The company said its coal mines performed exceptionally well in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Alliant To Equip U.S. Allied Forces Posted: 15 Apr 2011 01:35 PM PDT Alliant Techsystems Inc. (NYSE:ATK) has received orders for the new medium caliber cannon to equip the U.S. allied forces worldwide, worth $33.5 million. Under the contract, Alliant will produce both 25mm M242 and the 30/40mm Mk44 automatic cannons to supply to its European and Middle East/North Africa (MENA) Region customers. The medium caliber cannons produced by Alliant are the primary gun systems for the Bradley Fighting Vehicle, the Light Armored Vehicle, the Apache Attack Helicopter and the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Pall Wins Engine Protection Order Posted: 15 Apr 2011 01:35 PM PDT Pall Corporation (NYSE:PLL) has been awarded a contract by the United States Army to supply Centrisep engine advanced protection system for 59 Boeing CH-47 Chinook helicopters deployed by the U.S. military. The contract is valued at $14 million with deliveries beginning Dec. 2011 until Nov 2012. The system is designed to save engines from particle erosion by continuously separating dust and sand from inlet air. This is extremely helpful in harsh desert environments, where sand, dust and other … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Monetary Policy Week In Review – 16 April 2011 Posted: 15 Apr 2011 01:32 PM PDT A major feature of the past week was continued emerging market monetary policy tightening, but it wasn’t all conventional interest rate hikes.  Of those that did increase rates were Chile +50bps to 4.50%, and Armenia +25bps to 8.50%.  Those that held rates steady after reviewing policy were: South Korea 3.00%, Indonesia 6.75%, Canada 1.00%, Rwanda 6.00%, Georgia 8.00%, and Mexico 4.50%.  Meanwhile Angola slashed rates 500bps to 20.00%, and Iran’s central bank decreed that Iranian … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down Toward The End Of U.S. Session Posted: 15 Apr 2011 01:25 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Friday.<br/><br/> EUR/USD was trading at 1.4423, down 0.45% at time of writing.<br/><br/> The pair was likely to find support at 1.4366, Thursday&rsquo;s low, and resistance at 1.4520, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.11% to hit 0.8850 and EUR/JPY falling 0.94% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Markets Mixed At Close; Dow Jones Up 0.46% Posted: 15 Apr 2011 01:10 PM PDT Forex Pros – U.S. stocks were mixed after the closing bell on Friday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average rose 0.46%, the S&P 500 index gained 0.39%, while the Nasdaq 100 index declined 0.16%.<br/><br/> Meanwhile, across the Atlantic, European stock markets closed higher. France&rsquo;s CAC 40 was up 0.10%; Germany&rsquo;s DAX gained 0.44%; Britain&rsquo;s FTSE 100 climbed 0.54%; and the EURO STOXX 50 rose … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Citigroup Inc. Posted: 15 Apr 2011 01:05 PM PDT Citigroup Inc. (NYSE:C) is scheduled to report its first quarter 2011 results before the market opens on Monday, April 18. The Zacks Consensus Estimate for the quarter is 9 cents per share, representing a decline of about 34% over the year-ago quarter. For FY2011 and FY2012, the estimate currently stands at 42 cents and 53 cents per share, respectively. Going by the trends, Citi's results could benefit from an improvement in credit metrics and reserve releases. JPMorgan Chase & Company … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Ford Further Extends F-150 Recall Posted: 15 Apr 2011 01:05 PM PDT Ford Motor Co. (NYSE:F) has extended the recall of its best selling pick-up truck, F-150, for the second time by nearly 1.2 million units in the U.S. and Canada due to pressure from the regulators at the National Highway Traffic Safety Administration (NHTSA). A few days back, the automaker extended the recall to 150,000 units from 144,000 units in February. It was related to a glitch with the front air bags that may deploy when not needed due to a short circuit. In 2009, NHTSA opened an … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

StanCorp Guides 1Q 2011 Posted: 15 Apr 2011 01:05 PM PDT StanCorp Financial Group Inc. (NYSE:SFG) expects to deliver net operating income between 75 cents to 77 cents in the first quarter of 2011. The Zacks Consensus Estimate for first-quarter 2011 is 73 cents. The guidance remains short of $1.13 per share earned in the year ago quarter. Including after-tax net capital losses of 3 cents per share, the company expects net income to fall in the range of 72 cents to 74 cents, shy of $1.04 reported in first quarter 2010. StanCorp remains apprehensive of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Simple But Important Support Line To Watch In Goldman Sachs GS Posted: 15 Apr 2011 12:47 PM PDT Goldman Sachs (GS) appears to be in trouble before Congress again – or at least before a Senate panel. What might that mean for the stock?  Or more specifically, what current price level should we be watching as a critical pivot level between buyers and sellers? Good question!  Here is the simple but critical short-term pivot level to watch in GS share prices: Getting right to the point, it's the $155 area which is a prior price pivot level (important) and the 38.2% Fibonacci … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Mexico Central Bank Holds Rate At 4.50% Posted: 15 Apr 2011 12:45 PM PDT The Banco de Mexico maintained its overnight interest rate target unchanged at 4.50%, opting for a ‘wait and see’ approach as inflation showed signs of moderating.  Mexico reported consumer price inflation of 3.04% in March, compared to 4.4% at the end of 2010; and within the Bank’s inflation target of 3% +/- 1%.  The Bank noted “The strong decline in non-core inflation contributed in a very important way to the slowing of general inflation, although it’s foreseeable that part of that … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down During The U.S. Session Posted: 15 Apr 2011 12:45 PM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Friday.<br/><br/> GBP/USD was trading at 1.6294, down 0.35% at time of writing.<br/><br/> The pair was likely to find support at 1.6228, Tuesday&rsquo;s low, and resistance at 1.6426, Monday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.09% to hit 0.8852 and GBP/JPY falling 0.81% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

JetBlue March Traffic Rises Posted: 15 Apr 2011 12:35 PM PDT The discounted U.S. airline JetBlue Airways Corporation (NASDAQ:JBLU) reported a 7.1% year-over-year traffic increase in March 2011. Airline traffic is measured in billions of revenue passenger miles, which implies one mile flown by one passenger. On a year-over-year basis, capacity (or, available seat miles) grew 4.2% and load factor (percentage of seats filled with passengers) rose 230 basis point (bps) to 83.6% from 81.3% in March 2010. JetBlue reported stronger March traffic results compared to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Industrial Production Stronger Posted: 15 Apr 2011 12:35 PM PDT Total Industrial Production rose 0.8% in March, which was well above the expected 0.6% increase. That is a very solid performance. The revisions were a bit of a wash, with the February number being revised up to 0.1% from unchanged, but January revised down from 0.2% to 0.1%. In any case, this is a big-time acceleration from what we saw in the first two months of the year. Relative to a year ago, total Industrial Production is up 5.9%. In normal times, that would be great growth, but for … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: Weird Dynamic At Play Posted: 15 Apr 2011 12:18 PM PDT Cusick’s Corner The market is up, bonds are up, earnings were mixed and the data was in line — the trend is still strong. Bonds and Equities going up at the same time is a weird dynamic, one that traders are watching closely because this breaks from their contradictory nature that they usually move in opposite directions — let’s see if this dynamic continues into the close. Take a look at the Kraft (NYSE:KFT) trade (see Bullish Flow); a strategist is getting some long exposure in this consumer … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Down In U.S. Trade Posted: 15 Apr 2011 12:10 PM PDT Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Friday.<br/><br/> USD/CAD was trading at 0.9606, down 0.04% at time of writing.<br/><br/> The pair was likely to find support at 0.9543, Monday&rsquo;s low, and resistance at 0.9669, Thursday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.39% to hit 1.4432 and GBP/USD falling 0.28% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Producer Price Food Inflation: Crude (High And Volatile) Vs. Consumer Goods (Low And Stable) Posted: 15 Apr 2011 12:02 PM PDT The chart above shows the annual inflation rates for: a) crude foodstuffs and feedstuffs (e.g. wheat, corn, animals for slaughter, peanuts, cottonseed, and soybeans), and b) finished consumer foods (pasta products, processed meats, bakery products, fresh fruits and vegetables, tree nuts, and eggs), based on yesterday’s BLS report on Producer Price Indexes through March.  I featured a similar chart back in February and it got a lot attention and comments, so this is an update. It’s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down In U.S. Trading Hours Posted: 15 Apr 2011 11:45 AM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Friday.<br/><br/> EUR/USD was trading at 1.4437, down 0.35% at time of writing.<br/><br/> The pair was likely to find support at 1.4366, Thursday&rsquo;s low, and resistance at 1.4520, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.09% to hit 0.8852 and EUR/JPY falling 0.79% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Food Truck Fiesta At Farragut Square In D.C. Posted: 15 Apr 2011 11:25 AM PDT There were 11 food trucks today at Farragut Square, including my favorite Sauca (my favorite), as well as DC Slices, Sol Mexican Grill and Austin Grill among others.  The website/blog Food Truck Fiesta has all of the details and daily maps of foot truck locations based on Twitter … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Mohamed El-Erian Says QE3 Not Likely Posted: 14 Apr 2011 11:37 PM PDT The markets will be fine when there are no billions of QE to pump into the market. Dont worry the markets will be back to normal. Yeah Right ! Pimco’s Mohamed ElErian inform us of what he expects from the Federal Reserve Ben Bernanke in the near term. Then go an review Marc Faber comments in the links below. The question is from now on, when ever there is a 30% drop in the markets will be Wall Street bankers scream for more QE to bring back their portfolio profits (unadjusted for US Dollar … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Middle East To Spend $80 Billion On Public Transport Posted: 14 Apr 2011 10:00 PM PDT This week, the International Association of Public Transport (IAPT) World Congress held its 59th annual conference in Dubai. Two thousand delegates from 80 countries around the world attended the four-day event. In between their meetings, delegates took rides on the city’s public transportation, including the longest driverless metro line in the world, completed less than two years ago. Long known as a city dependent on its cars for convenient and comfortable travel, Dubai has been ramping up … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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