DailyMarkets.com - Forex – EUR/GBP Erases Gains After Unexpected Rise In U.K. Retail Sales

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• Forex – EUR/GBP Erases Gains After Unexpected Rise In U.K. Retail Sales
• Forex – GBP/USD Hits 16-month High After Shock Rise U.K. Retail Sales
• European Stocks Advance On Upbeat Earnings; DAX Up 0.55%
• Apple 2Q FY2011 Result Blows Away Forecasts
• Brazil Central Bank Increases Selic Rate 25bps To 12.00%
• U.K. Retail Sales Rise Unexpectedly In March
• U.K. Public Sector Net Rises Less-than-expected In March
• EUR/JPY Technical Analysis For April 21, 2011
• Forex – Dollar Down Vs. Rivals As Debt Fears, Risk Appetite Weigh
• Forex Trading: GBP Retail Sales Due At 4:30AM
• German Ifo Business Climate Falls More-than-expected
• Forex – Dollar Tumbles To All-time Low Against Swiss Franc
• Forex – Broadly Weaker Dollar Falls To 17-day Low Against Yen
• AUD/NZD Technical Analysis For April 21, 2011
• Crude Oil Technical Analysis For April 21, 2011
• Gold Technical Analysis For April 21, 2011
• EUR/GBP Technical Analysis For April 21, 2011
• Natural Gas Technical Analysis For April 21, 2011
• GBP/JPY Technical Analysis For April 21, 2011
• Forex – NZD/USD Hits 3-year High, Tracking Aussie Higher
• Forex – AUD/USD Hits Fresh 29-year Peak Amid Broad Risk Rally
• Asia Stocks Boosted By U.S. Earnings; Nikkei Up 0.8%
• Forex – Dollar Tumbles To 16-month Low Vs. Euro On Debt Fears
• Crude Oil And Gold Prices Look To US Earnings Calendar To Set Direction
• Australia PPI Rises More-than-expected In Q1
• Momentum Stock: Pier 1 Imports, Inc.
• Aggressive Growth Stock: Numerex Corp
• Growth & Income Stock: SPX Corporation
• Bear Of The Day: Kirkland's, Inc. (KIRK)
• Bull Of The Day: Arrow Electronics Inc. (ARW)
• Forex – EUR/USD Up During The Asian Session
• EUR/USD Fundamental Analysis For April 21, 2011
• Gold Fundamental Analysis For April 21, 2011
• GBP/USD Daily Outlook For April 21, 2011
• USD/CHF Daily Outlook For April 21, 2011
• Forex News – U.S. Earnings Boost Confidence, As Markets Recover Monday’s Losses.
• Natural Gas Fundamental Analysis For April 21, 2011
• USD/CAD Fundamental Analysis For April 21, 2011
• Crude Oil Fundamental Analysis For April 21, 2011
• Forex – GBP/USD Up In Asian Trade
• Forex – EUR/CHF Up In Asian Trading Hours
• EUR/CHF Respects 1.2730 Pivot; 1.3040 Is Key Resistance
• Forex – USD/CHF Down During Asian Trade
• Stock Market Summary For Wednesday, April 20, 2011
• Super Volcano In First Gen Corporation (FGEN)
• Silver Spikes And Corrections
• Forex – EUR/GBP Up During The Asian Session
• Forex – USD/JPY Down During Asian Trade
• Why Are Banks Holding Excess Reserves?
• Forex – USD/CAD Down In Asian Trading Hours
• Singapore Stock Market Update For Thursday 21 April
• Forex – AUD/USD Up During Asian Trade
• Australian PPI Higher Than Expected; AUD Moderately Stronger
• Australian PPI Higher Than Expected; AUD Moderately Stronger
• Tractor Supply Is A Buy
• Forex – EUR/USD Up During The Asian Session
• Forex – EUR/JPY Up During Asian Trade
• Recovery, Redefined
• Forex – GBP/JPY Down During The Asian Session
• Magic Formula Investing Amp; The Little Book That Beats The Markets: Greenblatt’s ROC Amp; Earnings Yield Approach

Forex – EUR/GBP Erases Gains After Unexpected Rise In U.K. Retail Sales Posted: 21 Apr 2011 02:33 AM PDT Forex Pros – The euro erased gains against the pound on Thursday, retreating from a five-day high, following a government report showing that U.K. retail sales rose unexpectedly in March.<br /><br />EUR/GBP retreated from 0.8879, the pair&rsquo;s highest since April 14 to hit 0.8842 during European morning trade, slipping 0.07%.<br /><br />The pair was likely to find support at 0.8778, Wednesday&rsquo;s low and resistance at 0.8881, the high of April 14.<br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Hits 16-month High After Shock Rise U.K. Retail Sales Posted: 21 Apr 2011 02:21 AM PDT Forex Pros – The pound surged to a 16-month high against the U.S. dollar on Thursday, after official data showed that U.K. retail sales rose unexpectedly in March, while public sector borrowing for the fiscal year ending in March came in below the government’s target.<br /><br />GBP/USD hit 1.6564 during European morning trade, the pair&rsquo;s highest since December 4, 2009; the pair subsequently consolidated at 1.6557, jumping 0.89%.<br /><br />Cable was likely … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Stocks Advance On Upbeat Earnings; DAX Up 0.55% Posted: 21 Apr 2011 02:11 AM PDT Forex Pros – European stock markets were up for a third day on Thursday, as strong corporate earnings results boosted sentiment, while U.S. futures indexes pointed to a higher open on Wall Street. <br /><br />During European morning trade, the EURO STOXX 50 climbed 0.45%, France&rsquo;s CAC 40 rose 0.4%, while Germany’s DAX 30 advanced 0.55%.<br /><br />The world&rsquo;s biggest paint maker Akzo Nobel saw shares jump 4.4% after it reported first quarter net … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Apple 2Q FY2011 Result Blows Away Forecasts Posted: 21 Apr 2011 01:58 AM PDT Apple today announced their 2nd quarter financial result for fiscal 2011. Below are some quick numbers : Revenue – $24.67 billion (83% increase y-o-y) Profit – $5.99 billion (95% increase y-o-y) EPS – $6.40 per diluted share Gross margin – 41.4% International sale accounted for 59% Sale of Apple products : Macs – 3.76 mil (28% increase y-o-y) iPods – 9.02 mil (17% decline y-o-y) iPhones – 18.65 mil (A WHOOPING 113% increase y-o-y) iPads – 4.69 mil Apple shares were up 3.5% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Brazil Central Bank Increases Selic Rate 25bps To 12.00% Posted: 21 Apr 2011 01:50 AM PDT The Banco Central Do Brasil announced a 25 basis point increase to the Selic rate, bringing it to 12.00% from 11.75% previously on concerns the Brazlian economy is overheating.  Brazil last reported inflation at 6.44%, above the Bank’s official inflation target of 4.5%.  Bloomberg reported the Bank as saying: “Taking into account the balance of inflation risks, the still uncertain rhythm of the moderation of domestic activity, as well as the complexity of the international … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.K. Retail Sales Rise Unexpectedly In March Posted: 21 Apr 2011 01:38 AM PDT Forex Pros – Retail sales in the United Kingdom rose unexpectedly in March, official data showed on Thursday.<br /><br />In a report, the U.K. Office for National Statistics said retail sales rose by a seasonally adjusted 0.2% in March, after falling by -0.9% in February, whose figure was revised from a decline of -0.8% <br /><br />Analysts had expected retail sales to fall by -0.5% in March.<br /><br />The report showed that year-on-year, retail sales rose … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.K. Public Sector Net Rises Less-than-expected In March Posted: 21 Apr 2011 01:35 AM PDT Forex Pros – ublic sector net borrowing in the U.K. rose less-than-expected in March, official data showed on Thursday.<br /><br />In a report, the U.K. National Statistics Office said that public sector net borrowing, or the difference in value between public spending and income jumped to GBP16.4 billion in March, after rising by GBP7.9 billion in February, whose figure was revised down from GBP10.3 billion.<br /><br />Economists had expected public sector net … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/JPY Technical Analysis For April 21, 2011 Posted: 21 Apr 2011 01:20 AM PDT By ForexMansion.com   The EUR/JPY rose today, showing that the 120 level wants to act as a magnet. We believe that with the central banks below, this pair should continue to rise in value. If we break above the 120 level, look to see if it acts as support. If it does, we will be going long at that point. Originally posted here Read more about forex technical analysis, forex fundamental analysis and forex news on ForexMansion.com About ForexMansion.com: www.ForexMansion.com is a part … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Down Vs. Rivals As Debt Fears, Risk Appetite Weigh Posted: 21 Apr 2011 01:16 AM PDT Forex Pros – The U.S. dollar was down against all of its major counterparts on Thursday, as risk appetite sharpened, spurring increased demand for higher yielding assets, while concerns over U.S. debt weighed.<br /><br />During European morning trade, the greenback was down against the euro, with EUR/USD advancing 0.73% to hit a 16-month high of 1.4626.<br /><br />The greenback was also lower against the pound, with GBP/USD rising 0.58% to hit 1.6504.<br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: GBP Retail Sales Due At 4:30AM Posted: 21 Apr 2011 01:09 AM PDT … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

German Ifo Business Climate Falls More-than-expected Posted: 21 Apr 2011 01:08 AM PDT Forex Pros – German business confidence fell slightly more-than-expected in April, industry data showed on Thursday.<br /><br />In a report, the German research institute, Ifo said its Business Climate Index fell to a seasonally adjusted 110.4 in April, after advancing to 111.1 in March.<br /><br />Analysts had expected the index to decline to 110.5 in April. <br /><br />The Current Assessment Index rose to 116.3 from 115.8, confounding expectations for a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Tumbles To All-time Low Against Swiss Franc Posted: 21 Apr 2011 01:05 AM PDT Forex Pros – The U.S. dollar tumbled to a fresh all-time low against the Swiss franc on Thursday, as concern over U.S. debt, as well as the view that the Federal Reserve will lag other central banks in raising interest rates weighed on the greenback.<br /><br />USD/CHF hit 0.8810 during European morning trade, the pair&rsquo;s all-time low; the pair subsequently consolidated at 0.8823, tumbling 0.65%.<br /><br />The pair was likely to find short-term support at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Broadly Weaker Dollar Falls To 17-day Low Against Yen Posted: 21 Apr 2011 12:47 AM PDT Forex Pros – The U.S. dollar fell to a 17-day low against the yen on Thursday, as a broad based risk rally saw investors abandon the dollar to seek out assets and currencies that pay higher rates of returns.<br /><br />USD/JPY hit 81.88 during early European trade, the pair&rsquo;s lowest since March 29; the pair subsequently consolidated at 82.08, shedding 0.58%.<br /><br />The pair was likely to find support at 81.56, the low of March 29 and resistance at 83.09, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/NZD Technical Analysis For April 21, 2011 Posted: 21 Apr 2011 12:31 AM PDT By ForexMansion.com   The AUD/NZD is finally showing signs of continuing its long-term trend as we have been raising the last couple of days. The 1.32 has proven supportive, and should be thought of as a barrier for the sellers now. Look to buy on pullbacks at the trend seems to be continuing now. Originally posted here Read more about forex technical analysis, forex fundamental analysis and forex news on ForexMansion.com About ForexMansion.com: www.ForexMansion.com is a part of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Technical Analysis For April 21, 2011 Posted: 21 Apr 2011 12:30 AM PDT By CommoditiesMansion.com   The CL continues to march northward as we have confirmed yesterday's large bull move. The market is showing us real underlying strength, just as it as for months. Because of this, buy on pullbacks, as we have found this market to be strong on all levels. With the uncertainty in the Middle East – this market could take off at any moment.   Originally posted here Read more about commodities technical analysis, commodities fundamental analysis and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Technical Analysis For April 21, 2011 Posted: 21 Apr 2011 12:27 AM PDT By CommoditiesMansion.com   Gold defied the suggestion of a pullback today as it continued to climb, even though there was a shooting star printed yesterday. Because of this, it looks even stronger than anticipated. We all know that this market isn't one to sell, but this simply drives the point home. Look to buy on pullbacks. It's worked since 2001. Originally posted here Read more about commodities technical analysis, commodities fundamental analysis and commodities news on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/GBP Technical Analysis For April 21, 2011 Posted: 21 Apr 2011 12:24 AM PDT By ForexMansion.com   The EUR/GBP rose today, showing strong EUR bullishness. We are floating around the 0.88 mark again, as this pair seems overly attracted to it. Because of this, we think that this pair may continue northward, but only after some sideways … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Technical Analysis For April 21, 2011 Posted: 21 Apr 2011 12:22 AM PDT By CommoditiesMansion.com   Natural Gas continued its bullish move today, showing that it wants to rise to $4.50 and retest the recent highs. The market is still looking bullish as it managed gains, even after the strong day yesterday. Until we break below $4, you have to consider this a strong market. Originally posted here Read more about commodities technical analysis, commodities fundamental analysis and commodities news on CommoditiesMansion.com About … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/JPY Technical Analysis For April 21, 2011 Posted: 21 Apr 2011 12:21 AM PDT By ForexMansion.com   The GBP/JPY moved very little today, showing an ambivalence to the market in general. Because of this, we are looking for a large candle to point our way at these levels. Since the JPY has been sold off by central banks recently, we are hoping to see a large green candle. The 135 area has been important in the past, so we should get a signal at this area soon. Originally posted here Read more about forex technical analysis, forex fundamental analysis and forex … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Hits 3-year High, Tracking Aussie Higher Posted: 21 Apr 2011 12:20 AM PDT Forex Pros – The New Zealand dollar hit a three-year high against its U.S. counterpart on Thursday, as concerns over U.S. debt and stronger risk sentiment spurred investors towards higher yielding currencies.<br /><br />NZD/USD hit 0.8038 during late Asian trade, the pair&rsquo;s highest since March 28, 2008; the pair subsequently consolidated at 0.8010, gaining 0.37%.<br /><br />The pair was likely to find support at 0.7879, Wednesday&rsquo;s low and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Hits Fresh 29-year Peak Amid Broad Risk Rally Posted: 21 Apr 2011 12:02 AM PDT Forex Pros – The Australian dollar soared to as fresh 29-year high against its broadly weaker U.S. counterpart on Thursday, as strong risk appetite fuelled increased demand for commodities, underpinning the Australian currency.<br /><br />AUD/USD hit 1.0774 during late Asian trade, the pair&rsquo;s highest level since it was floated in December 1983; the pair subsequently consolidated at 1.0758, rising 0.41%.<br /><br />The pair was likely to find support at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Asia Stocks Boosted By U.S. Earnings; Nikkei Up 0.8% Posted: 20 Apr 2011 11:46 PM PDT Forex Pros – Asian stock markets were broadly higher on Thursday, as market sentiment was boosted by robust corporate earnings from U.S. companies including Apple, while commodity-linked shares gained after metal and oil prices advanced.<br /><br />During late Asian trade, Hong Kong’s Hang Seng Index climbed 0.9%, South Korea’s Kospi Composite jumped 1.3%, while Japan&rsquo;s Nikkei 225 Index gained 0.82%.&nbsp; <br /><br />Consumer electronics giant Apple … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Tumbles To 16-month Low Vs. Euro On Debt Fears Posted: 20 Apr 2011 11:31 PM PDT Forex Pros – The U.S. dollar tumbled to a 16-month low against the euro on Thursday, weighed by concerns over U.S. debt, while continued strong risk sentiment saw higher yielding currencies rally.<br /><br />EUR/USD hit 1.4618 during late Asian trade, the pair&rsquo;s highest since December 15, 2009; the pair subsequently consolidated at 1.4604, gaining 0.57%.<br /><br />The pair was likely to find support at 1.4327, Wednesday&rsquo;s low and resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil And Gold Prices Look To US Earnings Calendar To Set Direction Posted: 20 Apr 2011 11:24 PM PDT Commodities – Energy Oil Looks to Sentiment Trends for Direction, Earnings in Focus WTI Crude Oil (NY Close): $111.45 // +3.30 // +3.05% Prices have taken out resistance at $109.37, the 23.6% Fibonacci retracement of the 3/16-4/11 advance, with the bulls now pushing the WTI contract toward support-turned-resistance at a rising trend line set from the lows in mid-February. This barrier now coincides with the April 11 high at $113.44, with a break above that exposing the $115.00 figure Risk … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Australia PPI Rises More-than-expected In Q1 Posted: 20 Apr 2011 11:19 PM PDT Forex Pros – ucer price inflation in Australia rose more-than-expected in the first quarter, official data showed on Thursday.<br /><br />In a report, the Australian Bureau of Statistics said that PPI rose by a seasonally adjusted 1.2% in the first quarter, after rising by 0.1% in the preceding quarter.<br /><br />Analysts had expected PPI to increase by 1.0% in the first quarter. <br /><br />The report showed that year-on-year PPI rose at an annualized … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Stock: Pier 1 Imports, Inc. Posted: 20 Apr 2011 11:05 PM PDT Pier 1 Imports, Inc. (NYSE:PIR) just jumped into a new multi-year high after reporting strong Q4 results that came in ahead of expectations. With an average earnings surprise of 160% over the last four quarters and a bullish growth projection, this Zacks #1 stock is a solid momentum player. Company Description Pier 1 Imports, Inc. operates as a retailer of furniture and home goods in the United States, Canada and Mexico. The company was founded in 1970 and has a market cap of $1.43 billion. Pier 1 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: Numerex Corp Posted: 20 Apr 2011 11:05 PM PDT Numerex Corp (NASDAQ:NMRX) have been volatile, but given the long-term outlook, the risk could pay off. Estimates are moving higher, pushing shares to a Zacks #1 Rank (Strong Buy) and cash flows are really turning around. Company Description Numerex offers business services, technology and products for machine-to-machine uses. The company serves a variety of industries, from utilities to healthcare, and allows customers to monitor and manage assets remotely. Topped Forecasts On Feb 22 the company … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth & Income Stock: SPX Corporation Posted: 20 Apr 2011 11:05 PM PDT Analysts are projecting big growth for SPX Corporation (NYSE:SPW) over the next two years as the company leverages its “late cycle” growth. If consensus estimates materialize, EPS will grow by 27% in 2011 and 32% in 2012. The company also pays a dividend that yields 1.2%. It is a Zacks #2 Rank (Buy) stock. About SPX SPX Corporation is a multi-industry manufacturer of highly specialized, engineered solutions. It serves three core global markets: infrastructure, process equipment, and diagnostic … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bear Of The Day: Kirkland's, Inc. (KIRK) Posted: 20 Apr 2011 11:05 PM PDT The market for home decor and gifts is highly competitive. Kirkland’s Inc. (NASDAQ:KIRK) primarily competes with specialty stores, department stores, discount stores, and catalog and Internet retailers that carry merchandise in one or more categories that Kirkland s does. Competing retailers include Bed, Bath & Beyond, Pier 1 Imports and Williams-Sonoma. The global economic environment has been challenging for the past fifteen months. Declining real estate value, reduced lending by banks, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: Arrow Electronics Inc. (ARW) Posted: 20 Apr 2011 11:05 PM PDT We expect overall demand and margins to improve at Arrow Electronics (NYSE:ARW) as volumes ramp up. The recent acquisitions should positively impact the margins and bottom line. The addition of Nu Horizons will enhance the company’s design capabilities in the fast-growing Asia-Pacific region, as well as complement Arrow’s leading technology portfolio in the Americas and Europe. Earlier, Arrow Electronics Inc. reported solid results for the fourth quarter, beating the Zacks Consensus Estimate by a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 20 Apr 2011 10:55 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Thursday.<br/><br/> EUR/USD was trading at 1.4612, up 0.62% at time of writing.<br/><br/> The pair was likely to find support at 1.4157, Monday&rsquo;s low, and resistance at 1.4618, today&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.28% to hit 0.8875 and EUR/JPY falling 0.13% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/USD Fundamental Analysis For April 21, 2011 Posted: 20 Apr 2011 10:44 PM PDT By ForexMansion.com   The EUR/USD surged higher on Wednesday as the dollar slumped and the common currency returned to the upside with the ragging return of the risk appetite to the market. The euro surged to a 15-month high versus the dollar above $1.45 with abiding focus on the debt crisis and easing woes of Greek sovereign debt and the need for restructuring. Spain on Wednesday following Greece and found good demand on the auctioned bonds despite the rising yields which eased … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Fundamental Analysis For April 21, 2011 Posted: 20 Apr 2011 10:42 PM PDT By CommoditiesMansion.com   Gold continues the upside rally and surged above the psychological $1,500 barrier to set a new all time high at $1,505.65 per ounce as the weakening dollar triggered gold gains alongside other commodities. The gold's rally alongside currencies, commodities, and equities confirms the cautious sense of optimism in the market as the precious yellow was still demanded as a hedge against uncertainty. The dollar's slump was big support with uncertainty over the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/USD Daily Outlook For April 21, 2011 Posted: 20 Apr 2011 10:42 PM PDT By ForexMansion.com   A parade of UK data will be due at 08:30 which will probably affect the pair’s movement. Public finances deficit is predicted to widen to 14.0 billion pounds in March from the prior 7.0 billion pounds. Also, retail sales with auto fuel are estimated to record 0.5% drop from the prior 0.8% drop. A widened public finance deficit and slight improvement in retail sales may push the pair to the downside, especially if US data released later in the day showed improvement. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CHF Daily Outlook For April 21, 2011 Posted: 20 Apr 2011 10:39 PM PDT By ForexMansion.com   The Swiss economy will release today M3 money supply for the year ending March, yet the news is expected to have slight effect on the pair’s movement that will be more affected by US data. As of 12:30 GMT, the US will release initial claims for April 16 with expectations showing that number of people applying for jobless benefits decreased to 393,000 from 412,000 a weak earlier. Other data from the US, including leading indicators and Philadelphia Fed, are due at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex News – U.S. Earnings Boost Confidence, As Markets Recover Monday’s Losses. Posted: 20 Apr 2011 10:37 PM PDT By ForexMansion.com   Optimism spread in global financial markets on Wednesday after a number of U.S. companies posted better than expected earnings for the first quarter of 2011, where leading companies from different sectors announced strong results, which led the Dow Jones Industrial Average to rise to the highest level since June 2008. Moreover, data from the U.S. housing sector confirmed the improvement witnessed yesterday in the building permits and housing starts, where the existing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Fundamental Analysis For April 21, 2011 Posted: 20 Apr 2011 10:34 PM PDT By CommoditiesMansion.com   Natural gas prices continued to rise on Wednesday, where rising demand from upper Midwest and Northwest due to cold weather conditions in addition to rising power demand in the South, pushed natural gas prices higher, as traders expect demand for heating and power plant fuel to rise. Thursday, 14:30, The EIA will release the weekly natural gas storage change for the week ending April 15, where the prior report showed that natural gas inventories increased by 28 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Fundamental Analysis For April 21, 2011 Posted: 20 Apr 2011 10:33 PM PDT By ForexMansion.com   The USD/CAD pair extended its drop on Wednesday, where a weak U.S. dollar in addition to rising commodities helped the Canadian dollar to rise and push the USD/CAD pair to the downside, where optimism spread through financial markets as U.S. companies announced strong financial results, while existing home sales in the United States rose above expectations. The USD/CAD pair will probably continue to drop over the upcoming period, although we don't exclude to witness … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Fundamental Analysis For April 21, 2011 Posted: 20 Apr 2011 10:32 PM PDT By CommoditiesMansion.com   Crude oil prices rose on Wednesday above $110 a barrel, where rising optimism in financial markets after U.S. companies posted strong earnings encouraged investors to buy high yielding assets, which weighed down on the U.S. dollar, and accordingly, commodities including oil rose on the back of a weak dollar. Moreover, the EIA reported for crude oil inventories in the United States for the week ending April 15, showed that crude oil inventories declined … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Up In Asian Trade Posted: 20 Apr 2011 10:25 PM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Thursday.<br/><br/> GBP/USD was trading at 1.6448, up 0.23% at time of writing.<br/><br/> The pair was likely to find support at 1.6166, Monday&rsquo;s low, and resistance at 1.6450, today&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.29% to hit 0.8876 and GBP/JPY falling 0.22% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/CHF Up In Asian Trading Hours Posted: 20 Apr 2011 09:55 PM PDT Forex Pros – The Euro was higher against the Swiss Franc on Thursday.<br/><br/> EUR/CHF was trading at 1.2942, up 0.34% at time of writing.<br/><br/> The pair was likely to find support at 1.2730, Tuesday&rsquo;s low, and resistance at 1.2973, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and down against the Japanese Yen, with EUR/USD gaining 0.31% to hit 1.4567 and EUR/JPY falling 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/CHF Respects 1.2730 Pivot; 1.3040 Is Key Resistance Posted: 20 Apr 2011 09:53 PM PDT EUR/CHF Short-Term to Medium Term- The EUR/CHF is seen in the daily chart as stuck within a channel between 1.32 and 1.24. The market has declined from the 1.32 resistance in a channel, but the 1.2730 pivot is respected. - A rally since is now testing a channel resistance seen in the 4H chart. The RSI reading the 4H chart is testing 60. A break above suggests a loss of bearish momentum. - A test of the 1.3040 resistance pivot is the near-term projection. In the short-term a break above 1.3040 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Down During Asian Trade Posted: 20 Apr 2011 09:25 PM PDT Forex Pros – The U.S. Dollar was lower against the Swiss Franc on Thursday.<br/><br/> USD/CHF was trading at 0.8880, down 0.03% at time of writing.<br/><br/> The pair was likely to find support at 0.8853, today&rsquo;s low, and resistance at 0.9008, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.32% to hit 1.4568 and USD/JPY falling 0.41% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stock Market Summary For Wednesday, April 20, 2011 Posted: 20 Apr 2011 09:14 PM PDT The stock market buoyant higher today on economic and earnings news that investors interpreted as positive. However, most of the day’s gains occurred at the market open. The DJIA and S&P 500 rose at least 1.4% with the Nasdaq Composite rising 2.1% with strong participation from investors. Market breadth confirmed the strong action as 4.9 stocks rose for every one that declined on the NYSE. New highs outpaced new lows 12 to 1 as well on the NYSE. Based on the action today we are once again … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Super Volcano In First Gen Corporation (FGEN) Posted: 20 Apr 2011 09:06 PM PDT If my chart reading reading is correct, then First Gen Corporation or FGEN in the Philippine Stock Exchange could be poised for a huge upside. FGEN is actually one of the top performers among local equities so far this year with about 11% in YTD return. But its story does not end there as based on its daily chart at least, FGEN could explode like a super volcano. Looking at its price chart over the past 6 years, I noticed that it was bottoming into a huge cup and handle pattern with a neckline … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Silver Spikes And Corrections Posted: 20 Apr 2011 09:05 PM PDT Silver continues its powerful and relentless move higher.  From August 2010 until now this is the biggest rally during this silver bull market that started early last decade.  Silver has also been the star performer of the financial world over the past year as you can see on the graph below. How does this current silver spike compare to the past?  The next chart shows the major moves higher in silver during this bull market in 2004, 2006, 2008, 2009, and the current rally. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Up During The Asian Session Posted: 20 Apr 2011 09:00 PM PDT Forex Pros – The Euro was higher against the British Pound on Thursday.<br/><br/> EUR/GBP was trading at 0.8861, up 0.12% at time of writing.<br/><br/> The pair was likely to find support at 0.8742, Monday&rsquo;s low, and resistance at 0.8877, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and down against the Japanese Yen, with EUR/USD gaining 0.29% to hit 1.4564 and EUR/JPY falling 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down During Asian Trade Posted: 20 Apr 2011 08:35 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Thursday.<br/><br/> USD/JPY was trading at 82.24, down 0.39% at time of writing.<br/><br/> The pair was likely to find support at 82.17, today&rsquo;s low, and resistance at 83.26, Monday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.34% to hit 1.4571 and GBP/USD rising 0.17% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Why Are Banks Holding Excess Reserves? Posted: 20 Apr 2011 08:16 PM PDT The chart above shows how the monetary expansions knows as QE1 and QE2 have expanded the monetary base (blue line) in about the same proportion as the increase in the excess reserves that banks are holding (red line, data here). Why are banks holding so many excess reserves, and does that help explain why the monetary expansions have not translated into higher inflation? Here’s one explanation from the conclusion of a NY Fed research paper titled “Why Are Banks Holding So Many Excess … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Down In Asian Trading Hours Posted: 20 Apr 2011 08:10 PM PDT Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Thursday.<br/><br/> USD/CAD was trading at 0.9487, down 0.41% at time of writing.<br/><br/> The pair was likely to find support at 0.9476, today&rsquo;s low, and resistance at 0.9722, Monday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.31% to hit 1.4567 and GBP/USD rising 0.16% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Singapore Stock Market Update For Thursday 21 April Posted: 20 Apr 2011 07:36 PM PDT We have a short trading week, so people enjoy the long holidays!! Happy Good Friday! US market finished strong yesterday as strong earnings from the technology sector and a bigger-than-expected rise in existing-home sales. For more informations, please visit www.marketwatch.com Short term trading F&N enter 6.34 SL 6.15 Medium term positions Sembcorp enter 5.23 SL 4.73 (trail at 4.89) Kepcorp enter 12.56 SL 11.24 (trail at 11.94) Stocks to lookout Straits asia This stock gapped up … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Up During Asian Trade Posted: 20 Apr 2011 07:30 PM PDT Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Thursday.<br/><br/> AUD/USD was trading at 1.0764, up 0.46% at time of writing.<br/><br/> The pair was likely to find support at 1.0443, Tuesday&rsquo;s low, and resistance at 1.0772, today&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.10% to hit 1.3542 and AUD/JPY rising 0.03% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Australian PPI Higher Than Expected; AUD Moderately Stronger Posted: 20 Apr 2011 07:19 PM PDT Higher Australian Producer Price Index for the first quarter helped buoy the Australian dollar higher against most currency pairs, including the US dollar. Better than expected data indicated growing producer prices, further adding investor expectations of a RBA Target Cash Rate increase. The following is a digest of Australian data released earlier today, including higher foreign exchange transactions and a higher business … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Australian PPI Higher Than Expected; AUD Moderately Stronger Posted: 20 Apr 2011 07:19 PM PDT Higher Australian Producer Price Index for the first quarter helped buoy the Australian dollar higher against most currency pairs, including the US dollar. Better than expected data indicated growing producer prices, further adding investor expectations of a RBA Target Cash Rate increase. The following is a digest of Australian data released earlier today, including higher foreign exchange transactions and a higher business … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Tractor Supply Is A Buy Posted: 20 Apr 2011 07:14 PM PDT Tractor Supply Company ($TSCO) has been trending steadily higher over the last year of trading – gaining 118% during this time. The recent near-term pull-back calls for a nice buying opportunity ahead. Here's why.. Buy Signal The daily chart shows two new buy signals have developed over the last two sessions, which were generated by the PEMA Pull-Back system. This system looks to identify prime pull-back buying opportunities in strong-trending stocks. Each buy signal, except one, has faired … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 20 Apr 2011 07:05 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Thursday.<br/><br/> EUR/USD was trading at 1.4564, up 0.29% at time of writing.<br/><br/> The pair was likely to find support at 1.4157, Monday&rsquo;s low, and resistance at 1.4581, today&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.15% to hit 0.8863 and EUR/JPY falling 0.03% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/JPY Up During Asian Trade Posted: 20 Apr 2011 06:35 PM PDT Forex Pros – The Euro was higher against the Japanese Yen on Thursday.<br/><br/> EUR/JPY was trading at 119.92, up 0.02% at time of writing.<br/><br/> The pair was likely to find support at 116.48, Monday&rsquo;s low, and resistance at 120.39, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the British Pound, with EUR/USD gaining 0.34% to hit 1.4572 and EUR/GBP rising 0.19% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Recovery, Redefined Posted: 20 Apr 2011 06:21 PM PDT Maybe I’m out of touch (after all, I am getting on in the years), but I seem to have an old-fashioned notion of what a “recovery” is. To me, it’s when private economic activity acquires a self-sustaining momentum, where people are spending and investing and businesses are growing. To our our leaders in Washington, however, it seems to be a time when relentless propaganda temporarily drowns out the cacophony of a pessimistic reality; to Wall Street, it’s that transcendental … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/JPY Down During The Asian Session Posted: 20 Apr 2011 05:45 PM PDT Forex Pros – The British Pound was lower against the Japanese Yen on Thursday.<br/><br/> GBP/JPY was trading at 135.15, down 0.24% at time of writing.<br/><br/> The pair was likely to find support at 133.01, Monday&rsquo;s low, and resistance at 135.89, Monday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the U.S. Dollar and down against the Euro, with GBP/USD gaining 0.03% to hit 1.6416 and EUR/GBP rising 0.21% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Magic Formula Investing Amp; The Little Book That Beats The Markets: Greenblatt’s ROC Amp; Earnings Yield Approach Posted: 20 Apr 2011 01:34 PM PDT In Brief Magic Formula Investing is a value investing strategy based on buying 20-30 quot;good, cheap companiesquot; defined as having the best available combined ranking in terms of earnings yield and a return on capital. Background A widely respected hedge-fund manager, Joel Greenblatt started as a value purist, but was later influenced by Warren Buffett’s view about growth being part of the value equation. He founded Gotham Capital, a fund which apparently returned over 40% on an … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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