DailyMarkets.com - Forex – EUR/GBP Nears 6-month High After Robust German Jobs Data

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• Forex – EUR/GBP Nears 6-month High After Robust German Jobs Data
• AUD/NZD Daily Fundamental Analysis For April 29, 2011
• NZD/USD Daily Fundamental Analysis For April 29, 2011
• European Stocks Boosted By Fed, Deutsche Bank; DAX Up 0.55%
• Forex – Dollar Down Vs. Most Rivals After Bernanke Comments
• Forex – GBP/USD Trims Gains After Surging To 17-month High
• German Unemployment Change Declines More-than-expected
• Hong Kong Monetary Authority Holds Base Rate At 0.50%
• Bank Of Japan Holds Rate At 0.10%, Rejects Proposal To Increase Asset Purchases
• Forex – USD/JPY Nears 1-month Low As Fed Maintains Status Quo
• RBNZ Holds OCR Unchanged At 2.50%
• Forex Trading: USD/JPY Still Softer
• Forex – AUD/USD Hits All-time High After Fed’s Bernanke
• Asia Stocks Advance On Bernanke Comments; Nikkei Jumps 1.6%
• EUR/USD Technical Analysis For April 28, 2011
• USD/JPY Technical Analysis For April 28, 2011
• AUD/USD Technical Analysis For April 28, 2011
• EUR/CHF Technical Analysis For April 28, 2011
• AUD/NZD Technical Analysis For April 28, 2011
• Forex – NZD/USD Moves Lower After RBNZ Leaves Rates Unchanged
• GBP/JPY Technical Analysis For April 28, 2011
• USD/CHF Technical Analysis For April 28, 2011
• EUR/JPY Technical Analysis For April 28, 2011
• USD/CAD Technical Analysis For April 28, 2011
• Oil Technical Analysis For April 28, 2011
• GBP/USD Technical Analysis For April 28, 2011
• Natural Gas Technical Analysis For April 28, 2011
• Gold Technical Analysis For April 28, 2011
• Crude Oil Daily Fundamental Analysis For April 28, 2011
• Natural Gas Daily Fundamental Analysis For April 28, 2011
• Gold Fundamental Analysis For April 28, 2011
• USD/CAD Daily Fundamental Analysis For April 28, 2011
• EUR/USD Daily Fundamental Analysis For April 28, 2011
• USD/CHF Daily Fundamental Analysis For April 28, 2011
• GBP/USD Daily Fundamental Analysis For April 28, 2011
• Forex – EUR/USD Surges To Fresh 16-month Peak After Bernanke
• Bank Of Japan Holds Key Interest Rate Steady
• Reserve Bank Of New Zealand Leaves Interest Rate Unchanged
• Bull Of The Day: EI DuPont De Nemours & Co. (DD)
• Aggressive Growth Stock: Entegris Inc
• Bear Of The Day: Bank Of America Corp. (BAC)
• Growth & Income Stock: The Valspar Corporation
• Momentum Stock: Basic Energy Services
• Forex – EUR/USD Up During The Asian Session
• Forex – GBP/USD Up In Asian Trade
• Forex – EUR/CHF Up In Asian Trading Hours
• Forex – USD/CHF Down During Asian Trade
• Another Take On Silver
• Forex – EUR/GBP Down During The Asian Session
• Tomorrow’s Trades (Today!) For Thurs. April 27, 2011
• Forex – USD/JPY Down During Asian Trade
• EIA: Gas Prices Will Peak In June, And Then Fall
• Forex – USD/CAD Down In Asian Trading Hours
• Singapore Stock Market Update For Thursday 28 April
• Forex – AUD/USD Up During Asian Trade
• University Administrators Will Outnumber College Faculty By 2014; It’s Already A Reality At UM-Flint
• Levels To Watch For The YM
• Forex – EUR/USD Up During The Asian Session
• Forex – EUR/JPY Up During Asian Trade
• Forex – USD/JPY Down On Economic Data
• Japan’s Industrial Production Falls More-than-expected
• Forex – GBP/JPY Up During The Asian Session
• AUD/NZD Gains Bullish Momentum With RBNZ Holding The OCR At 2.50%
• World Stock Markets Rally To 33-Month High
• Stock Market Summary For Wednesday, April 27, 2011

Forex – EUR/GBP Nears 6-month High After Robust German Jobs Data Posted: 28 Apr 2011 02:34 AM PDT Forex Pros – The euro was up against the pound on Thursday, trading close to Wednesday&rsquo;s six-month high, boosted by official data showing that number of jobless German workers declined for the 14th consecutive month in April.<br /><br />EUR/GBP hit 0.8916 during European morning trade, the daily high; the pair subsequently consolidated at 0.8913, gaining 0.24%.<br /><br />The pair was likely to find support at 0.8845, Wednesday&rsquo;s low and resistance … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/NZD Daily Fundamental Analysis For April 29, 2011 Posted: 28 Apr 2011 02:06 AM PDT By ForexMansion.com   The AUD/NZD pair inclined heavily to record its highest level in 22 day, as the Australian dollar recorded a new all time high verses greenback, supporting the AUD/NZD pair to move to the upside.   The Australian dollar recorded a new all time high against the dollar, as the U.S. dollar fell to a 16-month low against the euro and sterling after the Fed kept interest rates near zero.   The Fed policy makers didn't give any sign of thinking about monetary … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD Daily Fundamental Analysis For April 29, 2011 Posted: 28 Apr 2011 02:06 AM PDT By ForexMansion.com   The New Zealand dollar dropped sharply against the US counterpart and other majors, while the NZD/USD recorded the lowest level at 0.8002 after the Reserve Bank of New Zealand rate decision.   The RBNZ governor Mr. Alan bollard kept benchmark interest unchanged at a record low at 2.50% during the month of April to revive the economy.   The Governor and his board said that the continuing rise for the nation currency is “unwelcome” which has negative results … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Stocks Boosted By Fed, Deutsche Bank; DAX Up 0.55% Posted: 28 Apr 2011 02:03 AM PDT Forex Pros – European stock markets were broadly higher on Thursday, after the Federal Reserve reiterated its commitment to supporting the U.S. economic recovery and as shares in Deutsche Bank surged after reporting first quarter results.&nbsp; <br /><br />During European morning trade, the EURO STOXX 50 jumped 0.75%, France&rsquo;s CAC 40 rose 0.65%, while Germany’s DAX 30 gained 0.55%.<br /><br />In his first ever post-policy meeting press conference on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Down Vs. Most Rivals After Bernanke Comments Posted: 28 Apr 2011 01:39 AM PDT Forex Pros – The U.S. dollar was down against almost all of its major counterparts on Thursday, after Federal Reserve Chairman Ben Bernanke gave no indication that the U.S. central bank will move to tighten policy anytime soon <br /><br />During European morning trade, the greenback was down against the euro, with EUR/USD rising 0.31% to hit 1.4833.<br /><br />In his first ever post-policy meeting press conference on Wednesday, Bernanke said that the central bank, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Trims Gains After Surging To 17-month High Posted: 28 Apr 2011 01:19 AM PDT Forex Pros – The pound trimmed gains against the U.S. dollar on Thursday, but remained supported close to a 17-month high after the Federal Reserve indicated that it would not be tightening monetary policy for some time.<br /><br />GBP/USD retreated from 1.6745, the pair&rsquo;s highest since November 19, 2009, to hit 1.6680 during European morning trade, still up 0.33% on the day.<br /><br />Cable was likely to find support at 1.6434, Wednesday&rsquo;s low and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

German Unemployment Change Declines More-than-expected Posted: 28 Apr 2011 01:00 AM PDT Forex Pros – The number of unemployed people in Germany declined slightly more-than-expected in April, official data showed on Thursday.<br /><br />In a report, Germany’s Federal Statistics Office said the number of unemployed people declined by a seasonally adjusted -37K in April, after falling by -55K in March. <br /><br />Analysts had expected the number of unemployed people to decline by -36K in April.<br /><br />The report showed that … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hong Kong Monetary Authority Holds Base Rate At 0.50% Posted: 28 Apr 2011 12:55 AM PDT The Hong Kong Monetary Authority held its base rate unchanged at 0.50% following the decision of the US Federal Reserve to leave the fed funds rate unchanged at 0-0.25%. The Hong Kong Monetary Authority typically follows the monetary policy decisions of the US Federal Reserve’s Federal Open Market Committee because the Hong Kong Dollar is pegged to the United States … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bank Of Japan Holds Rate At 0.10%, Rejects Proposal To Increase Asset Purchases Posted: 28 Apr 2011 12:51 AM PDT The Bank of Japan held the benchmark uncollateralized overnight call rate unchanged at 0.10% and made no changes to its 40 trillion yen asset purchase program. The monetary policy council voted against Deputy Governor Kiyohiko Nishimura’s proposal to increase the size of the asset purchase program by 5 trillion yen.  The Bank also made further details available on its 1 trillion yen lending scheme for banks in quake-hit areas, noting that banks would be able to borrow a maximum of 150 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Nears 1-month Low As Fed Maintains Status Quo Posted: 28 Apr 2011 12:44 AM PDT Forex Pros – The U.S. dollar was down against the yen on Thursday, re-approaching a one-month low after Federal Reserve Chairman Ben Bernanke signaled that ultra-loose monetary policy would stay in place for the foreseeable future.<br /><br />USD/JPY hit 81.54 during early European trade, the daily low; the pair subsequently consolidated at 81.65, shedding 0.59%.<br /><br />The pair was likely to find short-term support at 81.25, Wednesday&rsquo;s low and a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

RBNZ Holds OCR Unchanged At 2.50% Posted: 28 Apr 2011 12:24 AM PDT The Reserve Bank of New Zealand left the Official Cash Rate unchanged at 2.50% as the outlook for the New Zealand economy remained “very uncertain”.  The Bank said “Given the outlook for core inflation and continued economic disruption stemming from the earthquakes, the current level of the OCR is likely to remain appropriate for some time.”  New Zealand reported consumer price inflation of 4.5% in Q1, up from 4.0% in Q4 of 2010, and above the official inflation target of 1-3% as … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: USD/JPY Still Softer Posted: 28 Apr 2011 12:11 AM PDT We saw the USD hit hard this afternoon during and following Ben Bernanke's testimony. In some instances, like the EUR/USD, we are starting to see some profit taking and mild retracements of earlier upward moves. However, the in the case of the USD/JPY we are seeing no recovery yet as the USD continues to sell against the JPY. After breaking through old support levels at 81.61, we see no significant levels below which could indicate possible support until 81.254; the 100% retracement … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Hits All-time High After Fed’s Bernanke Posted: 28 Apr 2011 12:08 AM PDT Forex Pros – The Australian dollar climbed to a record high against its U.S. counterpart on Thursday, after Federal Reserve Chairman Ben Bernanke signaled that the central bank will maintain record monetary stimulus to bolster U.S. growth.<br /><br />AUD/USD hit 1.0947 during late Asian trade, the pair&rsquo;s highest since it was floated in December 1983; the pair subsequently consolidated at 1.0916, gaining 0.40%.<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 Advance On Bernanke Comments; Nikkei Jumps 1.6% Posted: 27 Apr 2011 11:51 PM PDT Forex Pros – Asian stock markets advanced on Thursday, as market sentiment was boosted after Federal Reserve Chairman Ben Bernanke indicated that the central bank had no timetable to hike interest rates.<br /><br />During late Asian trade, Hong Kong’s Hang Seng Index edged 0.1% higher, South Korea’s Kospi Composite added 0.07%, while Japan&rsquo;s Nikkei 225 Index jumped 1.63%.&nbsp;&nbsp; <br /><br />On Wednesday, the Fed kept rates unchanged between a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/USD Technical Analysis For April 28, 2011 Posted: 27 Apr 2011 11:49 PM PDT By ForexMansion.com   The EUR/USD had a break out day today as the pair broke above the 1.47 area with conviction. Because of this, the 1.45 area can now be considered a floor of sorts, and that buying is the only direction you can go at the moment. The pair is a "buy on the dips" market without a doubt. 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 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Technical Analysis For April 28, 2011 Posted: 27 Apr 2011 11:49 PM PDT By ForexMansion.com   The USD/JPY gained massively today, as the markets took off around the world. It should be noted that this pair is the weakest of all of the XXX/JPY pairs, as the USD is so weak at the moment. Today's Federal Reserve news conference did nothing to bolster the idea of a strong dollar, and that will weigh on the USD against all pairs, this one included. However, it will still be in a bull mode, and could be the beginning of a long run north. Originally posted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/USD Technical Analysis For April 28, 2011 Posted: 27 Apr 2011 11:48 PM PDT By ForexMansion.com   The AUD/USD pair skyrocketed again today as the gold markets were very bullish. The Aussie benefitted from the massive buying the gold markets saw in the afternoon as the Fed decided to continue with QE2. The pair has now broken the 1.08 mark, and it appears that it is somewhat unstoppable. However, you should look for pullbacks as the pair is most certainly an overextended pair. Originally posted here Read more about forex technical analysis, forex fundamental … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/CHF Technical Analysis For April 28, 2011 Posted: 27 Apr 2011 11:47 PM PDT By ForexMansion.com   The EUR/CHF rose with conviction today, as the Euro got a boost from the US dollar weakness market wide. The EUR/CHF looks very bullish from the 1.27 area, as it has proven its supportive nature. The 1.30 area is just above, and could be resistive, but the overall bias now looks positive. Look to buy above the 1.30 area, or on pullbacks. Originally posted here Read more about forex technical analysis, forex fundamental analysis and forex news on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/NZD Technical Analysis For April 28, 2011 Posted: 27 Apr 2011 11:47 PM PDT By ForexMansion.com   The AUD/NZD launched itself today, as the Aussie benefitted directly from the rise in gold prices. The pair has been in an uptrend for ages, and this move might signal another leg up now. The 1.33 could be used as you stopping point, as if it gets violated – the move would be false. However, buying has always been our preference, and this candle only strengthens that view. Originally posted here Read more about forex technical analysis, forex fundamental … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Moves Lower After RBNZ Leaves Rates Unchanged Posted: 27 Apr 2011 11:47 PM PDT Forex Pros – The New Zealand dollar eased off a three-year high against its U.S. counterpart on Thursday, after the Reserve Bank of New Zealand kept its benchmark interest rate at a record low and called the local currency&rsquo;s rise &ldquo;unwelcome&rdquo;. <br /><br />NZD/USD hit 0.8006 during late Asian trade, the daily low; the pair subsequently consolidated at 0.8044, shedding 0.42%.<br /><br />The pair was likely to find support at 0.7975, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/JPY Technical Analysis For April 28, 2011 Posted: 27 Apr 2011 11:45 PM PDT By ForexMansion.com   The GBP/JPY rose massively today, as traders got the green light to take risks in the various financial markets around the world from the Federal Reserve. As long as the central bank is willing to be accommodative, the markets will react well. This in turn tends to affect the GBP/JPY pair in a positive way. The 135.50 area has proven itself, and this currency pair should rise from here. Look to buy on a break of today's high, or on a pullback. Originally posted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CHF Technical Analysis For April 28, 2011 Posted: 27 Apr 2011 11:44 PM PDT By ForexMansion.com   The USD/CHF pair had a bizarre day today, first shooting higher – only to fall again. While this only proves the inherent weakness in this pair, trading this pair on the short-term charts was probably a very nerve-racking experience today. The pair is now back towards its all-time lows, and this only signals more selling in the future. Sell all rallies, and look to short if we get to new lows again. Originally posted here Read more about forex technical … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/JPY Technical Analysis For April 28, 2011 Posted: 27 Apr 2011 11:44 PM PDT By ForexMansion.com   The EUR/JPY absolutely took off today, as traders got excited by the continuation of easy money from the Federal Reserve. As long as the central bank is willing to be accommodative, the markets will react well. This leads to JPY selling and the EUR gains against the dollar as well. In other words, this is a bit of a perfect storm as the chart has proven the 120 area to be supportive. Buying is the only choice, and a break of today's high would be the signal. On … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Technical Analysis For April 28, 2011 Posted: 27 Apr 2011 11:43 PM PDT By ForexMansion.com   The USD/CAD had a tough day today as traders bought in the early hours, only to sell it off again after the Federal Reserve meeting and news conference. The pair is decidedly bearish, and this was demonstrated yet again as the bulls simply couldn't hold up the market. Selling is the only direction you can seriously consider, and until the oil markets start to fail – it will remain that way. Originally posted here Read more about forex technical analysis, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Oil Technical Analysis For April 28, 2011 Posted: 27 Apr 2011 11:42 PM PDT By CommoditiesMansion.com   Light Sweet Crude The CL moved up today, breaking away from our sideways bias over the last couple of days. The $127 area is currently being tested, and one has to think that it will eventually give way to the bulls. The move also came with decent volume, showing signs of real conviction as well as the obvious technical pattern. Brent Brent reacted in a very similar manner as its cousin today, pushing towards the recent highs. The market moved on decent … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/USD Technical Analysis For April 28, 2011 Posted: 27 Apr 2011 11:41 PM PDT By ForexMansion.com   The GBP/USD pair took off today and looks more bullish than ever as the candle today is decidedly green and long. This pair seems to be stretching to reach 1.70, and with the Federal Reserve's lack of commitment to the strength of the US dollar being reiterated today, we may hit that 1.70 mark quicker than originally imagined. Look to buy on all pullbacks, as this pair will only go up over time. The 1.65 should be supportive if we fall back down to that … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Technical Analysis For April 28, 2011 Posted: 27 Apr 2011 11:38 PM PDT By CommoditiesMansion.com   Natural Gas continues to tread water at this level, showing that the $4.40-$4.50 area is going to be difficult to break through. However, it should be noted that the latest low is higher than the one before it. This suggests that the area could give way, but buying here would be very unwise, and waiting on a break out above the area is suggested before buying. Shorting could be done, but the recent run up makes it a little more difficult. Originally posted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Technical Analysis For April 28, 2011 Posted: 27 Apr 2011 11:38 PM PDT By CommoditiesMansion.com   Gold absolutely exploded to the upside today, as the Fed announced it wasn't doing much to protect the US dollar. By extension, this pushes up the price of many commodities, especially the precious metals. The gold market has been on fire over the last few years, and today did absolutely nothing to change that perception. Gold certainly goes higher now, and the $1,500 area should be supportive on pullbacks. Originally posted here Read more about … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Daily Fundamental Analysis For April 28, 2011 Posted: 27 Apr 2011 11:37 PM PDT By CommoditiesMansion.com   Crude oil prices rose on Wednesday above $112 a barrel despite that a report from the Department of Energy showed crude oil inventories increased above expectations, while the U.S. dollar slightly eased against major currencies after the FOMC rate decision, and investors remain cautious ahead of Bernanke's press conference. The EIA report showed on Wednesday that crude oil inventories increased in the week ending April 15, by 6.2 million barrels, compared with … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Daily Fundamental Analysis For April 28, 2011 Posted: 27 Apr 2011 11:37 PM PDT By CommoditiesMansion.com   Natural gas prices extended the decline on Wednesday for a third consecutive day on expectations of improving weather conditions in the South, which led to expectations of lower demand for power-plant fuel. Natural gas prices will probably extend their fall tomorrow due to the milder weather conditions in the South, however, traders will focus on the EIA report for natural gas stockpiles, where the EIA is expected to show that natural gas inventories increased … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Fundamental Analysis For April 28, 2011 Posted: 27 Apr 2011 11:36 PM PDT By CommoditiesMansion.com   On Wednesday, the Gold ended the European session struggling around records high as the market shifted the focus to the Federal Reserve. Investors were pondering on whether the continued loose monetary policy will keep the downside pressure on the dollar, or whether the feds will turn downbeat on inflation and growth, or the last and slimmest option is turning hawkish! The final verdict will affect investment decision and the market entirely and accordingly the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Daily Fundamental Analysis For April 28, 2011 Posted: 27 Apr 2011 11:35 PM PDT By ForexMansion.com   The USD/CAD pair rose back on Wednesday ahead of the FOMC decision, where the FOMC left the current monetary policy intact, where benchmark interest rates are not expected to rise anytime this year, while the Fed signaled that the $600 billion QE2 program will run through June as planned. Nevertheless, the pair rose as investors seem to be covering short ahead of the first ever Fed conference on monetary policy, where investors are cautious ahead of what might the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/USD Daily Fundamental Analysis For April 28, 2011 Posted: 27 Apr 2011 11:35 PM PDT By ForexMansion.com   The EUR/USD continued the course of fluctuations and volatility in the market on Wednesday as investors remained focused on the upcoming FOMC decision and Bernanke's speech. Europe exited the market and the movement was still bound by expectations over the change in the Feds monetary policy. It was taken for granted that the Feds will leave the benchmark rate steady between zero and 0.25% as they are waiting for clues from Bernanke later in the day for the coming … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CHF Daily Fundamental Analysis For April 28, 2011 Posted: 27 Apr 2011 11:34 PM PDT By ForexMansion.com The Swiss economy lacks fundamentals today, which means that the pair’s movement will be affected by the parade of important US data due today. As of 12:30 GMT, eyes will be on the US first quarter advanced GDP data, where annualized GDP is predicted to show that the world’s largest economy grew 2.0% compared with the 3.1% expansion in the three months ending December. At the same time, initial jobless claims for the week ending April 23 is estimated to show decline in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/USD Daily Fundamental Analysis For April 28, 2011 Posted: 27 Apr 2011 11:33 PM PDT By ForexMansion.com   After the release of the first-quarter GDP data from the UK yesterday to become the first G7 country to release the first quarter’s figures, the turn is on the United States to release its first quarter data today.  Annualized GDP, due at 12:30 GMT, is predicted to show that the world’s no.1 economy grew 2.0% compared with the 3.1% expansion in the fourth quarter. At the same time, initial jobless claims for the week ending April 23 is estimated to show decline … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Surges To Fresh 16-month Peak After Bernanke Posted: 27 Apr 2011 11:28 PM PDT Forex Pros – The euro surged to a fresh 16-month high against the broadly weaker U.S. dollar on Thursday, after Federal Reserve Chairman Ben Bernanke indicated that the central bank would not be tightening monetary policy for some time.<br /><br />EUR/USD hit 1.4882 during late Asian trade, the pair&rsquo;s highest since December 12, 2009; the pair subsequently consolidated at 1.4839, gaining 0.35%.<br /><br />The pair was likely to find support at 1.4631, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bank Of Japan Holds Key Interest Rate Steady Posted: 27 Apr 2011 11:23 PM PDT Forex Pros – The Bank of Japan kept its benchmark interest rate unchanged, it announced on Thursday.<br /><br />In a statement, the BoJ said it was keeping its benchmark interest rate unchanged between a range of 0.0% to 0.1%, broadly in line with expectations. <br /><br />A statement on monetary policy released after the announcement showed that the Bank of Japan&rsquo;s nine-man policy board voted unanimously to maintain the interest rate at its current … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Reserve Bank Of New Zealand Leaves Interest Rate Unchanged Posted: 27 Apr 2011 11:17 PM PDT Forex Pros – The Reserve Bank of New Zealand left its benchmark interest rate unchanged at 2.50%, it announced late Wednesday.<br /><br />In a statement, that bank said it was leaving its overnight cash rate unchanged at 2.50%, broadly in line with expectations.<br /><br />Commenting on the decision RBNZ Governor Alan Bollard said, “The outlook for the New Zealand economy remains very uncertain following February&rsquo;s Christchurch earthquake.&rdquo;<br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: EI DuPont De Nemours & Co. (DD) Posted: 27 Apr 2011 11:05 PM PDT EI DuPont de Nemours & Co. (NYSE:DD) reported first quarter earnings of $1.52 per share, surpassing the Zacks Consensus Estimate by $0.15. Revenues reached $10.0 billion, compared to the Zacks Consensus Estimate of $9.3 billion. Earnings benefited from price increases that significantly outpaced higher raw materials and energy costs. The company remains vigilant in its focus on productivity with respect to fixed costs, variable costs and working capital. DuPont increased its full-year earnings … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: Entegris Inc Posted: 27 Apr 2011 11:05 PM PDT Entegris, Inc (NASDAQ:ENTG) shares jumped on a recent earnings surprise. But, thanks to rising estimates and shares retracing, ENTG is also a great value. Now could be a great time to get into this Zacks #1 Rank (Strong Buy). Company Description Entegris, Inc. offers a range of products used in making semiconductors and other applications such as purifying, protecting and transporting materials. Locations are in the U.S, Asia and Europe. Record-Setting Sales On Apr 21 Entegris reported first-quarter … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bear Of The Day: Bank Of America Corp. (BAC) Posted: 27 Apr 2011 11:05 PM PDT Bank of America’s (NYSE:BAC) first-quarter 2011 earnings came in substantially lower than the Zacks Consensus Estimate. Lower top line and higher non-interest expense were primarily responsible for lower-than-expected results. Reduced mortgage banking income and higher litigation expenses were also among the negatives. The Federal Reserve’s objection to the company’s proposed capital deployment in the second half of 2011 remains a major headwind at this point. After reviewing the results, we are … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth & Income Stock: The Valspar Corporation Posted: 27 Apr 2011 11:05 PM PDT The Valspar Corporation (NYSE:VAL) recently delivered solid first quarter results as strong customer demand more than offset rising raw material prices and a declining gross margin. The paints and coatings manufacturer has also made a number of acquisitions recently to expand into the fast growing markets of Brazil, India and Australia. This, along with the careful implementation of price increases, should help drive EPS higher over the next few years. Analysts are projecting 15% EPS growth from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Stock: Basic Energy Services Posted: 27 Apr 2011 11:05 PM PDT Basic Energy Services (NYSE:BAS) has been one of the hottest names in energy, recently surging to a new multi-year high after reporting strong Q1 results that came in well ahead of expectations. With estimates jumping on the news, this Zacks #1 rank stock is will help you drill into momentum. Company Description Basic Energy Services provides well drilling services to oil and natural gas companies in the United States and has a market cap of $1.26 billion. Drilling services companies are … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 27 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 1.4841, up 0.36% at time of writing.<br/><br/> The pair was likely to find support at 1.4494, Tuesday&rsquo;s low, and resistance at 1.4882, today&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.15% to hit 0.8879 and EUR/JPY falling 0.13% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Up In Asian Trade Posted: 27 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 1.6723, up 0.58% at time of writing.<br/><br/> The pair was likely to find support at 1.6432, Tuesday&rsquo;s low, and resistance at 1.6747, today&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.06% to hit 0.8887 and GBP/JPY rising 0.05% 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: 27 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 1.2939, up 0.04% at time of writing.<br/><br/> The pair was likely to find support at 1.2752, Tuesday&rsquo;s low, and resistance at 1.2950, today&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 0.51% to hit 1.4864 and EUR/JPY falling 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Down During Asian Trade Posted: 27 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 0.8699, down 0.54% at time of writing.<br/><br/> The pair was likely to find support at 0.8672, Tuesday&rsquo;s low, and resistance at 0.8874, Monday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.52% to hit 1.4865 and USD/JPY falling 0.45% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Another Take On Silver Posted: 27 Apr 2011 09:23 PM PDT This interview occurred before the Bernanke press conference. The trader expected a downside pullback to $40 for silver, but said if silver got back above $47 to $50 (which it has after the Fed conference) its back off to the races. I also agree with his comments that $20-$30 is likely a long term support area … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Down During The Asian Session Posted: 27 Apr 2011 09:00 PM PDT Forex Pros – The Euro was lower against the British Pound on Thursday.<br/><br/> EUR/GBP was trading at 0.8888, down 0.05% at time of writing.<br/><br/> The pair was likely to find support at 0.8802, Monday&rsquo;s low, and resistance at 0.8924, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.51% to hit 1.4864 and EUR/JPY rising 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Tomorrow’s Trades (Today!) For Thurs. April 27, 2011 Posted: 27 Apr 2011 08:45 PM PDT I have waited a month to share new trade ideas for my service Tomorrow’s Trades (Today!). You can access that webpage here. There you will find exact limit order prices for the buy tomorrow and selling price when that price is reached. The details of my past trade ideas and record can be examined here. 1. Entree Gold Inc (EGI) Click on any chart to ENLARGE 2. Hecla Mining Co (HL) 3. New Gold Inc … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down During Asian Trade Posted: 27 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 81.76, down 0.47% at time of writing.<br/><br/> The pair was likely to find support at 81.27, Tuesday&rsquo;s low, and resistance at 82.78, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.53% to hit 1.4867 and GBP/USD rising 0.60% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EIA: Gas Prices Will Peak In June, And Then Fall Posted: 27 Apr 2011 08:13 PM PDT According to the EIA (data here), real gas prices will peak in June of this year at $3.90 per gallon, and then start gradually falling, reaching $3.60 per gallon by December of next year.  Of course, a lot could happen over the next year, but the current EIA estimate is that gas prices will peak within a few months and gradually decline over the next 20 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Down In Asian Trading Hours Posted: 27 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 0.9472, down 0.27% at time of writing.<br/><br/> The pair was likely to find support at 0.9468, today&rsquo;s low, and resistance at 0.9576, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.53% to hit 1.4867 and GBP/USD rising 0.60% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Singapore Stock Market Update For Thursday 28 April Posted: 27 Apr 2011 07:39 PM PDT Market continues advancing after strong finishing in the US markets. Japanese shares shrug off downnbeat data to rise, with some exporters benefitting from a weaker yen. Hong Kong and mainland Chinese shares joined a broad regional advance. US Federal Reserves keep US rates on hold and it won’t start a third round of large asset purchases. Mid term positions Straits Asia enter 2.95 SL 2.43 (price trading near!) DBS enter 15.26 SL 13.96 No short term … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Up During Asian Trade Posted: 27 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 1.0931, up 0.54% at time of writing.<br/><br/> The pair was likely to find support at 1.0677, Tuesday&rsquo;s low, and resistance at 1.0931, today&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.17% to hit 1.3580 and AUD/JPY rising 0.13% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

University Administrators Will Outnumber College Faculty By 2014; It’s Already A Reality At UM-Flint Posted: 27 Apr 2011 07:29 PM PDT According to Malcom Harris writing in n+1: “And while the proportion of tenure-track teaching faculty has dwindled, the number of managers has skyrocketed in both relative and absolute terms. If current trends continue, the Department of Education estimates that by 2014 there will be more administrators than instructors at American four-year nonprofit colleges. A bigger administration also consumes a larger portion of available funds, so it's unsurprising that budget shares for instruction … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Levels To Watch For The YM Posted: 27 Apr 2011 07:17 PM PDT The mini Dow futures contract has been very bullish over the last two sessions and continues to push higher after testing 12,000 earlier in the month. Given recent strength, here are my YM levels to watch for tomorrow's action.. Buy the Dip The 5-minute chart of the mini Dow futures contract shows price has rallied 250 points in the last two sessions, which gives us a very nice blueprint for trade setups tomorrow morning. From the chart, you also see that tomorrow's Value Area shows an … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 27 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 1.4832, up 0.30% at time of writing.<br/><br/> The pair was likely to find support at 1.4494, Tuesday&rsquo;s low, and resistance at 1.4847, today&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.06% to hit 0.8887 and EUR/JPY rising 0.16% 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: 27 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 121.58, up 0.09% at time of writing.<br/><br/> The pair was likely to find support at 118.50, Tuesday&rsquo;s low, and resistance at 121.84, today&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and down against the British Pound, with EUR/USD gaining 0.35% to hit 1.4840 and EUR/GBP falling 0.02% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down On Economic Data Posted: 27 Apr 2011 05:55 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Thursday after the release of Japanese data on Industrial Production.<br/><br/> USD/JPY was trading at 82.05, down 0.11% at time of writing.<br/><br/> The pair was likely to find support at 81.27, Tuesday&rsquo;s low, and resistance at 82.78, Wednesday&rsquo;s high.<br/><br/> Earlier in the day, preliminary data showed that Industrial production in Japan fell more-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Japan’s Industrial Production Falls More-than-expected Posted: 27 Apr 2011 05:55 PM PDT Forex Pros – Industrial production in Japan fell more-than-expected last month, preliminary data showed on Wednesday.<br/><br/>In a report, the Ministry of Economy, Trade and Industry said that industrial production fell to a seasonally adjusted -15.3%, from 1.8% in the preceding month.<br/><br/>Analysts had expected industrial production to fall -10.3% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/JPY Up During The Asian Session Posted: 27 Apr 2011 05:45 PM PDT Forex Pros – The British Pound was higher against the Japanese Yen on Thursday.<br/><br/> GBP/JPY was trading at 136.72, up 0.11% at time of writing.<br/><br/> The pair was likely to find support at 134.09, Tuesday&rsquo;s low, and resistance at 136.95, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the U.S. Dollar and the Euro, with GBP/USD gaining 0.31% to hit 1.6677 and EUR/GBP falling 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/NZD Gains Bullish Momentum With RBNZ Holding The OCR At 2.50% Posted: 27 Apr 2011 05:31 PM PDT AUD/NZD after Completing a 3-Swing Correction to 1.32 (4/21) AUD/NZD Short-term- The market is ditching the 1.32 support. If the current rally is NOT a correction to the decline we saw from 1.38, it is developing a nested impulse wave structure. - That just means that within the middle wave, we have an internal impulse wave. Aligned with a non-surprising decision by the Reserve Bank of New Zealand (RBNZ) to hold the Official Cash Rate (OCR) at 2.50%, the AUD/NZD is now in an explosive wave 3 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

World Stock Markets Rally To 33-Month High Posted: 27 Apr 2011 04:46 PM PDT The MSCI World Stock Market Index closed today at 1,371.4, reaching the highest level since July 30, 2008, almost 33 months ago.  Compared to the cyclical low of 697.5 in early March 2009, the MSCI World Stock Index has almost doubled over the last two years.  The year-to-date return for the world index is 7%, and the one-year return is 14%.  Welcome to the 2001 bull market rally for world … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stock Market Summary For Wednesday, April 27, 2011 Posted: 27 Apr 2011 04:40 PM PDT On the heels of the announcement from the Federal Reserve stocks spent the early part of today’s session posting mild gains. Once the Federal Reserve announced they were leaving rates alone, would continue with QE2 through June, and hinted of a possible QE3 stocks accelerated their gains with the major indexes (DJIA, S&P 500, and Nasdaq Composite) finishing up between 0.6% and 0.8%. Investor participation and market breadth came in at decent levels. Staying with the trend we are raising the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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