Tuesday, April 5, 2011

DailyMarkets.com - How To Find A Job: Just Be Willing To Flip Burgers And Work For Minimum Wage

DailyMarkets.com - How To Find A Job: Just Be Willing To Flip Burgers And Work For Minimum Wage

How To Find A Job: Just Be Willing To Flip Burgers And Work For Minimum Wage

Posted: 05 Apr 2011 03:42 AM PDT

Do you want to know how to find a job in America today?  It’s easy.  Just be willing to flip burgers, wait tables or welcome people to Wal-Mart (NYSE:WMT).  You must also be willing to work for close to minimum wage with no health benefits.  It’s not that complicated.  On April 19th, McDonald’s (NYSE:MCD) is going to be holding its first “national hiring day” and it will be attempting to fill 50,000 positions.  Hundreds of thousands of applicants are expected, so if you are going to apply … [visit site to read more] or compare Best Credit Cards and Best CD Rates

AUD/USD Daily Outlook For April 06, 2011

Posted: 05 Apr 2011 02:36 AM PDT

By ForexMansion.com
 
The Australian dollar dropped sharply against the greenback and other currencies on Tuesday, after the Australian trade balance recorded a deficit in February for the fist time in almost a year.
On the other hand, the Aussie has started its correctional movement against the US dollar, as the Australian fundamental data that showed unexpected trade deficit along with the expectation that the Australian dollar will continue its upside movement for 14 straight day, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/GBP Tumbles After U.K. Data, Moody’s Downgrade

Posted: 05 Apr 2011 02:24 AM PDT

Forex Pros – The euro tumbled to an eight-day low against the pound on Tuesday, after U.K. services sector activity jumped in March, renewing expectations of a near term rate rise and after Moody&rsquo;s downgraded Portugal&rsquo;s sovereign debt rating.<br /><br />EUR/GBP hit 0.8729 during European morning trade, the pair&rsquo;s lowest since March 24; the pair subsequently consolidated at 0.8732, tumbling 0.94%.<br /><br />The pair was likely to find … [visit site to read more] or compare Best Credit Cards and Best CD Rates

European Stocks Broadly Lower On Debt Fears; DAX Down 0.35%

Posted: 05 Apr 2011 02:20 AM PDT

Forex Pros – European stock markets were broadly lower on Tuesday, as shares in the financial sector led losses after Moody&rsquo;s downgraded Portugal&rsquo;s debt, while U.S. futures indexes pointed to a lower open on Wall Street. <br /><br />During European morning trade, the EURO STOXX 50 slumped 0.55%, France&rsquo;s CAC 40 dropped 0.6%, while Germany’s DAX 30 shed 0.35%.<br /><br />Earlier in the day, Moody’s Investors Service downgraded Portugal’s … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Euro Zone Retail Sales Decline Unexpectedly In February

Posted: 05 Apr 2011 02:14 AM PDT

Forex Pros &ndash; Retail sales in the euro zone fell unexpectedly in March, official data showed on Tuesday.<br /><br />In a report, Eurostat said retail sales fell by a seasonally adjusted 0.1% in February, after rising by 0.2% in January, whose figure was revised down from 0.4%.<br /><br />Analysts had expected retail sales to rise by 0.1% in February.<br /><br />The report showed that year-on-year, retail sales rose significantly less-than-expected in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Eurozone Retail Sales For February

Posted: 05 Apr 2011 02:01 AM PDT

E/Z Retail Sales m/m came in at -0.1%, weaker than the 0.1% expected and prior reading of 0.1%.
Eur/Usd came off about 10 points just prior to release of number and currently resides at … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Euro-zone Retail Sales In 5 Minutes…

Posted: 05 Apr 2011 01:55 AM PDT

Forex Trading: EUR/GBP Falls Following PMI Release

Posted: 05 Apr 2011 01:52 AM PDT

Seen below, EUR/GBP collapsed through trendline support, which is had been receiving since February 18th, following the better than expected PMI reading. It additionally sold off through the 50.0% line and tested the 61.8% fibo line on the move from the low on March 23rd to the high on the 31st. If the selling continues, the next level lower is .87223: highs from March 16th and 27th. In the case of a rebound we look back towards … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Dollar Mixed After Moody’s Downgrades Portugal’s Debt

Posted: 05 Apr 2011 01:42 AM PDT

Forex Pros &ndash; The U.S. dollar was mixed against its major counterparts on Tuesday, as the euro eased off a 5-month high amid expectations that a euro zone rate hike was now priced in by investors and after Moody&rsquo;s downgraded Portugal&rsquo;s debt by one notch.<br /><br />During European morning trade, the greenback was higher against the euro, with EUR/USD shedding 0.29% to hit 1.4178.<br /><br />Earlier in the day, Moody’s Investors Service … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.K. Services PMI Jumps To 13-month High In March

Posted: 05 Apr 2011 01:38 AM PDT

Forex Pros &ndash; Service sector activity in the U.K. rose significantly more-than-expected in March, rising to the highest level in 13 months, industry data showed on Tuesday.<br /><br />In a report, market research group Markit said the seasonally adjusted Markit/CIPS Services Purchasing Managers Index jumped to 57.1 in March, after falling to 52.6 in February.<br /><br />Analysts had expected the index to rise to 52.9 in February. <br /><br />On the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Higher As U.K. Services Data On Tap

Posted: 05 Apr 2011 01:09 AM PDT

Forex Pros &ndash; The pound was higher against the U.S. dollar on Tuesday, but gains were limited ahead of a report on activity in the U.K.&rsquo;s service industries sector later in the day.<br /><br />GBP/USD hit 1.6165 during European morning trade, the daily high; the pair subsequently consolidated at 1.6157, gaining 0.15%.<br /><br />The pair was likely to find support at 1.5970, last Friday&rsquo;s low and short-term resistance at 1.6176, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Euro Zone Final Services PMI Rises Unexpectedly In March

Posted: 05 Apr 2011 01:09 AM PDT

Forex Pros &ndash; The euro zone’s services sector grew more than initially projected in March, rising to a three-and-a-half year high, industry data showed on Tuesday.<br /><br />In a report, the market research group, Markit said the final euro zone services business activity index rose to 57.2 in March, following a preliminary estimate of 56.9.<br /><br />Analysts had expected the index to remain unchanged from a preliminary estimate of 56.9.&nbsp; <br … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Euro-area March Services PMI 57.2; Better Than Expected.

Posted: 05 Apr 2011 01:01 AM PDT

The market had a very limited reaction to the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Yen Weakens Against Dollar After Bernanke Comments

Posted: 05 Apr 2011 12:47 AM PDT

Forex Pros &ndash; The yen was trading close to a six-month low against the U.S. dollar on Tuesday after Federal Reserve Chairman Ben Bernanke said inflation expectations need to be watched &ldquo;extremely closely.&rdquo;<br /><br />USD/JPY hit 84.48 during European morning trade, the pair&rsquo;s highest since Friday; the pair subsequently consolidated at 84.31, gaining 0.31%.<br /><br />The pair was likely to find support at 83.11, last … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Euro-zone Final Services PMI At 4 Am (eastern)

Posted: 05 Apr 2011 12:34 AM PDT

NZD/USD Daily Outlook For April 06, 2011

Posted: 05 Apr 2011 12:32 AM PDT

By ForexMansion.com
 
The New Zealand dollar is still trading in a narrow range between 0.7650 and 0.7710 versus the US dollar, while it reached its highest in more than four months against the yen after New Zealand Finance Minister Bill English said business confidence is likely to "bounce back" and the nation probably doesn't need further interest-rate cuts.
High records achieved by the Australian dollar against the U.S. dollar gave investors the impression that the Australian … [visit site to read more] or compare Best Credit Cards and Best CD Rates

USD/JPY Daily Outlook For April 06, 2011

Posted: 05 Apr 2011 12:31 AM PDT

By ForexMansion.com
 
The pair continues to trade near its highest level since six month, as demand decreased on the Japanese yen as a safe haven after investors confidence increased in the market, pushing them to invest in the higher-yielding currencies.
On the other hand, expectations indicate that the US federal reserve along with the European Central Bank are on there path to raise interest rates, while the BOJ will probably continue its expansion in monetary policy to support the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

AUD/NZD Daily Outlook For April 06, 2011

Posted: 05 Apr 2011 12:31 AM PDT

By ForexMansion.com
 
The New Zealand dollar continues to strengthen against the Australian dollar after the decline shown by AUD against the USD and other major currencies, as the pair confirmed its breaching to the consolidation area that has limited the pair’s movements over the past three weeks.
The RBA decision to set the interest rates at 4.75% beside the first trade deficit in almost a year recorded by the Australian economy in February has significantly helped to reduce the demand … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Crude Oil Daily Outlook For April 05, 2011

Posted: 05 Apr 2011 12:30 AM PDT

By CommoditiesMansion.com
 
Crude oil prices continued to rise on Monday, where oil prices rose above $108 a barrel, the highest level since September 2008, before dropping back as the U.S. session started, where the ongoing political tension in the Arab world, a region rich of oil reserves, boosted crude oil prices amid concerns over the supply of oil from Libya mainly, as the conflict between Colonel Muammar Gaddafi and rebels backed by Coalition Forces continued.
Expectations of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Gold Daily Outlook For April 5, 2011

Posted: 05 Apr 2011 12:29 AM PDT

By CommoditiesMansion.com
 
Gold started Monday's trading in a positive tone, targeting levels at 1,440.00 an ounce, after lack of data from major economies and inflation threats in Europe, lured investors to target safety.
Inflation accelerated to the fastest pace in two-years, according to Euro-Zone's PPI gauge, pushing traders to target gold to hedge against inflation. The sideway trading remains valid ahead of ECB's rate decision (Thursday at 11:45 GMT), which would send the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

USD/CAD Daily Outlook For April 05, 2011

Posted: 05 Apr 2011 12:29 AM PDT

By ForexMansion.com
 
The USD/CAD pair rose on Monday after falling throughout last week, where falling oil prices from their highest level in two and a half years helped the pair rise back to the upside, while lack of economic fundamentals from North America played its role in keeping trading rather calm.
Oil prices rose earlier on Monday amid the ongoing political crisis in Libya, however prices dropped below $108 a barrel.
We should expect the pair to move on Tuesday as the ISM services … [visit site to read more] or compare Best Credit Cards and Best CD Rates

EUR/USD Daily Outlook For April 5, 2011

Posted: 05 Apr 2011 12:28 AM PDT

By ForexMansion.com
 
The EUR/USD pair witnessed calm trading Monday on lack of data that pushed the pair higher just to be influenced by inflation reports from the euro-zone that showed that prices accelerated to the fastest pace in two-year, accordingly, trimming gains and pulling the pair back to trade near the opening levels.
A bearish trend is expected Tuesday where inflation threats may place huge pressure on the ECB to hike rates, where expectations signal that inflation will … [visit site to read more] or compare Best Credit Cards and Best CD Rates

USD/CHF Daily Outlook For April 5, 2011

Posted: 05 Apr 2011 12:27 AM PDT

By ForexMansion.com
 
The Swiss economy lacks fundamentals, where the main highlight will be on US ISM non-manufacturing composite due at 02:00 GMT with expectations referring to a rise to 59.9 in March from 59.7. Also, minutes of FOMC meeting are scheduled to be out at 18:00 GMT.
The dollar advanced against Franc on Friday after the upbeat non-farm payrolls which showed the addition of 216,000 jobs while unemployment dropped to 8.8% from the previous 8.9%, providing strong evidence the US … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Higher After NZ Finance Minister’s Remarks

Posted: 05 Apr 2011 12:23 AM PDT

Forex Pros &ndash; The New Zealand dollar was up against its U.S. counterpart on Tuesday after New Zealand&rsquo;s finance minister said the country probably won&rsquo;t need to lower borrowing costs again after the nation&rsquo;s deadliest earthquake in 80 years.<br /><br />NZD/USD hit 0.7698 during late Asian trade, the daily high; the pair subsequently consolidated at 0.7695, rising 0.20%.<br /><br />The pair was likely to find support at 0.7580, last … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex News – Calm Trading In Markets Amid Lack Of Data, While Oil Rises Above $108

Posted: 05 Apr 2011 12:14 AM PDT

By ForexMansion.com
 
Markets were calm today amid the lack of economic developments around the globe, where most stock indexes fluctuated in Europe and the United States, meanwhile, investors were still focused on the latest developments from Libya, where oil prices rose to the highest level since September 2008 above $108 a barrel.
The U.S. dollar was also little changed as shown by the U.S. Dollar index, nevertheless, we expect markets to go back to normal over the next few days, where … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Natural Gas Technical Analysis For April 5, 2011

Posted: 05 Apr 2011 12:13 AM PDT

By CommoditiesMansion.com

 
Natural Gas had another negative day today, but finished it by forming a bullish hammer based off of a bounce from the $4.20 area. Because of this, it looks like the market may want to bounce around in the range of $4.20 and $4.50 as mentioned last week. Look for bullish pressure to build as we almost certainly will do that. The consolidation should remain however, but with a slight bullish bias as long as were are above the $4 mark.

Originally posted … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Gold Technical Analysis For April 5, 2011

Posted: 05 Apr 2011 12:12 AM PDT

By CommoditiesMansion.com

 
The gold markets continue to be locked in a consolidation area between the $1,410 area, and the $1,450 area. Because of this, it has some appeal to the scalper, which can of course simply buy and sell it in this range. Towards the top – sell it, towards the bottom – buy it. Of course, since the market is in a long-term uptrend, buying is the preferred method of entry. Until one of those levels are broken, direction is sideways.

Originally posted … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Oil Technical Analysis For April 5, 2011

Posted: 05 Apr 2011 12:11 AM PDT

By CommoditiesMansion.com

 
Light Sweet Crude
The CL has broken above the $108 resistance area, and formed a bullish looking hammer right at that mark. Because of this, it looks as if the area might be setting up to become another floor of support in the market. Based upon measuring the consolidation area, this could see a target of $118-$120 a barrel. Shorting this market is unwise.

Brent
The Brent contract behaved in an even clearer manner as it finally broke above the $118 area, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

AUD/NZD Technical Analysis For April 5, 2011

Posted: 05 Apr 2011 12:09 AM PDT

By ForexMansion.com

 
The AUD/NZD pair is currently testing the massive support area at 1.35, which has been very strong recently. At this level, you could be presented with a reasonable buying opportunity as the stop loss could be very small. Breaks below this area send the pair down to the 1.32 area, and possibly lower. A supportive action here simply reaffirms the 1.35 area is vital to this pair.

Originally posted here
Read more about Forex technical analysis, Forex fundamental … [visit site to read more] or compare Best Credit Cards and Best CD Rates

EUR/CHF Technical Analysis For April 5, 2011

Posted: 05 Apr 2011 12:09 AM PDT

By ForexMansion.com

 
The EUR/CHF pair continues to grind upwards, although today printed a negative bar. The fact that it is closing off of the lows shows that there are still plenty of traders willing to buy out there. The pair looks like it will more than likely consolidate between 1.30 and 1.32, with the latter being vital to the sellers. A break above it gets us to 1.33 and 1.35 quickly, while a break below 1.30 sends us back down to the lows.

Originally posted here
Read more … [visit site to read more] or compare Best Credit Cards and Best CD Rates

GBP/USD Technical Analysis For April 5, 2011

Posted: 05 Apr 2011 12:08 AM PDT

By ForexMansion.com

 
The GBP/USD printed a bearish shooting star today, perhaps signaling that it is going to struggle to go northward. Currently stuck in a range above 1.60 to below 1.65, this pair should provide buying opportunities at the 1.60, while maintaining an upward bias. Patience is going to be keep with this one.
 

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 Best CD Rates

EUR/USD Technical Analysis For April 5, 2011

Posted: 05 Apr 2011 12:08 AM PDT

By ForexMansion.com

 
The EUR/USD is currently testing a major weekly down trend line. If we can clear the 1.4250 area, this should kill all hope of a continuing bear market. A failure could send us back down to 1.40, in order to consolidate some more. A break of today's high is a bullish trade sign, a break of the low targets 1.40 and beyond.

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 Best CD Rates

EUR/GBP Technical Analysis For April 5, 2011

Posted: 05 Apr 2011 12:07 AM PDT

By ForexMansion.com

 
The EUR/GBP pair continues to show massive strength as it formed a hammer at the 0.88 level today, perhaps signaling a new floor in the pair. Because of this, selling isn't advised, and may not even be possible. A move to 0.90 seems imminent at this point.

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 Best CD Rates

USD/CHF Technical Analysis For April 5, 2011

Posted: 05 Apr 2011 12:06 AM PDT

By ForexMansion.com

 
USD/CHF continues its consolidation between the 0.92 and 0.93 areas, showing no real conviction as to which direction it wants to go. The trend is clearly down, but the sellers are starting to find real trouble at these levels. Until we get a clear move in one direction or another, this pair is best left alone.

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 Best CD Rates

GBP/JPY Technical Analysis For April 5, 2011

Posted: 05 Apr 2011 12:05 AM PDT

By ForexMansion.com

 
The GBP/JPY continues to look bullish as we printed a doji today right at the high of the massive consolidation area. With this bar the trading signal is simple: A break below the lows means we will fall for the short-term. A break above the highs means we have a trend change as the 135.50 area is proving to be that important. Tomorrow could be a vitally important day for the future of this pair.

Originally posted here
Read more about Forex technical analysis, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Small Cars Drive Sales

Posted: 05 Apr 2011 12:05 AM PDT

The U.S. recorded a 12% rise in light vehicle sales in March, to a seasonally adjusted annual rate (SAAR) of 13.1 million units, driven by a recovering economy and an improving labor market.
The improving employment situation is reassuing buyers, especially young ones, to make first-time car purchases. As many as 216,000 jobs were added during the month, bringing the unemployment rate to a 2-year low of 8.8%.
Soaring gas prices influenced buyers to buy small and fuel efficient vehicles during … [visit site to read more] or compare Best Credit Cards and Best CD Rates

USD/JPY Technical Analysis For April 5, 2011

Posted: 05 Apr 2011 12:04 AM PDT

By ForexMansion.com

 
Looking at this pair, it is obviously overbought. However, today's actions was very tight, and the fact that it was sitting at the top of the massive range impresses traders that think it is going higher. The 85 handle is the last major hurdle on the way to 90 and even 100. The fact that the pair didn't budge is a sign of where it wants to go. Shorting is almost impossible, even if a pullback is likely – as there are at least 5 central banks that are against … [visit site to read more] or compare Best Credit Cards and Best CD Rates

USD/CAD Technical Analysis For April 5, 2011

Posted: 05 Apr 2011 12:03 AM PDT

By ForexMansion.com

 
The USD/CAD has broken down through the 0.97 level, and has retested it today – confirming the break down. Add to that the fact that oil broke out in all markets today and the CAD should continue to rise in value, sending this pair lower. Shorting this pair is almost impossible at this moment. Initial targets will be the big psychological areas like 0.95, 0.90, 0.85, etc.

Originally posted here
Read more about Forex technical analysis, Forex fundamental … [visit site to read more] or compare Best Credit Cards and Best CD Rates

GBP/CHF Technical Analysis For April 5, 2011

Posted: 05 Apr 2011 12:02 AM PDT

By ForexMansion.com

 
The GBP/CHF pair recently has been flirting with the 1.49 resistance area, and has closed the day with a hammer-shaped bar, suggesting that it intends to break through it. Of course, the formation becomes a "hanging man" as soon as the low of the candle gets broken, which would be very bearish indeed. An attempt to break above will be likely, and should be watched. In the mean time, it looks like the 1.48 should be supportive.

Originally posted here
Read more … [visit site to read more] or compare Best Credit Cards and Best CD Rates

AUD/USD Technical Analysis For April 5, 2011

Posted: 05 Apr 2011 12:01 AM PDT

By ForexMansion.com

 
The Aussie continues its move upward, although today printed a negative bar. It should be noted that we are closing well off the lows, and the buying pressure seems destined to continue for the short term. However, a pullback is absolutely needed and would be preferred before entering the market. A nice retest of 1.02 is an excellent area to look for that move to begin from. A break below that level would be very bearish.

Originally posted here
Read more about … [visit site to read more] or compare Best Credit Cards and Best CD Rates

NZD/USD Technical Analysis For April 5, 2011

Posted: 05 Apr 2011 12:01 AM PDT

By ForexMansion.com

 
The NZD/USD pair printed a doji today, and as such could be running out of steam for the short term. When looking at the recent move, this can't be too surprising. A pullback looks likely, but the momentum is still to the upside. A pullback to 0.75 could see massive support there, and present a buying opportunity. 0.78 looks to still be resistive.

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 Best CD Rates

EUR/JPY Technical Analysis For April 5, 2011

Posted: 05 Apr 2011 12:00 AM PDT

By ForexMansion.com

 
The EUR/JPY continues to look bullish, as the pullback from the expected target of 120 happened today – albeit very small. This pair really needs to pullback, and should. But if it continues to break above the 120 level – this would lead to a rush of new buyers. A pullback and buy is what most smart traders are looking for now.

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 Best CD Rates

Forex – AUD/USD Off Record Peak After Trade Balance Enters Deficit

Posted: 04 Apr 2011 11:52 PM PDT

Forex Pros &ndash; The Australian dollar was trading below a record high against its U.S. counterpart on Tuesday, after Australia&rsquo;s trade balance unexpectedly swung to a deficit in February for the first time in almost a year.<br /><br />AUD/USD hit 1.0313 during late Asian trade, the pair&rsquo;s lowest since last Thursday; the pair subsequently consolidated at 1.0332, shedding 0.28%.<br /><br />The pair was likely to find support at 1.0266, last … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Asia Stocks Fall On Japan’s Ongoing Nuclear Crisis; Nikkei Drops 1.1%

Posted: 04 Apr 2011 11:51 PM PDT

Forex Pros &ndash; Asian stock markets were broadly lower on Tuesday, as market sentiment was weighed by ongoing concerns over Japan&rsquo;s deepening nuclear crisis. <br /><br />During late Asian trade, South Korea’s Kospi Composite slumped 0.69%, Japan&rsquo;s Nikkei 225 Index tumbled 1.06%, while Hong Kong’s Hang Seng Index remained closed for a national holiday.<br /><br />Officials at Tokyo Electric Power Company, operator of the Fukushima Daiichi power … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Off Five-month High As ECB Rate Hike Priced In

Posted: 04 Apr 2011 11:30 PM PDT

Forex Pros &ndash; The euro was trading below a five-month high against the U.S. dollar on Tuesday, on the view that expectations for a euro zone interest rate hike later in the week were priced in by investors.<br /><br />EUR/USD hit 1.4170 during late Asian trade, the pair&rsquo;s lowest since Friday; the pair subsequently consolidated at 1.4173, shedding 0.32%.<br /><br />The pair was likely to find support at 1.4114, last Thursday&rsquo;s low and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Australia’s Trade Balance Swings To Deficit In February

Posted: 04 Apr 2011 11:25 PM PDT

Forex Pros &ndash; Australia’s trade balance swung to a surprise deficit in February, official data showed on Tuesday.<br /><br />In a report, the Australian Bureau of Statistics said the trade balance, or difference between imported and exported goods and services, swung to a deficit of AUD0.21 billion in February, compared to a surplus of AUD1.43 billion in January, whose figure was revised down from a surplus of AUD1.88 billion. <br /><br />Economists had expected … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Down During The Asian Session

Posted: 04 Apr 2011 11:20 PM PDT

Forex Pros – The Euro was lower against the U.S. Dollar on Tuesday.<br/><br/> EUR/USD was trading at 1.4182, down 0.26% at time of writing.<br/><br/> The pair was likely to find support at 1.4062, Friday&rsquo;s low, and resistance at 1.4268, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.22% to hit 0.8797 and EUR/JPY rising 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Reserve Bank Of Australia Leaves Interest Rate Unchanged At 4.75%

Posted: 04 Apr 2011 11:17 PM PDT

Forex Pros &ndash; The Reserve Bank of Australia kept its benchmark interest rate unchanged in April, it announced on Tuesday.<br /><br />In a statement, the RBA said it was keeping its benchmark interest rate unchanged at 4.75%, broadly in line with expectations.<br /><br />In its accompanying rate statement the RBA said, &ldquo;Commodity prices, including oil prices, have risen over recent months, pushing up measures of consumer price inflation in many … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Momentum Stock: Cantel Medical Corp.

Posted: 04 Apr 2011 11:05 PM PDT

Cantel Medical Corp. (NYSE:CMN) has been on a roll for the past six months, recently hitting a new multi-year high after reporting a solid Q2 earnings surprise in early March. With the all-time high now in sight and a bullish growth projection, this Zacks #1 rank stock is a solid pick for momentum.
Company Description
Cantel Medical Corp provides infection prevention and control products in the healthcare market and operates in six major segments. The company was founded in 1963 and has a market … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Aggressive Growth Stock: Rogers Corp

Posted: 04 Apr 2011 11:05 PM PDT

Rogers Corp (NYSE:ROG) had a record-setting 2010 and is very optimistic about this year. Analysts have raised estimates and shares are still trading with solid valuations. This Zacks #1 Rank (Strong Buy) has a bright future.
Company Description
Rogers Corp is a specialty materials company with products used in electronics, clean technology, telecomm and other industries.
Exceeded Guidance
On Feb 17 Rogers Corp announced fourth-quarter results that came in ahead of the company’s guidance and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bull Of The Day: Discover Financial Services (DFS)

Posted: 04 Apr 2011 11:05 PM PDT

Discover Financial Services (NYSE:DFS) first quarter earnings were substantially ahead of the Zacks Consensus Estimate. The growth in the loan loss reserve release as well as gains from the payments business drove the credit card sales volumes.
In addition, higher consumer spending and merchant acceptance also contributed to the increase. Recently, Discover also completed the acquisition of Student Loan Corp., which further enhanced its already strong student loan portfolio. The company’s … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bear Of The Day: Universal Tech Institute (UTI)

Posted: 04 Apr 2011 11:05 PM PDT

Universal Technical Institute’s (NYSE:UTI) average enrollment rose 8.5% but dropped 690 basis points sequentially. The rate of fall in the new enrollments accelerated to 13% during the most recent quarter, following a decline of 5% in fourth-quarter 2010.
Management warned that enrollment of new students for fiscal 2011 will be below the prior-year level due to regulations proposed by the Department of Education, and will consequently result in a single-digit revenue growth.
Hence, we maintain our … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Growth & Income Stock: Sunoco Logistics Partners L.P.

Posted: 04 Apr 2011 11:05 PM PDT

Sunoco Logistics Partners L.P. (NYSE:SXL) is an MLP that yields an impressive 5.6%. The partnership has delivered 23 consecutive distribution increases, even throughout 2009 when oil prices plunged.
Based on the Zacks Consensus Estimates, earnings are expected to grow 10% per year for the next two years. It trades at 16.1x forward earnings, a discount to the industry average.
SXL is a Zacks #2 Rank (Buy).
About the Business
Sunoco Logistics Partners L.P. is a master limited partnership that owns … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Down In Asian Trade

Posted: 04 Apr 2011 10:50 PM PDT

Forex Pros – The British Pound was lower against the U.S. Dollar on Tuesday.<br/><br/> GBP/USD was trading at 1.6118, down 0.08% at time of writing.<br/><br/> The pair was likely to find support at 1.5973, Friday&rsquo;s low, and resistance at 1.6177, Monday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.05% to hit 0.8812 and GBP/JPY rising 0.28% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/CHF Down In Asian Trading Hours

Posted: 04 Apr 2011 10:20 PM PDT

Forex Pros – The Euro was lower against the Swiss Franc on Tuesday.<br/><br/> EUR/CHF was trading at 1.3096, down 0.24% at time of writing.<br/><br/> The pair was likely to find support at 1.2933, Thursday&rsquo;s low, and resistance at 1.3186, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and up against the Japanese Yen, with EUR/USD shedding 0.13% to hit 1.4202 and EUR/JPY rising 0.18% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Down During Asian Trade

Posted: 04 Apr 2011 09:50 PM PDT

Forex Pros – The U.S. Dollar was lower against the Swiss Franc on Tuesday.<br/><br/> USD/CHF was trading at 0.9230, down 0.02% at time of writing.<br/><br/> The pair was likely to find support at 0.9127, Thursday&rsquo;s low, and resistance at 0.9340, Friday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.13% to hit 1.4201 and USD/JPY rising 0.34% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/GBP Down During The Asian Session

Posted: 04 Apr 2011 09:20 PM PDT

Forex Pros – The Euro was lower against the British Pound on Tuesday.<br/><br/> EUR/GBP was trading at 0.8803, down 0.15% at time of writing.<br/><br/> The pair was likely to find support at 0.8776, Thursday&rsquo;s low, and resistance at 0.8853, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and up against the Japanese Yen, with EUR/USD shedding 0.19% to hit 1.4193 and EUR/JPY rising 0.15% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Up During Asian Trade

Posted: 04 Apr 2011 08:40 PM PDT

Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Tuesday.<br/><br/> USD/JPY was trading at 84.38, up 0.38% at time of writing.<br/><br/> The pair was likely to find support at 82.57, Thursday&rsquo;s low, and resistance at 84.73, Friday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.15% to hit 1.4199 and GBP/USD falling 0.05% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Up In Asian Trading Hours

Posted: 04 Apr 2011 08:10 PM PDT

Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Tuesday.<br/><br/> USD/CAD was trading at 0.9678, up 0.09% at time of writing.<br/><br/> The pair was likely to find support at 0.9616, Monday&rsquo;s low, and resistance at 0.9730, Thursday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.17% to hit 1.4196 and GBP/USD falling 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Employment Trends Index Increases For 6th Month

Posted: 04 Apr 2011 07:43 PM PDT

The Conference Board Employment Trends Index (ETI) increased in March for the sixth month in a row. The March index rose to 100.9, up from 100.3 in February.  Compared to March last year, the ETI has increased by 8%.

Says Gad Levanon, Associate Director, Macroeconomic Research at The Conference Board: "The Employment Trends Index started signaling acceleration in employment growth late last year, which we are now experiencing. In the last six months, employment excluding construction … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Singapore Stock Market Update For Tuesday 05 April

Posted: 04 Apr 2011 07:40 PM PDT

“Taking a rest is to recharge oneself in order to move further”. Probably that explains how the bulls have been performing as far. Market has been up for 5 consecutive days including today, thanks to good reports from the US side. Strong performance from HK also spur more money pouring into the market!

Market has found its footing at 2900 after March selldown on Japan crisis. Now, market has regained its footing at 3100. Be aware of resistance at 3232 and finally 3300.

Market is on upward … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Down During Asian Trade

Posted: 04 Apr 2011 07:30 PM PDT

Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Tuesday.<br/><br/> AUD/USD was trading at 1.0326, down 0.35% at time of writing.<br/><br/> The pair was likely to find support at 1.0312, Thursday&rsquo;s low, and resistance at 1.0417, Monday&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.16% to hit 1.3746 and AUD/JPY falling 0.03% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Market Summary For Monday, April 4, 2011

Posted: 04 Apr 2011 07:26 PM PDT

Today the stock market indexes finished with mostly unchanged market action on lackluster trading activity. Market breadth came in at ok levels. The support/resistance levels on the DJIA rose slightly (see below). For the S&P 500 the support/resistance levels are unchanged (see below) and we are lowering the resistance level on the Nasdaq Composite but keeping its support level the same (see below). Once again technology was the weakest market sector and the Semiconductor … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Down During The Asian Session

Posted: 04 Apr 2011 07:05 PM PDT

Forex Pros – The Euro was lower against the U.S. Dollar on Tuesday.<br/><br/> EUR/USD was trading at 1.4196, down 0.17% at time of writing.<br/><br/> The pair was likely to find support at 1.4062, Friday&rsquo;s low, and resistance at 1.4268, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.08% to hit 0.8809 and EUR/JPY rising 0.16% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/JPY Up During Asian Trade

Posted: 04 Apr 2011 06:35 PM PDT

Forex Pros – The Euro was higher against the Japanese Yen on Tuesday.<br/><br/> EUR/JPY was trading at 119.75, up 0.18% at time of writing.<br/><br/> The pair was likely to find support at 116.74, Thursday&rsquo;s low, and resistance at 120.06, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the British Pound, with EUR/USD shedding 0.13% to hit 1.4202 and EUR/GBP falling 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
at

No comments:

Post a Comment