DailyMarkets.com - The Japanese Economy Is In Much Bigger Trouble Than Most People Think

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• The Japanese Economy Is In Much Bigger Trouble Than Most People Think
• German Factory Orders Rise Significantly More-than-expected
• Forex – EUR/GBP Extends Gains After Fall In U.K. Industrial Output
• European Stocks Mixed As Banks Decline; DAX Sheds 0.1%
• Euro Zone Final GDP Rises In Line With Expectations In Q4
• Forex Trading: Euro Final GDP (q/q) 0.3% As Expected.
• USD/JPY Daily Outlook For April 07, 2011
• Forex – Dollar Broadly Lower Vs. Rivals As Euro Rallies
• U.K. Manufacturing Production Unexpectedly Flat In February
• Forex – GBP/USD Hits 2-week High On Fresh Rate Hike Hopes
• Forex – NZD/USD Hits 2-month High As Risk Appetite Sharpens
• NZD/USD Daily Outlook For April 07, 2011
• AUD/USD Daily Outlook For April 07, 2011
• AUD/NZD Daily Outlook For April 07, 2011
• EUR/GBP Technical Analysis For April 6, 2011
• GBP/CHF Technical Analysis For April 6, 2011
• USD/JPY Technical Analysis For April 6, 2011
• Forex – AUD/USD Shrugs Off Weak Data, Close To All-time High
• EUR/CHF Technical Analysis For April 6, 2011
• Forex Trading: USD/CHF Tests .92068 Following CPI Reading
• USD/CAD Technical Analysis For April 6, 2011
• AUD/USD Technical Analysis For April 6, 2011
• EUR/JPY Technical Analysis For April 6, 2011
• AUD/NZD Technical Analysis For April 6, 2011
• Oil Technical Analysis For April 6, 2011
• Gold Technical Analysis For April 6, 2011
• Natural Gas Technical Analysis For April 6, 2011
• Crude Oil Daily Outlook For April 06, 2011
• Natural Gas Daily Outlook For April 06, 2011
• USD/CAD Daily Outlook For April 06, 2011
• Forex News – Services Activities Ease In U.S., While Crude Oil Hover Above $108 For Third Consecutive Day.
• Swiss CPI Rises More-than-expected In March
• Halifax U.K. HPI Rises Less-than-expected In March
• Forex – Dollar Hits 6-month High Against Broadly Weaker Yen
• Asia Stocks Mixed On Fed Tightening Worries; Nikkei Sheds 0.32%
• Forex – EUR/USD Surges Ahead Of Expected ECB Rate Hike
• Forex – EUR/USD Up During The Asian Session
• Australian Home Loan Approvals Plunge In February
• Momentum Stock: Brunswick Corp
• Bull Of The Day: Tesoro Corporation (TSO)
• Bear Of The Day: Campbell Soup Co. (CPB)
• Aggressive Growth Stock: SodaStream Intl
• Growth & Income Stock: Novo Nordisk
• Forex – GBP/USD Up In Asian Trade
• Peter Schiff: “Silver Will Rise On Rising Inflation”
• Forex – EUR/CHF Up In Asian Trading Hours
• Looking Ahead To Tomorrow’s Global Session – Wed. April 6th
• Forex – USD/CHF Up During Asian Trade
• Forex – EUR/GBP Up During The Asian Session
• Forex – USD/JPY Up During Asian Trade
• Singapore Stock Market Update For Wednesday 06 April
• EUR/CHF Forming Double Bottom With Resistance At 1.32; 1.38 Is Next?
• Forex – USD/CAD Down In Asian Trading Hours
• Forex – AUD/USD Up During Asian Trade
• NY Fed Model: 1-in-232 Chance Of 2012 Double-Dip
• Forex – EUR/USD Up During The Asian Session
• USD/CHF Technical Analysis For April 6, 2011
• EUR/USD Technical Analysis For April 6, 2011
• Forex – EUR/JPY Up During Asian Trade
• Gold Accelerates To Fresh Highs; Targets 1469, 1490 And 1510
• Forex – GBP/JPY Up During The Asian Session
• Stock Market Summary For Tuesday, April 5, 2011

The Japanese Economy Is In Much Bigger Trouble Than Most People Think Posted: 06 Apr 2011 03:42 AM PDT Now that nearly a month has gone by since the horrific tsunami in Japan on March 11th, it is starting to become clear just how much economic damage has been done.  The truth is that the Japanese economy is in much bigger trouble than most people think.  This is almost certainly going to be the most expensive disaster in Japanese history.  The tsunami that struck Japan on March 11th swept up to 6 miles inland, destroying virtually everything in the way.  Thousands upon thousands of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

German Factory Orders Rise Significantly More-than-expected Posted: 06 Apr 2011 03:08 AM PDT Forex Pros – German factory orders rose significantly more-than-expected in February, increasing for the second consecutive month, official data showed on Wednesday.<br /><br />In a report, Deutsche Bundesbank said factory orders rose by a seasonally adjusted 2.4% in February, after jumping by 3.1% in January, whose figure was revised up from 2.9%.&nbsp; <br /><br />Analysts had expected German factory orders to rise by 0.5% in February.<br /><br />The … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/GBP Extends Gains After Fall In U.K. Industrial Output Posted: 06 Apr 2011 02:27 AM PDT Forex Pros – The euro extended gains against the pound on Wednesday, advancing to a daily high, after British industrial output suffered a shock fall in February, raising doubts over a near-term rate increase by the Bank of England.<br /><br />EUR/GBP hit 0.8785 during European morning trade, the daily high; the pair subsequently consolidated at 0.8779, gaining 0.58%.<br /><br />The pair was likely to find support at 0.8712, Tuesday&rsquo;s low and a eight-day low … [visit site to read more] or compare Best Credit Cards and Best CD Rates

European Stocks Mixed As Banks Decline; DAX Sheds 0.1% Posted: 06 Apr 2011 02:16 AM PDT Forex Pros – European stock markets were mixed on Tuesday, as shares in the financial sector led losses amid persistent fears over the euro zone&rsquo;s debt crisis, while U.S. futures indexes pointed to a higher open on Wall Street. <br /><br />During European morning trade, the EURO STOXX 50 slumped 0.25%, France&rsquo;s CAC 40 dropped 0.5%, while Germany’s DAX 30 edged 0.08% lower.<br /><br />Fears that Portugal was close to seeking outside help to resolve … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Euro Zone Final GDP Rises In Line With Expectations In Q4 Posted: 06 Apr 2011 02:06 AM PDT Forex Pros – The euro zone&rsquo;s economy grew in line with preliminary estimates in the fourth quarter of 2010, official data showed on Wednesday.<br /><br />In a report, Eurostat said the euro zone&rsquo;s gross domestic product rose by a seasonally adjusted 0.3% in the fourth quarter, unchanged from a preliminary estimate. <br /><br />The report also showed that year-on-year, annualized seasonally adjusted GDP rose at a rate of 2.0% in the fourth quarter, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Euro Final GDP (q/q) 0.3% As Expected. Posted: 06 Apr 2011 02:01 AM PDT … [visit site to read more] or compare Best Credit Cards and Best CD Rates

USD/JPY Daily Outlook For April 07, 2011 Posted: 06 Apr 2011 01:44 AM PDT By ForexMansion.com   The dollar extended its rally against the yen and reached a new 6-month high at 85.51.The Japanese yen is facing a strong selling storm that started 3 weeks ago, driving the yen down against all major currencies. Japanese economic data has lost its capacity to influence the movement of the yen, as the selling pressure increased significantly on the Japanese currency; however, the Japanese central bank will hold its meeting this week, which could have a significant … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Dollar Broadly Lower Vs. Rivals As Euro Rallies Posted: 06 Apr 2011 01:39 AM PDT Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Wednesday, as risk appetite sharpened while the euro surged to a 14-month high as investors positioned themselves ahead of an expected euro zone interest rate hike.<br /><br />During European morning trade, the greenback was lower against the euro, with EUR/USD rising 0.51% to hit 1.4295.<br /><br />The European Central Bank was widely expected to raise interest rates on Thursday for the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.K. Manufacturing Production Unexpectedly Flat In February Posted: 06 Apr 2011 01:37 AM PDT Forex Pros – Manufacturing production in the U.K. was unexpectedly flat in February, official data showed on Wednesday.<br /><br />In a report, the U.K. Office for National Statistics said that manufacturing production posted a flat reading in February, after rising by 0.9% in January, whose figure was revised down from a 1% gain.&nbsp;&nbsp; <br /><br />Economists had expected manufacturing production to rise by 0.5% in February.<br /><br />The … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Hits 2-week High On Fresh Rate Hike Hopes Posted: 06 Apr 2011 01:03 AM PDT Forex Pros – The pound rallied to a two-week high against the U.S. dollar on Wednesday, after a surprisingly strong rise in Britain’s services sector rekindled expectations of a near-term rate hike by the Bank of England.<br /><br />GBP/USD hit 1.6363 during early European trade, the pair&rsquo;s highest since March 23; the pair subsequently consolidated at 1.6335, gaining 0.24%.<br /><br />Cable was likely to find support at 1.6090, Monday&rsquo;s low and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Hits 2-month High As Risk Appetite Sharpens Posted: 06 Apr 2011 12:48 AM PDT Forex Pros – The New Zealand dollar rose to a two-month high against its U.S. counterpart on Wednesday, supported by stronger risk sentiment and by the U.S. dollar&rsquo;s strong gains against the yen.<br /><br />NZD/USD hit 0.7746 during late Asian trade, the pair&rsquo;s highest since February 9; th pair subsequently consolidated at 0.7735, gaining 0.68%.<br /><br />The pair was likely to find support at 0.7659, Monday&rsquo;s low and resistance at … [visit site to read more] or compare Best Credit Cards and Best CD Rates

NZD/USD Daily Outlook For April 07, 2011 Posted: 06 Apr 2011 12:39 AM PDT By ForexMansion.com   The New Zealand dollar increased against the US dollar on speculation the Reserve Bank of New Zealand will increase the benchmark interest by 42 basis points over the next 12 months, while New Zealand dollar touched 66.099 yen, the highest level since May. Meanwhile, the New Zealand currency ended its three days of gains versus the Australian dollar after Auckland-based Fonterra Cooperative Group Ltd., the world's largest dairy exporter, said whole milk powder … [visit site to read more] or compare Best Credit Cards and Best CD Rates

AUD/USD Daily Outlook For April 07, 2011 Posted: 06 Apr 2011 12:38 AM PDT By ForexMansion.com   The Aussie rose against the greenback on expectations the Feds will increase the interest rate in the next meeting. Further, Reserve Bank of Australia Governor Glenn Stevens is betting a stronger currency will help contain inflation and allow him to extend an interest-rate pause to help the economy recover from a possible first-quarter slump. The Australian dollar has started its correctional movement on Tuesday session versus the US dollar, which was triggered by the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

AUD/NZD Daily Outlook For April 07, 2011 Posted: 06 Apr 2011 12:37 AM PDT By ForexMansion.com    The pair is trading near its lowest level in 6 weeks, as demand increased for the New Zealand dollar after the bad economic data released by the Australian economy during this week, along with the RBA interest rate decision which did not provide anything new for the markets. The Australian economy recorded its first trade deficit since almost a year, as well as the Reserve Bank of Australia kept the interest rates steady at 4.75% due to concerns about the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

EUR/GBP Technical Analysis For April 6, 2011 Posted: 06 Apr 2011 12:36 AM PDT By ForexMansion.com   The EUR/GBP pair has broken down at the 0.88 level, showing its intention to head back to the 0.86 level as the ECB looks set to hike rate in a couple of days. A break above 0.88 is necessary to even consider a long, and a break below today's lows can be a selling opportunity.  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/CHF Technical Analysis For April 6, 2011 Posted: 06 Apr 2011 12:35 AM PDT By ForexMansion.com   The GBP/CHF pair has broken above the 1.50 level, and much quicker than expected. This shows that the pair has found massive strength, and should continue northward. The pair should pullback, allowing any of you who missed the move a chance to buy – if you are patient. Shorts should only be considered under 1.48 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/JPY Technical Analysis For April 6, 2011 Posted: 06 Apr 2011 12:33 AM PDT By ForexMansion.com   The USD/JPY pair has broken above the 84.50 area, which has served as resistance for quite some time. Because of this, selling is probably not going to be advised for quite some time. Also, a trend change might be considered as well – as there are 5 central banks currently supporting this pair. With the US talking about possible tightening of monetary policy by the end of the year – we might be looking at the carry trade eventually. Originally posted … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Shrugs Off Weak Data, Close To All-time High Posted: 06 Apr 2011 12:32 AM PDT Forex Pros – The Australian dollar was trading close to an all-time high against its U.S. counterpart on Wednesday, rebounding from Tuesday&rsquo;s losses, following China&rsquo;s unexpected interest rate hike.<br /><br />AUD/USD hit 1.0391 during late Asian trade, the pair&rsquo;s highest since Monday; the pair subsequently consolidated at 1.0372, gaining 0.42%.<br /><br />The pair was likely to find support at 1.0287, Tuesday&rsquo;s low and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

EUR/CHF Technical Analysis For April 6, 2011 Posted: 06 Apr 2011 12:31 AM PDT By ForexMansion.com   The EUR/CHF pair has formed a second hammer in a row just under the 1.32 level, and slightly above the 1.30 area. Because of this it looks like the EUR/CHF wants to go higher, and has formed a bit of a base at 1.30. The pair could go sideways for a while longer. Selling under 1.30 is preferred, and buying above 1.32 is acceptable.  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 Trading: USD/CHF Tests .92068 Following CPI Reading Posted: 06 Apr 2011 12:31 AM PDT The Swiss franc made gains against all of the major currencies following a stronger than expected monthly CPI reading. In the case of the franc versus the USD, the pair broke through upward trendline support as well as the 50.0% fibo line and may have found possible support at the 61.8% line. Further momentum could see the pair continue lower in which case our next target would be .91875: a recent … [visit site to read more] or compare Best Credit Cards and Best CD Rates

USD/CAD Technical Analysis For April 6, 2011 Posted: 06 Apr 2011 12:30 AM PDT By ForexMansion.com   The USD/CAD pair has fallen again, and is currently testing our support level near the 0.9620 mark. As the pair popped up yesterday, certainly a lot of traders that missed the move down from 0.97 got involved. Because of this a break down is still considered to be likely, and a buy is not recommended at all. New lows will bring more selling. 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

AUD/USD Technical Analysis For April 6, 2011 Posted: 06 Apr 2011 12:28 AM PDT By ForexMansion.com   The AUD/USD pair fell and is currently finding support at the 1.03 level as traders weren't patient enough to let it retest the 1.02 level. The day formed a hammer, and looks to be ready to continue the move upward. With gold breaking out to new highs today, the Aussie was always going to get a bid. Selling this pair is still impossible, and buying above the high for today is preferred.  Originally posted here Read more about Forex technical analysis, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

EUR/JPY Technical Analysis For April 6, 2011 Posted: 06 Apr 2011 12:28 AM PDT By ForexMansion.com   The EUR/JPY pair has broken above the 120 level, and much quicker than anyone could have anticipated. This shows massive strength, and should erase any ideas of shorting this pair at all. A massive pullback is necessary in order to get involved, however the 120 area could serve as support. Entering up here is simply chasing the trade.  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

AUD/NZD Technical Analysis For April 6, 2011 Posted: 06 Apr 2011 12:27 AM PDT By ForexMansion.com   The AUD/NZD pair has broken below the 1.35 level, which had been very supportive. Because of this, the pair looks to fall further. The pair will try to find support at 1.34, 1.33, and 1.32 as well. The pair is still in a buy only mode as selling would be going against many support levels before a trend change would be inconsideration. A move back above 1.35 would be very bullish. Shorting isn't realistic until we print a 1.29 handle.  Originally posted … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Oil Technical Analysis For April 6, 2011 Posted: 06 Apr 2011 12:26 AM PDT By CommoditiesMansion.com   Light Sweet Crude CL found a little bit of trouble today, as the $108 level continues to effect the trading of this contract. Although the $108 level gave way yesterday, a pullback has happened today, suggesting further buyers are needed to push prices higher. Selling this contract is not advised, as this looks more of a corrective nature than a real move down. A break of $108 again sends us to $110 and beyond. Brent Brent is forming a shooting star today, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Gold Technical Analysis For April 6, 2011 Posted: 06 Apr 2011 12:26 AM PDT By CommoditiesMansion.com   Gold has broken out again today as the commodity moved above the $1,450 level for the first time ever. Because of this break out, there will be no shorting of the metal by anyone wishing to keep their money anytime soon. A measured move has a target of $1,470 at first, but measuring the complete consolidation area from $1,380 to $1,440 has us eventually reaching $1,500 an ounce. Originally posted … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Natural Gas Technical Analysis For April 6, 2011 Posted: 06 Apr 2011 12:24 AM PDT By CommoditiesMansion.com   Natural Gas drifted lower again today as we are currently testing the $4.20 support level. A break below this level sends us down to $4, while supportive action here could send us back to $4.50 or above. Waiting for a daily close that supports the $4.20 level's support is recommended. Shorting under $4 would also set up nicely. Originally posted … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Crude Oil Daily Outlook For April 06, 2011 Posted: 06 Apr 2011 12:22 AM PDT By CommoditiesMansion.com   Crude oil prices continued to rise on Tuesday, where oil prices continued to trade above $108 a barrel, the highest level since September 2008, where the ongoing political tension in the Arab world, a region rich of oil reserves, continued to support oil prices amid concerns over the supply of oil from Libya, since the conflict between Colonel Muammar Gaddafi and rebels backed by Coalition Forces continued, while efforts to end the saga failed, and fights over … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Natural Gas Daily Outlook For April 06, 2011 Posted: 06 Apr 2011 12:21 AM PDT By CommoditiesMansion.com   Natural gas prices extended their drop for a third consecutive day, where warmer than normal weather conditions reduced demand for heating oil, and accordingly, pushing natural gas prices lower. Expectations signal that weather conditions will remain warmer than normal for this time of the year in the mid-Atlantic region, and that should continue to push natural gas prices lower. Originally posted … [visit site to read more] or compare Best Credit Cards and Best CD Rates

USD/CAD Daily Outlook For April 06, 2011 Posted: 06 Apr 2011 12:21 AM PDT By ForexMansion.com   The USD/CAD pair declined on Tuesday, where despite China's decision to hike its benchmark interest rates by 25 basis points, as higher oil prices pushed the USD/CAD pair to the downside. Meanwhile, the ISM released the services index for the month of March, which showed that services activities eased in the United States, however, the index continued to show expansion, moreover, the FOMC Minutes is not expected to change the markets. Wednesday 14:00, Canada will … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex News – Services Activities Ease In U.S., While Crude Oil Hover Above $108 For Third Consecutive Day. Posted: 06 Apr 2011 12:20 AM PDT By ForexMansion.com   Trading continued to be rather calm for a second day, despite China's decision to hike interest rates by 25 basis points, while the drop in the ISM services index had little effects on markets, where the U.S. Dollar dropped against major currencies, while oil prices continued to hover above $108 a barrel. The ISM Non-manufacturing index eased in March to 57.3, compared with the prior estimate of 59.7 and below median estimates of 59.5, nevertheless, the services … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Swiss CPI Rises More-than-expected In March Posted: 06 Apr 2011 12:18 AM PDT Forex Pros – Consumer price inflation in Switzerland rose more-than-expected in March, official data showed on Wednesday.<br /><br />In a report, the Swiss Federal Statistics Office said consumer price inflation rose by 0.6% in March, after rising by 0.4% in February. <br /><br />Analysts had expected Swiss CPI to rise by 0.2% in March. <br /><br />The report said that the year-over-year rate of inflation rose at an annualized 1.0% in March, compared to an … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Halifax U.K. HPI Rises Less-than-expected In March Posted: 06 Apr 2011 12:07 AM PDT Forex Pros – British house prices rose slightly less-than-expected in March, industry data showed on Wednesday.<br /><br />In a report, the Halifax Bank of Scotland said its House Price Index rose by 0.1% in March, after falling by -0.9% in February. <br /><br />Economists expected the index to rise by 0.2% in March.<br /><br />The report showed that U.K. house prices fell by -2.9% in the first quarter after declining by 2.9% in the preceding quarter, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Dollar Hits 6-month High Against Broadly Weaker Yen Posted: 06 Apr 2011 12:02 AM PDT Forex Pros – The yen tumbled to its lowest level in six-months against the U.S. dollar on Wednesday, as the Bank of Japan began its two-day policy meeting and amid the country&rsquo;s ongoing nuclear crisis.<br /><br />USD/JPY hit 85.52 during late Asian trade, the pair&rsquo;s highest since September 24; the pair subsequently consolidated at 85.32, gaining 0.54%.<br /><br />The pair was likely to find support at 83.85, Monday&rsquo;s low and resistance at … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Asia Stocks Mixed On Fed Tightening Worries; Nikkei Sheds 0.32% Posted: 05 Apr 2011 11:50 PM PDT Forex Pros – Asian stock markets were mixed on Wednesday, amid concerns over monetary tightening by the Federal Reserve, while shares in metal producers performed strongly after gold prices rose to an all-time high.<br /><br />During late Asian trade, Hong Kong’s Hang Seng Index climbed 0.32%, South Korea’s Kospi Composite fell 0.17%, while Japan&rsquo;s Nikkei 225 Index shed 0.32% <br /><br />The minutes of March&rsquo;s Federal Reserve policy meeting released … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Surges Ahead Of Expected ECB Rate Hike Posted: 05 Apr 2011 11:40 PM PDT Forex Pros – The euro surged to multi-month highs against the U.S. dollar on Wednesday, as markets positioned themselves for a widely expected rate hike by the European Central Bank later in the week.<br /><br />EUR/USD hit 1.428 during late Asian trade, the pair&rsquo;s highest since November 4; the pair subsequently consolidated at 1.4272, advancing 0.35%.<br /><br />The pair was likely to find support at 1.4114, last Thursday&rsquo;s low and resistance at … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Up During The Asian Session Posted: 05 Apr 2011 11:20 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4271, up 0.34% at time of writing.<br/><br/> The pair was likely to find support at 1.4062, Friday&rsquo;s low, and resistance at 1.4281, today&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.05% to hit 0.8732 and EUR/JPY rising 0.88% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Australian Home Loan Approvals Plunge In February Posted: 05 Apr 2011 11:18 PM PDT Forex Pros – The number of Australian new home loan approvals fell significantly more-than-expected in February, official data showed on Wednesday.<br /><br />In a report the Australian Bureau of Statistics said the number of home loans granted fell by a seasonally adjusted -5.6% in February, after tumbling by -6.3% in January, whose figure was revised from a decline of -4.5%. <br /><br />Analysts had expected the number of home loans granted to fall by -2.6% in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Momentum Stock: Brunswick Corp Posted: 05 Apr 2011 11:05 PM PDT Brunswick Corp (NYSE:BC) has been hot for the last months, jumping from $16 in early December to a recent multi-year high above $26. With four consecutive earnings surprises and a bullish growth projection, this Zacks #1 rank stock throws a recreational twist into the momentum faction. Company Description Brunswick Corp operates as a diversified recreation products company, specializing in products like boats, boat engines, billiards and fitness programs worldwide. The company was founded in 1844 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bull Of The Day: Tesoro Corporation (TSO) Posted: 05 Apr 2011 11:05 PM PDT Supported by continued favorable trends in the refining industry, along with its initiatives to improve reliability and reduce operating costs, we are maintaining our Outperform recommendation on Tesoro Corp. (NYSE:TSO) shares. We are optimistic about the sector given the improvement in economic activity overseas and prospects for stronger fuel demand in the domestic market. Additionally, we believe Tesoro’s strategic actions to improve its performance and competitiveness in a cost-effective … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bear Of The Day: Campbell Soup Co. (CPB) Posted: 05 Apr 2011 11:05 PM PDT Campbell Soup Co. (NYSE:CPB) posted second-quarter 2011 earnings of $0.71 that remained in line with the Zacks Consensus Estimate but declined 4% from the prior-year period. Due to sluggish demand in the U.S., the sales of U.S. Soup, Sauces and Beverages division and North America Food Services division inched down 4% and 1%, respectively. Moreover, Campbell is highly leveraged, which could adversely affect its credit worthiness and make it more susceptible to macro-economic factors and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Aggressive Growth Stock: SodaStream Intl Posted: 05 Apr 2011 11:05 PM PDT SodaStream Intl (SODA) is still hot after its recent IPO and its outlook is looking pretty fruitful. Estimates for this Zacks #1 Rank (Strong Buy) are showing excellent growth rates, but are the expectations too lofty? Company Description SodaStream is headquartered in Israel and makes home beverage carbonation systems. The company’s countertop unit quickly carbonates tap water which you can then add any number of syrups to, creating soda in your kitchen. SodaStream emphasizes its minimal … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Growth & Income Stock: Novo Nordisk Posted: 05 Apr 2011 11:05 PM PDT Novo Nordisk (NYSE:NVO) recently gave a bullish outlook for 2011, prompting analysts to revise their estimates higher. It is a Zacks #2 Rank (Buy) stock. Analysts expect strong double-digit earnings growth from NVO over the next two years. The company also has a strong financial profile and has been rewarding shareholders with stock buybacks and dividend increases. It currently yields 1.1%. Company Description Novo Nordisk is a leader in insulin and diabetes care and also manufactures and markets … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Up In Asian Trade Posted: 05 Apr 2011 10:50 PM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Wednesday.<br/><br/> GBP/USD was trading at 1.6330, up 0.21% at time of writing.<br/><br/> The pair was likely to find support at 1.5973, Friday&rsquo;s low, and resistance at 1.6338, today&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.03% to hit 0.8731 and GBP/JPY rising 0.74% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Peter Schiff: “Silver Will Rise On Rising Inflation” Posted: 05 Apr 2011 10:26 PM PDT Schiff says the Fed is behind the curve on keeping interest rates high enough to combat inflation, therefore expect precious metals to keep … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/CHF Up In Asian Trading Hours Posted: 05 Apr 2011 10:20 PM PDT Forex Pros – The Euro was higher against the Swiss Franc on Wednesday.<br/><br/> EUR/CHF was trading at 1.3204, up 0.33% at time of writing.<br/><br/> The pair was likely to find support at 1.3017, Friday&rsquo;s low, and resistance at 1.3242, today&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.27% to hit 1.4260 and EUR/JPY rising 0.84% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Looking Ahead To Tomorrow’s Global Session – Wed. April 6th Posted: 05 Apr 2011 09:55 PM PDT Cross Market Check from Tuesday's Session: Equities – For Tuesday's global session, stocks in Europe traded down most of the day buy pared losses and closed mainly flat. In the US, stocks that were higher during most of the day pared their gains to end flat.  In Europe attention again focused on sovereign debt concerns – as Portugal was downgraded yet again by Moody's. In the US, a poor ISM non-manufacturing report weakened the USD – and kept a lid on equity gains. Commodities … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Up During Asian Trade Posted: 05 Apr 2011 09:50 PM PDT Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Wednesday.<br/><br/> USD/CHF was trading at 0.9260, up 0.07% at time of writing.<br/><br/> The pair was likely to find support at 0.9188, Friday&rsquo;s low, and resistance at 0.9340, Friday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and up against the Japanese Yen, with EUR/USD gaining 0.25% to hit 1.4258 and USD/JPY rising 0.58% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/GBP Up During The Asian Session Posted: 05 Apr 2011 09:20 PM PDT Forex Pros – The Euro was higher against the British Pound on Wednesday.<br/><br/> EUR/GBP was trading at 0.8731, up 0.03% at time of writing.<br/><br/> The pair was likely to find support at 0.8715, Tuesday&rsquo;s low, and resistance at 0.8844, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.29% to hit 1.4263 and EUR/JPY rising 0.91% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Up During Asian Trade Posted: 05 Apr 2011 08:40 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Wednesday.<br/><br/> USD/JPY was trading at 85.33, up 0.55% at time of writing.<br/><br/> The pair was likely to find support at 83.37, Friday&rsquo;s low, and resistance at 85.52, today&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.29% to hit 1.4264 and GBP/USD rising 0.24% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Singapore Stock Market Update For Wednesday 06 April Posted: 05 Apr 2011 08:31 PM PDT Market likely to take a breather before running further. Below are some picks selected for short term trading. Short term trading opportunities UOB enter 19.12 SL 18.82 City Development enter 11.78 SL 11.54 Ramba energy enter 0.625 SL 0.575 Mid term trading positions Sembcorp enter 5.23 SL 4.73 (trail at 4.89) Kepcorp enter 12.56 SL 11.24 (trail at … [visit site to read more] or compare Best Credit Cards and Best CD Rates

EUR/CHF Forming Double Bottom With Resistance At 1.32; 1.38 Is Next? Posted: 05 Apr 2011 08:30 PM PDT Setups in Euro Currency Pairs (3.28 Video) EUR/CHF Short and Medium Term- The EUR/CHF indeed reached our target of 1.32.This is an area of resistance and if the market can break above it, the chart in the daily time-frame will show a double bottom. - The target for a double bottom using the width of the pattern projected in the direction of the breakout is 1.40. We should expect resistance at 1.38 pivot as well. - Note also that breaking above 1.32 also breaks above the 200SMA, and pushes the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Down In Asian Trading Hours Posted: 05 Apr 2011 08:10 PM PDT Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Wednesday.<br/><br/> USD/CAD was trading at 0.9628, down 0.10% at time of writing.<br/><br/> The pair was likely to find support at 0.9616, Monday&rsquo;s low, and resistance at 0.9702, Friday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.26% to hit 1.4259 and GBP/USD rising 0.22% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Up During Asian Trade Posted: 05 Apr 2011 07:30 PM PDT Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Wednesday.<br/><br/> AUD/USD was trading at 1.0363, up 0.33% at time of writing.<br/><br/> The pair was likely to find support at 1.0289, Tuesday&rsquo;s low, and resistance at 1.0417, Monday&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.08% to hit 1.3760 and AUD/JPY rising 1.00% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

NY Fed Model: 1-in-232 Chance Of 2012 Double-Dip Posted: 05 Apr 2011 07:14 PM PDT The New York Federal Reserve updated its “Probability of U.S. Recession Predicted by Treasury Spread” yesterday with treasury yield data through March 2011, and the Fed’s recession probability forecast through March 2012. The NY Fed’s Treasury model uses the spread between the yields on 10-year Treasury notes (3.41% in March) and 3-month Treasury bills (0.10%) to calculate the probability of a U.S. recession up to twelve months ahead (see details here). The Fed’s model (data here) shows that … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Up During The Asian Session Posted: 05 Apr 2011 07:05 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4263, up 0.29% 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 up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.06% to hit 0.8733 and EUR/JPY rising 0.99% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

USD/CHF Technical Analysis For April 6, 2011 Posted: 05 Apr 2011 07:03 PM PDT By ForexMansion.com   The USD/CHF pair fell and bounced right back up off of the 0.92 level today. The 0.92 is starting to look rather supportive, and if it stays so – this pair could find upward momentum for the short term. As the global markets are looking a bit stronger, it is possible the Franc will fall in general. A break below the 0.92 mark is a clear sell signal, while a move above 0.9350 has buyers stepping in.  Originally posted here Read more about Forex technical … [visit site to read more] or compare Best Credit Cards and Best CD Rates

EUR/USD Technical Analysis For April 6, 2011 Posted: 05 Apr 2011 06:53 PM PDT By ForexMansion.com   The EUR/USD pair has formed a bullish hammer directly after forming a bearish shooting star. Because of this, it looks like confusion will reign until the ECB has its interest rate hike and statement on Thursday. This pair does look to have a bullish bias to it at the moment, but there is a long tradition of selling the news when these things come about. Also, the rate statement will be vital to decide the future direction of the Euro. If there is no mention of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/JPY Up During Asian Trade Posted: 05 Apr 2011 06:35 PM PDT Forex Pros – The Euro was higher against the Japanese Yen on Wednesday.<br/><br/> EUR/JPY was trading at 121.51, up 0.67% at time of writing.<br/><br/> The pair was likely to find support at 118.04, Friday&rsquo;s low, and resistance at 121.56, 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 0.12% to hit 1.4239 and EUR/GBP falling 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Gold Accelerates To Fresh Highs; Targets 1469, 1490 And 1510 Posted: 05 Apr 2011 06:01 PM PDT Gold's Bullish Targets…(4/4) Gold (XAU/USD) Short Term - The 1H chart of gold shows the market in a strong push above the previous pivot near 1439, then breaking above 1447 high to set fresh all time high at 1457. - This completes a 100% expansion of the rally from near 1415 to 1439. Further expansion can take the market towards 1469(150% expansion). - The RSI in the 1H chart is back to bullish after sideways action, and if the RSI remains above 40, preferably above 50, the market … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/JPY Up During The Asian Session Posted: 05 Apr 2011 05:45 PM PDT Forex Pros – The British Pound was higher against the Japanese Yen on Wednesday.<br/><br/> GBP/JPY was trading at 138.88, up 0.43% at time of writing.<br/><br/> The pair was likely to find support at 133.59, Friday&rsquo;s low, and resistance at 138.91, today&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the U.S. Dollar and the Euro, with GBP/USD gaining 0.17% to hit 1.6324 and EUR/GBP falling 0.03% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Market Summary For Tuesday, April 5, 2011 Posted: 05 Apr 2011 01:23 PM PDT After opening lower stocks traded the majority of today’s session positive but gave back most of the gains in the last few hours of trading. Investor participation picked up but remains below average compared to recent trends. Market breadth came in at ok levels. Based on the stock market direction we are keeping the support levels the same on the S&P 500 and Nasdaq Composite (see below). However, we are lowering the resistance level on the S&P 500 but raising it on the Nasdaq Composite … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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