DailyMarkets.com - U.K. CBI Industrial Order Expectations Tumble In April

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• U.K. CBI Industrial Order Expectations Tumble In April
• Forex – EUR/GBP Extends Gains After Spanish Debt Auction
• Forex – Dollar Tumbles To New All-time Low Against Swiss Franc
• European Stocks Advance As UBS Rallies; DAX Up 0.4%
• Forex Trading: USD/CHF Making New Lows
• Gold Technical Analysis April 26, 2011
• Forex – Dollar Down Across The Board As Fed Meeting In Focus
• Forex – GBP/USD Erases Losses As Fed Meeting Looms
• Gold Technical Analysis For April 26, 2011
• NZD/USD Technical Analysis For April 26, 2011
• Forex – USD/JPY Hits 1-month Low As Fed Policy Meeting Awaited
• USD/CAD Technical Analysis For April 26, 2011
• USD/JPY Technical Analysis For April 26, 2011
• GBP/USD Technical Analysis For April 26, 2011
• GBP/JPY Technical Analysis For April 26, 2011
• GBP/CHF Technical Analysis For April 26, 2011
• EUR/CHF Technical Analysis For April 26, 2011
• EUR/GBP Technical Analysis For April 26, 2011
• Forex – NZD/USD Edges Higher As Fed Meeting In Focus
• AUD/USD Technical Analysis For April 26, 2011
• Crude Oil Fundamental Analysis For April 26, 2011
• USD/CAD Fundamental Analysis For April 26, 2011
• GBP/USD Fundamental Analysis For April 26, 2011
• EUR/USD Fundamental Analysis For April 26, 2011
• USD/CHF Fundamental Analysis For April 26, 2011
• USD/JPY Fundamental Analysis For April 26, 2011
• NZD/USD Daily Fundamental Analysis For April 26, 2011
• AUD/USD Daily Fundamental Analysis For April 26, 2011
• Forex – AUD/USD Dips As Markets Await Fed Policy Meeting
• AUD/NZD Fundamental Analysis For April 26, 2011
• Forex News – Limited Movements On Easter Monday
• Forex News – U.S. Stocks Mixed At Opening, While Gold And Oil Retreat From Record Highs.
• My Play On GBPUSD
• Forex Trading: USD/CAD Showing Hourly Consolidation
• Asia Stocks Fall On Downbeat Earnings; Nikkei Drops 1.17%
• Forex – EUR/USD Slips To 4-day Low After Trichet Comments
• Swiss Trade Surplus Narrows More-than-expected In March
• USD/CAD In An ABC Correction After A 5-wave Decline
• Earnings Preview: Newell Rubbermaid
• Bear Of The Day: Morgan Stanley (MS)
• Momentum Stock: BRF Brazil Food SA
• Growth & Income Stock: AAR CORP
• Bull Of The Day: Wynn Resorts, Ltd. (WYNN)
• Aggressive Growth Stock: Titan Machinery
• Forex – EUR/USD Down During The Asian Session
• Silver Spooked At 50.00 And Reverses Sharply
• Singapore Stock Market Update For Tuesday 26 April
• Forex – GBP/USD Down In Asian Trade
• EUR/JPY Technical Analysis For April 26, 2011
• Forex – EUR/CHF Down In Asian Trading Hours
• Forex – USD/CHF Up During Asian Trade
• Forex – EUR/GBP Down During The Asian Session
• Forex – USD/JPY Down During Asian Trade
• Crude Oil, Gold And Silver Set Sights On US Yields Ahead Of 2-Year Bond Sale
• Forex – USD/CAD Down In Asian Trading Hours
• Forex – AUD/USD Down During Asian Trade
• Forex – EUR/USD Down During The Asian Session
• Monday Map: State Income Tax Rates
• Forex – EUR/JPY Down During Asian Trade
• P.J. O’Rourke: Irish Setter Dad
• Bullish Set-up Seen On Ayala Corporation (AC)
• Stock Market Summary For Monday, April 25, 2011
• A Peak Oil Warning

U.K. CBI Industrial Order Expectations Tumble In April Posted: 26 Apr 2011 03:10 AM PDT Forex Pros – U.K. industrial order expectations fell significantly more-than-expected in April, retreating from March&rsquo;s three-year high, industry data showed on Tuesday.<br /><br />In a report, the Confederation of British Industry said its index of industrial order expectations declined to -11.0 in April, compared to reading of 5.0 in March, which was the highest since March 2008. <br /><br />Analysts had expected the index to ease down to 4.0 in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Extends Gains After Spanish Debt Auction Posted: 26 Apr 2011 02:58 AM PDT Forex Pros – The euro extended gains against the pound on Tuesday, climbing to a three-day high after an auction of Spanish government debt met with strong demand, easing concerns that the country may be the next euro zone member to seek a bailout.<br /><br />EUR/GBP hit 0.8876 during European morning trade, the pair&rsquo;s highest since April 21; the pair subsequently consolidated at 0.8867, gaining 0.32%.<br /><br />The pair was likely to find support at 0.8799, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Tumbles To New All-time Low Against Swiss Franc Posted: 26 Apr 2011 02:22 AM PDT Forex Pros – The broadly weaker U.S. dollar tumbled to a fresh record low against the Swiss franc on Tuesday, while official data showed that growth in Swiss exports slowed in March, weighed by the stronger franc.<br /><br />USD/CHF hit 0.8746 during European morning trade, the pair&rsquo;s all-time low; the pair subsequently consolidated at 0.8755, shedding 0.63%.<br /><br />The pair was likely to find short-term support at 0.8650 and resistance at 0.8891, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Stocks Advance As UBS Rallies; DAX Up 0.4% Posted: 26 Apr 2011 02:12 AM PDT Forex Pros – European stock markets advanced on Tuesday, as strong corporate earnings results from Swiss banking giant UBS boosted shares in the financial sector, while U.S. futures indexes pointed to a higher open on Wall Street. <br /><br />During European morning trade, the EURO STOXX 50 climbed 0.5%, France&rsquo;s CAC 40 rose 0.45%, while Germany’s DAX 30 advanced 0.4%.<br /><br />Switzerland&rsquo;s largest bank UBS saw shares rally 5.8% after it reported … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: USD/CHF Making New Lows Posted: 26 Apr 2011 02:09 AM PDT The USD/CHF is once again making new lows after moving through the old low of .87712 on the hourly chart. Note: these are all time lows. The pair had tested the .87712 three times in the past day before making a break lower. From a daily perspective, this .8760 level is testing bearish channel support which we have been seeing recently. A close below this line could be a signal for further bearish … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Technical Analysis April 26, 2011 Posted: 26 Apr 2011 01:38 AM PDT By CommoditiesMansion.com Gold formed a "spinning top" today, but is still above the $1,500 mark. This shows how strong this market remains, and that it is a buy only type of situation. The market looks like it wants to pullback based upon the candlestick, but this should only provide a buying opportunity in this commodity as more buyers will certainly be interested at $1,500 and the $1,475-$1,480 area. Originally posted here Read more about commodities technical analysis, commodities … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Down Across The Board As Fed Meeting In Focus Posted: 26 Apr 2011 01:32 AM PDT Forex Pros – The U.S. dollar was lower against its all of its major counterparts on Tuesday, weakened by the perception the U.S. Federal Reserve is unlikely to tighten the bank’s policy in the immediate future.<br /><br />During European morning trade, the greenback was lower against the euro, with EUR/USD easing up 0.13% to hit 1.4600.<br /><br />Earlier in the day, European Central Bank President Jean-Claude Trichet said he &ldquo;entirely&rdquo; shared the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Erases Losses As Fed Meeting Looms Posted: 26 Apr 2011 01:18 AM PDT Forex Pros – The pound erased early losses against the U.S. dollar on Tuesday, rebounding from a three-day low ahead of a critical policy meeting by the U.S. Federal Reserve.<br /><br />GBP/USD clawed back up from 1.6438, the pair&rsquo;s lowest since April 21, to hit 1.6524 during European morning trade, gaining 0.16%.<br /><br />Cable was likely to find support at 1.6384, the low of April 21 and resistance at 1.6597, the high of April 21 and a 16-month … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Technical Analysis For April 26, 2011 Posted: 26 Apr 2011 12:56 AM PDT By CommoditiesMansion.com   Gold formed a "spinning top" today, but is still above the $1,500 mark. This shows how strong this market remains, and that it is a buy only type of situation. The market looks like it wants to pullback based upon the candlestick, but this should only provide a buying opportunity in this commodity as more buyers will certainly be interested at $1,500 and the $1,475-$1,480 area. Originally posted here Read more about commodities technical analysis, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD Technical Analysis For April 26, 2011 Posted: 26 Apr 2011 12:55 AM PDT By ForexMansion.com   The NZD/USD pair fell today, but found support at the 0.80 level, a former major resistance area. This is good for the bulls, but if you are not in this pair right now, this is a perfect example of a market move that you missed. Buying at these levels is simply out of the question based upon the large move over the last few months. Look for significant pullbacks in order to buy this pair, perhaps at 0.78 or even 0.75 as well. Originally posted here Read more … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Hits 1-month Low As Fed Policy Meeting Awaited Posted: 26 Apr 2011 12:53 AM PDT Forex Pros – The U.S. dollar slipped to a one-month low against the yen on Tuesday, ahead of a key Federal Reserve two-day policy meeting set to begin later in the day.<br /><br />USD/JPY hit 81.57 during early European trade, the pair&rsquo;s lowest since March 28; the pair subsequently consolidated at 81.68, slipping 0.17%.<br /><br />The pair was likely to find support at 80.86, the low of March 23 and resistance at 82.59, the high of April 21.<br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Technical Analysis For April 26, 2011 Posted: 26 Apr 2011 12:51 AM PDT By ForexMansion.com   The USD/CAD pair had a bullish day today, rising from the bottom in a fairly strong fashion. It should be noted that we did rise above the recent hammer highs, and this is actually a bullish signal. But this pair has been in such a downtrend, it is still thought of as a "sell on the rallies" type of pair. Also, it should be noted that there is a bit of resistance in the 0.9550 area that has held so far. Selling a rally, or perhaps selling as we make new lows … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Technical Analysis For April 26, 2011 Posted: 26 Apr 2011 12:50 AM PDT By ForexMansion.com   The USD/JPY pair fell today, and looks fairly weak at the moment. However, the central banks are below, and willing to buy it. The 80-81 level continues to hold so far, and as such there is still hope for the bulls in this pair. Any break below that area will certainly get the attention of the CB's, and could spell danger for shorts. Look for support at 80, and then perhaps buy it up for the longer-term. Originally posted here Read more about forex technical … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/USD Technical Analysis For April 26, 2011 Posted: 26 Apr 2011 12:47 AM PDT By ForexMansion.com   The GBP/USD pair fell today, showing signs of weakness for the first time in a while. However, there is a decent support area directly below in the form of the 1.64 level. The pair may drift lower to find it, but could begin to attract new buyers at that level. Certainly selling isn't the way to go. Buy on pullbacks, just as you should have been doing for over a year now. 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

GBP/JPY Technical Analysis For April 26, 2011 Posted: 26 Apr 2011 12:41 AM PDT By ForexMansion.com   The GBP/JPY pair fell today, and fell somewhat hard. It is still in the same range it has been stuck in for a week now, but this bar is looking more and more red as the day goes on. The pair should see significant support under it however. Remember, the 135-135.50 area was vital as resistance before, and we may simply be seeing a pullback to retest it. The central banks are below, and traders are certainly aware of this. Look to buy on signs of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/CHF Technical Analysis For April 26, 2011 Posted: 26 Apr 2011 12:23 AM PDT By ForexMansion.com   The GBP/CHF pair continues to slide, testing the all-important 1.45 mark today. This area has served as support, and continues to do so, even though the market did penetrate it earlier. The pair bounced back up, and shows that it might not be ready to fall yet. The trend is certainly down, and that is the preferred direction. However, as long as 1.45 is in the way, the possibility of a bull move is still there. Originally posted here Read more about forex … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/CHF Technical Analysis For April 26, 2011 Posted: 26 Apr 2011 12:21 AM PDT By ForexMansion.com   The EUR/CHF pair fell today, and is currently testing the 1.28 level – a place that has been somewhat supportive in the past. Because of this, a bounce is certainly possible. The truth about this pair is at the moment – it looks tired and somewhat confused. Long-term it is in a downtrend, but the recent action suggests that we may be entering more consolidation. Look for the fight to begin between the 1.27 and 1.30 areas. Originally posted here Read more … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/GBP Technical Analysis For April 26, 2011 Posted: 26 Apr 2011 12:20 AM PDT By ForexMansion.com   The EUR/GBP pair continues to muddle around the 0.88 mark, printing a green candle today. The pair seems to be stuck at the moment, and this market is going to be tough to trade until some certainty is introduced in the market. The pair is currently stuck in a 70 pip range or so, and is just sitting there. This market is probably one to avoid until a significant move in one direction or the other happens. Originally posted here Read more about forex technical … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Edges Higher As Fed Meeting In Focus Posted: 26 Apr 2011 12:20 AM PDT Forex Pros – The New Zealand dollar edged higher against its U.S. counterpart on Tuesday, trading close to a three-year high, ahead of a two-day Federal Reserve policy meeting, starting later in the day.<br /><br />NZD/USD hit 0.8015 during late Asian trade, the daily high; the pair subsequently consolidated at 0.8001, easing up 0.10%.<br /><br />The pair was likely to find support at 0.7879, the low of April 20 and short-term resistance at 0.8036, Monday&rsquo;s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/USD Technical Analysis For April 26, 2011 Posted: 26 Apr 2011 12:19 AM PDT By ForexMansion.com   The AUD/USD pair fell today, but has found the 1.07 area as supportive for the moment. Although this is a good sign, this pair desperately needs a pullback, and today was the first sign of one. If we can pullback and find supportive action around the 1.05 area – this would get us interested in buying again. Originally posted here Read more about forex technical analysis, forex fundamental analysis and forex news on ForexMansion.com About … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Fundamental Analysis For April 26, 2011 Posted: 26 Apr 2011 12:11 AM PDT By CommoditiesMansion.com   Crude oil prices retreated on Monday after rising to the highest level since September 2008, where oil prices rose earlier to hit $113.55 a barrel amid the dollar's weakness and renewed fears from the tension in the Middle East and North Africa, yet the lack of news in markets pushed oil prices lower again. The general trend for crude oil prices remain to the upside, although some fears over the outlook of global growth continue to weigh down on sentiment in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Fundamental Analysis For April 26, 2011 Posted: 26 Apr 2011 12:10 AM PDT By ForexMansion.com   The USD/CAD pair rose on Monday after falling earlier in the day, where falling commodity prices pushed the USD/CAD pair to the upside, noting that the pair was lower earlier on Monday as gold and oil hit new record highs, while the U.S. new home sales rose slightly above expectations in March. The USD/CAD pair will probably continue to drop over the upcoming period, although we don't exclude to witness some upside correctional movements, but the general trend … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/USD Fundamental Analysis For April 26, 2011 Posted: 26 Apr 2011 12:10 AM PDT By ForexMansion.com   The GBP/USD started the week with heavy volatility and fluctuations ahead of a busy week for both nations, while trading volumes remained tight with UK markets out on Easter Monday. UK returns to the market on Tuesday with calmness as investors focus on the fundamentals ahead. The UK economy is to report the first quarter GDP this week amid high skepticism as investors feel that the expansion might miss projections as the recovery lost momentum and especially … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/USD Fundamental Analysis For April 26, 2011 Posted: 26 Apr 2011 12:09 AM PDT By ForexMansion.com   The EUR/USD started the week with some stability with the absence of major movements on Monday, where major European markets were still out on Easter Monday.    The focus this week remains on interest rate bets with a number of central banks announcing their rate decisions, and most importantly the Federal Reserve. The expectations for the Feds to remain muted on the case for further monetary tightening will bolster the gains for the euro and likely remain … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CHF Fundamental Analysis For April 26, 2011 Posted: 26 Apr 2011 12:08 AM PDT By ForexMansion.com   The USD/CHF continues to trade around record lows as swissy extends the gains versus the weak greenback. With calm thin trading on Easter Monday the market remained mixed and investors focused on the week ahead and the heavy data which might increase uncertainty. Risk aversion eased last week but swissy's gains remained evident with some demanding the franc for hedge against the slumping dollar as well against the high uncertainty in the market. Heavy data await the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Fundamental Analysis For April 26, 2011 Posted: 26 Apr 2011 12:04 AM PDT By ForexMansion.com   The USD/JPY pair dropped last week to 81.61 levels with the return of strong risk appetite to the market and increased demand for higher-yielding assets. Japan and U.S. are not expected to shift to monetary tightening, so the yen and greenback will lose more momentum against other currencies. The Japanese currency weakened with the beginning of this week, as the Bank of Japan is expected to maintain its stimulus package this week, while other central banks started to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD Daily Fundamental Analysis For April 26, 2011 Posted: 26 Apr 2011 12:03 AM PDT By ForexMansion.com   The NZD/USD continues to trade with an upside bias to the strength of kiwi amid a strong risk appetite and a positive outlook for commodities which is also accompanied by prevailing dollar weakness. The Reserve Bank of New Zealand will delay raising interest rate till the second half of 2011. Consumer spending and home sales remain weak due to the worst earthquake in 8 decades that hit the economy by the end of last year, encouraged policy makers to keep rates low to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/USD Daily Fundamental Analysis For April 26, 2011 Posted: 26 Apr 2011 12:02 AM PDT By ForexMansion.com   The Australian currency has dropped for the first time in five days against the US counterpart after the Australian government noted that the nation needs to cut its spending because of the tax revenue that was generated between 2004 and 2007 by the mining industry’s previous expansion will drop. Nonetheless, the AUD/USD still rallied to a record with the weak dollar and surging gold prices supporting aussie.    The Australian government warned that the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Dips As Markets Await Fed Policy Meeting Posted: 26 Apr 2011 12:02 AM PDT Forex Pros – The Australian dollar slipped to a four day low against its U.S. counterpart on Tuesday, as investors began trimming positions ahead of a key Federal Reserve policy meeting this week.<br /><br />AUD/USD hit 1.0677 during late Asian trade, the pair&rsquo;s lowest since April 20; the pair subsequently consolidated at 1.0705, slipping 0.13%.<br /><br />The pair was likely to find support at 1.0518, the low of April 20 and resistance at 1.0774, the high of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/NZD Fundamental Analysis For April 26, 2011 Posted: 26 Apr 2011 12:01 AM PDT By ForexMansion.com   The AUD/NZD pair retreated slightly with the beginning of the week, as the FOREX market was trading with thin volumes due to holidays in many countries including Australia and New Zealand. The Reserve Bank of New Zealand will delay raising interest rate till the second half of 2011, as spending and home sales remain weak due to the worst earthquake in 8 decades that hit the economy by the end of last year. Australia is starting to suffer from the currency appreciation … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex News – Limited Movements On Easter Monday Posted: 26 Apr 2011 12:00 AM PDT By ForexMansion.com   While many markets are off today for Easter Monday, commodities are extending their gains, on believes China might tighten its monetary policy again in order to combat inflation, which could slow the global economic recovery. The yen weakened today as well as the Asian stocks after Toyota Motor Corp, world’s No. 1 auto producer, said car production plummeted nearly 63% in March, while Australia, New Zealand and Hong Kong remained closed on Monday. Volume is very thin … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex News – U.S. Stocks Mixed At Opening, While Gold And Oil Retreat From Record Highs. Posted: 25 Apr 2011 11:57 PM PDT By ForexMansion.com   Markets traded within a limited range so far on Monday as European markets are closed, while data from the United States was limited to the new home sales index, nevertheless, the U.S. dollar fell against major currencies to open the way for gold and oil to set new record highs, as investors continue to speculate ahead of the FOMC decision on Wednesday. The new home sales index was released from the United States for the month of March, where new home sales increased … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

My Play On GBPUSD Posted: 25 Apr 2011 11:55 PM PDT The recent correction of the British pound against the US dollar could probably be a good opportunity for me to go long on the GBPUSD. The GBPUSD or the Cable as what the people in the FX arena call it rallied strongly from a low of 1.6165 to a high of 1.6600. The pound, however, shed some of its gains after reaching the said high. At present, it is exchanging at around 1.6464 and it seems that there is still some room for it to go lower. I view this correction as temporary. Hence, the pound … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: USD/CAD Showing Hourly Consolidation Posted: 25 Apr 2011 11:53 PM PDT From an hourly standpoint, the USD/CAD is showing consolidation between .95589 and .95339, the 50.0% and 38.2% fibo lines on the move from the high on April 19th to the low on the 21st. With no Canadian economic data due out until Friday morning movement should be mostly technical unless we see comments released from government or central bank figures. In the case of a breakout to either side, the next significant levels to both the top and bottom sides are the 100 and 200 hour moving averages. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Asia Stocks Fall On Downbeat Earnings; Nikkei Drops 1.17% Posted: 25 Apr 2011 11:48 PM PDT Forex Pros – Asian stock markets were broadly lower on Tuesday, as a flurry of disappointing earnings dampened market sentiment, while Japanese automakers declined after Standard &amp; Poor&rsquo;s cut its outlook on the sector.<br /><br />During late Asian trade, Hong Kong’s Hang Seng Index fell 1.2%, South Korea’s Kospi Composite shed 0.45%, while Japan&rsquo;s Nikkei 225 Index dropped 1.17%.&nbsp; <br /><br />Nintendo, the world&rsquo;s largest … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Slips To 4-day Low After Trichet Comments Posted: 25 Apr 2011 11:28 PM PDT Forex Pros – The euro slipped against the U.S. dollar on Tuesday, to touch a four-day low after European Central Bank Governor Jean-Claude Trichet said he &ldquo;entirely&rdquo; shares the U.S.&rsquo;s view that a strong dollar is in the U.S. interest.<br /><br />EUR/USD hit 1.4494 during late Asian trade, the pair&rsquo;s lowest since April 20; the pair subsequently consolidated at 1.4536, sliding 0.30%.<br /><br />The pair was likely to find support … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Swiss Trade Surplus Narrows More-than-expected In March Posted: 25 Apr 2011 11:24 PM PDT Forex Pros – Switzerland’s trade surplus narrowed significantly more-than-expected in March, official data showed on Tuesday.<br /><br />In a report, Switzerland&rsquo;s Federal Statistics Office said the trade balance, or difference between imported and exported goods and services narrowed to CHF1.09 billion in March, down from CHF2.38 billion in February, whose figure was revised down from CHF2.49 billion.<br /><br />Economists had expected the trade surplus to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD In An ABC Correction After A 5-wave Decline Posted: 25 Apr 2011 11:08 PM PDT USD/CAD Rejected at Key Pivot with Bearish Momentum Intact (4/19) USD/CAD Short Term to Medium Term- The USD/CAD is held above 0.9450 and has retraced 38.2% of the decline since last week. - The momentum is still bearish in the 4H chart, with the RSI reading staying below 60, though the bearish momentum was not very strong in the last failed attempt to reach below 30. Nonetheless, the prevailing trend has been bearish, and the 0.97 level rejected a correction rally sharply from a price action … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Newell Rubbermaid Posted: 25 Apr 2011 11:05 PM PDT Newell Rubbermaid Inc. (NYSE:NWL) is scheduled to release its first-quarter 2011 results on Friday, April 29, 2011. The Zacks Consensus Estimate for the quarter is pegged at 28 cents a share, depicting an estimated year-over-year increase of 12%. Fourth Quarter & Fiscal 2010 Recap Newell Rubbermaid logged a strong 26.0% growth in fourth quarter 2010 earnings to net 34 cents a share from 27 cents a share in the year-ago quarter. Earnings also outpaced the Zacks Consensus Estimate of 32 cents a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bear Of The Day: Morgan Stanley (MS) Posted: 25 Apr 2011 11:05 PM PDT Morgan Stanley’s (NYSE:MS) first quarter earnings came in substantially ahead of the Zacks Consensus Estimate. However, a reduced top line and higher non-interest expenses were among the negatives. There are concerns related to the company’s financials being marred by new regulatory restrictions. A further issue is its inability to enhance shareholder value as the company was not granted the green signal to raise its dividend following the Federal Reserve’s second round of stress tests. Morgan … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Stock: BRF Brazil Food SA Posted: 25 Apr 2011 11:05 PM PDT BRF Brazil Food SA (BRFS) is capitalizing off the strong Brazilian economy, recently hitting a new multi-year high after reporting strong Q4 results in late March. With a bullish growth projection and strong industry rank, this Zacks #1 rank stock is a meaty cut for momentum. Company Description Brasil Foods SA, through its subsidiaries, engages in the production and sale of poultry, pork, beef and various dairy products in Brazil and Internationally. The company was founded in 1900 and has a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth & Income Stock: AAR CORP Posted: 25 Apr 2011 11:05 PM PDT AAR CORP. (NYSE:AIR) continues to benefit from an improving commercial airline environment. The company recently delivered its 4th consecutive positive sales surprise and 8th consecutive positive earnings surprise. This prompted analysts to raise their estimates, sending the stock to a Zacks #2 Rank (Buy) stock. AAR also resumed paying its dividend after a near 9-year break. This is a sign that management is confident in the future prospects of the company. Company Description AAR CORP provides … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: Wynn Resorts, Ltd. (WYNN) Posted: 25 Apr 2011 11:05 PM PDT Wynn Resorts (NASDAQ:WYNN) first quarter 2011 earnings beat the Zacks Consensus Estimate with higher-than-expected top-line growth. With the global economy showing gradual recovery, the company is experiencing an increase in demand. Its Las Vegas business, which was worst hit at the time of slowdown, is also rebounding with increased room rates and bookings. Additionally, with strong momentum in Macau, we expect the earnings of the company to increase going forward. Moreover, we remain encouraged … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: Titan Machinery Posted: 25 Apr 2011 11:05 PM PDT Titan Machinery Inc. (NASDAQ:TITN) has just wrapped up a great year. The company grew both organically and through M&A activity and is expecting a great fiscal 2012. Estimates keep moving higher, keep growth rates attractive and valuations in check for this Zacks #1 Rank. Company Description Titan Machinery makes construction and agricultural equipment in the U.S. The company offers used and new machinery, parts and related services. Big Beat On Apr 18 Titan Machinery posted great quarterly … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down During The Asian Session Posted: 25 Apr 2011 10:55 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Tuesday.<br/><br/> EUR/USD was trading at 1.4533, down 0.33% at time of writing.<br/><br/> The pair was likely to find support at 1.4494, today&rsquo;s low, and resistance at 1.4648, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.10% to hit 0.8829 and EUR/JPY falling 0.50% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Silver Spooked At 50.00 And Reverses Sharply Posted: 25 Apr 2011 10:40 PM PDT Silver (XAG/USD) Short-term - Silver started the week with a sharp rally towards 50.00. A sharp spike occurred as the market attempted to test this psychological barrier. - The ensuing decline has been sharp and broke below where the market closed at the end of last week. The decline has so far achieved 50% retracement. - Despite the sharp reversal, silver retains bullish momentum with RSI reading staying above 40, and price action is still above a rising trendline. - Although there is no … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Singapore Stock Market Update For Tuesday 26 April Posted: 25 Apr 2011 10:34 PM PDT Market experienced shallow pullback for the time being. There are some stocks going ex-date today, namely SembCorp and KepCorp. Do note that the price depreciation of KepCorp is due to bonus issue. Bonus issue is deemed as a positive sign on the company and is seen as an alternative way of giving dividends. According to 1:10 bonus issue on KepCorp, the share price should be trading around 11.74. The calculation will be 1/11 * 12.92 (which is the last done price yesterday). Bonus issue is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down In Asian Trade Posted: 25 Apr 2011 10:25 PM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Tuesday.<br/><br/> GBP/USD was trading at 1.6456, down 0.26% at time of writing.<br/><br/> The pair was likely to find support at 1.6389, Thursday&rsquo;s low, and resistance at 1.6599, Thursday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.08% to hit 0.8830 and GBP/JPY falling 0.43% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/JPY Technical Analysis For April 26, 2011 Posted: 25 Apr 2011 10:20 PM PDT By ForexMansion.com   The EUR/JPY pair fell today, and is closing towards the bottom of its range for the day. The pair seems like it is drifting sideways, and simply waiting for some kind of signal as what to do next. The significant 120 level is just above, and a break of that gets us buying again. A breakdown from here leads to 115, which would be a great place to buy as well. Central banks lurk below there, and will certainly make their presence known if we go much farther than the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/CHF Down In Asian Trading Hours Posted: 25 Apr 2011 09:55 PM PDT Forex Pros – The Euro was lower against the Swiss Franc on Tuesday.<br/><br/> EUR/CHF was trading at 1.2842, down 0.05% at time of writing.<br/><br/> The pair was likely to find support at 1.2801, Thursday&rsquo;s low, and resistance at 1.2964, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.39% to hit 1.4524 and EUR/JPY falling 0.55% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Up During Asian Trade Posted: 25 Apr 2011 09:25 PM PDT Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Tuesday.<br/><br/> USD/CHF was trading at 0.8836, up 0.28% at time of writing.<br/><br/> The pair was likely to find support at 0.8773, Monday&rsquo;s low, and resistance at 0.8889, Thursday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and down against the Japanese Yen, with EUR/USD shedding 0.34% to hit 1.4532 and USD/JPY falling 0.19% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Down During The Asian Session Posted: 25 Apr 2011 09:00 PM PDT Forex Pros – The Euro was lower against the British Pound on Tuesday.<br/><br/> EUR/GBP was trading at 0.8830, down 0.10% at time of writing.<br/><br/> The pair was likely to find support at 0.8784, Thursday&rsquo;s low, and resistance at 0.8879, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.30% to hit 1.4537 and EUR/JPY falling 0.56% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down During Asian Trade Posted: 25 Apr 2011 08:35 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Tuesday.<br/><br/> USD/JPY was trading at 81.66, down 0.21% at time of writing.<br/><br/> The pair was likely to find support at 81.57, today&rsquo;s low, and resistance at 82.50, Thursday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.32% to hit 1.4534 and GBP/USD falling 0.19% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil, Gold And Silver Set Sights On US Yields Ahead Of 2-Year Bond Sale Posted: 25 Apr 2011 08:11 PM PDT Commodities – Energy Oil Focused on US Consumer Confidence, 2-Year Bond Sale WTI Crude Oil (NY Close): $112.28 // -0.01 // -0.01% Prices put in a bearish Spinning Top candlestick below resistance at $113.44, the April 11 high, a barrier reinforced by support-turned-resistance at a rising trend line set from the lows in mid-February. A pullback from here sees initial support at $109.37, the 23.6% Fibonacci retracement of the 3/16-4/11 advance. Risk sentiment trends remain in focus, with … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Down In Asian Trading Hours Posted: 25 Apr 2011 08:10 PM PDT Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Tuesday.<br/><br/> USD/CAD was trading at 0.9538, down 0.06% at time of writing.<br/><br/> The pair was likely to find support at 0.9454, Thursday&rsquo;s low, and resistance at 0.9562, today&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.37% to hit 1.4527 and GBP/USD falling 0.19% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Down During Asian Trade Posted: 25 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 1.0678, down 0.40% at time of writing.<br/><br/> The pair was likely to find support at 1.0678, today&rsquo;s low, and resistance at 1.0776, Monday&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.03% to hit 1.3605 and AUD/JPY falling 0.47% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down During The Asian Session Posted: 25 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 1.4543, down 0.26% at time of writing.<br/><br/> The pair was likely to find support at 1.4494, today&rsquo;s low, and resistance at 1.4648, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.18% to hit 0.8822 and EUR/JPY falling 0.26% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Monday Map: State Income Tax Rates Posted: 25 Apr 2011 06:47 PM PDT Following last Monday’s state sales tax map, here’s the Tax Foundation’s state income tax rate map for 2011 (click to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/JPY Down During Asian Trade Posted: 25 Apr 2011 06:35 PM PDT Forex Pros – The Euro was lower against the Japanese Yen on Tuesday.<br/><br/> EUR/JPY was trading at 118.93, down 0.33% at time of writing.<br/><br/> The pair was likely to find support at 118.50, today&rsquo;s low, and resistance at 120.27, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the British Pound, with EUR/USD shedding 0.35% to hit 1.4530 and EUR/GBP falling 0.20% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

P.J. O’Rourke: Irish Setter Dad Posted: 25 Apr 2011 06:20 PM PDT I just wasn't cut out to be a Chinese Tiger Mom. I'm more of an Irish Setter Dad. Here are some of the things my daughters, Muffin and Poppet, and my son, Buster, were never allowed to do: • go to Mass naked • attend a sleepover at Charlie Sheen's house • mix Daddy a martini using sweet vermouth • play the violin within earshot of me Have you ever heard a kid learning to play the violin? A cat in the microwave is nothing to it. And let me add an addendum to the things my … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bullish Set-up Seen On Ayala Corporation (AC) Posted: 25 Apr 2011 05:53 PM PDT A lot of issues have made some great moves yesterday. Don't fret, though, if you missed yesterday's ride since the one of Ayala Corporation or AC in the Philippine Stock Exchange will be coming to town soon. As you can see from the chart above, AC looks to be very much positioned for a journey up north. AC has been on an uptrend since the start of March before it temporarily peaked at PHP 400.00 on April 4. After reaching the said high, it then consolidated into a small descending channel. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stock Market Summary For Monday, April 25, 2011 Posted: 25 Apr 2011 05:05 PM PDT The major indexes finished mixed today with the DJIA and S&P down slightly and the Nasdaq Composite up a small amount. Investor participation was extremely slow in fact the slowest session in 2011 so far. The Federal Reserve will be meeting this week to discuss the economy and the status on QE2 and interest rates. Investors might be in a wait-and-see mode until the FED releases its statement. Market breadth finished on the negative side. Based on today’s action we are keeping the support … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

A Peak Oil Warning Posted: 25 Apr 2011 12:18 AM PDT I haven’t written about Peak Oil for a while, but the blogger Early Warning recently warned about peaking Saudi oil production. I summarize his concerns here (get full details if you click on the above link): A sharp production decline in March, combined with A sharp increase in well counts in February and March; The Manifa project, which had been put on the shelf, has been restarted; and Reports of a new paper by a senior Saudi oil official that oil production will not rise in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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