DailyMarkets.com - USD/JPY Fundamental Analysis For April 19, 2011

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• USD/JPY Fundamental Analysis For April 19, 2011
• AUD/NZD Fundamental Analysis For April 19, 2011
• NZD/USD Fundamental Analysis For April 19, 2011
• AUD/USD Fundamental Analysis For April 19, 2011
• Forex – Dollar Broadly Higher Vs. Rivals As Debt Woes Hurt Euro
• Forex News – Stronger Dollar On Risk Aversion
• Forex – GBP/USD Slips To 3-day Low, Tracking Euro Losses
• Forex – EUR/USD Extends Losses Amid Sovereign Debt Concerns
• Forex – USD/CAD Up As Oil Prices Dip After China Tightens Policy
• Forex – Euro Hits 2-week Low Vs. Yen On Greek Debt Concerns
• Forex – USD/CHF Slips As Greek Denies Debt Restructuring Deal
• European Stocks Drop As Financials Decline; DAX Down 0.5%
• Forex – Dollar Mixed Vs. Rivals As Sovereign Debt Woes Hit Euro
• Forex – GBP/USD Hits 2-day Low As BoE Rate Outlook Weighs
• Forex – AUD/USD Dips After China Policy Tightening Move
• Forex – NZD/USD Tumbles From 3-year High On Soft Inflation Data
• Forex – Dollar Hits 12-day Low Against Broadly Stronger Yen
• Aggressive Growth Stock: Dover Saddlery
• Bear Of The Day: Everest Re Group, Ltd. (RE)
• Bull Of The Day: J.C. Penney Co., Inc. (JCP)
• Momentum Stock: Talecris Biotherapeutics Holdings Corp.
• Growth & Income Stock: VF Corporation
• Asia Stocks Mixed After China Tightening Measure; Nikkei Sheds 0.1%
• Forex – EUR/USD Down During The Asian Session
• Forex – EUR/USD Slips To 6-day Low But Downside Seen Limited
• Forex – GBP/USD Down In Asian Trade
• Forex – EUR/CHF Down In Asian Trading Hours
• This Week In The USD: Focus On Housing, Jobs & Manufacturing
• Forex – USD/CHF Up During The Asian Session
• Tax Deadline Falls On April 18
• Forex – EUR/GBP Down In Asian Trade
• Forex – USD/JPY Down In Asian Trading Hours
• NYFP’s This Week In Wall Street History
• Forex – USD/CAD Up During The Asian Session
• NYFP’s Wall Street Lingo: Trader Discipline
• Week In Review
• All-Time Record Profits For Silicon Valley In 2010; There’s A Renewed Level Of Energy And Optimism
• Forex – AUD/USD Down In Asian Trade
• Forex – GBP/CHF Down In Asian Trading Hours
• Forex – EUR/USD Down During The Asian Session
• Forex – USD/JPY Down In Asian Trading Hours
• Forex Trading: Euro Drifts Lower On Sovereign Debt Concern
• Forex Trading: EURUSD Moves Below 1.4400 Level Giving The Bears Some Confidence
• Forex – EUR/JPY Down In Asian Trade
• New Zealand Consumer Prices Fall Short Of Expectations, NZDUSD Weaker

USD/JPY Fundamental Analysis For April 19, 2011 Posted: 18 Apr 2011 03:10 AM PDT By ForexMansion.com   The USD/JPY pair declined as the yen rose against the dollar to reach its highest level in two weeks to trade around 82.85 levels. The pair remains under pressure amid risk aversion and jitters haunting the market over the outlook for global growth. On the other hand, the American dollar found some support against the euro and sterling as markets involved into some profit taking ahead of the Easter holidays. The unwinding of carry trades is taking place in the FOREX … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/NZD Fundamental Analysis For April 19, 2011 Posted: 18 Apr 2011 03:08 AM PDT By ForexMansion.com   The AUD/NZD pair rebounded again with the beginning of this week, where the Australian dollar found support against its U.S. counterpart after the Chinese data, which indicate the Chinese economy recorded growth more than expected during the first quarter of the year. Further support for aussie is seen ahead of the RBA minutes which investors hope will include hawkish comments. Australian iron ore and coal exports will accelerate in the upcoming period amid global … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD Fundamental Analysis For April 19, 2011 Posted: 18 Apr 2011 03:07 AM PDT By ForexMansion.com   The NZD/USD pair declined with the star of the week as the New Zealand dollar weakened against its U.S. counterpart after the New Zealand consumer price index retreated to 0.8% during the first three months of 2011, slower than estimates for a 1.0 percent advance. Investors cut their bets that the Reserve Bank of New Zealand will increase interest rates during the coming months, amid other signs reflecting the struggling recovery in New Zealand which weighed … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/USD Fundamental Analysis For April 19, 2011 Posted: 18 Apr 2011 03:05 AM PDT By ForexMansion.com   Amid increasing commodity prices like coal and iron ore, investors preferred buying the Australian dollar over other majors, helping the Aussie rebound against the greenback and other majors, affected by Chinese GDP and consumer prices which showed strong economic growth in the first quarter. Australian iron ore and coal exports will accelerate in the upcoming period amid global economic recovery. The demand for Australian currency to strengthen as the nation produces … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Broadly Higher Vs. Rivals As Debt Woes Hurt Euro Posted: 18 Apr 2011 03:02 AM PDT Forex Pros – The U.S. dollar was broadly higher against its major counterparts on Monday, while the euro came under pressure amid speculation that Greece wanted to restructure its debt and uncertainty over Portugal&rsquo;s bailout.<br /><br />During European late morning trade, the greenback was sharply higher against the euro, with EUR/USD tumbling 0.70% to hit 1.4327.<br /><br />Earlier Monday, a Greek daily newspaper reported that Greece told the International … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex News – Stronger Dollar On Risk Aversion Posted: 18 Apr 2011 03:01 AM PDT By ForexMansion.com   While Europe continues to struggle with its troubling debt crisis, the US released some encouraging data last week which could improve its economic outlook and shrugged off the fears generated from China's decision to raise rates. Chinadecided to raise its interest rates and the reserve requirements in an attempt to tame inflation, which fueled fears of slower economic performance in the region, dragging most of the Asian stock markets down and the yen higher. The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Slips To 3-day Low, Tracking Euro Losses Posted: 18 Apr 2011 02:54 AM PDT Forex Pros – The pound extended losses against the U.S. dollar on Monday, tracking the euro lower, as markets pared expectations for a rate hike by the Bank of England next month.<br /><br />GBP/USD hit 1.6244 during European morning trade, the pair&rsquo;s lowest since last Wednesday; the pair subsequently consolidated at 1.6275, shedding 0.31%.<br /><br />Cable was likely to find short-term support at 1.6226, the low of April 12 and resistance at 1.6372, last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Extends Losses Amid Sovereign Debt Concerns Posted: 18 Apr 2011 02:40 AM PDT Forex Pros – The euro extended losses against the U.S. dollar on Monday, falling to a fresh six-day low, following reports that Greece was seeking debt restructuring and amid uncertainty over Portugal’s bailout.<br /><br />EUR/USD hit 1.4299 during European morning trade, the pair&rsquo;s lowest since April 8; the pair subsequently consolidated at 1.4322, tumbling 0.74%.<br /><br />The pair was likely to find support at 1.4207, the low of April 6 and resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Up As Oil Prices Dip After China Tightens Policy Posted: 18 Apr 2011 02:32 AM PDT Forex Pros – The Canadian dollar was lower against its U.S. counterpart on Monday as crude oil, Canada&rsquo;s largest export, declined after China’s decision to increase banking reserve requirements and after comments by a Saudi Arabian minister on global oil supplies.<br /><br />USD/CAD hit 0.9641 during European morning trade, the daily high; the pair subsequently consolidated at 0.9615, gaining 0.22%.<br /><br />The pair was likely to find support at 0.9555, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Euro Hits 2-week Low Vs. Yen On Greek Debt Concerns Posted: 18 Apr 2011 01:45 AM PDT Forex Pros – The euro tumbled to a more than two-week low against the yen on Monday, weighed by speculation that Greece asked to restructure its debt and amid uncertainty over Portugal’s bailout.<br /><br />EUR/JPY hit 118.60 during European morning trade, the pair&rsquo;s lowest since April 1; the pair subsequently consolidated at 118.88, tumbling 0.90%.<br /><br />The pair was likely to find support at 117.66, the low of April 1 and resistance at 121.46, last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Slips As Greek Denies Debt Restructuring Deal Posted: 18 Apr 2011 01:30 AM PDT Forex Pros – The U.S. dollar slipped against the Swiss franc on Monday, as European Union officials denied reports that Greece asked to restructure its debt, following a bailout from the European Union and International Monetary Fund last May.<br /><br />USD/CHF retreated from 0.8979, the pair&rsquo;s highest since April 13, to hit 0.8942 during European morning trade, still up 0.20% on the day.<br /><br />The pair was likely to find short-term support at 0.8895, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Stocks Drop As Financials Decline; DAX Down 0.5% Posted: 18 Apr 2011 01:10 AM PDT Forex Pros – European stock markets were broadly lower on Monday, as shares in the financial sector led losses amid concerns over the region&rsquo;s ongoing debt crisis, while U.S. futures indexes pointed to a lower open on Wall Street. <br /><br />During European morning trade, the EURO STOXX 50 sank 0.85%, France&rsquo;s CAC 40 dropped 0.7%, while Germany’s DAX 30 slumped 0.5%.<br /><br />Shares in the financial sector performed poorly amid speculation over … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Mixed Vs. Rivals As Sovereign Debt Woes Hit Euro Posted: 18 Apr 2011 12:41 AM PDT Forex Pros – The U.S. dollar was mixed against its major counterparts on Monday, while the euro weakened broadly as concerns over the sovereign debt levels of some peripheral euro zone members triggered profit taking.<br /><br />During European morning trade, the greenback was sharply higher against the euro, with EUR/USD tumbling 0.77% to hit 1.4317.<br /><br />Earlier in the day, Moody&rsquo;s Investor Services cut the long-term bank deposit ratings of Ireland’s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Hits 2-day Low As BoE Rate Outlook Weighs Posted: 18 Apr 2011 12:26 AM PDT Forex Pros – The pound fell to a two-day low against the U.S. dollar on Monday, as markets pared back expectations for a near-term rate hike by the Bank of England after soft U.K. inflation data last week.<br /><br />GBP/USD hit 1.6260 during early European trade, the pair&rsquo;s lowest since last Thursday; the pair subsequently consolidated at 1.6275, shedding 0.31%.<br /><br />Cable was likely to find short-term support at 1.6226, the low of April 12 and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Dips After China Policy Tightening Move Posted: 17 Apr 2011 11:57 PM PDT Forex Pros – The Australian dollar dipped against its U.S. counterpart on Monday, as China&rsquo;s central bank raised banking reserve requirements after data showed consumer prices rising at their fastest rate in almost three years in March.<br /><br />AUD/USD hit 1.0528 during late Asian trade, the daily low; the pair subsequently consolidated at 1.0553, slipping 0.14%.<br /><br />The pair was likely to find support at 1.0456, last Thursday&rsquo;s low and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Tumbles From 3-year High On Soft Inflation Data Posted: 17 Apr 2011 11:28 PM PDT Forex Pros – The New Zealand dollar tumbled from a three-year high against its U.S. counterpart on Monday, following a government report showing consumer price inflation rose less-than-expected in the first quarter.<br /><br />NZD/USD retreated from 0.8004, the pair&rsquo;s highest since April 23, 2008, to hit 0.7931 during late Asian trade, tumbling 0.79%.<br /><br />The pair was likely to find support at 0.7863, last Thursday&rsquo;s low and resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Hits 12-day Low Against Broadly Stronger Yen Posted: 17 Apr 2011 11:10 PM PDT Forex Pros – The yen advanced to a 12-day high against the U.S. dollar on Monday, as expectations that the U.S. Federal Reserve will trail behind other central banks in raising interest rates continued to weigh on the greenback.<br /><br />USD/JPY hit 82.86 during lat Asian trade, the pair&rsquo;s lowest since March 31; the pair subsequently consolidated at 82.92, shedding 0.26%.<br /><br />The pair was likely to find support at 82.35, the low of March 30 and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: Dover Saddlery Posted: 17 Apr 2011 11:05 PM PDT Saddle up, partner! Dover Saddlery, Inc. (NASDAQ:DOVR) is a great turn around story as highly discretionary retailers are really starting to heat up. Shares carry a Zacks #1 Rank (Strong Buy), are priced right and have analysts very bullish. Company Description Dover Saddlery markets equestrian products in the U.S. for both English and western-style riding. The company offers everything from first-aid kits for the horse to apparel for the rider. Cleared the Hurdle On Mar 29 Dover Saddlery easily … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bear Of The Day: Everest Re Group, Ltd. (RE) Posted: 17 Apr 2011 11:05 PM PDT We are downgrading our recommendation on the shares of Everest Re Group (NYSE:RE) as we believe that its top line growth will remain somewhat restricted due to the expected decline in the casualty line as a result of tough market conditions. Additionally, the potential for future reserve additions remains a challenge. The company’s fourth quarter 2010 earnings were significantly higher than the Zacks Consensus Estimate Results were aided by higher investment income, partially offset by lower … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: J.C. Penney Co., Inc. (JCP) Posted: 17 Apr 2011 11:05 PM PDT J.C. Penney’s (NYSE:JCP) well diversified supplier base, compelling merchandise, marketing campaigns, technological initiatives as well as effective cost and inventory management should drive sales and improve margin trends over the long term. The company delivered better-than-expected fourth-quarter 2010 results. We observe that J.C. Penney’s sales grew 2.8%, whereas comps rose 4.5% during the quarter. The company remains on track to deliver comps growth and boost market share. Comparable-store … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Stock: Talecris Biotherapeutics Holdings Corp. Posted: 17 Apr 2011 11:05 PM PDT Talecris Biotherapeutics Holdings Corp. (TLCR) recently hit a new all-time high after spending the last six months advancing along a very steady trend line. With an average earnings surprise of 9% over the last four quarters and estimates on the upswing, this Zacks #1 rank stock provides the right remedy for momentum. Company Description Telacris Bio therapeutics Holding Corp. is a biopharmaceutical company that specializes in the development of plasma-derived protein therapies worldwide with … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth & Income Stock: VF Corporation Posted: 17 Apr 2011 11:05 PM PDT Estimates have been rising for VF Corporation (NYSE:VFC) heading into its first quarter results on April 29. The company has delivered five consecutive positive earnings surprises, and management expects 2011 to mark the company’s highest rate of organic revenue growth since 2007. It is a Zacks #1 Rank (Strong Buy) stock. VF Corporation designs, manufactures and markets lifestyle apparel under more than 30 brands, including Wrangler®, The North Face®, Lee®, Vans®, Nautica®, 7 For All … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Asia Stocks Mixed After China Tightening Measure; Nikkei Sheds 0.1% Posted: 17 Apr 2011 10:42 PM PDT Forex Pros – Asian stock markets were mixed on Monday, after China introduced further monetary tightening measures, while shares in Tokyo were weighed by ongoing concerns over the impact on corporate earnings from last month’s natural disasters.<br /><br />During late Asian trade, Hong Kong’s Hang Seng Index added 0.2%, South Korea’s Kospi Composite dipped 0.35%, while Japan&rsquo;s Nikkei 225 Index edged 0.1% lower. <br /><br />The People&rsquo;s Bank of China … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down During The Asian Session Posted: 17 Apr 2011 10:40 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Monday.<br/><br/> EUR/USD was trading at 1.4374, down 0.38% at time of writing.<br/><br/> The pair was likely to find support at 1.4349, today&rsquo;s low, and resistance at 1.4520, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.13% to hit 0.8826 and EUR/JPY falling 0.66% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Slips To 6-day Low But Downside Seen Limited Posted: 17 Apr 2011 10:32 PM PDT Forex Pros – The euro slipped to a six-day low against the U.S. dollar on Monday, as concerns over the sovereign debt levels of some peripheral euro nations weighed but the single currency remained well supported by prospects of another interest rate hike.<br /><br />EUR/USD hit 1.4349 during late Asian trade, the pair&rsquo;s lowest since April 8; the pair subsequently consolidated at 1.4370, shedding 0.40%.<br /><br />The pair was likely to find support at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down In Asian Trade Posted: 17 Apr 2011 10:15 PM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Monday.<br/><br/> GBP/USD was trading at 1.6299, down 0.18% at time of writing.<br/><br/> The pair was likely to find support at 1.6238, Wednesday&rsquo;s low, and resistance at 1.6384, 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 0.21% to hit 0.8820 and GBP/JPY falling 0.50% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/CHF Down In Asian Trading Hours Posted: 17 Apr 2011 09:50 PM PDT Forex Pros – The Euro was lower against the Swiss Franc on Monday.<br/><br/> EUR/CHF was trading at 1.2854, down 0.19% at time of writing.<br/><br/> The pair was likely to find support at 1.2842, today&rsquo;s low, and resistance at 1.3045, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.34% to hit 1.4381 and EUR/JPY falling 0.62% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

This Week In The USD: Focus On Housing, Jobs & Manufacturing Posted: 17 Apr 2011 09:29 PM PDT Recap of Last Week: Inflation, Retail Sales, Confidence, Manufacturing, Trade Inflation data showed headline prices running at a brisk 0.5% rate, though the core rate continued to show tepid growth – increasing just 0.1%. Producer prices came in weaker than expected overall, climbing 0.7% in March, but up 0.3% in the core reading. Overall, the softer CPI gave the Fed doves some credit as underlying inflation does continue to show weakness. Retail sales were up a smaller than forecast 0.4% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Up During The Asian Session Posted: 17 Apr 2011 09:20 PM PDT Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Monday.<br/><br/> USD/CHF was trading at 0.8938, up 0.15% at time of writing.<br/><br/> The pair was likely to find support at 0.8896, Thursday&rsquo;s low, and resistance at 0.8992, Wednesday&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 0.33% to hit 1.4383 and USD/JPY falling 0.24% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Tax Deadline Falls On April 18 Posted: 17 Apr 2011 09:00 PM PDT 04/18/11 US taxpayers have until midnight to file taxes for 2010. The usual April 15 tax deadline was extended, due to Emancipation … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Down In Asian Trade Posted: 17 Apr 2011 09:00 PM PDT Forex Pros – The Euro was lower against the British Pound on Monday.<br/><br/> EUR/GBP was trading at 0.8823, down 0.17% at time of writing.<br/><br/> The pair was likely to find support at 0.8808, Thursday&rsquo;s low, and resistance at 0.8924, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.33% to hit 1.4383 and EUR/JPY falling 0.54% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down In Asian Trading Hours Posted: 17 Apr 2011 08:35 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Monday.<br/><br/> USD/JPY was trading at 82.98, down 0.20% at time of writing.<br/><br/> The pair was likely to find support at 82.86, today&rsquo;s low, and resistance at 84.26, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.31% to hit 1.4385 and GBP/USD falling 0.14% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NYFP’s This Week In Wall Street History Posted: 17 Apr 2011 03:30 PM PDT 04/17/11 In this episode of NYFP’s “This Week in Wall Street History”, we discuss the history of Apple Inc., from it’s humble beginnings to its meteroic rise to technology giant iit is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Up During The Asian Session Posted: 17 Apr 2011 08:10 PM PDT Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Monday.<br/><br/> USD/CAD was trading at 0.9620, up 0.29% at time of writing.<br/><br/> The pair was likely to find support at 0.9586, Wednesday&rsquo;s low, and resistance at 0.9669, Thursday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.30% to hit 1.4387 and GBP/USD falling 0.12% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NYFP’s Wall Street Lingo: Trader Discipline Posted: 17 Apr 2011 03:00 PM PDT 04/17/11 This week Peter Costa, President of Empire Execution Inc., introduces us to the term “trader discipline” while also explaining the important role the term plays in the daily lives of brokers … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Week In Review Posted: 17 Apr 2011 07:51 PM PDT The stock market was down again last week for the second week in a row, with the exception of the Transports, which closed positive for the week. The Transports had sold off more aggressively than the rest of the market the previous week, which probably contributed to their close higher. Commodities were mixed last week as gold, silver, and natural gas were higher, but oil, copper, platinum, and palladium were lower for the week. Gold and the stock market seem to be trading out of phase with … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

All-Time Record Profits For Silicon Valley In 2010; There’s A Renewed Level Of Energy And Optimism Posted: 17 Apr 2011 07:39 PM PDT Mercury News –”Roaring back from the Great Recession, the 150 biggest public companies in Silicon Valley had their most profitable year in history in 2010, as their combined stock value climbed to the highest level since the Internet boom of 2000. Revenue and profits soared as consumers flocked to buy new handheld gadgets, while corporations and public agencies resumed buying hardware and software to handle a rising tide of digital data — from emails, tweets and videos to all manner of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Down In Asian Trade Posted: 17 Apr 2011 07:30 PM PDT Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Monday.<br/><br/> AUD/USD was trading at 1.0548, down 0.20% at time of writing.<br/><br/> The pair was likely to find support at 1.0429, Wednesday&rsquo;s low, and resistance at 1.0579, Friday&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was up against the Euro and down against the Japanese Yen, with EUR/AUD shedding 0.18% to hit 1.3628 and AUD/JPY falling 0.42% to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/CHF Down In Asian Trading Hours Posted: 17 Apr 2011 07:05 PM PDT Forex Pros – The British Pound was lower against the Swiss Franc on Monday.<br/><br/> GBP/CHF was trading at 1.4569, down 0.03% at time of writing.<br/><br/> The pair was likely to find support at 1.4539, Thursday&rsquo;s low, and resistance at 1.4633, Friday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the U.S. Dollar and up against the Euro, with GBP/USD shedding 0.22% to hit 1.6292 and EUR/GBP falling 0.16% 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: 17 Apr 2011 06:35 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Monday.<br/><br/> EUR/USD was trading at 1.4363, down 0.46% at time of writing.<br/><br/> The pair was likely to find support at 1.4349, today&rsquo;s low, and resistance at 1.4520, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.23% to hit 0.8818 and EUR/JPY falling 0.75% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down In Asian Trading Hours Posted: 17 Apr 2011 06:00 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Monday.<br/><br/> USD/JPY was trading at 83.09, down 0.07% at time of writing.<br/><br/> The pair was likely to find support at 82.96, Thursday&rsquo;s low, and resistance at 84.26, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.42% to hit 1.4370 and GBP/USD falling 0.17% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: Euro Drifts Lower On Sovereign Debt Concern Posted: 17 Apr 2011 05:33 PM PDT The Euro has moved below the 1.44 handle to start the trading week on concerns over the sovereign debt crisis worsening, even though the ECB's Coene said earlier in an interview that 'market indicators suggest Euro contagion has ended.' The EUR/USD has fallen below the 200hr moving average for the first time since April 1st as we see the pair being resisted by the trendline below as it … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Moves Below 1.4400 Level Giving The Bears Some Confidence Posted: 17 Apr 2011 05:32 PM PDT The EURUSD is moving the ball below the trendline at 1.4407 and below the 200 hour MA as the week's trading begins. The move below these technical levels gives some confidence to the bears and targets the 1.4463 and the 38.2% of the move up from the April 1st low (the last time the price was below the 100 and 200 hour moving averages). Last week the range for the week was a narrow 154 pips.  This week is a holiday week and typically is slow. However, non-trending activity does … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/JPY Down In Asian Trade Posted: 17 Apr 2011 05:25 PM PDT Forex Pros – The Euro was lower against the Japanese Yen on Monday.<br/><br/> EUR/JPY was trading at 119.49, down 0.40% at time of writing.<br/><br/> The pair was likely to find support at 119.27, Thursday&rsquo;s low, and resistance at 122.16, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the British Pound, with EUR/USD shedding 0.33% to hit 1.4382 and EUR/GBP falling 0.20% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

New Zealand Consumer Prices Fall Short Of Expectations, NZDUSD Weaker Posted: 17 Apr 2011 04:55 PM PDT New Zealand's CPI data for the first quarter effectively put a lid on the strength of the NZDUSD, as lower inflation data suggested that the central bank, the RBNZ will hold onto its 2.50% official cash rate. CPI 1st quarter year-to-year change came in at +4.5%, versus a forecasted 4.6% and a previous 4.0%. Quarter-to-quarter change was reported at +0.8%, lower than the surveyed 1.0% and previous 2.3%. The New Zealand dollar dropped after the announcement, although it has recovered … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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