DailyMarkets.com - Forex – USD/CHF Edges Higher, Gains Limited By EZ Debt Concerns

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• Forex – USD/CHF Edges Higher, Gains Limited By EZ Debt Concerns
• German ZEW Economic Sentiment Drops More-than-expected
• Forex – EUR/GBP Hits 3-day Low After U.K. Inflation Jumps In April
• European Stocks Slump On Euro Zone Debt Woes; DAX Down 0.6%
• Vietnam Central Bank Hikes Reverse Repo Rate 100bps To 15.00%
• Sri Lanka Central Bank Holds Rate At 7.00%
• U.K. Consumer Price Inflation Rises More-than-expected
• Forex – Dollar Broadly Stronger Vs. Rivals As Risk Aversion Eases
• Crude Oil Futures Hit 3-day Low On Concerns Over U.S. Demand
• Forex – GBP/USD Hits 2-day High Ahead Of U.K. Inflation Data
• Gold Futures Rise On Euro Zone Debt Woes, Asian Buying
• Forex – Dollar Hits 2-week High Against Broadly Weaker Yen
• Forex – NZD/USD Hits Daily High As Risk Aversion Eases
• Forex – AUD/USD Up After RBA Minutes Point To Rate Hike
• Asia Stocks Mixed On Greece Concerns; Nikkei Adds 0.1%
• Forex – EUR/USD Edges Higher But Debt Concerns Remain
• Oil, Gold Eye EU Summit And US Data As Risk Appetite Searches For Direction
• Bull Of The Day: Priceline.com (PCLN)
• Bear Of The Day: Washington Federal (WFSL)
• Growth & Income Stock: AmTrust Financial Services, Inc.
• Aggressive Growth Stock: Hexcel Corp
• Momentum Stock: Weight Watchers International
• Forex – EUR/USD Up During The Asian Session
• Q1 Results In-Line
• Forex – GBP/USD Up In Asian Trade
• Forex – EUR/CHF Up In Asian Trading Hours
• Forex – USD/CHF Up During Asian Trade
• AUD/NZD Daily Fundamental Analysis For May 18, 2011
• AUD/USD Daily Fundamental Analysis For May 18, 2011
• NZD/USD Daily Fundamental Analysis For May 18, 2011
• USD/JPY Daily Fundamental Analysis For May 18, 2011
• Forex – EUR/GBP Up During The Asian Session
• Forex – USD/JPY Up During Asian Trade
• The Economics Of Globalization Are Changing Fast And Are Starting To Favor Moving Back To America
• Forex – USD/CAD Down In Asian Trading Hours
• Forex – AUD/USD Down During Asian Trade
• RBA Minutes Indicate Higher Rates Likely “At Some Point”, Monitoring Possible Uneven Recovery
• Forex – EUR/USD Down During The Asian Session
• EUR/USD Breaks Below 1.4150 In Asian Session; Bearish Outlook Held Under 1.4175
• Forex – EUR/JPY Up During Asian Trade
• JG Summit Holdings Primed To Move Higher?
• Markets In Everything: Pay-What-You-Want Panera
• USD/JPY Technical Analysis For May 17, 2011
• USD/CHF Technical Analysis For May 17, 2011
• USD/CAD Technical Analysis For May 17, 2011
• EUR/USD Technical Analysis For May 17, 2011
• NZD/USD Technical Analysis For May 17, 2011
• GBP/USD Technical Analysis For May 17, 2011
• GBP/JPY Technical Analysis For May 17, 2011
• GBP/CHF Technical Analysis For May 17, 2011
• Industry Rotation Among S&P 500 Industry Groups
• Forex – GBP/JPY Up During The Asian Session
• EUR/JPY Technical Analysis For May 17, 2011
• EUR/GBP Technical Analysis For May 17, 2011
• EUR/CHF Technical Analysis For May 17, 2011
• AUD/USD Technical Analysis For May 17, 2011
• AUD/NZD Technical Analysis For May 17, 2011
• Forex – EUR/USD Up In Asian Trade
• The Battle Is Squared
• Motor Fuel Tax Rates For Selected Countries
• The Jed Clampett Crude Oil Cycle
• USD/CAD Daily Fundamental Analysis For May 17, 2011

Forex – USD/CHF Edges Higher, Gains Limited By EZ Debt Concerns Posted: 17 May 2011 02:58 AM PDT Forex Pros – The U.S. dollar edged up against the Swiss franc on Tuesday, but gains were limited amid ongoing concerns over possible euro zone sovereign debt restructuring.<br /><br />USD/CHF hit 0.8883 during European morning trade, the daily high; the pair subsequently consolidated at 0.8864, rising 0.28%.<br /><br />The pair was likely to find short-term support at 0.8798, Monday&rsquo;s low and resistance at 0.8946, last Friday&rsquo;s high and a three-week … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

German ZEW Economic Sentiment Drops More-than-expected Posted: 17 May 2011 02:11 AM PDT Forex Pros – German economic sentiment fell significantly more-than-expected in May, dropping for the third consecutive month, industry data showed on Tuesday.<br /><br />In a report, the ZEW Centre for Economic Research said that its index of German economic sentiment fell to 3.1 in May, down from 7.6 in April.<br /><br />Analysts had expected the index to decline to 4.7 in May.<br /><br />The report showed that the assessment of the current economic … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Hits 3-day Low After U.K. Inflation Jumps In April Posted: 17 May 2011 02:09 AM PDT Forex Pros – The euro slipped to a three-day low against the pound on Tuesday, after a U.K. government report showed that consumer price inflation jumped to a two-and-a-half year high last month.<br /><br />EUR/GBP hit 0.8682 during European morning trade, the pair&rsquo;s lowest since May 12; the pair subsequently consolidated at 0.8704, shedding 0.44%.<br /><br />The pair was likely to find short-term support at 0.8673, the low of May 12 and a seven-week low and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Stocks Slump On Euro Zone Debt Woes; DAX Down 0.6% Posted: 17 May 2011 02:01 AM PDT Forex Pros – European stock markets were down on Tuesday, as worries over the euro zone&rsquo;s sovereign debt crisis remained in focus, while U.S. futures indexes pointed to a higher open on Wall Street. <br /><br />During European morning trade, the EURO STOXX 50 edged 0.1% lower, France&rsquo;s CAC 40 slipped 0.2%, while Germany’s DAX 30 fell 0.6%. <br /><br />European Union finance ministers approved Portugal’s EUR78 billion bailout on Monday and for the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Vietnam Central Bank Hikes Reverse Repo Rate 100bps To 15.00% Posted: 17 May 2011 01:56 AM PDT The State Bank of Vietnam increased its reverse repurchase interest rate by 100 basis points to 15.00% from 14.00% previously.  The Bank left the refinance rate and discount rate unchanged at 14.00% and 13.00% respectively, after increasing the two interest rates 100bps in April.  Vietnam reported annual inflation of 17.51% in April this year after prices rose 3.32% from March, driven up by strong credit growth and rising food and energy … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Sri Lanka Central Bank Holds Rate At 7.00% Posted: 17 May 2011 01:48 AM PDT The Central Bank of Sri Lanka held the repurchase rate unchanged at 7.00%, and left the reverse repurchase rate at 8.50%, and the reserve ratio at 8%.  The Bank said: “Domestic supply conditions have recovered from the impact of floods in early 2011, and the current weather conditions are favourable for agricultural activity and hydropower generation. The upward trends that were observed in international commodity prices have decelerated, although prices of many commodities still remain … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.K. Consumer Price Inflation Rises More-than-expected Posted: 17 May 2011 01:37 AM PDT Forex Pros – Consumer price inflation in the U.K. rose more-than-expected in April, climbing to the highest level since October 2008, official data showed on Tuesday.<br /><br />In a report, the U.K. Office for National Statistics said that the rate of consumer price inflation rose to a seasonally adjusted 4.5% in April, up from 4.0% in March.<br /><br />Analysts had expected U.K. consumer prices to rise by 4.1% in April. <br /><br />The rate of inflation … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Broadly Stronger Vs. Rivals As Risk Aversion Eases Posted: 17 May 2011 01:34 AM PDT Forex Pros – The U.S. dollar was broadly higher against its major counterparts on Tuesday, as concerns over possible euro zone sovereign debt restructuring eased, and risk sentiment strengthened.<br /><br />During European morning trade, the greenback was unchanged against the euro, with EUR/USD trading at 1.4154.<br /><br />On Monday, European Union Finance ministers endorsed a EUR78 billion bailout for Portugal and stepped up pressure on Greece to do more to win … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Futures Hit 3-day Low On Concerns Over U.S. Demand Posted: 17 May 2011 01:20 AM PDT Forex Pros – Crude oil futures were down for a second day on Tuesday, as concerns over the pace of the U.S. economic recovery added to fears of a slowdown in demand from the world&rsquo;s largest oil consumer. <br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in June traded at USD96.72 a barrel during European morning trade, sliding 0.3%.&nbsp;&nbsp; <br /><br />It earlier fell by as much as 0.38% to USD96.64 a barrel, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Hits 2-day High Ahead Of U.K. Inflation Data Posted: 17 May 2011 12:59 AM PDT Forex Pros – The pound was up against the U.S. dollar on Tuesday, rising to a two-day high ahead of the release of a U.K. government report on consumer price inflation.<br /><br />GBP/USD hit 1.6262 during European morning trade, the pair&rsquo;s highest since Friday; the pair subsequently consolidated at 1.6251, gaining 0.38%.<br /><br />Cable was likely to find support at 1.6145, Friday&rsquo;s low and a five-week low and resistance at 1.6379, last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Futures Rise On Euro Zone Debt Woes, Asian Buying Posted: 17 May 2011 12:50 AM PDT Forex Pros – Gold futures edged higher on Tuesday, as ongoing concerns over the euro zone&rsquo;s sovereign debt crisis and increased physical demand from Asia boosted prices. <br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for June delivery traded at USD1,495.65 a troy ounce during late Asian trade, gaining 0.38%.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br /><br />It earlier rose as much as 0.42% to a daily high of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Hits 2-week High Against Broadly Weaker Yen Posted: 17 May 2011 12:36 AM PDT Forex Pros – The U.S. dollar rose to a two-week high against the broadly weaker yen on Tuesday, as risk sentiment strengthened after euro zone finance ministers approved an emergency loan program for Portugal.<br /><br />USD/JPY hit 81.53 during early European trade, the pair&rsquo;s highest since May 2; the pair subsequently consolidated at 81.45, rallying 0.83%.<br /><br />The pair was likely to find support at 80.33, last Friday&rsquo;s low and resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Hits Daily High As Risk Aversion Eases Posted: 17 May 2011 12:11 AM PDT Forex Pros – The New Zealand dollar rose to a daily high against its U.S. counterpart on Tuesday, as concerns over possible euro zone sovereign debt restructuring eased, boosting demand for higher yielding assets.<br /><br />NZD/USD hit 0.7830 during late Asian trade, the daily high; the pair subsequently consolidated at 0.7817, gaining 0.28%.<br /><br />The pair was likely to find support at 0.7754, Monday&rsquo;s low and a five-week low and resistance at 0.7964, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Up After RBA Minutes Point To Rate Hike Posted: 16 May 2011 11:51 PM PDT Forex Pros – The Australian dollar climbed to a daily high against its U.S. counterpart on Tuesday, pulling away from Monday&rsquo;s one-month low, after the Reserve Bank of Australia said that higher interest rates may be required to contain inflation.<br /><br />AUD/USD hit 1.0618 during late Asian trade, the daily high; the pair subsequently consolidated at 1.0597, gaining 0.40%.<br /><br />The pair was likely to find support at 1.0512, Monday&rsquo;s low … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Asia Stocks Mixed On Greece Concerns; Nikkei Adds 0.1% Posted: 16 May 2011 11:49 PM PDT Forex Pros – Asian stock markets were mixed on Tuesday, amid lingering fears that Greece may have to restructure its debt, while the Nikkei eased up, with exporters rising on a weakening yen. <br /><br />During late Asian trade, Hong Kong’s Hang Seng Index dipped 0.4%, South Korea’s Kospi Composite edged 0.08% lower, while Japan&rsquo;s Nikkei 225 Index eased up 0.09%. <br /><br />Shares in many of the big name Japanese exporters advanced as the yen weakened … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Edges Higher But Debt Concerns Remain Posted: 16 May 2011 11:28 PM PDT Forex Pros – The euro edged up against the U.S. dollar on Tuesday, pulling away from Monday&rsquo;s six-week low but gains were limited amid ongoing concerns that Greece may have to restructure its debt.<br /><br />EUR/USD hit 1.4193 during late Asian trade, the daily high; the pair subsequently consolidated at 1.4190, gaining 0.24%.<br /><br />The pair was likely to find support at 1.4047, Monday&rsquo;s low and resistance at 1.4339, last Friday&rsquo;s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Oil, Gold Eye EU Summit And US Data As Risk Appetite Searches For Direction Posted: 16 May 2011 11:19 PM PDT Commodities – Energy Oil Consolidates as Risk Trends Look for Direction WTI Crude Oil (NY Close): $97.37 // -2.28 // -2.29% Prices have dropped back below the $100/barrel handle after finding resistance at $104.73, the 50% Fibonacci retracement of the drop from the May 2 high. Near-term support stands at $94.65, the May 6 low, while the 23.6% Fib at $99.41 is acting as immediate resistance. Risk sentiment trends remain in focus, with the WTI contract tracking closely with the S&P 500 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: Priceline.com (PCLN) Posted: 16 May 2011 11:02 PM PDT Priceline.com (NASDAQ:PCLN) is one of the leading online travel companies in the world. Priceline’s first quarter earnings missed the Zacks Consensus but management expects strong double-digit bookings growth in the next quarter, with international growing much faster than domestic. The secular growth trend in the online travel space, Priceline’s own business momentum, international growth opportunities, good execution, prudent marketing strategy and strong financial position are likely to drive … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bear Of The Day: Washington Federal (WFSL) Posted: 16 May 2011 11:02 PM PDT We are downgrading our recommendation on Washington Federal (NASDAQ:WFSL) to Underperform from Neutral, based on the pressure on net interest margin (NIM) and its lag with respect to deposit re-pricing. The company’s fiscal second-quarter 2011 earnings marginally missed the Zacks Consensus Estimate. Increased interest income, lower expenses and a substantial drop in provision for loan losses were among the positives during the quarter. However, weak loan demand and lower profitability metrics were … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth & Income Stock: AmTrust Financial Services, Inc. Posted: 16 May 2011 11:02 PM PDT AmTrust Financial Services, Inc. (NASDAQ:AFSI) recently reported much better than expected financial results for the first quarter of 2011. Earnings per share came in 38% above the Zacks Consensus Estimate, marking the company’s 7th consecutive positive earnings surprise. The company also beat on the top-line thanks to a surge in net earned premium. Analysts virtually unanimously revised their estimates higher off the strong quarter, sending the stock to a Zacks #1 Rank (Strong Buy). Valuation look … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: Hexcel Corp Posted: 16 May 2011 11:02 PM PDT Hexcel Corp. (NYSE:HXL) moved to a Zacks #1 Rank (Strong Buy) after estimates jumped on a recent earnings surprise. The company has a strong earnings history and is showing stronger than expected growth rates. Company Description Hexcel Corp makes composites for lightweight, high-performance structural materials. Their products are used in for aerospace and industrials applications. Beat by a Nickel The company announced better-than-expected results on Apr 25 that included a 26% jump in net sales, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Stock: Weight Watchers International Posted: 16 May 2011 11:02 PM PDT Weight Watchers International (NYSE:WTW) continues to defy the skeptics, recently hitting a new all-time high after reporting a 12% earnings surprise. With estimates on the rise and a bullish growth projection, this Zacks #1 rank stock is a healthy choice for momentum. Company Description Weight Watchers Int, Inc. provides weight management services worldwide. The company was founded in 1961. Weight Watchers has turned into a bonified momentum high flyer, recently gapping higher to a new all-time … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 16 May 2011 10:55 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Tuesday.<br/><br/> EUR/USD was trading at 1.4188, up 0.23% at time of writing.<br/><br/> The pair was likely to find support at 1.4048, Monday&rsquo;s low, and resistance at 1.4339, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.10% to hit 0.8753 and EUR/JPY rising 0.95% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Q1 Results In-Line Posted: 16 May 2011 10:32 PM PDT Brian Marckx, CFA Q1 2011 Financial Results SANUWAVE Health (SNWV) announced financial results for the first quarter ending March 31, 2011 on May 16, 2011.  Aside from operating expenses coming in about 16% lower than our estimate, results were very much in-line with our expectations.  The 10-Q did not include any other surprises.  Noteworthy is that SANUWAVE continues to expect to make the final PMA module filing for dermaPACE during the current (Q2) … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Up In Asian Trade Posted: 16 May 2011 10:25 PM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Tuesday.<br/><br/> GBP/USD was trading at 1.6201, up 0.06% at time of writing.<br/><br/> The pair was likely to find support at 1.6147, Friday&rsquo;s low, and resistance at 1.6380, Thursday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.05% to hit 0.8740 and GBP/JPY rising 0.71% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/CHF Up In Asian Trading Hours Posted: 16 May 2011 09:55 PM PDT Forex Pros – The Euro was higher against the Swiss Franc on Tuesday.<br/><br/> EUR/CHF was trading at 1.2532, up 0.08% at time of writing.<br/><br/> The pair was likely to find support at 1.2517, Monday&rsquo;s low, and resistance at 1.2693, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.11% to hit 1.4171 and EUR/JPY rising 0.54% 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: 16 May 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 0.8846, up 0.01% at time of writing.<br/><br/> The pair was likely to find support at 0.8799, Friday&rsquo;s low, and resistance at 0.8946, 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 0.07% to hit 1.4166 and USD/JPY rising 0.38% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/NZD Daily Fundamental Analysis For May 18, 2011 Posted: 16 May 2011 09:10 PM PDT By ForexMansion.com The AUD/NZD pair moved higher for the second day on Tuesday, as the Aussie was able to reverse its movements against the U.S. dollar after the RBA minutes came hawkish enough to support the AUD. The Reserve Bank of Australia showed that higher interest rates will be needed “at some point” to curb inflation, but they added that it could also hammer economic activities. The Australian dollar surged after the RBA’s minutes against most of its counterparts, as traders increased … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/USD Daily Fundamental Analysis For May 18, 2011 Posted: 16 May 2011 09:10 PM PDT By ForexMansion.com The Australian dollar (Aussie) has rose from its lowest level in four weeks against the U.S. dollar on Tuesday after the Reserve Bank of Australia released their previous meeting's minutes, where the Bank saw the currency's appreciation is helping nation contain the inflationary pressures. The Bank has noted that the economic conditions will continue to improve as expected, as the bank might move to contain inflation pressures, and higher interest rates were likely to be … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD Daily Fundamental Analysis For May 18, 2011 Posted: 16 May 2011 09:09 PM PDT By ForexMansion.com The New Zealand dollar (Kiwi) fell versus greenback on Tuesday morning after the NZ government showed that the international visitor spending in New Zealand declined in the year through March as a stronger currency and earthquakes in the southern city of Christchurch deterred tourism. We can see that the natural disasters are the main reason that pushed the Reserve Bank of New Zealand (RBNZ) to keep rates at 2.50% as the bank aims to stimulate the economy. Still New Zealand … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Daily Fundamental Analysis For May 18, 2011 Posted: 16 May 2011 09:08 PM PDT By ForexMansion.com The yen fell for the second day against the dollar early on Tuesday and other major currencies, as comments from the BOJ Governor reduced demand for the Japanese currency. On the other hand, the risk aversion eased and the jitters declined after the EU approved the Portugal bailout and continued to discuss more measures to support Greece. The Bank of Japan Governor Masaaki Shirakawa warned on Tuesday during a parliamentary committee meeting that the Japanese economy is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Up During The Asian Session Posted: 16 May 2011 09:00 PM PDT Forex Pros – The Euro was higher against the British Pound on Tuesday.<br/><br/> EUR/GBP was trading at 0.8747, up 0.03% at time of writing.<br/><br/> The pair was likely to find support at 0.8674, Thursday&rsquo;s low, and resistance at 0.8800, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.06% to hit 1.4165 and EUR/JPY rising 0.50% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Up During Asian Trade Posted: 16 May 2011 08:35 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Tuesday.<br/><br/> USD/JPY was trading at 81.16, up 0.46% at time of writing.<br/><br/> The pair was likely to find support at 80.35, Friday&rsquo;s low, and resistance at 81.32, Thursday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.04% to hit 1.4161 and GBP/USD rising 0.02% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Economics Of Globalization Are Changing Fast And Are Starting To Favor Moving Back To America Posted: 16 May 2011 08:24 PM PDT From The Economist: “Labor arbitrage—taking advantage of lower wages abroad, especially in poor countries—has never been the only force pushing multinationals to locate offshore, but it has certainly played a big part. Now, however, as emerging economies boom, wages there are rising. Pay for factory workers in China, for example, soared by 69% between 2005 and 2010. So the gains from labor arbitrage are starting to shrink, in some cases to the point of irrelevance, according to a new study … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Down In Asian Trading Hours Posted: 16 May 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 0.9752, down 0.06% at time of writing.<br/><br/> The pair was likely to find support at 0.9600, Thursday&rsquo;s low, and resistance at 0.9770, Monday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.01% to hit 1.4154 and GBP/USD falling 0.001% 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: 16 May 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 1.0543, down 0.11% at time of writing.<br/><br/> The pair was likely to find support at 1.0514, Monday&rsquo;s low, and resistance at 1.0716, Friday&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.001% to hit 1.3413 and AUD/JPY rising 0.16% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

RBA Minutes Indicate Higher Rates Likely “At Some Point”, Monitoring Possible Uneven Recovery Posted: 16 May 2011 07:19 PM PDT The RBA's minutes released today showed that the central bank, although closely monitoring higher inflation in the future, indicated that higher interest rates may also hinder some parts of the economy. Although the Australian dollar gained against its American counterpart early after the release, it pared its gains as growth concerns dampened demand for the currency. Highlights from today's minutes include: RBA sees rate increases probably "at some point" to ease inflation Core … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down During The Asian Session Posted: 16 May 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 1.4141, down 0.11% at time of writing.<br/><br/> The pair was likely to find support at 1.4048, Monday&rsquo;s low, and resistance at 1.4339, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.13% to hit 0.8733 and EUR/JPY rising 0.11% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/USD Breaks Below 1.4150 In Asian Session; Bearish Outlook Held Under 1.4175 Posted: 16 May 2011 06:58 PM PDT EUR/USD Has a Resistance Cluster at 1.42 (5/16) EUR/USD Short-Term- The EUR/USD broke through a resistance cluster at 1.42, but was stalled at 1.4250, right above the 61.8% retracement level. - The decline paused then extended further in the start of the the Asian session. This came with a break below 1.4150, a pivot to provide support. - Now the market has also broken below a rising trendline, and is threatening to retest the 1.4050 low. However, a break above the Asian high so far at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/JPY Up During Asian Trade Posted: 16 May 2011 06:35 PM PDT Forex Pros – The Euro was higher against the Japanese Yen on Tuesday.<br/><br/> EUR/JPY was trading at 114.48, up 0.10% at time of writing.<br/><br/> The pair was likely to find support at 113.42, Monday&rsquo;s low, and resistance at 115.62, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the British Pound, with EUR/USD shedding 0.16% to hit 1.4133 and EUR/GBP falling 0.16% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

JG Summit Holdings Primed To Move Higher? Posted: 16 May 2011 06:19 PM PDT JG Summit Holdings or JGS in the Philippine Stock Exchange for a while had moved past its previous high at PHP 27.50. However, sellers are quick to bring it back towards PHP 27.00. Nonetheless, things still look rosy for JGS at least from a technical perspective at this point in time. 2011 is a positive year so far for JGS as it has been able to push its price up from PHP 19.58 during the start of January to a high of PHP 28.30 couple of days ago. Still, it appears that it has some more leg to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Markets In Everything: Pay-What-You-Want Panera Posted: 16 May 2011 06:16 PM PDT USA Today — “A Pay-what-you-want Panera in Clayton, MO called a success. The menu board lists “suggested funding levels,” not prices. Payments go into a donation box, though the cashiers provide change and handle credit card payments. The majority of patrons pay the “suggested funding level” or more. Statistics provided by Panera indicate that roughly 60% leave the suggested amount; 20% leave more; and 20% less. One person paid $500 for a meal, the largest single … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Technical Analysis For May 17, 2011 Posted: 16 May 2011 06:00 PM PDT By ForexMansion.com   The USD/JPY rose during the day on Monday but fell later in the session, forming a semi-shooting star candle. It should be noted that the complete range was very tight, so the shape of the candle isn't as important as the fact that it had such a small trading range. The pair looks like it is trying to find support at the 80 mark. For now, we are waiting for a large green candle to go long as shorting isn't possible due to central banks below. Originally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CHF Technical Analysis For May 17, 2011 Posted: 16 May 2011 05:59 PM PDT By ForexMansion.com   The USD/CHF pair fell hard in Monday trading, and looks vulnerable to the downside as traders bought up the Franc for safety. The market appears to be ready to fall, and the 0.88 level will be the key to keeping upward pressure, and looks like it could give way soon. We prefer to sell rallies in this pair, just as we have been saying for quite some time now. Originally posted here Read more about forex technical analysis, forex fundamental analysis and forex news … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Technical Analysis For May 17, 2011 Posted: 16 May 2011 05:58 PM PDT By ForexMansion.com   The USD/CAD pair rose during Monday trading, and has shown a possible break out in the making. While it is early to call it a confirmed break out, the 0.97 area has been broken by about 50 pips at the end of the day. The market looks like it wants to move upward from here. The next big test for this bounce will be the 0.9850 area, as it looks resistive as well. Originally posted here Read more about forex technical analysis, forex fundamental analysis and forex … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/USD Technical Analysis For May 17, 2011 Posted: 16 May 2011 05:55 PM PDT By ForexMansion.com   EUR/USD rose Monday, but fell short of breaking back out to the upside. One certainly can see weakness in this pair at the moment, and it is by far the favorite short of many funds at the moment. Because of this, there is going to be considerable pressure on this pair for a while. A break of 1.40 sends the pair much lower. It is possible the market consolidates for the time being as it waits for news involving the Greek debts crisis. Originally posted here Read … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD Technical Analysis For May 17, 2011 Posted: 16 May 2011 05:54 PM PDT By ForexMansion.com   The NZD/USD pair fell hard in Monday trading, but looks like it might be forming a hammer at the 0.78 level, which is support. This could limit the downside for the time being, and possibly push this pair back up towards the 0.80 level as this pair has been consolidating between the two levels. A break of the Monday lows would be rather bearish, and could send the pair lower. However, for the time being we have to believe that the pair is finding … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/USD Technical Analysis For May 17, 2011 Posted: 16 May 2011 05:53 PM PDT By ForexMansion.com   The GBP/USD rose in Monday trading, but then fell right back down as the sellers entered the market during the latter hours of trading. The pair is currently trading right in the middle of an area that has been historically choppy, so technical signals are going to be tough to pick out at these levels. Because of this, we are simply ignoring this pair for the time being. Originally posted here Read more about forex technical analysis, forex fundamental analysis … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/JPY Technical Analysis For May 17, 2011 Posted: 16 May 2011 05:52 PM PDT By ForexMansion.com   The GBP/JPY rose during the Monday session, but fell hard towards the latter part of the day. The candle that formed looks a lot like a shooting star, although the candle is at the bottom of a range, so having said that it looks like a small rally failed. Because of this, the market looks weak. But the central banks are still below, and will certainly notice a break of this support area of 130 that we are currently at. We are sitting on our hands for the time … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/CHF Technical Analysis For May 17, 2011 Posted: 16 May 2011 05:50 PM PDT By ForexMansion.com   The GBP/CHF fell again during Monday trading, and looks very weak at these levels. This makes sense as the trend is most certainly to the down side. The 1.40 area is considered to be a very important area for the upside for the pair. The trend will certainly continue to push the pair lower as the pair has been very strong in the down move. Buying isn't recommended as the bounce that could come simply won't be enough to change the trend. We look to sell … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Industry Rotation Among S&P 500 Industry Groups Posted: 16 May 2011 05:48 PM PDT I don’t know what’s happening to the market or how long it will go on but there is a weird transition happening. Others had talked about for a number of days so I had to see for myself and, lo and behold, it turns out to be true. Scroll through the charts of the S&P 500 stocks for yourselves, as I did, and you’ll find it hitting you right in the face. The thing that’s happening is that there seem to be only three group of stocks recently moving ahead while the rest of the market seems to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/JPY Up During The Asian Session Posted: 16 May 2011 05:45 PM PDT Forex Pros – The British Pound was higher against the Japanese Yen on Tuesday.<br/><br/> GBP/JPY was trading at 131.21, up 0.31% at time of writing.<br/><br/> The pair was likely to find support at 130.30, Friday&rsquo;s low, and resistance at 133.18, Thursday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the U.S. Dollar and the Euro, with GBP/USD gaining 0.12% to hit 1.6211 and EUR/GBP falling 0.05% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/JPY Technical Analysis For May 17, 2011 Posted: 16 May 2011 05:44 PM PDT By ForexMansion.com   The EUR/JPY rose during the Monday session, but didn't manage to break above the former support area of 115. This move confirms that the support has turned into resistance – a bearish sign. The pair could have some ways to go lower, but the central banks are below, and that is never the person you want on the other end of your trade. We will simply observe, and look for buying set ups at much lower prices now. Originally posted here Read more about forex … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/GBP Technical Analysis For May 17, 2011 Posted: 16 May 2011 05:43 PM PDT By ForexMansion.com   The EUR/GBP pair rose during Monday trading, retesting the previous support area as potential resistance. So far it has held, and this suggests that perhaps we are starting to shift to a downward bias in this currency pair. The 0.8750 area is vital as resistance to propel this market lower. Currently we favor shorting this pair, but only after it makes fresh new lows in the 0.8650 area. Originally posted here Read more about forex technical analysis, forex … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/CHF Technical Analysis For May 17, 2011 Posted: 16 May 2011 05:42 PM PDT By ForexMansion.com   EUR/CHF fell on Monday, but fell short of breaking the support levels below. The pair continues to look weak, but is still above the all-important 1.23 mark. A break below would certainly send the pair much lower as the downtrend continues to punish the market. For the time being, we are waiting to see just that very signal. Until then, it would be dangerous to sell at this critical support area. Originally posted here Read more about forex technical analysis, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/USD Technical Analysis For May 17, 2011 Posted: 16 May 2011 05:41 PM PDT By ForexMansion.com   The AUD/USD pair rose during Monday trading, only to fall precipitously in the later hours of the session. This is a very bearish sign, save for one thing: massive support at the 1.05 level. This keeps us from shorting this pair, but the shape o fthe Monday candle keeps us from wanting to buy it as well. Because of this, we are observing for the next day or two before looking for a trade. Originally posted here Read more about forex technical analysis, forex … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/NZD Technical Analysis For May 17, 2011 Posted: 16 May 2011 05:40 PM PDT By ForexMansion.com   The AUD/NZD pair rose during Monday trading, and in a strong manner. It did fall short of smashing through the 1.35 area, and as such looks like it still be be in consolidation mode for a while. Look for this pair to bounce between 1.32 and 1.35 for a while as although it has an upward bias – there are no clear technical signals at the moment. Originally posted here Read more about forex technical analysis, forex fundamental analysis and forex news on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up In Asian Trade Posted: 16 May 2011 05:05 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Tuesday.<br/><br/> EUR/USD was trading at 1.4156, up 0.001% at time of writing.<br/><br/> The pair was likely to find support at 1.4048, Monday&rsquo;s low, and resistance at 1.4339, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.09% to hit 0.8736 and EUR/JPY rising 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Battle Is Squared Posted: 16 May 2011 04:20 PM PDT Today the fight over the federal budget deficit moves into higher gear. Officially, technically, legally, and as a matter of federal accounting, the federal government has reached the limit of its capacity to borrow money. Yawn. Most Americans have no idea what the debt ceiling is but it sounds like it shouldn't be breached. Only 27 percent support raising it. When talking heads jabber about the debt ceiling, millions of eyes glaze over. TV channels are switched. It should be a yawn. It's a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Motor Fuel Tax Rates For Selected Countries Posted: 16 May 2011 04:20 PM PDT COUNTRY GASOLINE TAX (Cents/Gallon) DIESEL TAX (Cents/Gallon) Netherlands 479 313 United Kingdom 447 450 Germany 437 333 Belgium 426 299 France 412 309 Italy 395 314 Japan 281 179 United States 39 46 Source: U.S. Department of Transportation (November 2010) HT: Larry … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Jed Clampett Crude Oil Cycle Posted: 16 May 2011 02:20 PM PDT Jed Clampett had the stuff coming out of his ears in the hit TV show ‘The Beverly Hillbillies’, I wonder if he knew the magic of profits from dominant Hurst cycles theories. We use the DBO ETF for crude oil cycle studies, have a look. I think readers should adopt a new rule of trend analysis: Trade the trend, amended to.. Trade the trend till it bends, amended to.. Trade the dominant cycle. Without further ado here it is: DBO Cycle is 222 periods, 325 is not bad, the light purple line is the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Daily Fundamental Analysis For May 17, 2011 Posted: 16 May 2011 08:48 AM PDT By ForexMansion.com The USD/CAD pair extended its gains on Monday on falling commodity prices, especially crude oil and raw materials, where pessimism spread through markets after the U.S. released data from the manufacturing sector that showed activities eased well below expectations in May, while the uncertainty surrounding the EU debt crisis helped in adding to the uncertainty surrounding the outlook, which weighed down heavily on the Canadian dollar and pushed the USD/CAD pair to rise. The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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