Sunday, May 1, 2011

DailyMarkets.com - Forex – USD/JPY Weekly Outlook: May 2-6

DailyMarkets.com - Forex – USD/JPY Weekly Outlook: May 2-6

Forex – USD/JPY Weekly Outlook: May 2-6

Posted: 01 May 2011 03:00 AM PDT

Forex Pros – The U.S. dollar fell to a one-month low against the yen on Friday, after U.S. Federal Reserve Chairman Ben Bernanke indicated that ultra-loose monetary policy would stay in place for the foreseeable future.<br /><br />USD/JPY hit 81.03 on Friday, the pair&rsquo;s lowest since March 25; the pair subsequently consolidated at 81.18 by close of trade, shedding 0.74% over the week.<br /><br />The pair is likely to find short-term support at 80.70, the low … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Weekly Outlook: May 2-6

Posted: 01 May 2011 01:50 AM PDT

Forex Pros – Last week saw the U.S. dollar suffer its worst weekly performance since September, as U.S. economic growth slowed and as Federal Reserve Chairman Ben Bernanke said he was unsure when monetary stimulus will end.<br /><br />The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, hit a three-year low on Friday after tumbling 3.8% in April.<br /><br />On Thursday, the Commerce Department said U.S. economic … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Michigan Economy Doing Better Than California?!

Posted: 30 Apr 2011 07:52 PM PDT

For the six months starting last August and continuing through March of this year, the jobless rate in Michigan has been lower than California’s rate (see chart above).  That follows 88 straight months going back to March 2003 when Michigan’s jobless rate was above California’s.  How interesting that Michigan, the “basket-case” state with the highest jobless rate in the country during most of the last recession, now has a jobless rate almost two points below the “unionacracy” of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

You Know The USA Economy Is Bad When

Posted: 30 Apr 2011 05:28 AM PDT

These are sound economic measures.

My neighbor got a pre-declined credit card in the mail.
Wives are having sex with their husbands because they can't afford batteries.
CEO's are now playing miniature golf.
Exxon-Mobil laid off 25 Congressmen.
A stripper was killed when her audience showered her with rolls of pennies while she danced.
I saw a Mormon with only one wife.
If the bank returns your check marked "Insufficient Funds," you call them and ask if they meant you or … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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