DailyMarkets.com - Stock Market Rally: Permabear Throws In The Towel

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• Stock Market Rally: Permabear Throws In The Towel
• Forex – EUR/GBP Extends Gains After Robust Euro Zone PPI
• Forex News – Bin Laden’s Death Confirmation Took Markets By Surprise
• Forex – USD/CHF Rebounds From Record Low After Bin Laden Killed
• NZD/USD Daily Fundamental Analysis For May 3, 2011
• USD/JPY Daily Fundamental Analysis For May 3, 2011
• European Stocks Advance After Bin Laden Death; DAX Up 0.85%
• Forex – Dollar Higher Vs. Most Rivals On News Of Bin Laden’s Death
• Forex – Pound Falls Against Dollar After News Of Bin Laden’s Death
• Forex – USD/JPY Rebounds From 1-month Low After Bin Laden Death
• Swiss SVME PMI Declines Unexpectedly In April
• Swiss Retail Sales Dip Unexpectedly In March
• Forex – NZD/USD Falls After U.S. Says Osama Bin Laden Is Dead
• Forex – AUD/USD Eases Off All-time High After Bin Laden Death
• Asia Stocks Rally On News Bin Laden Killed; Nikkei Jumps 1.6%
• Forex – EUR/USD Slips On Reports Bin Laden Killed By U.S. Forces
• Aggressive Growth Stock: Buffalo Wild Wings
• Bear Of The Day: Montpelier Re Holdings (MRH)
• Bull Of The Day: AAR Corporation (AIR)
• Growth & Income Stock: Alliance Holdings GP, L.P.
• Momentum Stock: Eaton Corp
• Forex – EUR/USD Down During The Asian Session
• Forex – GBP/USD Down In Asian Trade
• Forex – EUR/CHF Up In Asian Trading Hours
• Forex – USD/CHF Up During The Asian Session
• Forex – EUR/GBP Up In Asian Trade
• Forex – USD/JPY Up In Asian Trading Hours
• Week In Review
• FTC Proposes Guidelines For Food Marketing To Children
• Forex – USD/CAD Up During The Asian Session
• Forex – AUD/USD Down In Asian Trade
• Forex – GBP/CHF Up In Asian Trading Hours
• Forex – EUR/USD Down During The Asian Session
• Forex – USD/JPY Up In Asian Trading Hours
• Forex – EUR/JPY Up In Asian Trade
• Forex – AUD/USD Down On Economic Data
• Australian HPI Falls More-than-expected
• Time For A Different Tack?
• Forex – GBP/JPY Up In Asian Trading Hours
• Forex – NZD/USD Down During The Asian Session
• Forex – GBP/USD Up During The Asian Session
• Forex – USD/JPY Up In Asian Trade
• Forex – EUR/USD Down During The Asian Session

Stock Market Rally: Permabear Throws In The Towel Posted: 02 May 2011 03:18 AM PDT What's the best move to make right now? Stocks are up 9% in four months. The P/E ratio of the S&P 500 is just shy of 25. That's right in between the 1929 and 1987 highs – both of which preceded crashes Bonds, yielding anywhere from 1% to 10% depending on quality, offer have huge risks and not much reward. Meanwhile, a recent Gallup survey revealed 55% of Americans felt the U.S. was in a recession. More than half of those felt we were in a depression. The combination is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Extends Gains After Robust Euro Zone PPI Posted: 02 May 2011 03:11 AM PDT Forex Pros – The euro extended early gains against the pound on Monday, trading within striking distance of a six-month high after a report showed that manufacturing activity in the euro zone in April showed the second-strongest pace of expansion since August 2000.<br /><br />EUR/GBP hit 0.8906 during European morning trade, the daily high; the pair subsequently consolidated at 0.8895, gaining 0.40%.<br /><br />The pair was likely to find support at 0.8807, the low of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex News – Bin Laden’s Death Confirmation Took Markets By Surprise Posted: 02 May 2011 02:43 AM PDT By ForexMansion.com   Markets were taken by surprise when President Obama confirmed Osama Bin Laden has been killed. This announcement eased some concerns, pushing oil prices towards the $112 per barrel, although many markets are closed or semi-closed across Europe due to Labor Day holiday, volumes will be thin in markets. Following the news the dollar strengthened against majors including the euro and the pound, pushing the yen down as well, which brought gains in Asia, especially since … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Rebounds From Record Low After Bin Laden Killed Posted: 02 May 2011 02:26 AM PDT Forex Pros – The U.S. dollar rebounded from a record low against the Swiss franc on in thin holiday trade on Monday, following news that Al Qaeda leader Osama Bin Laden had been killed by U.S. Special Forces in Pakistan.<br /><br />USD/CHF clawed back up from 0.8624, the pair&rsquo;s all-time low to hit 0.8680 during European morning trade, gaining 0.31%.<br /><br />The pair was likely to find short-term support at 0.8624, the days low and short-term resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD Daily Fundamental Analysis For May 3, 2011 Posted: 02 May 2011 02:10 AM PDT By ForexMansion.com The Kiwi dropped with the start of the week versus the greenback and other majors after the yield advantage of two-year New Zealand government bonds over similar-maturity Treasuries narrowed to 214 basis points today from 215 basis points on April 29. The New Zealand dollar dropped as Obama said Bin Laden has been killed pushing up Treasury yields, and boosting the demand for the U.S. currency. New Zealand Tuesday at 22:45 (Monday) will publish its average hourly earnings … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Daily Fundamental Analysis For May 3, 2011 Posted: 02 May 2011 02:09 AM PDT By ForexMansion.com The USD/JPY pair starts the week moving to the upside, after it dropped last week to its lowest level in 5 weeks. The main reason behind the upside movement remains the risk appetite, which encourage investors to buy higher-yielding currencies against the Japanese yen. The heavy drop in Japan's industrial production during the quake, and the slump in exports could force the BOJ to pump more liquidity in the financial markets, causing the Japanese currency to decline … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Stocks Advance After Bin Laden Death; DAX Up 0.85% Posted: 02 May 2011 01:54 AM PDT Forex Pros – European stock markets were broadly higher in thin holiday trade on Monday, after President Barack Obama confirmed that al-Qaeda leader Osama bin Laden had been killed by U.S. forces in Pakistan, while U.S. futures indexes pointed to a higher open on Wall Street.&nbsp;&nbsp;&nbsp; <br /><br />During European morning trade, the EURO STOXX 50 climbed 0.3%, France&rsquo;s CAC 40 rose 0.4%, Germany’s DAX 30 jumped 0.85%, while London&rsquo;s FTSE 100 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Higher Vs. Most Rivals On News Of Bin Laden’s Death Posted: 02 May 2011 01:20 AM PDT Forex Pros – The U.S. dollar was broadly higher against its major counterparts on in holiday thinned trade on Monday, after news reports confirmed that Al Qaeda leader Osama bin Laden had been killed in a U.S. military operation in Pakistan.<br /><br />During European morning trade, the greenback dipped against the euro, with EUR/USD easing up 0.04% to hit 1.4811.<br /><br />The dollar strengthened on the view that that bin Laden’s death could make the U.S. less … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Pound Falls Against Dollar After News Of Bin Laden’s Death Posted: 02 May 2011 01:08 AM PDT Forex Pros – The pound was down against the broadly stronger U.S. dollar in thin holiday trade on Monday, after U.S. President Barack Obama confirmed that al-Qaeda leader Osama bin Laden had been killed in Pakistan.<br /><br />GBP/USD hit 1.6642 during European morning trade, the daily low; the pair subsequently consolidated at 1.6688, shedding 0.15%.<br /><br />Cable was likely to find support at 1.6623, Friday&rsquo;s low and short-term resistance at 1.6745, last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Rebounds From 1-month Low After Bin Laden Death Posted: 02 May 2011 12:34 AM PDT Forex Pros – The U.S. dollar rebounded from a one-month low against the yen on Monday, following reports that that al Qaeda leader Osama bin Laden had been killed by the U.S. military in Pakistan.<br /><br />USD/JPY clawed back up from 80.98, the pair&rsquo;s lowest since March 25 to hit 81.47 during early European trade, gaining 0.35%.<br /><br />The pair was likely to find support at 80.98, the days low and a one-month low and resistance at 82.27, last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Swiss SVME PMI Declines Unexpectedly In April Posted: 02 May 2011 12:34 AM PDT Forex Pros – Manufacturing activity in Switzerland unexpectedly declined in April, industry data showed on Monday.<br /><br />In a report, the Swiss SVME purchasing managers’ association and Credit Suisse said that its purchasing managers&rsquo; index fell to a seasonally adjusted 58.4 in April, down from 59.3 in March.&nbsp; <br /><br />Analysts had expected the index to rise to 59.8 in April.<br /><br />On the index, a reading above 50.0 indicates … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Swiss Retail Sales Dip Unexpectedly In March Posted: 02 May 2011 12:19 AM PDT Forex Pros – Retail sales in Switzerland declined unexpectedly in March, official data showed on Monday.<br /><br />In a report, Switzerland&rsquo;s Federal Statistical Office said that retail sales fell by an annual rate of 0.2% in March, after jumping by 1.8% in February, whose figure was upwardly revised from 1.5%.&nbsp; <br /><br />Analysts had expected retail sales to increase at annual rate of 2.3% in March. <br /><br />Following the release … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Falls After U.S. Says Osama Bin Laden Is Dead Posted: 02 May 2011 12:17 AM PDT Forex Pros – The New Zealand dollar was down against its U.S. counterpart on Monday, retreating from a three-year high after U.S. President Barack Obama said that al Qaeda leader Osama bin Laden had been killed by U.S. forces.<br /><br />NZD/USD retreated from 0.8180, a multi-year high, to hit 0.8065 during late Asian trade, shedding 0.40%.<br /><br />The pair was likely to find support at 0.8001, Friday&rsquo;s low and short-term resistance at 0.8108, the days … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Eases Off All-time High After Bin Laden Death Posted: 02 May 2011 12:03 AM PDT Forex Pros – The Australian dollar eased off the all-time high against the U.S. dollar on Monday, after U.S. President Barack Obama said al-Qaeda leader Osama bin Laden had been killed in Pakistan.<br /><br />AUD/USD retreated from 1.1009, the pair&rsquo;s highest level since it was floated in December 1983, to hit 1.0937 during late Asian trade, sliding 0.31%.<br /><br />The pair was likely to find support at 1.0850, last Thursday&rsquo;s low and short-term … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Asia Stocks Rally On News Bin Laden Killed; Nikkei Jumps 1.6% Posted: 01 May 2011 11:50 PM PDT Forex Pros – Asian stock markets posted sharp gains in thin trade on Monday, as market sentiment was boosted after President Obama confirmed that Al Qaeda leader Osama bin Laden had been killed in Pakistan.&nbsp;&nbsp;&nbsp; <br />&nbsp;<br />During late Asian trade, South Korea’s Kospi Composite rose 1.67%, Australia&rsquo;s ASX/200 Index added 0.2%, while Japan&rsquo;s Nikkei 225 Index jumped 1.57%.<br /><br />Markets in Hong Kong, China, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Slips On Reports Bin Laden Killed By U.S. Forces Posted: 01 May 2011 11:36 PM PDT Forex Pros – The euro slipped against the U.S. dollar on Monday, dipping to a three-day low, following reports that al Qaeda leader Osama bin Laden was killed in a firefight with U.S. forces in Pakistan.<br /><br />EUR/USD hit 1.4764 during late Asian trade, the pair&rsquo;s lowest since April 27; the pair subsequently consolidated at 1.4795, slipping 0.05%.<br /><br />The pair was likely to find support at 1.4631, the low of April 27 and resistance at 1.4877, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: Buffalo Wild Wings Posted: 01 May 2011 11:05 PM PDT Buffalo Wild Wings, Inc. (NASDAQ:BWLD) is coming off of a surprisingly strong quarter. Earnings beat expectations and the company will continue is aggressive expansion. This Zacks #1 Rank (Strong Buy) has analysts raising their outlooks on positive guidance from the company. Company Description Buffalo Wild Wings owns, operates and franchises the popular sports bar that serves up specialized chicken wings, amongst other offerings. They have over 750 locations across the U.S. Earnings Jump 41% On Apr … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bear Of The Day: Montpelier Re Holdings (MRH) Posted: 01 May 2011 11:05 PM PDT Montpelier Re Holdings (NYSE:MRH) reported operating loss, less than the Zacks Consensus Estimate loss but wider than the year-ago loss. The quarter suffered largely due to huge catastrophe losses coupled with significant increase in expense as well as lower investment income. The current pricing environment in the primary insurance market and the stressed economy is expected to restrict top-line growth. Additionally, there exists execution risk with the newer platforms and we expect investment … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: AAR Corporation (AIR) Posted: 01 May 2011 11:05 PM PDT AAR Corporation (NYSE:AIR) posted encouraging results for the third quarter 2011 with earnings per share of $0.45; up 61% year over year and surpassed the Zacks Consensus Estimate of $0.42. Improvements in all business segments, except for Structures and Systems, roughly doubled the revenue in the quarter. Moreover, the company derives enormous benefits from its Aviation Worldwide Services (AWS) acquisition. This strategic step will not only be accretive to earnings and margins but also contribute … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth & Income Stock: Alliance Holdings GP, L.P. Posted: 01 May 2011 11:05 PM PDT Alliance Holdings GP, L.P. (NASDAQ:AHGP) reported a 13% positive earnings surprise on April 26 while also announcing its 12th consecutive quarterly distribution hike. It yields a solid 4.1%. Analysts have been raising their estimates off the strong quarter and are projecting double-digit earnings growth for AHGP over the next two years. It is a Zacks #2 Rank (Buy) stock. Alliance Holdings GP, L.P. is a limited partnership formed to own and control Alliance Resource Partners, L.P. (NASDAQ:ARLP), which … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Stock: Eaton Corp Posted: 01 May 2011 11:05 PM PDT Eaton Corp (NYSE:ETN) recently jumped back to its multi-year high after reporting strong Q1 results that included a 5% earnings surprise. With four consecutive earnings surprises and a bullish growth projection, this Zacks #1 rank stock clears the momentum bar. Company Description Eaton Corp produces a range of industrial goods including electric and hydraulic components and systems. The company was founded in 1916 and has a market cap of $18.7 billion. Eaton has been trending higher for most of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down During The Asian Session Posted: 01 May 2011 10:50 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Monday.<br/><br/> EUR/USD was trading at 1.4777, down 0.20% at time of writing.<br/><br/> The pair was likely to find support at 1.4633, Wednesday&rsquo;s low, and resistance at 1.4882, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.06% to hit 0.8866 and EUR/JPY rising 0.25% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down In Asian Trade Posted: 01 May 2011 10:30 PM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Monday.<br/><br/> GBP/USD was trading at 1.6668, down 0.25% at time of writing.<br/><br/> The pair was likely to find support at 1.6436, Wednesday&rsquo;s low, and resistance at 1.6747, Thursday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.15% to hit 0.8874 and GBP/JPY rising 0.13% 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: 01 May 2011 10:15 PM PDT Forex Pros – The Euro was higher against the Swiss Franc on Monday.<br/><br/> EUR/CHF was trading at 1.2848, up 0.28% at time of writing.<br/><br/> The pair was likely to find support at 1.2794, Wednesday&rsquo;s low, and resistance at 1.2966, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and up against the Japanese Yen, with EUR/USD shedding 0.09% to hit 1.4793 and EUR/JPY rising 0.30% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Up During The Asian Session Posted: 01 May 2011 10:00 PM PDT Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Monday.<br/><br/> USD/CHF was trading at 0.8684, up 0.35% at time of writing.<br/><br/> The pair was likely to find support at 0.8626, today&rsquo;s low, and resistance at 0.8835, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.10% to hit 1.4792 and USD/JPY rising 0.37% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Up In Asian Trade Posted: 01 May 2011 09:40 PM PDT Forex Pros – The Euro was higher against the British Pound on Monday.<br/><br/> EUR/GBP was trading at 0.8875, up 0.17% at time of writing.<br/><br/> The pair was likely to find support at 0.8846, Wednesday&rsquo;s low, and resistance at 0.8937, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and up against the Japanese Yen, with EUR/USD shedding 0.19% to hit 1.4779 and EUR/JPY rising 0.20% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Up In Asian Trading Hours Posted: 01 May 2011 09:20 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Monday.<br/><br/> USD/JPY was trading at 81.41, up 0.27% at time of writing.<br/><br/> The pair was likely to find support at 81.00, today&rsquo;s low, and resistance at 82.78, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.07% to hit 1.4796 and GBP/USD falling 0.22% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Week In Review Posted: 01 May 2011 09:05 PM PDT The stock market had a very strong week last week with the major indexes all up close to 2% or more.  The Transports were the big winner for the week up 4.24%.  In the commodities complex gold actually outperformed silver this week, which hasn't occurred since March.  Money is likely flowing into gold instead of silver since gold is much less overbought than silver.  Industrials, Health Care, and Utilities were among the best performing sectors for the week. The major … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

FTC Proposes Guidelines For Food Marketing To Children Posted: 01 May 2011 09:00 PM PDT 05/02/11 The US government proposed marketing guidelines to food companies to encourage healthier eating habits for … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Up During The Asian Session Posted: 01 May 2011 09:00 PM PDT Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Monday.<br/><br/> USD/CAD was trading at 0.9484, up 0.35% at time of writing.<br/><br/> The pair was likely to find support at 0.9447, Monday&rsquo;s low, and resistance at 0.9576, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.09% to hit 1.4793 and GBP/USD falling 0.22% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Down In Asian Trade Posted: 01 May 2011 08:40 PM PDT Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Monday.<br/><br/> AUD/USD was trading at 1.0948, down 0.22% at time of writing.<br/><br/> The pair was likely to find support at 1.0780, Wednesday&rsquo;s low, and resistance at 1.1010, today&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.13% to hit 1.3516 and AUD/JPY falling 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/CHF Up In Asian Trading Hours Posted: 01 May 2011 08:15 PM PDT Forex Pros – The British Pound was higher against the Swiss Franc on Monday.<br/><br/> GBP/CHF was trading at 1.4485, up 0.19% at time of writing.<br/><br/> The pair was likely to find support at 1.4368, Wednesday&rsquo;s low, and resistance at 1.4602, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the U.S. Dollar and the Euro, with GBP/USD shedding 0.28% to hit 1.6664 and EUR/GBP rising 0.06% 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: 01 May 2011 07:50 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Monday.<br/><br/> EUR/USD was trading at 1.4806, down 0.001% at time of writing.<br/><br/> The pair was likely to find support at 1.4633, Wednesday&rsquo;s low, and resistance at 1.4882, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.15% to hit 0.8873 and EUR/JPY rising 0.27% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Up In Asian Trading Hours Posted: 01 May 2011 07:20 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Monday.<br/><br/> USD/JPY was trading at 81.26, up 0.08% at time of writing.<br/><br/> The pair was likely to find support at 81.00, today&rsquo;s low, and resistance at 82.78, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.01% to hit 1.4804 and GBP/USD falling 0.15% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/JPY Up In Asian Trade Posted: 01 May 2011 07:05 PM PDT Forex Pros – The Euro was higher against the Japanese Yen on Monday.<br/><br/> EUR/JPY was trading at 120.36, up 0.12% at time of writing.<br/><br/> The pair was likely to find support at 119.50, Wednesday&rsquo;s low, and resistance at 121.84, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the British Pound, with EUR/USD gaining 0.08% to hit 1.4818 and EUR/GBP rising 0.19% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Down On Economic Data Posted: 01 May 2011 06:55 PM PDT Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Monday after the release of Australian data on House Price Index.<br/><br/> AUD/USD was trading at 1.0957, down 0.14% at time of writing.<br/><br/> The pair was likely to find support at 1.0780, Wednesday&rsquo;s low, and resistance at 1.1010, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Australia&rsquo;s official house price index fell … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Australian HPI Falls More-than-expected Posted: 01 May 2011 06:50 PM PDT Forex Pros – Australia&rsquo;s official house price index fell more-than-expected in the last quarter, official data showed on Monday.<br/><br/>In a report, Australian Bureau of Statistics said that Australian HPI fell to a seasonally adjusted -1.70%, from 0.70% in the preceding quarter.<br/><br/>Analysts had expected Australian HPI to fall -0.50% in the last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Time For A Different Tack? Posted: 01 May 2011 06:39 PM PDT Authorities have tried endless monetary accommodation, multiple bailouts, a range of ill-conceived stimulus programs, and regular bouts of cheerleading, but so far at least, a great many Americans are not enjoying the fruits of the “recovery” that Washington and Wall Street keep talking about. But tough times call for creative solutions. Maybe it’s time for those in charge to take a different tack, and adopt a strategy that at least one locale is using to try and improve … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/JPY Up In Asian Trading Hours Posted: 01 May 2011 06:20 PM PDT Forex Pros – The British Pound was higher against the Japanese Yen on Monday.<br/><br/> GBP/JPY was trading at 135.81, up 0.11% at time of writing.<br/><br/> The pair was likely to find support at 134.27, Wednesday&rsquo;s low, and resistance at 137.05, Thursday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the U.S. Dollar and down against the Euro, with GBP/USD gaining 0.08% to hit 1.6724 and EUR/GBP rising 0.14% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Down During The Asian Session Posted: 01 May 2011 05:55 PM PDT Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Monday.<br/><br/> NZD/USD was trading at 0.8076, down 0.29% at time of writing.<br/><br/> The pair was likely to find support at 0.7972, Thursday&rsquo;s low, and resistance at 0.8108, Friday&rsquo;s high.<br/><br/> Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.40% to hit 1.3597 and EUR/NZD rising 0.49% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Up During The Asian Session Posted: 01 May 2011 05:25 PM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Monday.<br/><br/> GBP/USD was trading at 1.6726, up 0.09% at time of writing.<br/><br/> The pair was likely to find support at 1.6436, Wednesday&rsquo;s low, and resistance at 1.6747, Thursday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.02% to hit 0.8862 and GBP/JPY falling 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Up In Asian Trade Posted: 01 May 2011 05:00 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Monday.<br/><br/> USD/JPY was trading at 81.22, up 0.03% at time of writing.<br/><br/> The pair was likely to find support at 81.04, Friday&rsquo;s low, and resistance at 82.78, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.04% to hit 1.4812 and GBP/USD falling 0.13% 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: 01 May 2011 04:35 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Sunday.<br/><br/> EUR/USD was trading at 1.4792, down 0.09% at time of writing.<br/><br/> The pair was likely to find support at 1.4494, Tuesday&rsquo;s low, and resistance at 1.4882, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.06% to hit 0.8866 and EUR/JPY falling 0.04% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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