DailyMarkets.com - Forex – Dollar Eases Off Record Low Against Swiss Franc

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• Forex – Dollar Eases Off Record Low Against Swiss Franc
• Forex – EUR/GBP Pares Gains Ahead Of EBC Press Conference
• European Stocks Edge Higher Ahead Of ECB; DAX Up 0.15%
• Forex Trading: EUR/$ Finds Resistance @ 1.46448
• Forex – Dollar Broadly Lower As EBC Policy Meeting Awaited
• U.K. Goods Trade Deficit Narrows More-than-expected
• Crude Oil Futures Gain After OPEC Fails To Agrees On Quotas
• Forex – Pound Up Against Weaker Dollar Ahead Of BoE Meeting
• Forex – Dollar Pulls Away From 1-month Low Against Yen
• Bank Indonesia Holds Interest Rate At 6.75%
• Gold Steadies As U.S. Dollar Weakens Ahead Of ECB Decision
• Central Bank Of Brazil Raises Selic Rate 25bps To 12.25%
• Forex – NZD/USD Rises After RBNZ Signals That Rates Will Increase
• RBNZ Holds Official Cash Rate At 2.50%
• Asia Stocks Dip On U.S. Recovery Concerns; Nikkei Sheds 0.1%
• Forex – AUD/USD Hits 2-week Low After Soft Employment Data
• Forex – EUR/USD Up Ahead Of ECB Press Conference
• Reserve Bank Of New Zealand Leaves Interest Rate Unchanged
• Momentum Stock: Fresh Del Monte Produce, Inc.
• Bear Of The Day: Ferrellgas Partners (FGP)
• Bull Of The Day: Embraer S.A.
• Aggressive Growth Stock: The Goodyear Tire & Rubber Co.
• Growth & Income Stock: United Parcel Service, Inc.
• Forex – EUR/USD Up During The Asian Session
• Forex – GBP/USD Up In Asian Trade
• Forex – EUR/CHF Up In Asian Trading Hours
• Jim Rogers: U.S. Headed For A Worse Financial Crisis
• Jeff Macke: The Fed Is Trapped In A Box
• Forex – USD/CHF Up During Asian Trade
• Meredith Whitney: Municipal Bond Crisis Isn’t Over
• Forex – EUR/GBP Up During The Asian Session
• Forex – USD/JPY Up During Asian Trade
• University Administrators Will Outnumber College Faculty By 2014; It’s Already A Reality At UM-Flint
• Forex – USD/CAD Down In Asian Trading Hours
• First Philippine Holdings (FPH) Gearing For A Move Up?
• Forex – AUD/USD Down During Asian Trade
• Forex – EUR/USD Up During The Asian Session
• Australian Employment Change Rises Less-than-expected
• Forex – AUD/USD Down On Economic Data
• Forex – EUR/JPY Up During Asian Trade
• How To Save The Elephants? Buy Ivory, Shoot Them
• Forex – GBP/JPY Up During The Asian Session
• AUD/NZD Daily Fundamental Analysis For June 10, 2011
• AUD/USD Daily Fundamental Analysis For June 10, 2011
• NZD/USD Daily Fundamental Analysis For June 10, 2011
• USD/JPY Daily Fundamental Analysis For June 10, 2011
• Forex News – Eyes On Central Banks
• USD/JPY Technical Analysis For June 9, 2011
• USD/CHF Technical Analysis For June 9, 2011
• USD/CAD Technical Analysis For June 9, 2011
• NZD/USD Technical Analysis For June 9, 2011
• GBP/USD Technical Analysis For June 9, 2011
• GBP/JPY Technical Analysis For June 9, 2011
• GBP/CHF Technical Analysis For June 9, 2011
• EUR/USD Technical Analysis For June 9, 2011
• EUR/JPY Technical Analysis For June 9, 2011
• EUR/GBP Technical Analysis For June 9, 2011
• EUR/CHF Technical Analysis For June 9, 2011
• AUD/USD Technical Analysis For June 9, 2011
• AUD/NZD Technical Analysis For June 9, 2011

Forex – Dollar Eases Off Record Low Against Swiss Franc Posted: 09 Jun 2011 03:16 AM PDT Forex Pros – The U.S. dollar was up against the Swiss franc on Thursday, easing off the pair&rsquo;s all-time low ahead of a policy setting meeting and key press conference by the European Central Bank later in the day. <br /><br />USD/CHF hit 0.8411 during European morning trade, the pair&rsquo;s highest since June 3; the pair subsequently consolidated at 0.8399, gaining 0.46%.<br /><br />The pair was likely to support at 0.8325, the low of June 7, which was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Pares Gains Ahead Of EBC Press Conference Posted: 09 Jun 2011 02:39 AM PDT Forex Pros – The euro pared gains against the pound on Thursday, pulling back from the daily high, ahead of a policy setting meeting and key press conference by the European Central Bank later in the day.<br /><br />EUR/GBP pulled back from 0.8915 the daily high, to hit 0.8894 during European morning trade, up just 0.05% on the day.<br /><br />The pair was likely to find support at 0.8844, the low of June 6 and resistance at 0.8975, Wednesday&rsquo;s high and a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Stocks Edge Higher Ahead Of ECB; DAX Up 0.15% Posted: 09 Jun 2011 02:14 AM PDT Forex Pros – European stock markets were up on Thursday, rebounding from a ten-week low ahead of a key policy setting meeting by the European Central Bank, while U.S. futures indexes pointed to a slightly higher open on Wall Street. <br /><br />During European morning trade, the EURO STOXX 50 rose 0.13%, France&rsquo;s CAC 40 added 0.15%, while Germany’s DAX 30 edged 0.2% higher.<br /><br />The ECB was not expected to increase its benchmark interest rate later in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EUR/$ Finds Resistance @ 1.46448 Posted: 09 Jun 2011 02:08 AM PDT After finding a bottom at 1.45635, the pair has traded continually higher since yesterday until it turned around after finding resistance at the 61.8% on the move from Tuesday's high to yesterday's low. Currently, we are seeing some short-term support around the 1.4621; if it holds we look back towards the 50.0% line as our target. However, if trading continues lower the 38.2% line is our next … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Broadly Lower As EBC Policy Meeting Awaited Posted: 09 Jun 2011 01:37 AM PDT Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Thursday, amid concerns over the faltering pace of the U.S. economic recovery and ahead of a key policy setting meeting by the European Central Bank.<br /><br />During European morning trade, the greenback was down against the euro, with EUR/USD rising 0.31% to hit 1.4629.<br /><br />The ECB was not expected to increase its benchmark interest rate but bank head Jean-Claude Trichet was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.K. Goods Trade Deficit Narrows More-than-expected Posted: 09 Jun 2011 01:36 AM PDT Forex Pros – The U.K.&rsquo;s goods trade deficit narrowed more-than-expected in April, official data showed on Thursday.<br /><br />In a report, the U.K. Office for National Statistics said the country’s goods trade deficit narrowed to a seasonally adjusted GBP7.4 billion in April, compared to a deficit of GBP7.7 billion in March. <br /><br />Economists had expected the goods trade deficit to narrow to GBP7.5 billion in April.<br /><br />Export prices … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Futures Gain After OPEC Fails To Agrees On Quotas Posted: 09 Jun 2011 01:25 AM PDT Forex Pros – Crude oil futures were up for a third day on Thursday, extending sharp gains from the previous session after the Organization of the Petroleum Exporting Countries said it would leave production quotas unchanged.<br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in July traded at USD101.39 a barrel during European morning trade, gaining 0.29%.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br /><br />It earlier rose … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Pound Up Against Weaker Dollar Ahead Of BoE Meeting Posted: 09 Jun 2011 01:09 AM PDT Forex Pros – The pound advanced to a two-day high against the broadly weaker U.S. dollar on Thursday, ahead of a policy setting meeting by the Bank of England later in the day.<br /><br />GBP/USD hit 1.6466 during early European trade, the pair&rsquo;s highest since Tuesday; the pair subsequently consolidated at 1.6449, gaining 0.29%.<br /><br />Cable was likely to find support at 1.6323, Tuesday&rsquo;s low and resistance at 1.6546, the high of May 31 and a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Pulls Away From 1-month Low Against Yen Posted: 09 Jun 2011 12:33 AM PDT Forex Pros – The U.S. dollar was slightly higher against the yen on Thursday, after tumbling to a one-month low on Wednesday, amid concerns that faltering U.S. economic growth may create a drag on global growth.<br /><br />USD/JPY hit 80.30 during late Asian trade, the daily high; the pair subsequently consolidated at 80.14, rising 0.31%.<br /><br />The pair was likely to find short-term support at 79.69, Wednesday&rsquo;s low and a one-month low and resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bank Indonesia Holds Interest Rate At 6.75% Posted: 09 Jun 2011 12:30 AM PDT Indonesia’s central bank, Bank Indonesia, held the BI reference rate unchanged at 6.75%.  The Bank said: “Bank Indonesia will strengthen the policy mix of monetary and followed-up macroprudential measures, with a focus on managing capital inflows and domestic liquidity, along with exchange rate appreciation in line with exchange rate appreciation in the Asian region.  Bank Indonesia is strongly confident that the implementation of these monetary and macroprudential policy mix can … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Steadies As U.S. Dollar Weakens Ahead Of ECB Decision Posted: 09 Jun 2011 12:26 AM PDT Forex Pros – Gold futures held steady on Thursday, after falling to a three-day low in the previous session, as the U.S. dollar weakened against the euro ahead of a European Central Bank rate announcement later in the day, underpinning demand for the precious metal.<br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at USD1,537.35 a troy ounce during late Asian trade, easing down … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Central Bank Of Brazil Raises Selic Rate 25bps To 12.25% Posted: 09 Jun 2011 12:14 AM PDT The Banco Central Do Brasil increased the Selic interest rate by 25 basis points to 12.25% from 12.00% previously.  According to a Bloomberg report, the Bank said: “Taking into account the balance of inflation risks, the still uncertain rhythm of the moderation of domestic activity, as well as the complexity of the international environment, the committee understands that, at the moment, the implementation of adjustment in monetary conditions for a sufficiently long period … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Rises After RBNZ Signals That Rates Will Increase Posted: 09 Jun 2011 12:09 AM PDT Forex Pros – The New Zealand dollar rose against its U.S. counterpart on Thursday, after the Reserve Bank of New Zealand left its official cash rate unchanged but indicated that rates will need to rise over the next two years to curb inflation.<br /><br />NZD/USD clawed back up from a daily low of 0.8142 to hit 0.8204, during late Asian trade, gaining 0.68%.<br /><br />The pair was likely to find support at 0.8071, the low of June 3 and resistance at 0.8262, the high … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

RBNZ Holds Official Cash Rate At 2.50% Posted: 09 Jun 2011 12:03 AM PDT The Reserve Bank of New Zealand maintained the Official Cash Rate (OCR) unchanged at 2.50%.  The Bank Said: ”As GDP growth picks up, underlying inflation is expected to rise.  A gradual increase in the OCR over the next two years will be required to offset this, such that CPI inflation tracks close to the midpoint of the target band over the latter part of the projection.  The pace and timing of increases will be guided by the speed of recovery, but for now the OCR remains … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Asia Stocks Dip On U.S. Recovery Concerns; Nikkei Sheds 0.1% Posted: 08 Jun 2011 11:50 PM PDT Forex Pros – Asian stock markets declined on Thursday, as concerns over the U.S. economic outlook weighed on market sentiment, while shares in Tokyo Electric Power Company plunged to a record low. <br /><br />During late Asian trade, Hong Kong’s Hang Seng Index slumped 1.3%, South Korea’s Kospi Composite fell 0.57%, while Japan&rsquo;s Nikkei 225 Index shed 0.11%. <br /><br />In its Beige Book published Wednesday, the Federal Reserve said that the pace of the U.S. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Hits 2-week Low After Soft Employment Data Posted: 08 Jun 2011 11:46 PM PDT Forex Pros – The Australian dollar fell to a two-week low against its U.S. counterpart on Thursday, after government data showed that employment growth slowed sharply last month and full time employment declined.<br /><br />AUD/USD hit 1.0564 during late Asian trade, the pair&rsquo;s lowest since May 26; the pair subsequently consolidated at 1.0575, shedding 0.45%.<br /><br />The pair was likely to find support at 1.0508, the low of May 26 and resistance at 1.0774, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up Ahead Of ECB Press Conference Posted: 08 Jun 2011 11:26 PM PDT Forex Pros – The euro was up against the U.S. dollar on Thursday, ahead of a post-policy meeting press conference by European Central Bank President Jean-Claude Trichet later in the day, at which he was widely expected to signal a July rate hike.<br /><br />EUR/USD hit 1.4632 during late Asian trade, the daily high; the pair subsequently consolidated at 1.4620, gaining 0.25%.<br /><br />The pair was likely to find support at 1.4450, the low of June 3 and resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Reserve Bank Of New Zealand Leaves Interest Rate Unchanged Posted: 08 Jun 2011 11:18 PM PDT Forex Pros – The Reserve Bank of New Zealand kept its benchmark interest rate unchanged in June, it announced on Thursday.<br /><br />In a statement, the RBNZ said it was keeping its benchmark interest rate unchanged at 2.50% in June, broadly in line with expectations.<br /><br />Commenting on the decision, central bank Governor Alan Bollard said, &ldquo;The outlook for the New Zealand economy has improved since the publication of the March … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Stock: Fresh Del Monte Produce, Inc. Posted: 08 Jun 2011 11:05 PM PDT Fresh Del Monte Produce, Inc. (NYSE:FDP) is weathering the choppy market nicely, currently trading near its 52-week high at $28.60 on a 28% Q2 earnings surprise. With the food story accelerating on growing demand and erratic weather, this Zacks #1 stock is a bountiful pick for momentum. Company Description Fresh Del Monte Produce, together with its subsidiaries, produces transports and sources fruit and vegetables worldwide. The company was founded in 1886 and has a market cap of $1.58 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bear Of The Day: Ferrellgas Partners (FGP) Posted: 08 Jun 2011 11:05 PM PDT Ferrellgas Partners (NYSE:FGP), since the beginning of fiscal 2011, has already made four acquisitions. However, the partnership’s results in the second quarter continued the past trend of poor earnings. Moreover, we believe the absence of distribution growth for more than a decade has led the partnership to trade at a discount to its propane peers. We do not see any catalyst to change this situation in the near-term, which should affect the unit price going forward. We also see increased … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: Embraer S.A. Posted: 08 Jun 2011 11:05 PM PDT Embraer S.A. – ADS (NYSE:ERJ) posted strong results in the first quarter of fiscal 2011 with EPADS of $0.58, surpassing the Zacks Consensus Estimate of $0.34. The company’s higher sales, improved margins, strong firm order backlog and solid cash management strategy appear encouraging. Moreover, Embraer’s expansion in China, Central Asia, Europe, Middle East and Africa as well as its diversification into government security and defense mechanism along with the corporate jets are expected to bring … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: The Goodyear Tire & Rubber Co. Posted: 08 Jun 2011 11:05 PM PDT The Goodyear Tire & Rubber Company (NYSE:GT) might be seeing higher input costs, but management has keep the business thriving. Growth rates are soaring and shares are still a good value. With estimates rising and a nice earnings track record, GT is a Zacks #1 Rank (Strong Buy). Company Description Goodyear is a well known global tire company and probably needs not further introduction. Strength Across the Board On Apr 29 the company reported quarterly results that were driven by record-highs … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth & Income Stock: United Parcel Service, Inc. Posted: 08 Jun 2011 11:05 PM PDT United Parcel Service, Inc. (NYSE:UPS) recently delivered its 7 consecutive positive earnings surprises on solid revenue growth and a relatively high degree of operating leverage. Management raised its guidance for 2011 following strong Q1 results. This prompted analysts to raise their estimates, sending the stock to a Zacks #2 Rank (Buy). Brown has also been steadily raising its dividend over the last decade thanks to strong free cash flow generation. It currently yields 3.0%. First Quarter … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 08 Jun 2011 10:55 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Thursday.<br/><br/> EUR/USD was trading at 1.4614, up 0.21% at time of writing.<br/><br/> The pair was likely to find support at 1.4558, Monday&rsquo;s low, and resistance at 1.4696, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.19% to hit 0.8907 and EUR/JPY rising 0.47% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Up In Asian Trade Posted: 08 Jun 2011 10:25 PM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Thursday.<br/><br/> GBP/USD was trading at 1.6409, up 0.04% at time of writing.<br/><br/> The pair was likely to find support at 1.6325, Tuesday&rsquo;s low, and resistance at 1.6473, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.25% to hit 0.8912 and GBP/JPY rising 0.27% 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: 08 Jun 2011 09:55 PM PDT Forex Pros – The Euro was higher against the Swiss Franc on Thursday.<br/><br/> EUR/CHF was trading at 1.2220, up 0.23% at time of writing.<br/><br/> The pair was likely to find support at 1.2162, Monday&rsquo;s low, and resistance at 1.2313, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.24% to hit 1.4619 and EUR/JPY rising 0.42% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Jim Rogers: U.S. Headed For A Worse Financial Crisis Posted: 08 Jun 2011 09:51 PM PDT Jim Rogers discusses how another recession will eventually be here, and how the government is in an even worse position now to deal with it given they've increased our debt burden trying to fight the last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Jeff Macke: The Fed Is Trapped In A Box Posted: 08 Jun 2011 09:35 PM PDT Macke discusses how the Fed risks severely damaging the dollar with QE3, or a depressed economy if government stimulus is withdrawn.  He's also bearish on the stock market right now, and says hope is not a viable investment … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Up During Asian Trade Posted: 08 Jun 2011 09:25 PM PDT Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Thursday.<br/><br/> USD/CHF was trading at 0.8361, up 0.01% at time of writing.<br/><br/> The pair was likely to find support at 0.8328, Tuesday&rsquo;s low, and resistance at 0.8391, Tuesday&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 0.23% to hit 1.4617 and USD/JPY rising 0.18% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Meredith Whitney: Municipal Bond Crisis Isn’t Over Posted: 08 Jun 2011 09:14 PM PDT Meredith Whitney appeared on Squawk Box today to discuss the municipal bond market. She received a lot of attention for her forecast last year of defaults in the muni bond market. She says she still has conviction and "knows she's right" that there will be trouble in that market. During the interview she said she believed there will be a large number of muni defaults and she also believed the housing market nationwide still has to fall by more than 10% before the bear market 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: 08 Jun 2011 09:00 PM PDT Forex Pros – The Euro was higher against the British Pound on Thursday.<br/><br/> EUR/GBP was trading at 0.8908, up 0.20% at time of writing.<br/><br/> The pair was likely to find support at 0.8884, Wednesday&rsquo;s low, and resistance at 0.8976, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.23% to hit 1.4618 and EUR/JPY rising 0.44% 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: 08 Jun 2011 08:35 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Thursday after the release of Japanese data on GDP.<br/><br/> USD/JPY was trading at 80.15, up 0.33% at time of writing.<br/><br/> The pair was likely to find support at 79.70, Wednesday&rsquo;s low, and resistance at 80.40, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Japanese gross domestic product fell more-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

University Administrators Will Outnumber College Faculty By 2014; It’s Already A Reality At UM-Flint Posted: 08 Jun 2011 08:22 PM PDT According to Malcom Harris writing in n+1: “And while the proportion of tenure-track teaching faculty has dwindled, the number of managers has skyrocketed in both relative and absolute terms. If current trends continue, the Department of Education estimates that by 2014 there will be more administrators than instructors at American four-year nonprofit colleges. A bigger administration also consumes a larger portion of available funds, so it's unsurprising that budget shares for instruction … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Down In Asian Trading Hours Posted: 08 Jun 2011 08:10 PM PDT Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Thursday.<br/><br/> USD/CAD was trading at 0.9788, down 0.06% at time of writing.<br/><br/> The pair was likely to find support at 0.9732, Tuesday&rsquo;s low, and resistance at 0.9821, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.30% to hit 1.4628 and GBP/USD rising 0.05% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

First Philippine Holdings (FPH) Gearing For A Move Up? Posted: 08 Jun 2011 07:46 PM PDT First Philippine Holdings or FPH has been performing relatively well for the last three months. And by the looks of it, it seems that is already gearing for some more gains. As you can see from its daily chart above, FPH has been consolidating within a symmetrical triangle. At present, it is already trading near the apex of a triangle, suggesting a likely swing soon. With FPH moving above its 200-day moving average, the chance of an upside breakout is greater. So if an upside breakout occurs, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Down During Asian Trade Posted: 08 Jun 2011 07:30 PM PDT Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Thursday after the release of Australian data on Employment Change.<br/><br/> AUD/USD was trading at 1.0574, down 0.47% at time of writing.<br/><br/> The pair was likely to find support at 1.0564, today&rsquo;s low, and resistance at 1.0768, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Australian employment change rose less-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 08 Jun 2011 07:05 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Thursday.<br/><br/> EUR/USD was trading at 1.4624, up 0.28% at time of writing.<br/><br/> The pair was likely to find support at 1.4558, Monday&rsquo;s low, and resistance at 1.4696, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.26% to hit 0.8914 and EUR/JPY rising 0.53% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Australian Employment Change Rises Less-than-expected Posted: 08 Jun 2011 06:45 PM PDT Forex Pros – Australian employment change rose less-than-expected last month, official data showed on Thursday.<br/><br/>In a report, Australian Bureau of Statistics said that Australian employment change rose to a seasonally adjusted 7.8K, from -22.1K in the preceding month.<br/><br/>Analysts had expected Australian employment change to rise 25.6K last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Down On Economic Data Posted: 08 Jun 2011 06:45 PM PDT Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Thursday after the release of Australian data on Employment Change.<br/><br/> AUD/USD was trading at 1.0584, down 0.38% at time of writing.<br/><br/> The pair was likely to find support at 1.0578, today&rsquo;s low, and resistance at 1.0768, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Australian employment change rose less-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/JPY Up During Asian Trade Posted: 08 Jun 2011 06:35 PM PDT Forex Pros – The Euro was higher against the Japanese Yen on Thursday after the release of Japanese data on GDP.<br/><br/> EUR/JPY was trading at 117.08, up 0.49% at time of writing.<br/><br/> The pair was likely to find support at 116.30, Wednesday&rsquo;s low, and resistance at 117.89, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Japanese gross domestic product fell more-than-expected to a seasonally adjusted -0.9% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

How To Save The Elephants? Buy Ivory, Shoot Them Posted: 08 Jun 2011 05:54 PM PDT In the 1970s, Keyna had about six times as many elephants as Zimbabwe, and today Zimbabwe has three times more elephants than Keyna (see chart).  What happened that caused the dramatic reversal in elephant populations in the two African countries?  Terry Anderson and Shawn Regan of the Property and Environment Research Center (PERC) explain in their excellent article “Shoot an Elephant, Save a Community”: “Anti-hunting groups succeeded in getting Kenya to ban all hunting in 1977. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/JPY Up During The Asian Session Posted: 08 Jun 2011 05:45 PM PDT Forex Pros – The British Pound was higher against the Japanese Yen on Thursday after the release of Japanese data on GDP.<br/><br/> GBP/JPY was trading at 131.28, up 0.18% at time of writing.<br/><br/> The pair was likely to find support at 130.50, Wednesday&rsquo;s low, and resistance at 132.30, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Japanese gross domestic product fell more-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/NZD Daily Fundamental Analysis For June 10, 2011 Posted: 08 Jun 2011 03:54 PM PDT By ForexMansion.com The AUD/NZD pair has continued its downside movement for the third straight on Thursday, reaching around its lowest since the beginning of the year. The RBNZ comments opened the door for the Kiwi to control the AUD/NZD movement, and made it easy for the investors to choose which currency to invest in. The Reserve Bank of New Zealand announced its interest rate decision, where the central bank kept the rate steady at 2.50%, to support the economic recovery after the quake … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/USD Daily Fundamental Analysis For June 10, 2011 Posted: 08 Jun 2011 03:53 PM PDT By ForexMansion.com The Australian currency continued its down side movement for the fourth consecutive day on Thursday as Australian employers added lower workers than economists forecast in May and fulltime jobs declined for a second month. Aussie witnessed a sharp decline against major currencies, especially the dollar as the investors see that Australia is still suffering from the hurdle phase caused by the natural disaster, reducing the bets on interest rate increases. The Australian … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD Daily Fundamental Analysis For June 10, 2011 Posted: 08 Jun 2011 03:52 PM PDT By ForexMansion.com The New Zealand economy has grabbed global investors’ attention after the RBNZ left the rates unchanged to help the economy to rebound in the first nine months after natural disaster that damaged the nation. In the early Asian session, the New Zealand dollar advanced against its major counterparts, and it gained sharply versus the greenback after the Bank announced that the government is to present more stimuli to revive the economy. The outlook for the New Zealand economy … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Daily Fundamental Analysis For June 10, 2011 Posted: 08 Jun 2011 03:51 PM PDT By ForexMansion.com The Japanese Yen has dropped versus major currencies, while it declined sharply against the US dollar after the first quarter GDP that showed a third contraction in a decade, confirming that the economy is in recession. Nevertheless, the effect did not last long as the USD/JPY returned to trend to the downside. The Japanese economy has recorded the third contraction in a decade, where it followed analysts’ expectation to record another contraction. Japan shrank less than … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex News – Eyes On Central Banks Posted: 08 Jun 2011 03:23 PM PDT By ForexMansion.com   Broad markets continue to be tentative as investors await the ECB and BoE’s rate decisions. No major surprises are expected, however Trichet will surly face questions about the European debt crisis and the next move by the central bank in July. Trichet will be careful about the tone he uses since he knows very well the implications any changes in the signals he gives will cause. Therefore it is certain that he will try to comfort investors, and many expect him to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Technical Analysis For June 9, 2011 Posted: 08 Jun 2011 09:41 AM PDT By ForexMansion.com   The USD/JPY pair fell on Wednesday, which is significant because we are actually below the massive support line at the 80 level. The level hasn't completely given way though, and it is showing signs of support in the day's bullish hammer candle. Because of this, if we break the highs of Wednesday's candle, we are going to try a buy order in this pair. We don't sell this pair with the central banks looming below. Originally posted here Read more about … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CHF Technical Analysis For June 9, 2011 Posted: 08 Jun 2011 09:41 AM PDT By ForexMansion.com   The USD/CHF formed a doji during the Wednesday session, and is starting to look slightly tired at these levels. Perhaps a nice bounce is in the cards for this pair, but we certainly do not want to buy it based upon the recent price action in the market. Because of this, we are waiting for a rally – perhaps to the 0.85 area – to sell. We will let price action guide our hands. In the meantime, it appears that the pair is struggling to fall further. Originally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Technical Analysis For June 9, 2011 Posted: 08 Jun 2011 09:40 AM PDT By ForexMansion.com   The USD/CAD had another tight ranged day on Wednesday, and still remains below the overall bearish down trend line. Because of this, it appears that we are in for a good old-fashioned dogfight at these levels. The pair seems stuck, and we are waiting to see if we can break above 0.9850 or below 0.97 in order to make a trading decision. 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

NZD/USD Technical Analysis For June 9, 2011 Posted: 08 Jun 2011 09:39 AM PDT By ForexMansion.com   The NZD/USD fell during the Wednesday session, and is currently testing the 0.8150 area. This area has been supportive for the last several sessions, and appears to be an area that is roughly 50 pips thick. Because of this, we are still fairly bullish as long as we can stay above the 0.81 level. We still like the Kiwi for the time being. 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

GBP/USD Technical Analysis For June 9, 2011 Posted: 08 Jun 2011 09:38 AM PDT By ForexMansion.com   The GBP/USD had a volatile session on Wednesday, first falling heavily, and then bouncing hard in the latter hours. Because of this, we find comfort in knowing that we don't get involved when we are not at support or resistance. This is a perfect example of a "noisy" chart, and we have no need to get involved. A daily close above 1.65 or a daily bearish bar at that level is what we are looking for to trigger either a buy or sell in this pair. Originally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/JPY Technical Analysis For June 9, 2011 Posted: 08 Jun 2011 09:37 AM PDT By ForexMansion.com   The GBP/JPY fell hard, but bounced slightly off of support at the 131 level during the Wednesday session. The central banks are below, so shorting isn't a great idea at this level. (Even if it does look weak.) You can perhaps find a scalp for a buy case on this chart, but in the meantime – that is about all that you will find in this market. 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

GBP/CHF Technical Analysis For June 9, 2011 Posted: 08 Jun 2011 09:36 AM PDT By ForexMansion.com   The GBP/CHF found itself the victim of major volatility during the Wednesday session, falling and bouncing in the same session. Because of this, the pair looks like it really is trying to make a decision about the current level it finds itself at. The 1.40 is above, and will be resistive – if we make it that high. A break to new lows gets sellers involved. We are sitting on our hands until one of those two things happens. Originally posted here Read more about … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/USD Technical Analysis For June 9, 2011 Posted: 08 Jun 2011 09:35 AM PDT By ForexMansion.com   The EUR/USD pair fell hard during the Wednesday session. The pair is finding that the current levels are a bit lofty, but isn't necessarily a sell as the 1.45 needs to be retested before we can feel that we are on firm footing. The pair is subject to major headline risk, so this consolidation area will not last long, of this we can be sure. We are looking to buy above 1.47, or sell below the 1.45 support area. Originally posted here Read more about forex … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/JPY Technical Analysis For June 9, 2011 Posted: 08 Jun 2011 09:35 AM PDT By ForexMansion.com   EUR/JPY fell hard on Wednesday, breaking back through the all-important 117 level. The pair is starting to approach the massive cluster of order in the 115-116 range, and as such could bounce. Certainly, it has in the past. We still think that perhaps this is the healthiest of all Yen-related pairs, and that if we are selling the Yen – it is in this pair. However, the strength of the candle for the Wednesday session cannot be ignored. Perhaps we should wait to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/GBP Technical Analysis For June 9, 2011 Posted: 08 Jun 2011 09:34 AM PDT By ForexMansion.com   The EUR/GBP fell extremely hard during the Wednesday session, as traders can all see that it is overbought by any metric. Because of this, the pair will almost undoubtedly fall and attempt to find the 0.88 level – it has been a magnet for price for quite some time. If the momentum can keep going – we may see the beginning of another down move as the high made today is lower than the last significant one. Originally posted here Read more about forex technical … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/CHF Technical Analysis For June 9, 2011 Posted: 08 Jun 2011 09:33 AM PDT By ForexMansion.com   The EUR/CHF fell hard on Wednesday as traders sold off the EUR in general. The pair is certainly in a bearish mode, so selling rallies has been what we have been suggesting for quite some time. The recent move shows just how fickle any buying is going to be in this pair. It looks set to continue its move south. Originally posted here Read more about forex technical analysis, forex fundamental analysis and forex news on ForexMansion.com About … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/USD Technical Analysis For June 9, 2011 Posted: 08 Jun 2011 09:32 AM PDT By ForexMansion.com   The AUD/USD fell fairly hard on Wednesday as traders sold off anything that could be considered even the least bit risky. In an environment like this – everything goes. Certainly, this move wasn't the result of a suddenly weak outlook for Australia, or a great one for the United States. We still find this pair bullish overall, but it might be heading for a correction as traders shun AUD. In the mean time, we are looking for the 1.06 to hold and show signs of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/NZD Technical Analysis For June 9, 2011 Posted: 08 Jun 2011 09:31 AM PDT By ForexMansion.com   The AUD/NZD pair fell through the all-important 1.30 support zone on Wednesday, but bounced back above it. The daily candle is a hammer, and that is a well-known supportive formation. Because of this, it looks like this pair is going to struggle to get through the 1.30 in a solid manner. We could expect a bit of a bounce, but until we break 1.32 – it's hard to expect too much out of the buy side in this pair. Selling is possible under the 1.29 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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