DailyMarkets.com - Forex – USD/CHF Claws Back From Record Low As Fed Speakers Eyed
DailyMarkets.com - Forex – USD/CHF Claws Back From Record Low As Fed Speakers Eyed |
- Forex – USD/CHF Claws Back From Record Low As Fed Speakers Eyed
- Forex – EUR/GBP Near 4-week High As ECB Rate Hike View Supports
- European Stocks Decline As Airlines Slump; DAX Down 0.15%
- Euro Zone PPI Rises More-than-expected In April
- Forex Trading: Eurozone April PPI At 0.9%
- Forex Trading: Eurozone PPI @ 5
- Euro Zone Sentix Investor Confidence Tumbles In June
- Forex Trading: Eurozone Sentix Investor Confidence (June) 3.5 Vs. 8.6 Expectation.
- Forex – Dollar Steady As U.S. Jobs Data Adds To Growth Concerns
- Forex – GBP/USD Erases Gains, Pulling Away From 3-day High
- Crude Oil Declines On U.S. Demand Concerns, OPEC Eyed
- Forex – USD/JPY Near One-month Low Amid U.S. Growth Concerns
- Gold Futures Hover Close To 5-week High On U.S. Growth Concerns
- Forex – NZD/USD Inches Higher In Thin Holiday Trade
- Forex – AUD/USD Nears 3-week High After Weak U.S. Jobs Data
- Asia Stocks Slump On U.S. Recovery Concerns; Nikkei Drops 1.2%
- Forex – EUR/USD Eases Up To One-month High On ECB Rate Hopes
- Aggressive Growth Stock: Hertz Global Holdings
- Bull Of The Day: Citrix Systems, Inc. (CTXS)
- Bear Of The Day: Staples, Inc. (SPLS)
- Momentum Stock: Hill-Rom Holdings, Inc.
- Growth & Income Stock: Telecom Argentina
- Forex – EUR/USD Up 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
- Groupon IPO: Deal Or No Deal?
- Wal-Mart Unveils ‘Express’ Stores
- Forex – EUR/GBP Down In Asian Trade
- Forex – USD/JPY Down In Asian Trading Hours
- Forex – USD/CAD Up During The Asian Session
- How About A Cease-Fire In The War On Drugs?
- Forex – AUD/USD Up In Asian Trade
- Forex – GBP/CHF Up In Asian Trading Hours
- Forex – EUR/USD Down During The Asian Session
- Monitoring XLF Prevented A Potentially Devastating Trade In The S&P500
- Anything But Healthy
- Forex – USD/JPY Down In Asian Trading Hours
- Forex – EUR/JPY Up In Asian Trade
| Forex – USD/CHF Claws Back From Record Low As Fed Speakers Eyed Posted: 06 Jun 2011 03:04 AM PDT Forex Pros – The U.S. dollar clawed back up from a record low against the Swiss franc on Monday, trimming losses following Friday’s steep fall on the back of weaker-than-expected U.S. nonfarm payrolls data.<br /><br />USD/CHF hit 0.8378 during European morning trade, the daily high; the pair subsequently consolidated at 0.8372, rising 0.42%.<br /><br />The pair was likely to find short-term support at 0.8326, the pair’s all-time low and short-term … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – EUR/GBP Near 4-week High As ECB Rate Hike View Supports Posted: 06 Jun 2011 02:42 AM PDT Forex Pros – The euro was trading close to a four-week high against the pound on Monday, supported by expectations of a European Central Bank rate increase and a fresh Greek bailout deal.<br /><br />EUR/GBP hit 0.8924 during European morning trade, the daily high; the pair subsequently consolidated at 0.8913, easing up 0.04%.<br /><br />The pair was likely to find support at 0.8844, Friday’s low and resistance at 0.9006, the high of May 3.<br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| European Stocks Decline As Airlines Slump; DAX Down 0.15% Posted: 06 Jun 2011 02:07 AM PDT Forex Pros – European stock markets declined on Monday, amid mounting worries over the U.S. economic outlook, while shares in airliners performed poorly after an industry group cut the full-year profit forecast for the sector.<br /><br />During European morning trade, the EURO STOXX 50 fell 0.45%, France’s CAC 40 slumped 0.4%, while Germany’s DAX 30 shed 0.15% <br /><br />Official data released Friday showed that U.S. nonfarm payrolls rose by 54K in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Euro Zone PPI Rises More-than-expected In April Posted: 06 Jun 2011 02:04 AM PDT Forex Pros – ucer price inflation in the euro zone rose slightly more-than-expected in April, official data showed on Monday. <br /><br />In a report, Eurostat said that its producer price index rose by 0.9% in April, after rising by 0.8% in March, whose figure was upwardly revised from 0.7%. <br /><br />Analysts had expected the producer price index to rise by 0.8% in April. <br /><br />Year-over-year, the index rose at an annualized rate of 6.7% in April, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex Trading: Eurozone April PPI At 0.9% Posted: 06 Jun 2011 02:03 AM PDT E/Z April PPI m/m came in at 0.9%, stronger than the 0.8% estimate.
|
| Forex Trading: Eurozone PPI @ 5 Posted: 06 Jun 2011 01:43 AM PDT |
| Euro Zone Sentix Investor Confidence Tumbles In June Posted: 06 Jun 2011 01:33 AM PDT Forex Pros – Investor confidence in the euro zone declined significantly more-than-expected in June, industry data showed on Monday.<br /><br />In a report, market research group, Sentix said its index of investor confidence tumbled to 3.5 in June, compared to May’s reading of 10.9. <br /><br />Analysts had expected the index to decline to 8.6 in June.<br /><br />On the index, a level above 0.0 indicates optimism, below indicates pessimism.<br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex Trading: Eurozone Sentix Investor Confidence (June) 3.5 Vs. 8.6 Expectation. Posted: 06 Jun 2011 01:31 AM PDT The market had a limited reaction to the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – Dollar Steady As U.S. Jobs Data Adds To Growth Concerns Posted: 06 Jun 2011 01:28 AM PDT Forex Pros – The U.S. dollar held steady against its major counterparts on Monday, following Friday’s broad decline after scant gains in U.S. nonfarm payrolls added to concerns over a slowdown in the U.S. economic recovery.<br /><br />During European morning trade, the greenback was slightly higher against the euro, with EUR/USD slipping 0.10% to hit 1.4617.<br /><br />The euro remained supported after the European Union and the International Monetary Fund … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – GBP/USD Erases Gains, Pulling Away From 3-day High Posted: 06 Jun 2011 01:04 AM PDT Forex Pros – The pound pulled back from a three-day high against its U.S. counterpart on Monday, as U.K. Chancellor George Osborne was forced to defend his deficit-cutting plan after a group of economists said the pace of cutbacks was putting the recovery at risk.<br /><br />GBP/USD retreated from 1.6459, the pair’s highest since June 1 to hit 1.6421 during early European trade, dipping 0.03%.<br /><br />Cable was likely to find support at 1.6304, last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Crude Oil Declines On U.S. Demand Concerns, OPEC Eyed Posted: 06 Jun 2011 12:55 AM PDT Forex Pros – Crude oil futures were down for a second day on Monday, dropping below USD100 a barrel, as worries over the pace of the U.S. economic recovery added to concerns over a slowdown in demand from the world’s largest user.<br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in July traded at USD99.72 a barrel during European morning trade, slumping 0.84%. <br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – USD/JPY Near One-month Low Amid U.S. Growth Concerns Posted: 06 Jun 2011 12:28 AM PDT Forex Pros – The U.S. dollar was hovering just above a one-month low against the yen on Monday, after falling on Friday as weaker-than-expected U.S. jobs data added to concerns over a slowdown in U.S. growth.<br /><br />USD/JPY hit 80.17 during late Asian trade, the daily low; the pair subsequently consolidated at 80.25, dipping 0.02%.<br /><br />The pair was likely to find short-term support at 79.56, the low of May 5 and resistance at 81.00, Friday’s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Gold Futures Hover Close To 5-week High On U.S. Growth Concerns Posted: 06 Jun 2011 12:13 AM PDT Forex Pros – Gold futures were up for a second day on Monday, hovering close to a five-week high as concerns that the U.S. economic recovery is faltering boosted the safe haven appeal of the precious metal, while a broadly weaker U.S. dollar also supported prices. <br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at USD1,545.75 a troy ounce during late Asian trade, climbing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – NZD/USD Inches Higher In Thin Holiday Trade Posted: 06 Jun 2011 12:08 AM PDT Forex Pros – The New Zealand dollar edged higher against its U.S. counterpart in thin trade on Monday, easing up to a daily high, as markets in New Zealand remained closed for a public holiday.<br /><br />NZD/USD hit 0.8172 during late Asian trade, the daily high; the pair subsequently consolidated at 0.8169, easing up 0.16%.<br /><br />The pair was likely to find support at 0.8071, Friday’s low and resistance at 0.8262, the high of May 31 and the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – AUD/USD Nears 3-week High After Weak U.S. Jobs Data Posted: 05 Jun 2011 11:52 PM PDT Forex Pros – The Australian dollar was up against its U.S. counterpart on Monday, approaching a three-week high after Friday’s weaker-than-expected U.S. jobs data reinforced expectations that U.S. interest rates will stay low for longer.<br /><br />AUD/USD hit 1.0766 during late Asian trade, the daily high; the pair subsequently consolidated at 1.0749, gaining 0.31%.<br /><br />The pair was likely to find support at 1.0593, Friday’s low and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Asia Stocks Slump On U.S. Recovery Concerns; Nikkei Drops 1.2% Posted: 05 Jun 2011 11:44 PM PDT Forex Pros – Asian stock markets were broadly lower in thin trade on Monday, as mounting 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, Australia’s ASX/200 Index shed 0.45%, Japan’s Nikkei 225 Index dropped 1.22%, while markets in South Korea and Hong Kong remained closed for a public holiday. <br /><br />The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – EUR/USD Eases Up To One-month High On ECB Rate Hopes Posted: 05 Jun 2011 11:30 PM PDT Forex Pros – The euro edged higher against the U.S. dollar on Monday, easing up to a one-month high, boosted by expectations that the European Central Bank will signal a July rate hike later this week.<br /><br />EUR/USD hit 1.4658 during late Asian trade, the pair’s highest since May 5; the pair subsequently consolidated at 1.4644, gaining 0.06%.<br /><br />The pair was likely to find support at 1.4450, Friday’s low and resistance at 1.4898, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Aggressive Growth Stock: Hertz Global Holdings Posted: 05 Jun 2011 11:05 PM PDT Hertz Global Holdings, Inc. (NYSE:HTZ) analysts are expecting big things from this Zacks #1 Rank (Strong Buy). After the last quarterly report estimates have jumped, pushing growth rates well into the double-digits.
|
| Bull Of The Day: Citrix Systems, Inc. (CTXS) Posted: 05 Jun 2011 11:05 PM PDT We upgrade our recommendation on Citrix Systems (NASDAQ:CTXS) to Outperform backed by its excellent performance in first-quarter 2011. The company is growing gradually as virtualization and cloud computing becomes essential for large enterprises to reduce costs when the economy begins to recover from recession.
|
| Bear Of The Day: Staples, Inc. (SPLS) Posted: 05 Jun 2011 11:05 PM PDT Staples, Inc. (NASDAQ:SPLS) posted lower-than-expected first-quarter 2011 results. The quarterly earnings of $0.28 per share missed the Zacks Consensus Estimate of $0.32 and remained flat compared with the prior-year quarter. Given the underperformance, the company took a cautious stance and trimmed its fiscal 2011 earnings guidance.
|
| Momentum Stock: Hill-Rom Holdings, Inc. Posted: 05 Jun 2011 11:05 PM PDT Hill-Rom Holdings, Inc. (NYSE:HRC) remains glued to its recent 52-week high after reporting another strong quarter in late April. With estimates on the upswing and a bullish growth projection, this Zacks #1 rank stock doesn’t rest for momentum.
|
| Growth & Income Stock: Telecom Argentina Posted: 05 Jun 2011 11:05 PM PDT Estimates have been rising for Telecom Argentina (NYSE:TEO) after the company delivered strong Q1 results driven by better than expected mobile revenues. It is a Zacks #2 Rank (Buy) stock.
|
| Forex – EUR/USD Up During The Asian Session Posted: 05 Jun 2011 10:40 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Monday.<br/><br/> EUR/USD was trading at 1.4638, up 0.01% at time of writing.<br/><br/> The pair was likely to find support at 1.4308, Wednesday’s low, and resistance at 1.4658, Monday’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 0.8915 and EUR/JPY rising 0.06% 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: 05 Jun 2011 10:15 PM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Monday.<br/><br/> GBP/USD was trading at 1.6422, down 0.02% at time of writing.<br/><br/> The pair was likely to find support at 1.6287, Friday’s low, and resistance at 1.6497, Wednesday’s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.03% to hit 0.8912 and GBP/JPY rising 0.06% 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: 05 Jun 2011 09:50 PM PDT Forex Pros – The Euro was higher against the Swiss Franc on Monday.<br/><br/> EUR/CHF was trading at 1.2223, up 0.16% at time of writing.<br/><br/> The pair was likely to find support at 1.2054, Wednesday’s low, and resistance at 1.2318, Wednesday’s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.04% to hit 1.4642 and EUR/JPY rising 0.06% 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: 05 Jun 2011 09:20 PM PDT Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Monday.<br/><br/> USD/CHF was trading at 0.8346, up 0.10% at time of writing.<br/><br/> The pair was likely to find support at 0.8329, Monday’s low, and resistance at 0.8543, Wednesday’s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.01% to hit 1.4634 and USD/JPY rising 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 05 Jun 2011 09:05 PM PDT Could Groupon be a colossal failure after it goes public? Or is it going to be wildly successful? There's been some interesting articles written on the company recently which I've included links to below. Besides the fact that they're the biggest name in this business model right now, I'm not sure what is going to give them an advantage in the future over some of their upcoming competitors (Google, Facebook).
|
| Wal-Mart Unveils ‘Express’ Stores Posted: 05 Jun 2011 09:00 PM PDT 06/06/11 Wal-Mart Stores will open smaller shopping outlets to remain competitive in rural and urban … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – EUR/GBP Down In Asian Trade Posted: 05 Jun 2011 09:00 PM PDT Forex Pros – The Euro was lower against the British Pound on Monday.<br/><br/> EUR/GBP was trading at 0.8903, down 0.08% at time of writing.<br/><br/> The pair was likely to find support at 0.8744, Wednesday’s low, and resistance at 0.8923, Friday’s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and down against the Japanese Yen, with EUR/USD gaining 0.001% to hit 1.4636 and EUR/JPY falling 0.001% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – USD/JPY Down In Asian Trading Hours Posted: 05 Jun 2011 08:35 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Monday.<br/><br/> USD/JPY was trading at 80.26, down 0.02% at time of writing.<br/><br/> The pair was likely to find support at 80.06, Friday’s low, and resistance at 81.50, Wednesday’s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.05% to hit 1.4643 and GBP/USD rising 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – USD/CAD Up During The Asian Session Posted: 05 Jun 2011 08:10 PM PDT Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Monday.<br/><br/> USD/CAD was trading at 0.9785, up 0.07% at time of writing.<br/><br/> The pair was likely to find support at 0.9668, Wednesday’s low, and resistance at 0.9852, Friday’s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.03% to hit 1.4641 and GBP/USD rising 0.12% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| How About A Cease-Fire In The War On Drugs? Posted: 05 Jun 2011 07:31 PM PDT Mary Anastasia O’Grady write in Monday’s WSJ about how an increasing number of world leaders are concluding that laws against drug consumption do more harm than good (see related CD post here about the Global Commission on Drug Policy Report): “Almost 100 years after drug prohibition was ushered in, school children report that they can easily access narcotics and surveys indicate they are used across social classes. A May 23 story in the Economist reported that Canada now trumps Mexico as an … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – AUD/USD Up In Asian Trade Posted: 05 Jun 2011 07:30 PM PDT Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Monday.<br/><br/> AUD/USD was trading at 1.0741, up 0.23% at time of writing.<br/><br/> The pair was likely to find support at 1.0588, Thursday’s low, and resistance at 1.0775, Friday’s high.<br/><br/> Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.20% to hit 1.3632 and AUD/JPY rising 0.24% 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: 05 Jun 2011 07:05 PM PDT Forex Pros – The British Pound was higher against the Swiss Franc on Monday.<br/><br/> GBP/CHF was trading at 1.3716, up 0.12% at time of writing.<br/><br/> The pair was likely to find support at 1.3618, Friday’s low, and resistance at 1.4063, Wednesday’s high.<br/><br/> Meanwhile, the British Pound was up against the U.S. Dollar and the Euro, with GBP/USD gaining 0.09% to hit 1.6441 and EUR/GBP falling 0.08% 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: 05 Jun 2011 06:35 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Monday.<br/><br/> EUR/USD was trading at 1.4633, down 0.02% at time of writing.<br/><br/> The pair was likely to find support at 1.4308, Wednesday’s low, and resistance at 1.4658, Monday’s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.11% to hit 0.8900 and EUR/JPY falling 0.05% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Monitoring XLF Prevented A Potentially Devastating Trade In The S&P500 Posted: 05 Jun 2011 06:24 PM PDT My most recent analysis regarding the S&P 500 has been proven to be inaccurate as a failed breakout has transpired on the S&P 500 this past week. While there is no such thing as a perfect analyst, I will openly admit that my most recent article proved to be wrong. After I watched as the S&P 500 broke out above the upper channel resistance area I was expecting continuation. What transpired the following day was absolute carnage in the marketplace.
|
| Posted: 05 Jun 2011 06:20 PM PDT To most reasonable observers — even those without any training or academic background in economics whatsoever — the following reports indicate that the U.S. economy is — and has been — anything but healthy:
|
| Forex – USD/JPY Down In Asian Trading Hours Posted: 05 Jun 2011 06:00 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Monday.<br/><br/> USD/JPY was trading at 80.18, down 0.12% at time of writing.<br/><br/> The pair was likely to find support at 80.06, Friday’s low, and resistance at 81.50, Wednesday’s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.12% to hit 1.4654 and GBP/USD rising 0.14% 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: 05 Jun 2011 05:25 PM PDT Forex Pros – The Euro was higher against the Japanese Yen on Monday.<br/><br/> EUR/JPY was trading at 117.59, up 0.08% at time of writing.<br/><br/> The pair was likely to find support at 115.78, Wednesday’s low, and resistance at 117.71, Wednesday’s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and down against the British Pound, with EUR/USD gaining 0.01% to hit 1.4637 and EUR/GBP falling 0.17% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home