DailyMarkets.com - Forex – USD/CHF Close To Record Low After Strong Swiss Data

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• Forex – USD/CHF Close To Record Low After Strong Swiss Data
• Forex – EUR/GBP Hits 8-day High After Weak U.K. PMI Data
• European Stocks Slide On Recovery Concerns; DAX Sheds 0.2%
• U.K. Net Lending To Individuals Rises More-than-expected
• U.K. Manufacturing PMI Falls To 20-month Low In May
• Forex – Dollar Broadly Lower Vs. Rivals As Euro Rises On Greece Hopes
• Crude Oil Steady At 3-week High On U.S. Supply Concerns
• Forex Trading: Euro PMI Slightly Worse 54.6
• Forex – GBP/USD Hits Daily High As U.K. Manufacturing Data Eyed
• Forex Trading: Euro-area Man. PMI @ 4
• Forex – Dollar Pares Losses Vs. Yen As Moody’s Japan Review Weighs
• Gold Futures Hit 3-day Low As Greece Debt Fears Ease
• Central Bank Of Jordan Raises Rate 25bps To 4.50%
• Swiss SVME PMI Rises Unexpectedly In May
• Swiss Retail Sales Surge In April
• Forex – NZD/USD Eases Off Record High Amid Profit Taking
• Asia Stocks Mixed On Global Recovery Concerns; Nikkei Up 0.25%
• Forex – AUD/USD Approaches 3-week High After GDP Data
• Forex Trading: Euro Falls After A German Newspaper Says It Is Considered Certain That IMf Will Not Pay Its Share Of Current Aid To Greece At The End Of June.
• Forex – EUR/USD Hits 3-week High On Greece Debt Hopes
• Australia Q1 GDP Declines More-than-expected
• Aggressive Growth Stock: Hibbett Sporting Goods
• Bear Of The Day: HDFC Bank, Ltd.
• Bull Of The Day: SLM Corporation (SLM)
• Momentum Stock: Celanese Corp
• Growth & Income Stock: Briggs & Stratton Corportion
• Forex – EUR/USD Up During The Asian Session
• Forex – GBP/USD Up In Asian Trade
• Forex – EUR/CHF Up In Asian Trading Hours
• Michael Pento: QE3 Is Inevitable
• Forex – USD/CHF Down During Asian Trade
• Forex – EUR/GBP Up During The Asian Session
• Forex – USD/JPY Down During Asian Trade
• Forex – USD/CAD Up In Asian Trading Hours
• EUR/USD Technical Analysis For June 1, 2011
• Semirara Mining Corporation (SCC) Target Price
• Forex – AUD/USD Up During Asian Trade
• Forex – EUR/USD Up During The Asian Session
• Going Bananas
• Forex – AUD/USD Up On Economic Data
• Forex – EUR/JPY Down During Asian Trade
• Forex – GBP/JPY Down During The Asian Session
• USD/JPY Technical Analysis For June 1, 2011
• USD/CHF Technical Analysis For June 1, 2011
• USD/CAD Technical Analysis For June 1, 2011
• NZD/USD Technical Analysis For June 1, 2011
• GBP/USD Technical Analysis For June 1, 2011
• GBP/JPY Technical Analysis For June 1, 2011
• GBP/CHF Technical Analysis For June 1, 2011
• EUR/JPY Technical Analysis For June 1, 2011
• EUR/GBP Technical Analysis For June 1, 2011
• EUR/CHF Technical Analysis For June 1, 2011
• AUD/USD Technical Analysis For June 1, 2011
• AUD/NZD Technical Analysis For June 1, 2011
• USD/CAD Daily Fundamental Analysis For June 01, 2011

Forex – USD/CHF Close To Record Low After Strong Swiss Data Posted: 01 Jun 2011 02:48 AM PDT Forex Pros – The U.S. dollar was testing support a record low against the Swiss franc on Wednesday, after official data showed that Swiss retail sales rose sharply in April while the manufacturing sector picked up in May. <br /><br />USD/CHF hit 0.8471 during European morning trade, the daily low; the pair subsequently consolidated at 0.8478, tumbling 0.70%.<br /><br />The pair was likely to find short-term support at 0.8461, the low of May 27 and the pair&rsquo;s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Hits 8-day High After Weak U.K. PMI Data Posted: 01 Jun 2011 02:15 AM PDT Forex Pros – The euro advanced to an eight-day high against the pound on Wednesday, after official data showed that manufacturing activity in the U.K. grew at its slowest rate in 20 months in May.<br /><br />EUR/GBP hit 0.8795 during European morning trade, the pair&rsquo;s highest since May 20; the pair subsequently consolidated at 0.8781, gaining 0.33%.<br /><br />The pair was likely to find support at 0.8665, Tuesday&rsquo;s low and resistance at 0.8837, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Stocks Slide On Recovery Concerns; DAX Sheds 0.2% Posted: 01 Jun 2011 02:09 AM PDT Forex Pros – European stock markets were down on Wednesday, amid a combination of concerns over the pace of the global economic recovery and uncertainty over Greek sovereign debt, while U.S. futures indexes pointed to a lower open on Wall Street. <br /><br />During European morning trade, the EURO STOXX 50 shed 0.25%, France&rsquo;s CAC 40 slipped 0.2%, while Germany’s DAX 30 was down 0.2%&nbsp; <br /><br />Revised data released earlier showed that … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.K. Net Lending To Individuals Rises More-than-expected Posted: 01 Jun 2011 01:41 AM PDT Forex Pros – Net lending to individuals in the U.K. rose slightly more-than-expected in April, official data showed on Wednesday.<br /><br />In a report, the Bank of England said net lending to individuals rose by GBP1.2 billion in April, up from GBP1.1 billion in March, whose figure was upwardly revised GBP0.5 billion.<br /><br />Analysts had expected net lending to rise by GBP1.1 billion in April.<br /><br />The report showed that the number of final … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.K. Manufacturing PMI Falls To 20-month Low In May Posted: 01 Jun 2011 01:37 AM PDT Forex Pros – Manufacturing activity in the U.K. fell more-than-expected in May, dropping to the lowest level since September 2009, official data showed on Wednesday.<br /><br />In a report, market research group Markit said that its U.K. manufacturing PMI fell to a seasonally adjusted 52.1 in May, compared to a reading of 54.4 in April, whose figure was revised down from 54.6. <br /><br />Analysts had expected the manufacturing PMI to decline to 54.2 in May. <br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Broadly Lower Vs. Rivals As Euro Rises On Greece Hopes Posted: 01 Jun 2011 01:33 AM PDT Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Wednesday, while the euro advanced, boosted by hopes for an agreement on Greek austerity plans and progress towards a bailout package.<br /><br />During European morning trade, the greenback was lower against the euro, with EUR/USD rising 0.23% to hit 1.4427.<br /><br />Greek media outlets reported earlier that the Greek government’s mid-term fiscal plans were expected to be finalized by … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Steady At 3-week High On U.S. Supply Concerns Posted: 01 Jun 2011 01:18 AM PDT Forex Pros – Crude oil futures were up for a second day on Wednesday, trading at three-week high as a broadly weaker U.S. dollar and concerns over a disruption to U.S. supplies boosted prices. <br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in July traded at USD103.03 a barrel during European morning trade, gaining 0.39%.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br /><br />It earlier rose as much as 0.6% to USD103.31 a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: Euro PMI Slightly Worse 54.6 Posted: 01 Jun 2011 12:58 AM PDT … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Hits Daily High As U.K. Manufacturing Data Eyed Posted: 01 Jun 2011 12:58 AM PDT Forex Pros – The pound advanced to a daily high against the U.S. dollar on Wednesday, as a string of weaker-than-expected economic data weighed on the greenback and investors awaited U.K. manufacturing data.<br /><br />GBP/USD hit 1.6495 during European morning trade, the daily high; the pair subsequently consolidated at 1.6484, gaining 0.21%.<br /><br />Cable was likely to find support at 1.6377, the low of May 27 and resistance at 1.6546, Tuesday&rsquo;s high and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: Euro-area Man. PMI @ 4 Posted: 01 Jun 2011 12:56 AM PDT … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Pares Losses Vs. Yen As Moody’s Japan Review Weighs Posted: 01 Jun 2011 12:39 AM PDT Forex Pros – The U.S. dollar pared losses against the yen on Wednesday, pulling away from the daily low as the yen remained under pressure after Moody’s Investors Service placed Japan’s debt ratings under review for a possible downgrade.<br /><br />USD/JPY pulled back from 81.14, the daily low to hit 81.44 during early European trade, still down 0.09% on the day.<br /><br />The pair was likely to find support at 80.70, Tuesday&rsquo;s low and resistance at 82.08, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Futures Hit 3-day Low As Greece Debt Fears Ease Posted: 01 Jun 2011 12:36 AM PDT Forex Pros – Gold futures were down for a second day on Wednesday, trading at a three-day low as fears over a Greek default eased, but losses were limited as a weaker U.S. dollar supported prices.&nbsp; <br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at USD1,532.95 a troy ounce during late Asian trade, shedding … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Central Bank Of Jordan Raises Rate 25bps To 4.50% Posted: 01 Jun 2011 12:35 AM PDT The Central Bank of Jordan raised its key monetary policy interest rates by 25 basis points.  The following rates were affected:  the overnight deposit window rate will go up to 2.25% from 2.00%, the repurchase agreement rate will increase to 4.25% from 4.00%, and the rediscount rate will go up to 4.5% from 4.25%.  The Governor of the Central Bank of Jordan, Sharif Faris Abdul Hamid Sharaf, said the purpose of the increase in interest rates is to maintain … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Swiss SVME PMI Rises Unexpectedly In May Posted: 01 Jun 2011 12:32 AM PDT Forex Pros – Manufacturing activity in Switzerland rose unexpectedly in May, industry data showed on Wednesday.<br /><br />In a report, the Swiss SVME purchasing managers’ association and Credit Suisse said that its purchasing managers&rsquo; index rose to a seasonally adjusted 59.2 in May, up from 58.4 in April.&nbsp; <br /><br />Analysts had expected the index to decline to 57.6 in May.<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 Surge In April Posted: 01 Jun 2011 12:25 AM PDT Forex Pros – Retail sales in Switzerland jumped significantly more-than-expected in April, official data showed on Wednesday.<br /><br />In a report, Switzerland&rsquo;s Federal Statistical Office said that retail sales rose at an annualized rate of 7.5% in April, after dipping 0.2% in March.&nbsp;&nbsp; <br /><br />Analysts had expected retail sales to increase at annual rate of 1.9% in April. <br /><br />Following the release of the data, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Eases Off Record High Amid Profit Taking Posted: 01 Jun 2011 12:14 AM PDT Forex Pros – The New Zealand dollar eased back from an all-time high against its U.S. counterpart on Wednesday, as investors sold the currency to lock in gains after Tuesday&rsquo;s record rally.<br /><br />NZD/USD hit 0.8198 during late Asian trade, the daily low; the pair subsequently consolidated at 0.8236, dipping 0.02%.<br /><br />The pair was likely to find support at 0.8159, Tuesday&rsquo;s low and short-term resistance at 0.8262, Tuesday&rsquo;s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Asia Stocks Mixed On Global Recovery Concerns; Nikkei Up 0.25% Posted: 31 May 2011 11:51 PM PDT Forex Pros – Asian stock markets were mixed on Wednesday, as concerns over the global economic recovery weighed on market sentiment, while gains in Japan were limited amid domestic political turmoil.<br /><br />During late Asian trade, Hong Kong’s Hang Seng Index slumped 0.35%, South Korea’s Kospi Composite eased down 0.05%, while Japan&rsquo;s Nikkei 225 Index gained 0.27%.<br /><br />Data on Tuesday showed that U.S. home prices tumbled in the first quarter, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Approaches 3-week High After GDP Data Posted: 31 May 2011 11:43 PM PDT Forex Pros – The Australian dollar was higher against its U.S. counterpart on Wednesday, after government data showed that the nation&rsquo;s economic growth contracted less-than-expected in the first quarter.<br /><br />AUD/USD hit 1.0751 during late Asian trade, the daily high; the pair subsequently consolidated at 1.0736, gaining 0.61%.<br /><br />The pair was likely to find support at 1.0604, the low of May 27 and resistance at 1.0888, the high of May 11.<br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: Euro Falls After A German Newspaper Says It Is Considered Certain That IMf Will Not Pay Its Share Of Current Aid To Greece At The End Of June. Posted: 31 May 2011 11:35 PM PDT The EUR/USD fell 40 pips back below the 1.4400 handle, but has since recovered … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Hits 3-week High On Greece Debt Hopes Posted: 31 May 2011 11:27 PM PDT Forex Pros – The euro was up against the U.S. dollar on Wednesday, trading at a three-week high boosted by hopes for an agreement on Greek austerity steps while a string of weak data weighed on the greenback.<br /><br />EUR/USD hit 1.4444 during late Asian trade, the pair&rsquo;s highest since May 6; the pair subsequently consolidated at 1.4434, gaining 0.27%.<br /><br />The pair was likely to find support at 1.4276, Tuesday&rsquo;s low and resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Australia Q1 GDP Declines More-than-expected Posted: 31 May 2011 11:26 PM PDT Forex Pros – Australia&rsquo;s gross domestic product contracted more-than-expected in the first quarter of 2011, official data showed on Wednesday.<br /><br />In a report, the Australian Bureau of Statistics said that Australia&rsquo;s economy contracted by a seasonally adjusted 1.2% in the first quarter, after growing by 0.8% in the previous quarter, whose figure was upwardly revised from 0.7%. <br /><br />Analysts had expected Australia&rsquo;s GDP to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: Hibbett Sporting Goods Posted: 31 May 2011 11:05 PM PDT Hibbett Sports, Inc. (NASDAQ:HIBB) is a Zacks #1 Rank (Strong Buy) thanks to a recent earnings surprise and subsequent upward estimate revisions. HIBB stacks up well against its peers and earnings a growing at a double-digit pace. Company Description Hibbett Sports operates sporting goods stores in smaller U.S. markets. The store count is at 799 across 26 states and the company aims to open over 50 new locations this year. EPS Up 29% On May 20 the company announced great first quarter results for … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bear Of The Day: HDFC Bank, Ltd. Posted: 31 May 2011 11:05 PM PDT HDFC Bank’s (NYSE:HDB) fiscal fourth quarter 2011 (ended March 31, 2011) net earnings were up 33.2% year over year. However, higher operating expenses were among the negatives. The company is still exposed to the threat related to higher cost of funds. Also, growing competition in the retail space with the re-entry of peers is a future concern. Most of Indian banks are expected to encounter higher costs of funds as they have to raise deposit rates to meet increasing loans demand. This will keep … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: SLM Corporation (SLM) Posted: 31 May 2011 11:05 PM PDT We are upgrading our recommendation on the shares of SLM Corporation (NYSE:SLM) to Outperform. We believe that the stock price has significant upside potential owing to its leading position in the student lending market, expense curtailment initiatives and federal student loan assets acquisition. Dividend reinstatement and share buyback efforts also inspire investor confidence on the stock. The company’s first quarter 2011 core earnings came in ahead of the Zacks Consensus Estimate, primarily … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Stock: Celanese Corp Posted: 31 May 2011 11:05 PM PDT Celanese Corp (NYSE:CE) continues to trade like an all-star, recently hitting a new 52-week high on the heels of strong Q1 results that included a 16% earnings surprise. With estimates on the rise and a bullish growth projection, this Zacks #1 rank stock has some nice upward momentum. Company Description Celanese Corp operates as an industrial chemical maker, specializing in acetyl and engineered polymers. The company was founded in 2004 and has a market cap of $8.1 billion. Although CE has been … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth & Income Stock: Briggs & Stratton Corportion Posted: 31 May 2011 11:05 PM PDT Briggs & Stratton Corporation (NYSE:BGG) recently delivered better than expected results for its fiscal third quarter. The company reported modest sales growth across both of its major business segments, which helped drive margins higher. Analysts are projecting solid double-digit earnings growth from Briggs & Stratton over the next two years. It is a Zacks #2 Rank (Buy) stock. The company also pays a dividend that yields 2.1%, and shares are trading at a discount to their peers on almost … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 31 May 2011 10:55 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4442, up 0.32% at time of writing.<br/><br/> The pair was likely to find support at 1.4130, Friday&rsquo;s low, and resistance at 1.4444, today&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.22% to hit 0.8771 and EUR/JPY rising 0.03% 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: 31 May 2011 10:25 PM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Wednesday.<br/><br/> GBP/USD was trading at 1.6462, up 0.09% at time of writing.<br/><br/> The pair was likely to find support at 1.6384, Friday&rsquo;s low, and resistance at 1.6547, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.14% to hit 0.8764 and GBP/JPY falling 0.21% 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: 31 May 2011 09:55 PM PDT Forex Pros – The Euro was higher against the Swiss Franc on Wednesday.<br/><br/> EUR/CHF was trading at 1.2315, up 0.16% at time of writing.<br/><br/> The pair was likely to find support at 1.2104, Friday&rsquo;s low, and resistance at 1.2315, today&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and down against the Japanese Yen, with EUR/USD gaining 0.26% to hit 1.4435 and EUR/JPY falling 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Michael Pento: QE3 Is Inevitable Posted: 31 May 2011 09:43 PM PDT Michael Pento makes a number of interesting points about the Federal Reserve's balance sheet and the possibility of QE3 in this video.  Some of the points he makes include: The Fed can't aggressively sell it's mortgage backed securities, they won't be able to get the money back they paid for them.  This means the money they pumped into the system will probably just stay in the system. Bernanke will likely wait to construct QE3 until economic data gets worse (which is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Down During Asian Trade Posted: 31 May 2011 09:25 PM PDT Forex Pros – The U.S. Dollar was lower against the Swiss Franc on Wednesday.<br/><br/> USD/CHF was trading at 0.8529, down 0.13% at time of writing.<br/><br/> The pair was likely to find support at 0.8466, Tuesday&rsquo;s low, and resistance at 0.8663, Friday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.22% to hit 1.4428 and USD/JPY falling 0.34% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Up During The Asian Session Posted: 31 May 2011 09:00 PM PDT Forex Pros – The Euro was higher against the British Pound on Wednesday.<br/><br/> EUR/GBP was trading at 0.8756, up 0.05% at time of writing.<br/><br/> The pair was likely to find support at 0.8622, Friday&rsquo;s low, and resistance at 0.8770, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and down against the Japanese Yen, with EUR/USD gaining 0.17% to hit 1.4421 and EUR/JPY falling 0.21% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down During Asian Trade Posted: 31 May 2011 08:35 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Wednesday.<br/><br/> USD/JPY was trading at 81.20, down 0.40% at time of writing.<br/><br/> The pair was likely to find support at 80.71, Friday&rsquo;s low, and resistance at 81.77, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.21% to hit 1.4427 and GBP/USD rising 0.14% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Up In Asian Trading Hours Posted: 31 May 2011 08:10 PM PDT Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Wednesday.<br/><br/> USD/CAD was trading at 0.9686, up 0.02% at time of writing.<br/><br/> The pair was likely to find support at 0.9656, Tuesday&rsquo;s low, and resistance at 0.9797, Friday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.09% to hit 1.4410 and GBP/USD rising 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/USD Technical Analysis For June 1, 2011 Posted: 31 May 2011 07:51 PM PDT By ForexMansion.com   The EUR/USD rose during the Tuesday session, but didn't clear the 1.45 area, and has pulled back since then. The pair has made a new higher high though – a good sign for Euro bulls. The pair looks like it could struggle at this area, perhaps pulling back to consolidate between 1.40 and 1.45 for a while. Originally posted here Find more information about technical analysis, fundamental analysis and news on ForexMansion.com. About … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Semirara Mining Corporation (SCC) Target Price Posted: 31 May 2011 07:34 PM PDT Semirara Mining Corporation (SCC) Consensus Target Price: PHP 274.40 Firm Name Analyst Target Price Date Released Phil. Equity Partners Felix 302.00 5/20/2011 CitisecOnline Lu 295.00 5/16/2011 JPMorgan Yutan 240.00 4/15/2011 Deutsche Bank Resullar 205.00 4/12/2011 CLSA Bugia 270.00 3/16/2011 *Target Price is set at 6 to 12 months from release. *Data taken from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Up During Asian Trade Posted: 31 May 2011 07:30 PM PDT Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Wednesday after the release of Australian data on GDP.<br/><br/> AUD/USD was trading at 1.0731, up 0.55% at time of writing.<br/><br/> The pair was likely to find support at 1.0609, Friday&rsquo;s low, and resistance at 1.0757, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Australia&rsquo;s gross domestic product fell more-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: 31 May 2011 07:10 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4414, up 0.12% at time of writing.<br/><br/> The pair was likely to find support at 1.4130, Friday&rsquo;s low, and resistance at 1.4437, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.05% to hit 0.8756 and EUR/JPY falling 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Going Bananas Posted: 31 May 2011 06:57 PM PDT In “Minus (min.us) 22 Economic Charts,” Barry Ritholtz highlights an eye-opening array of charts (put together by min.us)that shows just how much of a banana republic America, the former leader of the free world, has become. Next up: … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Up On Economic Data Posted: 31 May 2011 06:45 PM PDT Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Wednesday after the release of Australian data on GDP.<br/><br/> AUD/USD was trading at 1.0720, up 0.45% at time of writing.<br/><br/> The pair was likely to find support at 1.0609, Friday&rsquo;s low, and resistance at 1.0757, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Australia&rsquo;s gross domestic product fell more-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/JPY Down During Asian Trade Posted: 31 May 2011 06:15 PM PDT Forex Pros – The Euro was lower against the Japanese Yen on Wednesday.<br/><br/> EUR/JPY was trading at 117.34, down 0.03% at time of writing.<br/><br/> The pair was likely to find support at 114.69, Friday&rsquo;s low, and resistance at 117.80, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the British Pound, with EUR/USD gaining 0.10% to hit 1.4412 and EUR/GBP rising 0.05% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/JPY Down During The Asian Session Posted: 31 May 2011 05:45 PM PDT Forex Pros – The British Pound was lower against the Japanese Yen on Wednesday.<br/><br/> GBP/JPY was trading at 133.92, down 0.13% at time of writing.<br/><br/> The pair was likely to find support at 132.72, Friday&rsquo;s low, and resistance at 135.13, Tuesday&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 1.6461 and EUR/GBP rising 0.05% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Technical Analysis For June 1, 2011 Posted: 31 May 2011 05:39 PM PDT By ForexMansion.com   The USD/JPY pair rose Tuesday as reports surfaced during Asian trading that Moody's might downgrade Japanese stocks and the Yen. Because of this, there was a move during Tokyo hours that sent this pair up rather quickly. The central banks are below, and we will only buy this pair now. Of course, we said that before the news came out, but it is just as good of a reason to buy as any other at this point. Originally posted here Find more information about … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CHF Technical Analysis For June 1, 2011 Posted: 31 May 2011 05:38 PM PDT By ForexMansion.com   The USD/CHF pair gained a bit during the Tuesday session, but only a minor move at best. Because of this, we see this pair as being ripe for another fall as traders have shunned the USD against the CHF. The Franc is simply too strong for the Dollar. Look to sell rallies as this pair is decidedly bearish. Originally posted here Find more information about technical analysis, fundamental analysis and news on ForexMansion.com. About ForexMansion.com: The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Technical Analysis For June 1, 2011 Posted: 31 May 2011 05:37 PM PDT By ForexMansion.com   The USD/CAD pair fell during Tuesday trading as the oil markets finally showed their hand. We have been talking about how the oil markets were looking ready to break out to the upside, which they did – boosting demand for the CAD over the USD. The 0.97 was broken through, and as long as the pair can stay below it – it should continue to fall lower. Originally posted here Find more information about technical analysis, fundamental analysis and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD Technical Analysis For June 1, 2011 Posted: 31 May 2011 05:36 PM PDT By ForexMansion.com   The NZD/USD pair continues to make new highs Tuesday, and continues to move in a bullish and strong manner. Because of this, we feel the Kiwi is a buy only pair, and should be bought when dips come and offer better prices. Look for continued strength in this pair. Originally posted here Find more information about technical analysis, fundamental analysis and news on ForexMansion.com. About ForexMansion.com: The Finance Mansion Network operates global … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/USD Technical Analysis For June 1, 2011 Posted: 31 May 2011 05:35 PM PDT By ForexMansion.com   The GBP/USD pair fell Tuesday, and remains within the 1.65 level – but above the 1.60 level. The real question is this: "Are we going to consolidate between 1.65 and 1.60 – or will we break out above the top of the range?" The odds are that the top gives way, but that could be a while. The pair looks consolidative, but with a slightly bullish bias. Originally posted here Find more information about technical analysis, fundamental analysis and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/JPY Technical Analysis For June 1, 2011 Posted: 31 May 2011 05:35 PM PDT By ForexMansion.com   The GBP/JPY pair rose Tuesday, but fell later in the day – showing the bulls running out of steam in the later hours. The pair broke out, but didn't hold above the 135 area, showing how much of an uphill battle the pair might be facing in order to rise in value. The central banks are below, so we are expecting either consolidation between 130 and 134, or another attempt to break out again. We do not sell. Originally posted here Find more information about … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/CHF Technical Analysis For June 1, 2011 Posted: 31 May 2011 05:34 PM PDT By ForexMansion.com   The GBP/CHF pair rose Tuesday, but fell later in the day – showing how weak this pair really is. The candle is a shooting star, albeit at the bottom of a run, not the top. This is often a continuation candle, and shows that we could be heading much lower. We don't buy this pair, and only sell it. New lows or rallies give us the chance. Originally posted here Find more information about technical analysis, fundamental analysis and news on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/JPY Technical Analysis For June 1, 2011 Posted: 31 May 2011 05:27 PM PDT By ForexMansion.com   The EUR/JPY pair rose Tuesday – busting through resistance. Because of this, we have become a bit more bullish on this pair, and might consider it the best yen-related one to trade at the moment. The break out shows how weak the Yen could really be, as the Euro is a massive ball of headline risk at the moment. As long as we are above 117, we like to buy this pair. Pullbacks are the best way to enter new longs. Originally posted here Find more information about … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/GBP Technical Analysis For June 1, 2011 Posted: 31 May 2011 05:26 PM PDT By ForexMansion.com   The EUR/GBP had an extremely bullish session on Tuesday, smashing past the 0.87 mark. However, it should be noted that the pair hasn't made a fresh new high, so buying is still going to be difficult. Certainly all of the headline risk is associated with the Euro, so this move could fall right back down rather quickly. Because of this, we are currently avoiding trades in this pair as the multiple resistance levels above could be problematic. Originally posted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/CHF Technical Analysis For June 1, 2011 Posted: 31 May 2011 05:25 PM PDT By ForexMansion.com   The EUR/CHF rose during the Tuesday session, breaking past the highs on Friday, and then fell back. Even with this massive momentum shift during the day, the pair couldn't sustain the highs, and remains in a decidedly bearish stance. Because of this, we like selling rallies still, and expect further weakness in the near-term. Originally posted here Find more information about technical analysis, fundamental analysis and 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 1, 2011 Posted: 31 May 2011 05:24 PM PDT By ForexMansion.com   The AUD/USD pair fell on Tuesday, and continues to hover in the area that could potentially be a flag for the pair. Until we can close on a daily chart above that top line – we should wait to get a better signal as the pattern is that strong. Until then, we are waiting to see that breakout or perhaps supportive action closer to 1.05 or so. We aren't selling at this point. Originally posted here Find more information about technical analysis, fundamental … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/NZD Technical Analysis For June 1, 2011 Posted: 31 May 2011 05:23 PM PDT By ForexMansion.com   The AUD/NZD pair fell on again on Tuesday, and continues to bust through several different support areas. Because of this we have seen the 1.30 give way, and are now considering the trend reversed….or at least that a major pullback is in the works. We are selling short-term rallies at this point. Originally posted here Find more information about technical analysis, fundamental analysis and news on ForexMansion.com. About ForexMansion.com: The Finance … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Daily Fundamental Analysis For June 01, 2011 Posted: 31 May 2011 08:31 AM PDT By ForexMansion.com The USD/CAD pair fell heavily on Tuesday after the BOC signaled it could start to raise benchmark interest rates to control rising inflation risks, where the Bank of Canada decided on Tuesday to leave the benchmark interest rates unchanged at 1.00%, nonetheless the BOC changed its tone on inflation, as the BOC expects CPI to rise above 3% over the short term, while also saying that economic activities are moving in line with expectations, although the BOC signaled the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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