DailyMarkets.com - More Americans To Use Credit Card Rewards Points For Travel Expenses This Summer

---

• More Americans To Use Credit Card Rewards Points For Travel Expenses This Summer
• Australian Dollar: The Downside Prevails
• Canadian Dollar: Key ST Resistance At 993
• On Behalf Of Eyebrow Threaders, The Institute For Justice Goes Up Against The AZ Cosmetology Cartel
• U.S Pending Home Sales Significantly Higher In May
• Positive Data On Roche’s Lucentis
• VMware Sets VFabric5 Rolling
• Forex – USD/CAD Trims Losses After Greece Passes Austerity Plan
• Gold Futures Pare Gains After Greece Austerity Vote Passes
• EUR/GBP In A Double Top As Greek Austerity Vote Passes
• Temporary Correction Seen In Megawide Construction Corp.
• Austerity Passes, EUR/USD Eases From 3-Week High Afterwards On “Sell The News” Reaction
• Greek Government Passes Medium-Term Austerity Measures
• Canadian Dollar Surges On Inflation Jump
• Watson-Columbia Drug’s NDA Accepted
• Stock Market News Briefs: General Motors, Google, Morgan Stanley, Nike, New York Mortgage Trust, Spectra Energy Partners, LP, Time Warner, UBS AG, Westport Innovations Inc
• Macy’s Goes Global
• Forex – EUR/JPY Falls After Greece Passes Austerity Vote
• Japanese Yen: Under Pressure
• Swiss Franc: The Downside Prevails
• Euro: Under Pressure
• British Pound: Caution
• Grain Prices Volatile Ahead Of USDA Report
• Earnings Scorecard: Bed Bath
• It’s All About Greece
• Newmont Under Scanner
• Bull Of The Day: Test Headline On 29-06-2011
• Bull Of The Day: Test Headline On 29-06-2011
• AAR Corp. Wins USTRANSCOM Order
• YRC Worldwide Revert To Neutral
• U.S. Futures Higher On Greece Vote Hopes; Dow Up 0.45%
• CAD Surges After Inflation Data Comes In Red Hot
• Forex – Dollar Broadly Lower As Greece Hopes Bolster Sentiment
• Forex – GBP/USD Erases Losses As Greece Hopes Lift Sentiment
• $8.5 Billion Settlement But No Fraud, Right? They Must Think We’re Stupid.
• EUR/CHF Tests Channel Resistance After Break From Inverted Head And Shoulder
• Forex – EUR/USD Extends Gains On Greek Vote Optimism
• Canada Core CPI Rises More-than-expected In May
• USD/JPY Technical Analysis For June 29, 2011
• AUD/USD Daily Fundamental Analysis For June 30, 2011
• NZD/USD Daily Fundamental Analysis For June 30, 2011
• AUD/NZD Daily Fundamental Analysis For June 30, 2011
• USD/JPY Daily Fundamental Analysis For June 30, 2011
• Forex News – Optimism Ahead Of The Greek Vote
• AUD/USD Technical Analysis For June 29, 2011
• EUR/CHF Technical Analysis For June 29, 2011
• EUR/GBP Technical Analysis For June 29, 2011
• EUR/JPY Technical Analysis For June 29, 2011
• AUD/NZD Technical Analysis For June 29, 2011
• EUR/USD Technical Analysis For June 29, 2011
• GBP/JPY Technical Analysis For June 29, 2011
• GBP/USD Technical Analysis For June 29, 2011

More Americans To Use Credit Card Rewards Points For Travel Expenses This Summer Posted: 29 Jun 2011 07:35 AM PDT Credit card rewards of high value are increasingly being used by American consumers to supplement their summer getaways, especially when we are all suffocated by the high costs of gasoline and tight economic conditions. I find it quite interesting that, according to the latest survey by Capital One Financial (NYSE:COF), more than 40% of those surveyed plan to use their credit card rewards for travel expenses this summer, compared to around 30% last year. And out of those 40% who are planning on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Australian Dollar: The Downside Prevails Posted: 29 Jun 2011 07:18 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Canadian Dollar: Key ST Resistance At 993 Posted: 29 Jun 2011 07:18 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

On Behalf Of Eyebrow Threaders, The Institute For Justice Goes Up Against The AZ Cosmetology Cartel Posted: 29 Jun 2011 07:10 AM PDT The video above is about the Institute for Justice’s latest heroic effort to defend small businesses and entrepreneurs against economic protectionism, empower individuals to earn an honest living, and promote economic justice.  Here’s a summary:   “Eyebrow threading is a natural and safe method of hair removal that uses a single strand of cotton thread to remove unwanted hair, most commonly from the eyebrows, with no chemicals, dyes, hot wax or sharp objects. But state bureaucrats … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S Pending Home Sales Significantly Higher In May Posted: 29 Jun 2011 07:06 AM PDT Forex Pros – pros &ndash; Pending home sales in the U.S. rose significantly more-than-expected in May, with all regions experiencing gains from a year ago, industry data showed on Wednesday.<br /><br />In a report, the National Association of Realtors said its pending home sales index jumped by 8.2% in May, blowing past expectations for a 2.4% gain.&nbsp; <br /><br />The prior month&rsquo;s figure was revised to a decline of 11.3% from a decline of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Positive Data On Roche’s Lucentis Posted: 29 Jun 2011 07:01 AM PDT Roche Holdings Ltd. (RHHBY) recently reported positive data from two late-stage studies (RISE and RIDE) on its eye drug, Lucentis. The studies were conducted to evaluate the safety and efficacy of the drug in patients suffering from diabetic macular edema (DME). DME leads to swelling of the retina in patients with type I or type II diabetes. The disease can cause blurred vision, severe vision loss and at times blindness. Data from the trials demonstrated that the patients, after 24 months of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

VMware Sets VFabric5 Rolling Posted: 29 Jun 2011 07:01 AM PDT VMware Inc.(NYSE:VMW) unveiled its latest offering in the application platform space with vFabric5. The platform, vFabric5 is set to redefine cloud architectures by providing a modern programming model coupled with next-generation platform services. Through vFabric5, VMware enables the creation of industry-ready enterprise Java applications for the cloud and virtualized execution environments specially targeted at data-intensive and massively scalable applications. The platform not only supports … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Trims Losses After Greece Passes Austerity Plan Posted: 29 Jun 2011 06:41 AM PDT Forex Pros – pros &ndash; The U.S. dollar trimmed losses against its Canadian counterpart in choppy trade on Wednesday, pulling back from a two-week low after Greece&rsquo;s parliament voted in favor of a harsh, five-year austerity plan.<br /><br />USD/CAD pulled back from 0.9694, the pair&rsquo;s lowest since June 16, to hit 0.9732 during early U.S. trade, still down 0.79% on the day.<br /><br />The pair was likely to find support at 0.9669, the low of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Futures Pare Gains After Greece Austerity Vote Passes Posted: 29 Jun 2011 06:40 AM PDT Forex Pros – pros &ndash; Gold futures pared gains on Wednesday, easing off a three-day high after Greece&rsquo;s parliament approved a critical austerity plan deemed necessary to avoid a sovereign debt default.&nbsp;&nbsp; <br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at USD1,506.45 a troy ounce during U.S. morning trade, adding … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/GBP In A Double Top As Greek Austerity Vote Passes Posted: 29 Jun 2011 06:39 AM PDT EUR/GBP - Today was the vote for Greece austerity measures. It was a small margin, but the austerity measures are passed now, with 155 for yes and 138 for no. 151 was needed. - The EUR/GBP is seen in the 1H chart forming a double today as the austerity measure passes and the market is attempting to sell the news after it has already bought the rumor. - There were some whipsaw action during the vote as if the market was trying to anchor itself to every vote cast. - This is what the market has … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Temporary Correction Seen In Megawide Construction Corp. Posted: 29 Jun 2011 06:35 AM PDT Newly minted- Megawide Construction Corporation or MWIDE in the Philippine Stock Exchange has gained some pretty good gains since its listing last February 18, 2011. From an opening of PHP 7.86 during its first day of trading, MWIDE has reached a high of PHP 9.80 today (June 29, 2011), gaining as much as 24.68% in a little over 4 months. A breakout from a continuation cup and handle pattern was actually the one that propelled it to the mentioned high. However, it appears that MWIDE could be … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Austerity Passes, EUR/USD Eases From 3-Week High Afterwards On “Sell The News” Reaction Posted: 29 Jun 2011 06:34 AM PDT In what proved to be a volatile half hour in currency markets we saw the Greek austerity measures pass in the Greek parliament. From Marketwatch: "A majority of Greek lawmakers have voted in favor of a 78 billion euro package of additional austerity measures and asset sales. News reports said more than 150 lawmakers in the 300-seat chamber backed the plan as voting continued. The package has been deemed a prerequisite for the release of a 12 billion euro installment of aid from the European … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Greek Government Passes Medium-Term Austerity Measures Posted: 29 Jun 2011 06:33 AM PDT The Euro traded slightly lower after the Greek parliament voted155 in favor, 138 against, Prime Minister George Papandreou's proposed €78 billion medium-term austerity package that now will ensure the next tranche from the European Troika. After one member of the ruling party Pasok party dissented, the EUR/USD pair swung wildly, at approximately 12:44 GMT, sending the pair in an approximate 90-pip spiral. The Euro-Dollar rebounded quickly, however, as it became clear the vote would pass … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Canadian Dollar Surges On Inflation Jump Posted: 29 Jun 2011 06:27 AM PDT Escalating turmoil in Greece during the past several weeks has forced investors to avert their gaze from tall tales over the return of inflation. Central bankers around the world have also admitted that prudence dictates monetary stability in the face of rising risks to inflation at a time when future growth is in doubt. Yield arguments along with growth prospects typically underpin commodity sensitive currency units but in several cases, a dramatic shift in the yield curve has killed such … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Watson-Columbia Drug’s NDA Accepted Posted: 29 Jun 2011 06:25 AM PDT Watson Pharmaceuticals Inc. (NYSE:WPI) along with Columbia Laboratories Inc. (NASDAQ:CBRX) recently announced that the latter's New Drug Application (NDA) for Prochieve (progesterone gel) has been accepted by the US Food and Drug Administration (FDA). The companies are looking to get Prochieve approved for the reduction of preterm birth in women with short uterine cervical length in the mid-trimester of pregnancy. However, Columbia Labs has withdrawn its request for priority review of the drug, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stock Market News Briefs: General Motors, Google, Morgan Stanley, Nike, New York Mortgage Trust, Spectra Energy Partners, LP, Time Warner, UBS AG, Westport Innovations Inc Posted: 29 Jun 2011 06:25 AM PDT     Google Inc (NASDAQ:GOOG) unveiled social networking site Google+ which will enable it to compete against Facebook. The application is now in its trial period     Car maker General Motors (NYSE:GM) said it has concluded a deal with natural gas engine maker Westport Innovations (NASDAQ:WPRT) which will enable  it to cater to the light duty vehicle segment     A day after Monster Worldwide (MWW) announced the launch of BeKnown, shares of the company … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Macy’s Goes Global Posted: 29 Jun 2011 06:25 AM PDT Macy's Inc. (NYSE:M), one of the leading department store retailers in the United States goes global with its e-commerce site, macys.com. The company recently announced the launch of international shipping across 91 countries in different continents around the globe. Macy's is taking quite a number of initiatives including integration of operations, consolidation of divisions, customer-centric localization initiatives, as well as developing e-commerce business and online order fulfillment … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/JPY Falls After Greece Passes Austerity Vote Posted: 29 Jun 2011 06:24 AM PDT Forex Pros – pros &ndash; The euro slipped against the yen in volatile trade on Wednesday, pulling back from a three-week high after Greece&rsquo;s parliament passed a vote on a five-year, EUR28 billion austerity plan demanded by international lenders.<br /><br />EUR/JPY pulled back from 117.17, the pair&rsquo;s highest since June 9, to hit 116.09 during European afternoon trade, shedding 0.41%.<br /><br />The pair was likely to find support at 113.82, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Japanese Yen: Under Pressure Posted: 29 Jun 2011 06:17 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Swiss Franc: The Downside Prevails Posted: 29 Jun 2011 06:17 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Euro: Under Pressure Posted: 29 Jun 2011 06:17 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

British Pound: Caution Posted: 29 Jun 2011 06:17 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Grain Prices Volatile Ahead Of USDA Report Posted: 29 Jun 2011 06:17 AM PDT Today’s Idea The recent limit price moves in Corn futures combined with nervous trading conditions ahead of the USDA report have led to increased volatility levels in Corn options. Historically, unless there is a huge surprise in the USDA report, the tendency is for volatility to decrease after the report is released — especially for near-term options. Some traders who anticipate a decrease in short-term volatility may wish to explore the purchase of a calendar spread in Corn futures options. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Scorecard: Bed Bath Posted: 29 Jun 2011 06:05 AM PDT Specialty retailer Bed Bath & Beyond Inc. (BBBY) announced its financial results for the first quarter of fiscal 2011 Street analysts had a week to ponder on the news. In the subsequent paragraphs, we cover the recent earnings announcement, analysts' estimate revisions as well as the Zacks Rank and long-term recommendation for the stock. Earnings Review Bed Bath & Beyond reported better-than-expected first-quarter 2011 results on the heels of high single-digit growth in sales and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

It’s All About Greece Posted: 29 Jun 2011 06:05 AM PDT With the domestic economic calendar on the thin side, stocks will likely reflect growing optimism on the Greece story. The Greek parliament is expected to pass the tougher austerity measures today that are a precondition for a new EU/IMF rescue fund.  It is difficult to feel optimistic about the Greek drama after seeing the pictures of civil turmoil on the streets of Athens as the nation’s parliament debates the austerity plan. The ruling socialists, who secured a vote of confidence last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Newmont Under Scanner Posted: 29 Jun 2011 06:05 AM PDT The U.S. mining group, Newmont Mining Corp. (NYSE:NEM) is under scanner in Jakarta by the Corruption Eradication Commission (KPK) for breaching rules on the foreign ownership of mining assets. The officials are probing whether Newmont should retain a controlling stake in Newmont Nusa Tenggara (PTNNT). PTNNT is Newmont's most profitable Indonesian business. Newmont is required to reduce its stake in the subsidiary, which operates the vast Batu Hijau copper and gold mine in eastern Indonesia, to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: Test Headline On 29-06-2011 Posted: 29 Jun 2011 05:35 AM PDT Test teaser on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: Test Headline On 29-06-2011 Posted: 29 Jun 2011 05:35 AM PDT Test teaser on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AAR Corp. Wins USTRANSCOM Order Posted: 29 Jun 2011 05:35 AM PDT AAR Corp (NYSE:AIR), the provider of aircraft parts and maintenance, announced that it won the U.S. Transportation Command (USTRANSCOM) task order for providing airlift support for U.S. Department of Defense operations in Afghanistan. Under the contract, AAR Corp. will be providing airlift service to the Department of Defense located in three regions around the world. The initial base period runs through May 31, 2012 with a funding of $49 million for 12 aircrafts. The contract also has three … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

YRC Worldwide Revert To Neutral Posted: 29 Jun 2011 05:35 AM PDT We upgrade our recommendation on YRC Worldwide Inc. (NASDAQ:YRCW) on the basis of current valuation. During the last two and half years, YRC Worldwide is reeling under bankruptcy threat resulting from a significant fall in freight volume coupled with its highly leveraged balance sheet. Consequently, the stock price plummeted by a massive 90% in last year. We believe this significant low-level of valuation may provide a cushion and restrict further downslide to the stock price. YRC Worldwide reported … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Futures Higher On Greece Vote Hopes; Dow Up 0.45% Posted: 29 Jun 2011 05:33 AM PDT Forex Pros – pros &ndash; U.S. stock futures pointed to a higher open on Wednesday, boosted by mounting expectations that Greece&rsquo;s parliament would pass an austerity plan needed to avoid a sovereign debt default.<br /><br />Dow Jones Industrial Average futures pointed to a gain of 0.45%, the S&amp;P 500 futures climbed 0.55%, while Nasdaq 100 futures indicated an increase of 0.5%.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br /><br />Ahead of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

CAD Surges After Inflation Data Comes In Red Hot Posted: 29 Jun 2011 05:03 AM PDT The Canadian Dollar advanced against the US Dollar in today's session, accelerating its gains from the previous 2 sessions. The catalyst was a much stronger than expected reading of the consumer price index for the May period which may put more pressure on the Bank of Canada to raise rates in August as opposed to October. From Bloomberg: "Canada's inflation rate unexpectedly accelerated in May to the fastest since March 2003, with quicker price gains seen in every major category except … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Broadly Lower As Greece Hopes Bolster Sentiment Posted: 29 Jun 2011 05:02 AM PDT Forex Pros – pros &ndash; The U.S. dollar was broadly lower against its major counterparts on Wednesday, as expectations that Greece&rsquo;s parliament would adopt an austerity plan essential to securing further bailout loans bolstered demand for riskier assets.<br /><br />During European afternoon trade, the greenback was lower against the euro, with EUR/USD climbing 0.28% to hit 1.4411.<br /><br />Ahead of the vote, one of three deputies from Prime Minister … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Erases Losses As Greece Hopes Lift Sentiment Posted: 29 Jun 2011 04:49 AM PDT Forex Pros – pros &ndash; The pound erased losses against the U.S. dollar on Wednesday, as hopes that Greece&rsquo;s parliament would adopt austerity measures designed to prevent the country from defaulting on its debts lifted market sentiment.<br /><br />GBP/USD clawed back up from 1.5971, the daily low, to hit 1.6030 during European afternoon trade, gaining 0.19%.<br /><br />Cable was likely to find support at 1.5910, Tuesday&rsquo;s low and a five-month … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

$8.5 Billion Settlement But No Fraud, Right? They Must Think We’re Stupid. Posted: 29 Jun 2011 04:44 AM PDT They must think we're stupid. News that Bank of America is poised to pay an $8.5 billion settlement in a claim by investors that the firm and a predecessor sold packages of loans/securities which did not meet standards and provide proper disclosures is a joke. Regrettably the joke is on us, that is, the citi (NYSE:C)zens of this great land. $8.5 billion may be a lot of money but what price warrants real justice? I believe very strongly that real justice is never bought in terms of a mere … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/CHF Tests Channel Resistance After Break From Inverted Head And Shoulder Posted: 29 Jun 2011 04:42 AM PDT EUR/CHF Fresh Record Low and Bullish Divergence in Multiple Time-Frames (6/27) EUR/CHF - The EUR/CHF is reflecting the anticipation to a "resolution" to the Greek debt crisis with a vote for the austerity measures pending today. - A couple of questions remain in the intermediate term (this and next couple of weeks): Will the vote for austerity measure bring closure to the Eurozone debt crisis so the market can price in a hawkish ECB? Or will the market find other cracks in the banking and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Extends Gains On Greek Vote Optimism Posted: 29 Jun 2011 04:13 AM PDT Forex Pros – pros- The euro extended gains against the U.S. dollar on Wednesday, advancing to a two-week high, lifted by a growing sense of optimism that Greece&rsquo;s parliament would pass new austerity measures designed to prevent the country from defaulting on its debts.<br /><br />EUR/USD hit 1.4448 during European early afternoon trade, the pair&rsquo;s highest since June15; the pair subsequently consolidated at 1.4433, rising 0.43%.<br /><br />The pair … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Canada Core CPI Rises More-than-expected In May Posted: 29 Jun 2011 04:06 AM PDT Forex Pros – pros &ndash; Core consumer price inflation in Canada rose more-than-expected in May, official data showed on Wednesday.<br /><br />In a report, Statistics Canada said that its core consumer price index, which excludes the 8 most volatile items, rose by 0.7% in May, after advancing by 0.2% in April. <br /><br />Analysts had expected core CPI to rise by 0.2% in May.<br /><br />Consumer price inflation including more volatile food and energy … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Technical Analysis For June 29, 2011 Posted: 28 Jun 2011 04:19 PM PDT By ForexMansion.com   USD/JPY rose on Tuesday, showing continued strength as the 81 level has been broken. This jives well as we expect an attempt on making the 82 level. With the markets being uncertain, the pair could find itself stuck in this 200 pip range for a while. On a break above 82 – we would become bullish, on a break below 80 we would know there are central banks below waiting to intervene. Originally posted here Find more information about technical analysis, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/USD Daily Fundamental Analysis For June 30, 2011 Posted: 28 Jun 2011 03:44 PM PDT By ForexMansion.com Australia’s dollar (Aussie) advanced sharply versus its US counterpart after the US consumer confidence retreated during June as overall economic conditions of the country lost strength, while optimism rose over the ability of Greece to avoid default helping higher yielding currencies over the dollar. Investors turned to higher yielding currencies like the Australian dollar as the Greece debt crisis eased along supporting the Aussie to compensate its losses alongside rising … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD Daily Fundamental Analysis For June 30, 2011 Posted: 28 Jun 2011 03:43 PM PDT By ForexMansion.com The New Zealand dollar (Kiwi) soared against the American dollar on rallying stocks and commodities with eased jitters over Greece and expectations that the nation will avert default, which supported risky assets over dollar haven demand. Furthermore, the NZ dollar is to gain as the New Zealand employment confidence increased, which soared by demand from construction and industries associated with earthquake recovery, while the NZ employers are going to hire more workers … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/NZD Daily Fundamental Analysis For June 30, 2011 Posted: 28 Jun 2011 03:43 PM PDT By ForexMansion.com The AUD/NZD pair continued its downside movement for the third straight day, while Aussie and Kiwi soared back against the dollar as market sentiment improved to increase demand for the high yielding currencies. Consumer confidence in U.S. for June dropped to its lowest level in seven months, fueling fears over the U.S. economy outlook and the global recovery. As a result, the greenback retreated against its major counterparts, opening the way for the Australian dollar to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Daily Fundamental Analysis For June 30, 2011 Posted: 28 Jun 2011 03:42 PM PDT By ForexMansion.com The USD/JPY pair traded in a narrow range early Wednesday after it recorded its highest level in more than three weeks. The Japanese yen retreated against most of its major counterpart, as the manufacturing sector showed some improvement during May, supporting risk taking and also eased jitters in the market weakened the yen. The preliminary reading for the industrial production in Japan during May advanced to 5.7% from the previous of 1.6%. The Japanese data was able to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex News – Optimism Ahead Of The Greek Vote Posted: 28 Jun 2011 03:19 PM PDT By ForexMansion.com   Broad markets await this afternoon the Greek parliament vote on new austerity measures that are necessary in order for Greece to avoid a default. Greece is expected to approve the austerity measures, spreading optimism within the financial markets. This optimism eased the dollar's strength as a haven and increased demand on riskier assets. However traders must be prepared for some quick movements since a passed vote will increase the appetite for risk but blocked … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/USD Technical Analysis For June 29, 2011 Posted: 28 Jun 2011 01:28 PM PDT By ForexMansion.com   The AUD/USD pair shot straight up on Tuesday as traders bought commodities in general. The AUD is very sensitive to these markets, and as such – ended up at the highs. The pair is still under the downtrend line, and because of that we are not interested buying until we get above that. If we do, we like this for a long-term buy. However, until we see that – there is no trade as we won't short this pair. Originally posted here Read about forex brokers and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/CHF Technical Analysis For June 29, 2011 Posted: 28 Jun 2011 01:26 PM PDT By ForexMansion.com   The EUR/CHF pair fell on Tuesday, but found a bid as the pair looks like it wants to test the 1.20 resistance area. This area could present a serious selling opportunity, and with the Greek vote coming up tomorrow – this could lend even more weight to that case. We only sell this pair, and are looking for the signals presently. Buying isn't prudent at all. Originally posted here Read about forex brokers and the best forex broker at ForexBrokers.co.uk. About … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/GBP Technical Analysis For June 29, 2011 Posted: 28 Jun 2011 01:25 PM PDT By ForexMansion.com   The EUR/GBP pair rallied on Tuesday, and is approaching the 0.90 area. This area has served well as a resistance zone in the past. Because of this, we need to see it broken to the upside in order to buy this rally. The pair has been stuck in the consolidation zone of 0.90 and 0.86, and until we breakout, we don't look to trade for any great length of time. 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

EUR/JPY Technical Analysis For June 29, 2011 Posted: 28 Jun 2011 01:24 PM PDT By ForexMansion.com   EUR/JPY spiked on Tuesday, as traders bought everything Euro-related. With the Greek parliament looking to vote on the austerity measures this morning, the market has clearly shown that it expects the measure to pass. If it does, there probably isn't too much upside as most of this good news is more than likely "priced in" the markets. If the measure doesn't pass – look out below. The meltdown will be wicked. Because of this, we aren't trading this … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/NZD Technical Analysis For June 29, 2011 Posted: 28 Jun 2011 01:22 PM PDT By ForexMansion.com   The AUD/NZD market fell on Tuesday, but remains glued to the 1.30 area. The pair looks like it is winding up to make a move, but until that happens – we aren't looking to trade this pair. A break above the top of consolidation (1.32) would get us buying. A break below the bottom of the consolidation (1.28) would get us selling. Originally posted here Read about forex brokers and the best forex broker at ForexBrokers.co.uk. About ForexMansion.com: The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/USD Technical Analysis For June 29, 2011 Posted: 28 Jun 2011 01:21 PM PDT By ForexMansion.com   EUR/USD found a bid on Tuesday again, and stopped at the 1.44 area. This pair looks like it wants to rise higher, but with the Greeks voting on austerity today, there are simply far too many headline risks out there to get involved. This pair could rise, but one must think that a lot of the good news about a bailout would have been priced into the market already. So what does this leave? We could see a "sell the news" type of move in the market. We could also … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/JPY Technical Analysis For June 29, 2011 Posted: 28 Jun 2011 01:19 PM PDT By ForexMansion.com   The GBP/JPY pair surged northward on Tuesday, and bounced off of the resistance line of 130. Because of this, we feel that the pair's inability to break the barrier gives us pause on the Pound in general. We would need to see a close above 130 to get interested in buying this pair currently. If we don't break it, we should see another test of the recent lows. Originally posted here Read about forex brokers and the best forex broker at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/USD Technical Analysis For June 29, 2011 Posted: 28 Jun 2011 01:17 PM PDT By ForexMansion.com   The GBP/USD pair broke above the 1.60 area, but was quickly pushed lower as the resistance area held. The pair looks like it wants to build a supportive based here, but the truth is that is couldn't break above and hold that all-important level. Because of that, we feel any rally is simply a selling opportunity, and the pair is looking weaker and weaker as time goes along. We sell rallies, and currently aren't buying this pair at all. A break below 1.59 would … [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