DailyMarkets.com - Why Are Food Prices Rising So Fast?

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• Why Are Food Prices Rising So Fast?
• Bullish Breakout To A Declining Wedge Observed In The GBP/JPY
• Forex – USD/CHF Rangebound Ahead Of Greek Austerity Vote
• Corn Futures Climb To 1-week High On U.S. Crop Fears
• Swiss KOF Economic Barometer Falls In Line With Expectations
• Forex – EUR/GBP Pares Gains Ahead Of Critical Greek Vote
• European Stocks Boosted By Greece Optimism; DAX Up 1.2%
• U.K. Net Lending To Individuals Rises More-than-expected
• Crude Oil And Gold To Extend Gains On Greece Budget Vote
• Forex – Dollar Broadly Lower As Greece Hopes Bolster Sentiment
• Forex – GBP/USD Slides As BoE Considers Further Monetary Easing
• Crude Oil Hits 4-day High As U.S. Demand Concerns Ease
• Forex Trading: EUR/USD Higher Through 1.4400 Handle
• Forex – Weaker Dollar Slips Against Yen Ahead Of Greece Vote
• Gold Futures Climb To 3-day High Ahead Of Greece Vote
• Forex – NZD/USD Advances To 3-day High As Greek Vote Eyed
• Forex Trading: Greece Parliament To Vote On Austerity Budget Today
• Forex – AUD/USD Hits 3-day High Boosted By Greece Optimism
• Asia Stocks Advance Before Greek Vote; Nikkei Up 1.5%
• Forex – EUR/USD Steady Ahead Of Greece Austerity Vote
• Bear Of The Day: Research In Motion (RIMM)
• Momentum Stock: Aircastle Ltd
• Growth & Income Stock: International Business Machines Corporation
• Bull Of The Day: Standard Motor Products (SMP)
• Aggressive Growth Stock: Delta Apparel, Inc
• Forex – EUR/USD Up During The Asian Session
• Forex – GBP/USD Up In Asian Trade
• Forex – EUR/CHF Down In Asian Trading Hours
• Forex – USD/CHF Down During Asian Trade
• Forex – EUR/GBP Down During The Asian Session
• Forex – USD/JPY Down During Asian Trade
• 2,000 Yrs. In One Chart: 23% Of All Goods, Services Made Since 1 A.D. Were Produced This Decade
• Forex – USD/CAD Up In Asian Trading Hours
• Inconsistencies In Reporting U.S. Trade Data? Are We Following The Cash Or The Goods And Assets?
• Gold’s Expected Crawl And TSI (25,13)
• Forex – AUD/USD Down During Asian Trade
• Forex – EUR/USD Down During The Asian Session
• Not Quite A Contrarian Extreme
• Forex – EUR/JPY Down During Asian Trade
• Chart Of The Day: Motorcycle Deaths By Age
• Forex – GBP/JPY Down During The Asian Session
• NZD/USD Technical Analysis For June 29, 2011
• GBP/CHF Technical Analysis For June 29, 2011
• USD/CAD Technical Analysis For June 29, 2011
• USD/CHF Technical Analysis For June 29, 2011

Why Are Food Prices Rising So Fast? Posted: 29 Jun 2011 03:35 AM PDT If you do much grocery shopping, you have probably noticed that the cost of food has been rising at a very brisk pace over the past year. So why are food prices rising so fast? According to Federal Reserve Chairman Ben Bernanke, inflation is still very low and the economy is improving. So what is going on here? When I go to the grocery store these days, there are very few things that I will buy unless they are on sale. In fact, I have noticed that many of the new “sale prices” are … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bullish Breakout To A Declining Wedge Observed In The GBP/JPY Posted: 29 Jun 2011 03:12 AM PDT GBP/JPY Trying to Bottom (6/27) GBP/JPY Short-Term to Medium-Term - GBP/JPY rebounded from the 128.20 area after finishing a 5-wave decline in a wedge pattern. - There was also a minor throwback, which the current bullish candle is trying to reverse in order to confirm the bullish breakout. - The RSI is pushing against 60, but really there is no strong bearish momentum to kill. But we know from price action that we have completed 3-swings down from the 140.00 high. Maybe it's time for a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Rangebound Ahead Of Greek Austerity Vote Posted: 29 Jun 2011 03:04 AM PDT Forex Pros – pros &ndash; The U.S. dollar was rangebound against the Swiss franc on Wednesday, swinging between small gains and losses, ahead of a key Greek vote on adopting a national austerity package.<br /><br />USD/CHF hit 0.8329 during European trade, the daily low; the pair subsequently consolidated at 0.8308, slipping 0.12%.<br /><br />The pair was likely to find short-term support at 0.8274, Tuesday&rsquo;s low and the pair&rsquo;s all-time low and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Corn Futures Climb To 1-week High On U.S. Crop Fears Posted: 29 Jun 2011 02:55 AM PDT Forex Pros – pros &ndash; Corn futures were up for a second day on Wednesday, climbing to a one-week high as adverse weather conditions in key U.S. corn-growing regions threatened crops that were already deteriorating. <br /><br />On the Chicago Mercantile Exchange, corn futures for September delivery traded at USD6.8838 a bushel during European morning trade, rallying 2.92%.&nbsp; <br /><br />It earlier rose to USD6.9088 a bushel, the highest price since June … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Swiss KOF Economic Barometer Falls In Line With Expectations Posted: 29 Jun 2011 02:34 AM PDT Forex Pros – pros &ndash; Switzerland&rsquo;s leading economic barometer fell in line with market expectations in June, industry data showed on Wednesday.<br /><br />In a report, the KOF Economic Research Agency said its index of 12 leading indicators declined to 2.23 in June, in line with expectations, from 2.30 in May.<br /><br />Accordingly, the Swiss economy should continue to grow markedly, but with decreasing dynamics.<br /><br />The report … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Pares Gains Ahead Of Critical Greek Vote Posted: 29 Jun 2011 02:11 AM PDT Forex Pros – pros &ndash; The euro pared gains against the pound on Wednesday, pulling back from an eight-week high, ahead of a vote in Greece&rsquo;s parliament on adopting a national austerity package.<br /><br />EUR/GBP pulled away from 0.9012, the pair&rsquo;s highest since May 5, to hit 0.8984 during European morning trade, up just 0.03% on the day.<br /><br />The pair was likely to find support at 0.8927, Tuesday&rsquo;s low and resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Stocks Boosted By Greece Optimism; DAX Up 1.2% Posted: 29 Jun 2011 02:00 AM PDT Forex Pros – pros &ndash; European stock markets were broadly higher on Wednesday, as shares in the financial sector advanced amid expectations Greek lawmakers will vote in favor of harsh austerity measures needed to avoid a sovereign debt default. <br /><br />During European morning trade, the EURO STOXX 50 jumped 1.1%, France&rsquo;s CAC 40 gained 1.05%, while Germany’s DAX 30 advanced 1.2%.&nbsp; <br /><br />Later in the day, Greece’s Parliament was to … [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: 29 Jun 2011 01:40 AM PDT Forex Pros – pros &ndash; Net lending to individuals in the U.K. rose more-than-expected in May, official data showed on Wednesday.<br /><br />In a report, the Bank of England said net lending to individuals rose by GBP1.3 billion in May, after rising by GBP1.6 billion in April, whose figure was revised up from GBP1.2 billion. <br /><br />Analysts had expected net lending to rise by GBP1.2 billion in May.<br /><br />Net consumer credit rose by GBP0.2 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil And Gold To Extend Gains On Greece Budget Vote Posted: 29 Jun 2011 01:40 AM PDT Commodities – Energy Crude Oil Breaks Out Ahead of Greek Budget Vote WTI Crude Oil (NY Close): $92.89 // +2.28 // +2.52% Needless to say, the outcome of the Greek parliament vote on a new austerity package – a scheme including tax increases, spending cuts and government asset sales – is in focus today. As we discussed in detail earlier in the week, last week's successful confidence vote that allowed Prime Minister George Papandreou and his cabinet to remain in power make today's … [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 01:35 AM PDT Forex Pros – The U.S. dollar was lower against all of its major counterparts on Wednesday, as markets largely priced in expectations that Greece&rsquo;s parliament would adopt a national austerity package and avert a sovereign debt default.<br /><br />During European morning trade, the greenback was lower against the euro, with EUR/USD climbing 0.27% to hit 1.4409.<br /><br />Later in the day, Greece’s parliament was due to vote on an unpopular national austerity … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Slides As BoE Considers Further Monetary Easing Posted: 29 Jun 2011 01:09 AM PDT Forex Pros – pros &ndash; The pound was down against the U.S. dollar on Wednesday, re-approaching a five-month low after Bank of England policymakers indicated that more quantitative easing may be necessary.<br /><br />GBP/USD hit 1.5971 during early European trade, the daily low; the pair subsequently consolidated at 1.5992, slipping 0.07%.<br /><br />Cable was likely to find support at 1.5910, Tuesday&rsquo;s low and a five-month low and resistance at 1.6043, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Hits 4-day High As U.S. Demand Concerns Ease Posted: 29 Jun 2011 12:54 AM PDT Forex Pros – pros &ndash; Crude oil futures were up for a second day on Wednesday, rising to a four-day high as concerns eased over a slowdown in U.S. demand, while a weaker U.S. dollar also lent support. <br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in August traded at USD93.42 a barrel during European morning trade, gaining 0.65%.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br /><br />It … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EUR/USD Higher Through 1.4400 Handle Posted: 29 Jun 2011 12:40 AM PDT The euro has been grinding higher through out the session as we've seen some choppy trading in all the majors as the market waits for UK mortgage approvals and net lending in just under an hour from now. In recent trade we've seen the EUR/USD pop through the figure as we've heard rumors of an option expiry at 1.4400. In other news there have been reports out of Portugal that the government is studying the implementation of a special income tax by the end of the year. Most importantly, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Weaker Dollar Slips Against Yen Ahead Of Greece Vote Posted: 29 Jun 2011 12:39 AM PDT Forex Pros – pros &ndash; The U.S. dollar eased off an almost four-week high against the yen on Wednesday, amid a growing sense of optimism ahead of a critical Greek vote to adopt a national austerity package.<br /><br />USD/JPY hit 80.94 during late Asian trade, the daily low; the pair subsequently consolidated at 81.02, slipping 0.11%.<br /><br />The pair was likely to find support at 80.31, Monday&rsquo;s low and short-term resistance at 81.26, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Futures Climb To 3-day High Ahead Of Greece Vote Posted: 29 Jun 2011 12:21 AM PDT Forex Pros – pros &ndash; Gold futures were up for a second day on Wednesday, climbing to a three-day high as markets remained focused on a crucial parliamentary vote on austerity measures in Greece later in the day.&nbsp;&nbsp;&nbsp; <br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at USD1,507.65 a troy ounce during late Asian trade, gaining … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Advances To 3-day High As Greek Vote Eyed Posted: 29 Jun 2011 12:04 AM PDT Forex Pros – pros &ndash; The New Zealand dollar advanced to a three-day high against its U.S. counterpart on Wednesday, as hopes that Greece&rsquo;s parliament would accept a national austerity plan to avoid defaulting on its debts bolstered demand for riskier assets.<br /><br />NZD/USD hit 0.8145 during late Asian trade, the pair&rsquo;s highest since June 24; the pair subsequently consolidated at 0.8138, rising 0.20%.<br /><br />The pair was likely to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: Greece Parliament To Vote On Austerity Budget Today Posted: 29 Jun 2011 12:01 AM PDT Greece Parliament to Vote on Austerity Budget Today With the Greece parliament voting on its newly proposed austerity budget today, most traders will be fixated on the outcomes in order to adjust their investment portfolios accordingly. Economic News USD – USD Trading Higher as Greece Austerity Vote Approaches The US dollar experienced broad bullishness yesterday as traders began to seek shelter in expectations of heightened risk aversion surrounding today’s vote in the Greek parliament over … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Hits 3-day High Boosted By Greece Optimism Posted: 28 Jun 2011 11:49 PM PDT Forex Pros – pros &ndash; The Australian dollar rose to a three-day high against its U.S. counterpart on Wednesday, amid a growing sense of optimism that Greece&rsquo;s parliament would pass a vote on austerity measures and avert the euro zone&rsquo;s first sovereign debt default.<br /><br />AUD/USD hit 1.0581 during late Asian trade, the pair&rsquo;s highest since June 24; the pair subsequently consolidated at 1.0579, gaining 0.37%.<br /><br />The pair … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Asia Stocks Advance Before Greek Vote; Nikkei Up 1.5% Posted: 28 Jun 2011 11:48 PM PDT Forex Pros – pros &ndash; Asian stock markets were broadly higher on Wednesday, amid expectations Greek lawmakers will vote in favor of harsh austerity measures and avoid a sovereign debt default. <br /><br />During late Asian trade, Hong Kong’s Hang Seng Index edged 0.3% higher, Australia&rsquo;s ASX/200 Index climbed 1.2%, while Japan&rsquo;s Nikkei 225 Index gained 1.54%.&nbsp;&nbsp; <br /><br />Later in the day, Greece’s Parliament was to vote … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Steady Ahead Of Greece Austerity Vote Posted: 28 Jun 2011 11:29 PM PDT Forex Pros – pros &ndash; The euro was steady against the U.S. dollar on Wednesday, trading close to Tuesday&rsquo;s four-day high ahead of the eagerly awaited vote on Greece&rsquo;s national austerity plan, upon which a crucial bailout depends.<br /><br />EUR/USD hit 1.4382 during late Asian trade, the daily high; the pair subsequently consolidated at 1.4370, unchanged on the day.<br /><br />The pair was likely to find support at 1.4236, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bear Of The Day: Research In Motion (RIMM) Posted: 28 Jun 2011 11:05 PM PDT The nightmare of Research In Motion (NASDAQ:RIMM) continues and so far the company has failed to provide any specific timeframe when its free-fall will come to an end. Ever since Apple’s iPhone hit the market, Research In Motion has been losing its leadership position. For the last couple of years, the company failed to launch any device that could capture market share from iPhone or Android-based high-end smartphones. After experiencing weak financial results for the first quarter of fiscal 2012, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Stock: Aircastle Ltd Posted: 28 Jun 2011 11:05 PM PDT Aircastle Ltd (NYSE:AYR) recently turned higher with the market, moving back within striking distance of its 52-week high after posting strong Q1 results that came in ahead of expectations. With estimate on the rise and a compelling valuation, this Zacks #1 stock is flying high with momentum. Company Description Aircastle Ltd, through its subsidiaries, engages in the acquisition, lease and sale of high-utility commercial jet aircraft to passenger and cargo airlines worldwide. The company was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth & Income Stock: International Business Machines Corporation Posted: 28 Jun 2011 11:05 PM PDT International Business Machines Corporation (NYSE:IBM) just turned 100 years old on June 16, but it looks like its best years still lie ahead. Earnings estimates have been steadily climbing over the last several months as Big Blue continues to grow revenue and expand its margins. It is a Zacks #2 Rank (Buy) stock. IBM has also been generating tons of free cash flow which is has been using to buy back shares and raise its dividend. It currently yields a solid 1.8%. First Quarter Results IBM … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: Standard Motor Products (SMP) Posted: 28 Jun 2011 11:05 PM PDT Standard Motor Products (NYSE:SMP) enjoys strong brand recognition worldwide. Successful R&D and perfect strategic acquisitions have helped the company enrich its product portfolio and maintain a broad customer base. Standard Motor’s recently amended credit agreement with GE capital has increased its scope for further investments. Moreover, Standard Motor has hiked its dividend payment, signaling the company’s improved confidence in its operations. Furthermore, the company is not vulnerable to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: Delta Apparel, Inc Posted: 28 Jun 2011 11:05 PM PDT Delta Apparel, Inc. (DLA) is coming off of a record-setting quarter. Estimates have moved higher, pushing shares to a Zacks #1 Rank (Strong Buy). The stock did see weakness during the sell off over the past couple months, but that just creates a nice buying opportunity. Company Description Delta Apparel is an international design, marketing, manufacturing and sourcing apparel company for a variety of branded and private labels. Record-Setting Quarter The third quarter report came on out on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 28 Jun 2011 10:55 PM PDT Forex Pros – pros – The Euro was higher against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4372, up 0.01% at time of writing.<br/><br/> The pair was likely to find support at 1.4103, Monday&rsquo;s low, and resistance at 1.4397, 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 0.02% to hit 0.8984 and EUR/JPY falling 0.07% 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: 28 Jun 2011 10:25 PM PDT Forex Pros – pros – The British Pound was higher against the U.S. Dollar on Wednesday.<br/><br/> GBP/USD was trading at 1.6000, up 0.001% at time of writing.<br/><br/> The pair was likely to find support at 1.5913, Tuesday&rsquo;s low, and resistance at 1.6046, Friday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.01% to hit 0.8981 and GBP/JPY falling 0.08% to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/CHF Down In Asian Trading Hours Posted: 28 Jun 2011 09:55 PM PDT Forex Pros – pros – The Euro was lower against the Swiss Franc on Wednesday.<br/><br/> EUR/CHF was trading at 1.1934, down 0.19% at time of writing.<br/><br/> The pair was likely to find support at 1.1808, Monday&rsquo;s low, and resistance at 1.1964, 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 0.001% to hit 1.4371 and EUR/JPY falling 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Down During Asian Trade Posted: 28 Jun 2011 09:25 PM PDT Forex Pros – pros – The U.S. Dollar was lower against the Swiss Franc on Wednesday.<br/><br/> USD/CHF was trading at 0.8309, down 0.13% at time of writing.<br/><br/> The pair was likely to find support at 0.8276, Tuesday&rsquo;s low, and resistance at 0.8395, Friday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and down against the Japanese Yen, with EUR/USD shedding 0.09% to hit 1.4358 and USD/JPY falling 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Down During The Asian Session Posted: 28 Jun 2011 09:00 PM PDT Forex Pros – pros – The Euro was lower against the British Pound on Wednesday.<br/><br/> EUR/GBP was trading at 0.8976, down 0.07% at time of writing.<br/><br/> The pair was likely to find support at 0.8859, Monday&rsquo;s low, and resistance at 0.8985, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.15% to hit 1.4350 and EUR/JPY falling 0.26% 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: 28 Jun 2011 08:35 PM PDT Forex Pros – pros – The U.S. Dollar was lower against the Japanese Yen on Wednesday.<br/><br/> USD/JPY was trading at 81.03, down 0.13% at time of writing.<br/><br/> The pair was likely to find support at 80.13, Friday&rsquo;s low, and resistance at 81.27, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.13% to hit 1.4352 and GBP/USD falling 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

2,000 Yrs. In One Chart: 23% Of All Goods, Services Made Since 1 A.D. Were Produced This Decade Posted: 28 Jun 2011 08:33 PM PDT The chart above is from The Economist and shows a “population-weighted history of the past two millennia” based on “economic output” and “years lived.”  According to The Economist: “By this reckoning, over 28% of all the history made since the birth of Christ was made in the 20th century. Measured in years lived, the present century, which is only ten years old, is already “longer” than the whole of the 17th century. This century has made an even bigger contribution to economic history. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Up In Asian Trading Hours Posted: 28 Jun 2011 08:10 PM PDT Forex Pros – pros – The U.S. Dollar was higher against the Canadian Dollar on Wednesday.<br/><br/> USD/CAD was trading at 0.9814, up 0.04% at time of writing.<br/><br/> The pair was likely to find support at 0.9770, Friday&rsquo;s low, and resistance at 0.9913, Monday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.14% to hit 1.4350 and GBP/USD falling 0.04% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Inconsistencies In Reporting U.S. Trade Data? Are We Following The Cash Or The Goods And Assets? Posted: 28 Jun 2011 08:06 PM PDT The BEA released data today on the “U.S. Net International Investment Position at Yearend 2010″ with these highlights: The U.S. net international investment position at yearend 2010 was -$2,471.0 billion, as the value of foreign investments in the United States ($22,786 billion) continued to exceed the value of U.S. investments abroad ($20,315).    There was a -$74.6 billion change in the U.S. net investment position from yearend 2009 to yearend 2010 that primarily reflected net … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold’s Expected Crawl And TSI (25,13) Posted: 28 Jun 2011 07:39 PM PDT Click on the chart to ENLARGE I just wanted to write a quick post this evening to call attention to a couple of subtle phenomenon of gold’s intermediate cycle conclusions. We should be able to use this knowledge to help ride this bull down to the bottom of this correction and jump back on the long side of the A-wave. Before I get to these two phenomenon, I just wanted to express what my study of gold in the past few weeks has taught me.  And it is this: people’s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Down During Asian Trade Posted: 28 Jun 2011 07:30 PM PDT Forex Pros – pros – The Australian Dollar was lower against the U.S. Dollar on Wednesday.<br/><br/> AUD/USD was trading at 1.0532, down 0.08% at time of writing.<br/><br/> The pair was likely to find support at 1.0392, Monday&rsquo;s low, and resistance at 1.0601, Friday&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was up against the Euro and down against the Japanese Yen, with EUR/AUD shedding 0.04% to hit 1.3630 and AUD/JPY falling … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down During The Asian Session Posted: 28 Jun 2011 07:06 PM PDT Forex Pros – pros – The Euro was lower against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4357, down 0.10% at time of writing.<br/><br/> The pair was likely to find support at 1.4103, Monday&rsquo;s low, and resistance at 1.4397, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.08% to hit 0.8974 and EUR/JPY falling 0.22% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Not Quite A Contrarian Extreme Posted: 28 Jun 2011 06:40 PM PDT In “Financial Press Getting Very Scary — Good Sign?,” the Wall Street Journal’s MarketBeat blog notes that at least one “expert” believes bearish sentiment about the economy is at or near a contrarian extreme. The financial press sometimes is ahead of the curve, but it can also act as a contrarian indicator. The most famous incidence of this is the BusinessWeek story in August 1979 that proclaimed the Death of Equities. This story ran on the eve of what would become a remarkable two-decade … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/JPY Down During Asian Trade Posted: 28 Jun 2011 06:36 PM PDT Forex Pros – pros – The Euro was lower against the Japanese Yen on Wednesday after the release of Japanese data on Industrial Production.<br/><br/> EUR/JPY was trading at 116.22, down 0.31% at time of writing.<br/><br/> The pair was likely to find support at 113.78, Friday&rsquo;s low, and resistance at 116.67, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, preliminary data showed that Industrial production in Japan rose more-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Chart Of The Day: Motorcycle Deaths By Age Posted: 28 Jun 2011 05:52 PM PDT The chart above shows the percentage of annual motorcycle deaths represented by the youngest age group (< 29 years) and the oldest group (> 50 years), according to annual data from the National Highway Traffic Safety Administration for the years 1975 to 2009.  In 1975, 80% of motorcycle fatalities were in the youngest age group and that percentage fell over time; only 3% of the deaths were in the older age group in 1975 and that share increased over time (see chart).  It’s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/JPY Down During The Asian Session Posted: 28 Jun 2011 05:47 PM PDT Forex Pros – pros – The British Pound was lower against the Japanese Yen on Wednesday after the release of Japanese data on Industrial Production.<br/><br/> GBP/JPY was trading at 129.53, down 0.21% at time of writing.<br/><br/> The pair was likely to find support at 128.23, Monday&rsquo;s low, and resistance at 129.96, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, preliminary data showed that Industrial production in Japan rose … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD Technical Analysis For June 29, 2011 Posted: 28 Jun 2011 01:16 PM PDT By ForexMansion.com   The NZD/USD pair shot straight up to the 0.81 level on Tuesday, and is starting to look supportive at this area. The pair has done well, but until we break the 0.82 level – thus making a higher high – we will hold on this pair. We don't like selling, so we are waiting to get a buy signal. Originally posted here Read about forex brokers and the best forex broker at ForexBrokers.co.uk. About ForexMansion.com: The Finance Mansion Network operates a global … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/CHF Technical Analysis For June 29, 2011 Posted: 28 Jun 2011 01:14 PM PDT By ForexMansion.com   The GBP/CHF formed a hammer at the 1.33 level on Tuesday, as traders pushed the pair lower, but were held towards the end of the day. Although a bullish sign, one should keep in mind this pair is decidedly bearish, and the Monday bar was a shooting star. This looks like it could be more confusion than bullishness. We don't buy this pair, and simply wait to sell rallies. 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

USD/CAD Technical Analysis For June 29, 2011 Posted: 28 Jun 2011 01:12 PM PDT By ForexMansion.com   The USD/CAD fell hard on Tuesday, and tested the 0.98 level as traders bought oil markets during the day. The market has been held hostage over the last several weeks by the movements in the Brent and Light Sweet Crude markets, and looks to continue that trend. We are currently waiting for rallies to sell, but were looking for the parity level to be tested. If it does not, then we will look for other selling opportunities. We won't buy against this massive … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CHF Technical Analysis For June 29, 2011 Posted: 28 Jun 2011 01:10 PM PDT By ForexMansion.com   The USD/CHF fell on Tuesday, breaking the 0.83 level, but managed to form a hammer on Tuesday. This shows that there is a possible bounce coming in this market. The pair isn't one we would buy, but would rather wait for a nice bounce to sell. The 0.85 area would be the first massive resistance area. If we break the bottom of the Tuesday candle – that would be very, very bearish as well. Originally posted here Find more information about technical analysis, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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