DailyMarkets.com - Forex – USD/CHF At Record Low As U.S. Debt Concerns Weigh

---

• Forex – USD/CHF At Record Low As U.S. Debt Concerns Weigh
• Steve Keen The Financial Sector Needs A Rupert Murdoch Moment
• Forex – EUR/GBP Erases Gains After U.K. GDP Meets Expectations
• Euro Stocks Drop As UBS, BP Earnings Weigh; DAX Down 0.4%
• Forex – Dollar Down Vs. Rivals As Debt Talks Deadlock Weighs
• U.K. Q2 Gross Domestic Product Rises In Line With Expectations
• Crude Oil Futures Advance On Broad Dollar Weakness
• Forex – GBP/USD Close To 5-week High As U.K. GDP Data Eyed
• Forex – USD/JPY Hits 4-month Low Amid Calls For Intervention
• Gold Futures Edge Lower As Investors Monitor U.S. Debt Talks
• Forex – Aussie Hits 3-month High As Greenback Hit By Debt Woes
• Forex – NZD/USD At Record As Rate Hike Outlook Supports
• Asia Stocks Advance On Key Earnings; Nikkei Gains 0.45%
• Forex – EUR/USD Hits 3-week High As U.S. Debt Fears Continue
• German Gfk Consumer Climate Index Declines Unexpectedly
• Momentum Stock: Polaris Industries, Inc.
• Bear Of The Day: The Goldman Sachs Group (GS)
• Bull Of The Day: El Paso Corporation (EP)
• Aggressive Growth Stock: Western Refining
• Growth & Income Stock: United Technologies Corp.
• Forex – EUR/USD Up During The Asian Session
• India Central Bank Hikes Rate 50bps To 8.00%
• Forex – GBP/USD Up In Asian Trade
• Forex – EUR/CHF Up In Asian Trading Hours
• Forex – USD/CHF Down During Asian Trade
• Forex – EUR/GBP Up During The Asian Session
• Frank Barbera: Foreign Market Woes Foreshadow Rough Second Half
• Forex – USD/JPY Down During Asian Trade
• Singapore Stock Market Update For Tuesday 26 July
• GBP/USD Breaks Above A Flag Pattern; Swing Projection Targets 1.6585
• Forex – USD/CAD Down In Asian Trading Hours
• Jim Rogers: U.S. Has Already Lost Its AAA Rating
• Markets In Everything: Testicular Pet Implants
• Previewing The UK 2nd Quarter GDP Release – Growth Or No Growth?
• Forex – AUD/USD Up During Asian Trade
• Forex – EUR/USD Up During The Asian Session
• Forex – EUR/JPY Down During Asian Trade
• Fashion Crime Scene: Flip-Flops = Fashion Flop
• The Money Supply Logjam May Finally Be Loosening
• Forex – GBP/JPY Up During The Asian Session
• Oil Technical Analysis For July 26, 2011
• Natural Gas Technical Analysis For July 26, 2011
• Gold Technical Analysis For July 26, 2011
• Gold Daily Fundamental Analysis For July 26, 2011
• Crude Oil Daily Fundamental Analysis For July 26, 2011
• Natural Gas Daily Fundamental Analysis For July 26, 2011

Forex – USD/CHF At Record Low As U.S. Debt Concerns Weigh Posted: 26 Jul 2011 03:09 AM PDT Forexpros – The broadly weaker U.S. dollar slumped to a record low against the Swiss franc on Tuesday, as a lack of progress in talks between U.S. President Barack Obama and congressional leaders to raise the U.S. debt ceiling bolstered demand for safe haven assets.<br /><br />USD/CHF hit 0.8000 during European morning trade, the pair&rsquo;s all-time low; the pair subsequently consolidated at 0.8022, shedding 0.45%.<br /><br />The pair was likely to find support … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Steve Keen The Financial Sector Needs A Rupert Murdoch Moment Posted: 26 Jul 2011 03:08 AM PDT Steve Keen with his Aussie lingo knows how to call it as it is, and he has not slowed down. Go Steve Source : Al Jazeera interview on Rating … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Erases Gains After U.K. GDP Meets Expectations Posted: 26 Jul 2011 02:41 AM PDT Forexpros – The euro erased gains against the pound on Tuesday, pulling back from a two-week high, after official data showed that the U.K. economy grew in line with expectations in the second quarter.<br /><br />EUR/GBP pulled back from 0.8883, the pair&rsquo;s highest since July 11, to hit 0.8833 during European morning trade, unchanged on the day.<br /><br />The pair was likely to find support at 0.8796, Monday&rsquo;s low and resistance at 0.8891, the high … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Euro Stocks Drop As UBS, BP Earnings Weigh; DAX Down 0.4% Posted: 26 Jul 2011 02:17 AM PDT Forexpros – European stock markets were broadly lower on Tuesday, as investors digested earnings from some of Europe’s largest companies, while U.S. futures indexes pointed to a lower open on Wall Street amid worries over a lack of progress in U.S. debt talks.<br /><br />During European morning trade, the EURO STOXX 50 slumped 0.6%, France&rsquo;s CAC 40 dropped 0.9%, while Germany&rsquo;s DAX 30 fell 0.4%.&nbsp; <br /><br />Swiss banking giant UBS saw … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Down Vs. Rivals As Debt Talks Deadlock Weighs Posted: 26 Jul 2011 01:38 AM PDT Forexpros – The U.S. dollar was sharply lower against all of its major counterparts on Tuesday, as talks between U.S. President Barack Obama and congressional leaders on raising the U.S.&rsquo;s USD14.3 trillion debt ceiling appeared to be making little progress.<br /><br />During European morning trade, the greenback was down against the euro, with EUR/USD climbing 0.74% to hit 1.4492.<br /><br />Late Monday, President Obama warned that the nation&rsquo;s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.K. Q2 Gross Domestic Product Rises In Line With Expectations Posted: 26 Jul 2011 01:37 AM PDT Forexpros – The U.K. economy grew broadly in line with market expectations in the second quarter of 2011, preliminary official data showed on Tuesday.<br /><br />In a report, the Office for National Statistics said gross domestic product increased in line with expectations by a seasonally adjusted 0.2% in the second quarter, after rising by 0.5% in the preceding quarter. <br /><br />Year-over-year, GDP grew at an annualized rate of 0.7% in the second quarter, falling … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Futures Advance On Broad Dollar Weakness Posted: 26 Jul 2011 01:26 AM PDT Forexpros – Crude oil futures were higher on Tuesday, hovering close to the psychologically important USD100-a-barrel level as a broadly weaker U.S. dollar boosted the appeal of commodities and countered concerns over the uncertain short-term energy demand outlook in the U.S.&nbsp; <br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in September traded at USD99.66 a barrel during European morning trade, gaining … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Close To 5-week High As U.K. GDP Data Eyed Posted: 26 Jul 2011 01:03 AM PDT Forexpros – The pound was trading close to a five-week high against the broadly weaker U.S. dollar on Tuesday, ahead of the release of U.K. data on second quarter economic growth.<br /><br />GBP/USD hit 1.6367 during early European trade, the pair&rsquo;s highest since June 15; the pair subsequently consolidated at 1.6337, gaining 0.38%.<br /><br />Cable was likely to find support at 1.6120, the low of June 21 and resistance at 1.6440, the high of June 14.<br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Hits 4-month Low Amid Calls For Intervention Posted: 26 Jul 2011 12:50 AM PDT Forexpros – The U.S. dollar fell to a four-month low against the yen on Tuesday, re-approaching the record low hit in the aftermath of the March 11 earthquake, prompting calls for intervention in foreign exchange markets from Japanese officials.<br /><br />USD/JPY hit 77.90 during late Asian trade, the pair&rsquo;s lowest since March 17; the pair subsequently consolidated at 78.06, shedding 0.26%.<br /><br />The pair was likely to find support at 77.09, the low of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Futures Edge Lower As Investors Monitor U.S. Debt Talks Posted: 26 Jul 2011 12:44 AM PDT Forexpros – Gold futures edged lower on Tuesday, but remained well supported close to the record high as investors awaited developments in regards to the impasse in U.S. debt talks, while a broadly weaker U.S. dollar supported prices. <br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for October delivery traded at USD1,610.85 a troy ounce during late Asian trade, shedding … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Aussie Hits 3-month High As Greenback Hit By Debt Woes Posted: 26 Jul 2011 12:24 AM PDT Forexpros – The Australian dollar surged to a three-month high against its U.S. counterpart on Tuesday, as the greenback came under increasing selling pressure as talks over raising the U.S. debt ceiling remained deadlocked.<br /><br />AUD/USD hit 1.0941 during late Asian trade, the pair&rsquo;s highest since May 3; the pair subsequently consolidated at 1.0927, gaining 0.77%.<br /><br />The pair was likely to find support at 1.0794, Monday&rsquo;s low and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD At Record As Rate Hike Outlook Supports Posted: 25 Jul 2011 11:57 PM PDT Forexpros – The New Zealand dollar rose to a record high against its U.S. counterpart on Tuesday, as concerns over deadlocked debt talks weighed on the greenback, while the kiwi was lifted by expectations for a near-term rate hike by the Reserve Bank.<br /><br />NZD/USD hit 0.8712 during late Asian trade, the pair&rsquo;s highest since exchange rate controls ended in March 1985; the pair subsequently consolidated at 0.8709, climbing 0.79%.<br /><br />The pair was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Asia Stocks Advance On Key Earnings; Nikkei Gains 0.45% Posted: 25 Jul 2011 11:47 PM PDT Forexpros – Asian stock markets were broadly higher on Tuesday, as a number of stronger-than-expected earnings reports overshadowed concerns over a deadlock in talks to lift the U.S. debt ceiling before a looming deadline.<br /><br />During late Asian trade, Hong Kong’s Hang Seng Index climbed 1%, Australia&rsquo;s ASX/200 Index rose 0.95%, while Japan&rsquo;s Nikkei 225 Index gained 0.45%.&nbsp;&nbsp;&nbsp; <br /><br />U.S. President Barack Obama … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Hits 3-week High As U.S. Debt Fears Continue Posted: 25 Jul 2011 11:33 PM PDT Forexpros – The euro advanced to a three-week high against the U.S. dollar on Tuesday, after speeches by U.S. President Barack Obama and House Speaker John Boehner pointed to a lack of progress in debt talks.<br /><br />EUR/USD hit 1.4509 during late Asian trade, the pair&rsquo;s highest since July 5; the pair subsequently consolidated at 1.4500, surging 0.85%.<br /><br />The pair was likely to find support at 1.4324, Monday&rsquo;s low and short-term … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

German Gfk Consumer Climate Index Declines Unexpectedly Posted: 25 Jul 2011 11:22 PM PDT Forexpros – Germany’s consumer climate for August declined unexpectedly, with decreases in both economic and income expectations, industry data showed on Tuesday.<br /><br />In a report, market research group Gfk said its index of Germany’s consumer climate fell to 5.4 in August from 5.5 in July, whose figure was revised down from 5.7.<br /><br />Analysts had expected the index to ease up to 5.6 in August. <br /><br />The ongoing discussions about the best … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Stock: Polaris Industries, Inc. Posted: 25 Jul 2011 11:05 PM PDT Polaris Industries, Inc. (NYSE:PII) recently jumped into a new all-time high after reporting strong Q2 results that included a hefty 16% earnings surprise. With estimates on the rise and a bullish growth projection, this Zacks #1 rank stock has more than a recreational interest in momentum. Company Description Polaris Industries, Inc. designs and manufactures off-road, recreational and specialty utility vehicles worldwide. The company was founded in 1987 and has a market cap of $4.2 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bear Of The Day: The Goldman Sachs Group (GS) Posted: 25 Jul 2011 11:05 PM PDT The Goldman Sachs Group Inc. (NYSE:GS) reported second quarter 2011 earnings per share of $1.85, significantly below the Zacks Consensus Estimate of $2.29 per share. Coupled with global macroeconomic concerns, the results deteriorated driven by a decrease in revenue and poor performance in the Institutional Client Services division. Further, the Investing and Lending division also recorded lower revenues. After reviewing the results, we are maintaining our Underperform recommendation on the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: El Paso Corporation (EP) Posted: 25 Jul 2011 11:05 PM PDT El Paso Corporation’s (NYSE:EP) high-grade E&P assets and large inventory of pipeline projects offer significant value in the long run. The company benefits from hedging a substantial portion of its future production, which offers operating clarity and cash-flow visibility even when energy prices remain volatile. We believe the competence of management and the company’s access to financing will enable successful execution of El Paso’s industry-leading pipeline backlog going forward. We upgrade … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: Western Refining Posted: 25 Jul 2011 11:05 PM PDT Western Refining, Inc. (NYSE:WNR) analysts continue to grow even more bullish on this company just ahead of its earnings release. Shares are cheap, the outlook is great and the stock is a Zacks #1 Rank (Strong Buy). Company Description Western Refining is an independent oil refiner in the U.S. They also transport petroleum products around the southwest. Great Earnings to Come? The company scheduled its next quarterly report for Aug 4 and right now it looks like people are getting excited. Analysts … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth & Income Stock: United Technologies Corp. Posted: 25 Jul 2011 11:05 PM PDT United Technologies Corp. (NYSE:UTX) recently delivered a triple play for the second quarter of 2011: a positive sales surprise, a positive earnings surprise, and increased guidance. The vast majority of analysts have been raising their estimates too, sending the stock to a Zacks #2 Rank (Buy). United Technologies has also been returning value to shareholders through stock buy backs and dividend increases. It currently yields a solid 2.2%. Valuation is reasonable too, with shares trading around … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 25 Jul 2011 10:55 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Tuesday.<br/><br/> EUR/USD was trading at 1.4497, up 0.83% at time of writing.<br/><br/> The pair was likely to find support at 1.4140, Thursday&rsquo;s low, and resistance at 1.4500, today&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.32% to hit 0.8862 and EUR/JPY rising 0.58% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

India Central Bank Hikes Rate 50bps To 8.00% Posted: 25 Jul 2011 10:53 PM PDT The Reserve Bank of India [RBI] increased its repo rate by 50 basis points to 8.00% from 7.50% and raised the reverse repo rate to 7.00% from 6.50% by the same margin; trouncing market expectations for a 25bp increase.  RBI governor, Duvvuri Subbarao, noted: “Considering the overall growth and inflation scenario, there is a need to persevere with the anti-inflationary stance,”.  The RBI also commented on a desire to ”maintain the credibility of the commitment of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Up In Asian Trade Posted: 25 Jul 2011 10:25 PM PDT Forexpros – The British Pound was higher against the U.S. Dollar on Tuesday.<br/><br/> GBP/USD was trading at 1.6351, up 0.46% at time of writing.<br/><br/> The pair was likely to find support at 1.6122, Thursday&rsquo;s low, and resistance at 1.6354, today&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.28% to hit 0.8859 and GBP/JPY rising 0.22% 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: 25 Jul 2011 09:55 PM PDT Forexpros – The Euro was higher against the Swiss Franc on Tuesday.<br/><br/> EUR/CHF was trading at 1.1602, up 0.12% at time of writing.<br/><br/> The pair was likely to find support at 1.1519, Monday&rsquo;s low, and resistance at 1.1891, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.70% to hit 1.4477 and EUR/JPY rising 0.41% 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: 25 Jul 2011 09:25 PM PDT Forexpros – The U.S. Dollar was lower against the Swiss Franc on Tuesday.<br/><br/> USD/CHF was trading at 0.8022, down 0.48% at time of writing.<br/><br/> The pair was likely to find support at 0.8008, today&rsquo;s low, and resistance at 0.8247, Friday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.64% to hit 1.4469 and USD/JPY falling 0.19% 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: 25 Jul 2011 09:00 PM PDT Forexpros – The Euro was higher against the British Pound on Tuesday.<br/><br/> EUR/GBP was trading at 0.8862, up 0.31% at time of writing.<br/><br/> The pair was likely to find support at 0.8763, Thursday&rsquo;s low, and resistance at 0.8864, today&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.71% to hit 1.4479 and EUR/JPY rising 0.47% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Frank Barbera: Foreign Market Woes Foreshadow Rough Second Half Posted: 25 Jul 2011 08:46 PM PDT Frank Barbera thinks weakness in the Australian and Brazilian stock markets could be a sign of trouble for U.S. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down During Asian Trade Posted: 25 Jul 2011 08:35 PM PDT Forexpros – The U.S. Dollar was lower against the Japanese Yen on Tuesday.<br/><br/> USD/JPY was trading at 78.14, down 0.18% at time of writing.<br/><br/> The pair was likely to find support at 77.90, today&rsquo;s low, and resistance at 79.02, Thursday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.67% to hit 1.4473 and GBP/USD rising 0.36% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Singapore Stock Market Update For Tuesday 26 July Posted: 25 Jul 2011 08:25 PM PDT Asia market edged higher with investors remaining on edge after US President Barack Obama and House Speaker John Boehner give speeches showing little progress on a debt deal. As debt-ceiling compromise fails to materialize, investors increasingly price in a US downgrade. As we had mentioned previously that market is challenging new resistance at 3200, so large swing in index should not be seen as reversal of market direction. We will expect market to consolidation around this point before … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/USD Breaks Above A Flag Pattern; Swing Projection Targets 1.6585 Posted: 25 Jul 2011 08:11 PM PDT Prev: USD Outlook for August…(7/23) GBP/USD Flag Pattern Broken; 1.6585 target: - As we head to the next sterling risk event, which is the Q2 GDP for the UK, the GBP/USD is breaking above a flag pattern seen in the 1H chart. - Structurally, Elliott Wave terminology would also describe it as a double 3-wave correction. - This push came after Obama addressed the nation briefly. This speech shows continuing conflict and did not provide relief, and possibly added to more pessimism on how the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Down In Asian Trading Hours Posted: 25 Jul 2011 08:10 PM PDT Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Tuesday.<br/><br/> USD/CAD was trading at 0.9442, down 0.34% at time of writing.<br/><br/> The pair was likely to find support at 0.9424, Thursday&rsquo;s low, and resistance at 0.9530, Friday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.65% to hit 1.4471 and GBP/USD rising 0.37% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Jim Rogers: U.S. Has Already Lost Its AAA Rating Posted: 25 Jul 2011 07:56 PM PDT Jim Rogers still says he's long the dollar at least for the short term.  He's still pessimistic on the U.S. fiscal situation for the long term and believes the current debt debate is just a political … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Markets In Everything: Testicular Pet Implants Posted: 25 Jul 2011 07:54 PM PDT “Neuticles are a patented, revolutionary testicular implant procedure for pets. Over 425,000 caring pet owners worldwide have selected Neuticles as a safe, practical and inexpensive option when neutering their beloved pet. Neuticles allows your pet to retain his natural look, self-esteem and aids in the trauma associated with altering.” Neuticles: “It’s Like Nothing Ever Changed”  HT: Brad … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Previewing The UK 2nd Quarter GDP Release – Growth Or No Growth? Posted: 25 Jul 2011 07:38 PM PDT A key risk event for the GBP overnight will be the UK 2nd quarter GDP results to be released at 4:30AM ET (8:30AM GMT). We preview this release. Fundamental Release: UK GDP (1st release for 2nd Quarter) Time: 4:30AM ET (8:30AM GMT) Forecast: 0.2% Pair(s): GBP/USD and other GBP Crosses Importance of This Event: The UK recovery has been a fragile one, and the first reading of 2nd quarter GDP gives us a chance to see how the economy has performed recently. The 1st quarter saw growth of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Up During Asian Trade Posted: 25 Jul 2011 07:30 PM PDT Forexpros – The Australian Dollar was higher against the U.S. Dollar on Tuesday.<br/><br/> AUD/USD was trading at 1.0878, up 0.31% at time of writing.<br/><br/> The pair was likely to find support at 1.0695, Thursday&rsquo;s low, and resistance at 1.0884, today&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was down against the Euro and up against the Japanese Yen, with EUR/AUD gaining 0.01% to hit 1.3260 and AUD/JPY rising 0.24% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 25 Jul 2011 07:05 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Tuesday.<br/><br/> EUR/USD was trading at 1.4423, up 0.32% at time of writing.<br/><br/> The pair was likely to find support at 1.4140, Thursday&rsquo;s low, and resistance at 1.4438, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.08% to hit 0.8841 and EUR/JPY rising 0.04% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/JPY Down During Asian Trade Posted: 25 Jul 2011 06:35 PM PDT Forexpros – The Euro was lower against the Japanese Yen on Tuesday.<br/><br/> EUR/JPY was trading at 112.37, down 0.16% at time of writing.<br/><br/> The pair was likely to find support at 111.47, Thursday&rsquo;s low, and resistance at 113.57, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and down against the British Pound, with EUR/USD gaining 0.08% to hit 1.4389 and EUR/GBP falling 0.03% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Fashion Crime Scene: Flip-Flops = Fashion Flop Posted: 25 Jul 2011 06:22 PM PDT Flip-flops…. they used to be for the beach only….. Now we’ve become “Flip-Flop Nation” and They’re Everywhere … Workplace, hotel lobbies, airplanes, shopping malls, restaurants, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Money Supply Logjam May Finally Be Loosening Posted: 25 Jul 2011 06:04 PM PDT For those of us seeking relief from the hot air in Washington and the rest of the country, it comes in a little noticed bounce in the money supply statistics. The Fed's latest estimates for M2, in its H.6 release on July 21, shows the growth rate for the past 3 months at 8.2 percent; the past 6 months at 6.8 percent; and the past 12 months at 6.0 percent. These numbers are a welcome increase from the 5 percent level they were all stuck at throughout the recent round of quantitative … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/JPY Up During The Asian Session Posted: 25 Jul 2011 05:45 PM PDT Forexpros – The British Pound was higher against the Japanese Yen on Tuesday.<br/><br/> GBP/JPY was trading at 127.52, up 0.08% at time of writing.<br/><br/> The pair was likely to find support at 127.02, Thursday&rsquo;s low, and resistance at 128.42, Friday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the U.S. Dollar and the Euro, with GBP/USD gaining 0.001% to hit 1.6276 and EUR/GBP falling 0.05% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Oil Technical Analysis For July 26, 2011 Posted: 25 Jul 2011 10:08 AM PDT By CommoditiesMansion.com   Light Sweet Crude The CL contract once again dipped, and then recovered on Monday, as traders continue to push against the $100 mark. We believe that when that level finally gives way, it should be an explosive move as the markets have fought so hard to get above it. The daily close above $100 on this chart gets us buying. Brent The Brent contract looks almost identical, but at the $120 level. The move in these markets could be simultaneous, but if one … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Technical Analysis For July 26, 2011 Posted: 25 Jul 2011 10:07 AM PDT By CommoditiesMansion.com   The natural gas markets had a fairly wide range of trading during the Monday session, as the market ended up falling, but only slightly so. The $4.20 to $4.40 area continues to be supportive and should hold up, but we are currently looking for a supportive candle in which to get involved in the market to take advantage of the continuing trading range from $4 to $5 in this market. Originally posted here The latest info on crude oil and particularly crude … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Technical Analysis For July 26, 2011 Posted: 25 Jul 2011 10:06 AM PDT By CommoditiesMansion.com   The gold markets rose on Monday as the US still hasn't come to an agreement on the debt limit, and the deficits that the government has been racking up. The $1,600 area has been solidly broken, and as such it should now turn into support. However, the headline risk of a deal could possibly send this market down and quickly. The market is still bullish, but downside risks are out there. If the market falls, look to buy on supportive candles. Originally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Daily Fundamental Analysis For July 26, 2011 Posted: 25 Jul 2011 01:37 AM PDT By CommoditiesMansion.com Gold prices continued to gain on Monday, as U.S. lawmakers failed to reach an agreement to raise the debt ceiling, which boosted demand for safe assets including gold, and that provided god prices to rise earlier on Monday and set a new record high above $1620 an ounce. Traders continue to target gold as a safe haven, especially since they doubt U.S. lawmakers will be able to reach a compromise deal to raise the debt ceiling and reduce the deficit before an August 2, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Daily Fundamental Analysis For July 26, 2011 Posted: 25 Jul 2011 01:37 AM PDT By CommoditiesMansion.com Crude oil prices dropped slightly on Monday, as pessimism continued to dominate markets, since U.S. lawmakers failed to reach an agreement to raise the debt ceiling ahead of an August 2 deadline after which the United States will default on its debt payments, which kept investors on their toes, and drove them away from risky assets, and accordingly crude oil prices came under negative pressure and dropped. Traders will be focused on the latest developments in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Daily Fundamental Analysis For July 26, 2011 Posted: 25 Jul 2011 01:35 AM PDT By CommoditiesMansion.com Natural gas prices rose on Monday, as expectations of hot weather conditions in Ease Coast cities in the United States boosted speculations of rising demand for power-plant fuel to meet rising cooling demand. Expectations of warm weather conditions later this week should provide natural gas prices with more bullish momentum, since it will lead to speculations of rising demand for power-plant fuel. Originally posted here Explore WTICrudeOil.com to find out about oil … [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