DailyMarkets.com - Initial Claims Fall To 405K
DailyMarkets.com - Initial Claims Fall To 405K |
- Initial Claims Fall To 405K
- SINA Set To Launch Weibi
- UFPI Beats Estimate, Outlook Dark
- FDA Draft Guidance Should Help Streamline Approvals For Companion Diagnostics
- Earnings Preview: Mattel
- Marriott In Line, Guides Lower
- Apax And Pension Funds To Buy KCI
- Australian Dollar: The Downside Prevails
- Canadian Dollar: Key ST Resistance At 993
- A Double Bottom In Silver Targets 43, 45.85
- NY Times Lowers High Cost Debts
- A Good Start From JPMorgan
- U.S. Business Inventories Rise More-than-expected
- Which Bank Is Leveraged 104:1?
- “Administrative Blight” Plagues Nation’s Colleges
- Gold Futures Trade Close To Record High After U.S. Data
- Forex Trading: GBPUSD Keeps Bullish Bias But Momentum Fades A Touch
- Latest Developments From The Euro-zone – Italy Austerity Vote, Troika Praises Ireland, Merkel
- Stock Market News Briefs: Boeing Company, Chesapeake Energy, Clean Energy Fuels Corp., Electronic Arts, Glu Mobile, Investment Technology Group, InterMune, J P Morgan Chase & Co, Kinetic Concepts, Titanium Metals, Grupo Televisa S.A.
- Eastman Kodak Upgraded To Neutral
- Quote Of The Day: Robert Lucas
- FDA Approves Dr. Reddy’s Generic
- J. C. Penney Reports Soft Sales
- EUR/GBP Maintains Bearish Momentum In A Channel Correction
- Crude Oil Extends Gains After U.S. Jobless Claims Decline
- U.S. Dollar Slumps As Debt Ceiling Deadline Appoaches
- Swiss Franc: The Downside Prevails
- Japanese Yen: Under Pressure
- British Pound: Under Pressure
- Euro: Under Pressure
- Dollar Flounders In Calmer Waters
- Forex – USD/CAD Drops To 9-week Low After U.S. Data
- USD/CHF Bounces Off Wedge Support After New Record Lows
- Ideas Spawn At Campbell Snack Unit
- Methanex Upgraded To Neutral
- Markets In Everything: Cigarette Butts
- Forex Trading: EURUSD Moves Back Into Channel In Early NY Trade
- Better Than Expected US Jobless Claims May Help USD Funded “Risk-on” Trades
- U.S. Initial Jobless Claims Fall More-than-expected
- U.S. Retail Sales Rise Unexpectedly In June
- U.S. PPI Eases More-than-expected In June
- Charles Nenner And Harry Dent Jr 2012 Cycle Bears – Part Two
- Fluor Receives Chilean Contract
- Trucks And Trians Carry The Goods So We Must Watch The Transports
- U.S. Futures Higher On JP Morgan Earnings; Dow Up 0.2%
- EUR/USD At The Crossroad After Returning Above This Week’s Open
- Neutral On Liberty Global
- Forex – Dollar Trims Losses Vs. Rivals As U.S. Data Eyed
- Forex – GBP/USD Trims Gains Ahead Of U.S. Data
- Forex – EUR/USD Under Pressure Following Italy Bond Auction
- Forex – EUR/CHF Slumps To Record Low On Italian Debt Fears
- Oil And Gold Outlook Hinges On QE3 Bets After Key Data, Earnings
- Forex – EUR/GBP Pares Gains After Italian Debt Auction
- Moody’s Puts US On Review For Downgrade, Obama And Cantor Feud At Debt Negotiations
- USD/CHF Daily Fundamental Analysis For July 15, 2011
- GBP/USD Daily Fundamental Analysis For July 15, 2011
- EUR/USD Daily Fundamental Analysis For July 15, 2011
- USD/JPY Daily Fundamental Analysis For July 15, 2011
- NZD/USD Daily Fundamental Analysis For July 15, 2011
- AUD/USD Daily Fundamental Analysis For July 15, 2011
- AUD/NZD Daily Fundamental Analysis For July 15, 2011
- Forex News – Uncertainties Fuel Volatility Pushing Gold To Record High
| Posted: 14 Jul 2011 08:05 AM PDT Initial Claims for Unemployment Insurance fell by 22,000 last week to 405,000. This was better than the expected level of 419,000. However, last week’s numbers were revised upwards by 9,000, so one could see it as a decline of just 13,000.
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| Posted: 14 Jul 2011 08:05 AM PDT SINA Corp. (SINA) will launch virtual currency "Weibi" for its Weibo microblogging service in the third quarter of 2011, according to a recent report from news agency Reuters.
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| UFPI Beats Estimate, Outlook Dark Posted: 14 Jul 2011 08:05 AM PDT Universal Forest Products Inc. (NASDAQ:UFPI) reported its financial results for the second quarter 2011 on July 13. Earnings per share, excluding 11 cents per share of severance and early retirement charges were 33 cents compared with 70 cents in the year-ago quarter. However, results were above the Zacks Consensus Estimate of 15 cents per share.
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| FDA Draft Guidance Should Help Streamline Approvals For Companion Diagnostics Posted: 14 Jul 2011 07:40 AM PDT Brian Marckx, CFA This morning the FDA issued a draft guidance for in vitro companion diagnostic services. The agency is currently seeking public input on the guidance. When the guidance is finalized it will serve as a guide to FDA’s policy for reviewing companion diagnostic tests and the related drug therapy. The FDA is rolling out their new guidelines as a result of the significantly ramping activity … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 14 Jul 2011 07:35 AM PDT The world's largest manufacturer of toys, Mattel Inc. (NYSE:MAT) is slated to release its second quarter 2011 results on Friday, July 15, before the opening bell. The current Zacks Consensus Estimate for the second quarter is pegged at 16 cents per share, representing an annualized growth of 13.33%. The Zacks Consensus Sales estimate for the second quarter is $1,101 million.
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| Marriott In Line, Guides Lower Posted: 14 Jul 2011 07:20 AM PDT Marriott International Inc. (NYSE:MAR) reported second quarter 2011 earnings of 37 cents per share, in line with the Zacks Consensus Estimate, but up 19% year over year. Earnings were also within the company's guided range of 34 cents to 38 cents.
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| Apax And Pension Funds To Buy KCI Posted: 14 Jul 2011 07:20 AM PDT Private equity firm Apax Partners and two Canadian pension funds are set to acquire leading medical technology company Kinetic Concepts (NYSE:KCI). The deal, including Kinetic’s outstanding debt, is valued at approximately $6.3 billion.
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| Australian Dollar: The Downside Prevails Posted: 14 Jul 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
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| Canadian Dollar: Key ST Resistance At 993 Posted: 14 Jul 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
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| A Double Bottom In Silver Targets 43, 45.85 Posted: 14 Jul 2011 07:10 AM PDT Silver: Bullish Breakout can Lead to 39.50; 35.10 is Pivotal Support (7/11) - After Bernanke left the possibility of QE3 open in yesterday's scheduled testimony, commodity prices rose. QE2 can be attributed to the rise in commodity prices for most of the first half of this year.
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| NY Times Lowers High Cost Debts Posted: 14 Jul 2011 07:05 AM PDT The New York Times Company (NYSE:NYT), one of the leading diversified media company, has recently announced to prepay one of its largest financial obligation, which it owes to Carlos Slim Helu, the world’s richest man, on August 15, 2011.
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| Posted: 14 Jul 2011 07:05 AM PDT JPMorgan Chase & Company's (NYSE:JPM) second quarter earnings per share came in at $1.34, substantially ahead of the Zacks Consensus Estimate of $1.21.
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| U.S. Business Inventories Rise More-than-expected Posted: 14 Jul 2011 07:05 AM PDT Forexpros – U.S. business inventories rose more-than-expected in May, official data showed on Thursday.<br /><br />In a report, the U.S. Census Bureau said that wholesale inventories rose by 1.0% in May, above expectations for a 0.7% gain.<br /><br />The previous month’s figure was revised to an increase of 1.0% from a previously reported 0.8% rise. <br /><br />Following the release of the data the U.S. dollar was down against the euro, with … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Which Bank Is Leveraged 104:1? Posted: 14 Jul 2011 07:02 AM PDT The road to hell is paved with positive carry.
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| “Administrative Blight” Plagues Nation’s Colleges Posted: 14 Jul 2011 07:02 AM PDT Inside Higher Ed reports today on a new book “The Fall of the Faculty: The Rise of the All-Administrative University and Why It Matters” (Oxford University Press), by Benjamin Ginsberg, Professor of Political Science at Johns Hopkins University. Professor Ginsberg “takes stock of what ails higher education and finds a single, unifying cause: the growth of administration.” Here are some excerpts of the review: “Ginsberg bemoans the expansion over the past 30 years of what he calls … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Gold Futures Trade Close To Record High After U.S. Data Posted: 14 Jul 2011 06:58 AM PDT Forexpros – Gold futures held on to gains on Thursday, hovering close to the record high following a flurry of U.S. economic data, while investors awaited the second part of Federal Reserve Chairman Ben Bernanke’s testimony on monetary policy in Washington.<br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at USD1,590.85 a troy ounce during U.S. morning trade, gaining … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex Trading: GBPUSD Keeps Bullish Bias But Momentum Fades A Touch Posted: 14 Jul 2011 06:56 AM PDT |
| Latest Developments From The Euro-zone – Italy Austerity Vote, Troika Praises Ireland, Merkel Posted: 14 Jul 2011 06:54 AM PDT We've had several developments in the Euro-zone overnight, but all in all the heightened risk sentiment and volatility seems to have come down substantially at the start of the NY session, after a first half of the week in which we saw very strong moves. Therefore, there may be some exhaustion in the markets, with traders taking stock of new developments and deciding which way to push the majors, including the EUR/USD.
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| Posted: 14 Jul 2011 06:51 AM PDT Analysts at JP Morgan (NYSE:JPM) highlighted the prospects of the internet sector in a bullish note. Reacting to the development, shares prices of LinkedIn Corp. (LNKD) rose 8.41% to close at $107.87 Shares of Titanium Metals Corp. (NYSE:TIE) increased 7.02% after the company announced the extension of its titanium supply agreement with Boeing Co. (NYSE:BA). According to a regulatory filing, the company’s outstanding shares came down after it bought back some … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Eastman Kodak Upgraded To Neutral Posted: 14 Jul 2011 06:51 AM PDT We recently upgraded our recommendation on Eastman Kodak (NYSE:EK) to Neutral from Underperform.
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| Quote Of The Day: Robert Lucas Posted: 14 Jul 2011 06:38 AM PDT From today’s WSJ, Nobel economist Robert Lucas asks: “Is it possible that by imitating European policies on labor markets, welfare and taxes, the U.S. has chosen a new, lower GDP trend? If so, it may be that the weak recovery we have had so far is all the recovery we will get. If we’re going to move to a European welfare state, we’re going to have to pay a European … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| FDA Approves Dr. Reddy’s Generic Posted: 14 Jul 2011 06:35 AM PDT
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| J. C. Penney Reports Soft Sales Posted: 14 Jul 2011 06:35 AM PDT J. C. Penney Company Inc. (NYSE:JCP), a leading retailer of apparel and footwear, accessories, fashion jewelry, beauty products and home furnishings, recently reported soft sales results for the five-week period ended July 02, 2011. The company's comparable-store sales for June 2011 inched up 2.0% with total sales plummeting 0.3% to $1,545.0 million.
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| EUR/GBP Maintains Bearish Momentum In A Channel Correction Posted: 14 Jul 2011 06:34 AM PDT Prev: EUR/GBP: 0.8845 Support Cluster Broken; 0.8720 and 0.8665 in Sight (7/11) - The EUR/GBP has been consolidation since declining from this week's high near 0.8890. The consolidation has been in a rising channel seen in the 1H chart.
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| Crude Oil Extends Gains After U.S. Jobless Claims Decline Posted: 14 Jul 2011 06:34 AM PDT Forexpros – Crude oil futures extended gains on Thursday, climbing to a fresh daily high after official data showed that new applications for U.S. unemployment benefits fell to the lowest in three-months last week.<br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in August traded at USD98.75 a barrel during U.S. morning trade, jumping 0.96%. <br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| U.S. Dollar Slumps As Debt Ceiling Deadline Appoaches Posted: 14 Jul 2011 06:24 AM PDT The U.S. Dollar faced increasing headwinds in the Asian and European sessions after yesterday's news in the intermarket hours that Moody's would be placing the U.S. government's Aaa rating on review for a possible downgrade. Moody's noted that the impasse in negotiations has increased the "possibility that the statutory debt limit will not be raised on a timely basis," which would lead to a default on U.S. Treasury debt obligations.
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| Swiss Franc: The Downside Prevails Posted: 14 Jul 2011 06:18 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 14 Jul 2011 06:18 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 14 Jul 2011 06:18 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 14 Jul 2011 06:18 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Dollar Flounders In Calmer Waters Posted: 14 Jul 2011 06:17 AM PDT Early exuberance seems to have washed away in the currency markets after stability resumed midweek. A revival for risk appetite appears half-hearted and an earlier drubbing for the dollar has fallen by the way side. Dollar-bashing was inspired by the decision to put the credit rating of the U.S. under review and built on selling pressure after Bernanke offered the prospect of more forms of monetary easing.
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| Forex – USD/CAD Drops To 9-week Low After U.S. Data Posted: 14 Jul 2011 06:12 AM PDT Forexpros – The U.S. dollar was down against its Canadian counterpart on Thursday, slumping to a nine-week low after a flurry of U.S. economic data eased concerns over the pace of the U.S. economic recovery.<br /><br />USD/CAD hit 0.9548 during U.S. morning trade, the pair’s lowest since May 11; the pair subsequently consolidated at 0.9560, shedding 0.25%.<br /><br />The pair was likely to find support at 0.9512, the low of May 11 and resistance at 0.9666, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| USD/CHF Bounces Off Wedge Support After New Record Lows Posted: 14 Jul 2011 06:09 AM PDT Prev: USD/CHF: From Short-term to Long-Term Wedge Patterns: 0.8555 is Critical - The USD/CHF remains in a declining wedge seen in the daily chart.
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| Ideas Spawn At Campbell Snack Unit Posted: 14 Jul 2011 06:06 AM PDT In an effort to accelerate the rate of innovation across Baking and Snacking portfolio, Campbell Soup Company (NYSE:CPB) is going to build a 34,000 square-foot innovation center at its Pepperidge Farm facilities at an estimated cost of $30.0 million. Apart from this, the company will also upgrade its Pepperidge Farm headquarter.
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| Posted: 14 Jul 2011 06:06 AM PDT Methanex Corporation (NASDAQ:MEOH) is the world's largest supplier of methanol. It earned $0.37 per share in the first quarter of 2011 versus last year's $0.29, surpassing the Zacks Consensus Estimate of $0.23. Quarterly revenues of $619 million also outshone the Zacks Consensus Estimate of $569 million, led by volume and pricing gains. Methanex's marketing organization was also effective at managing supply chain and shipping operations in the face of challenges such as the delay in the Egypt … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Markets In Everything: Cigarette Butts Posted: 14 Jul 2011 06:04 AM PDT A San Diego stock trader pays $3 a pound for cigarette butts. HT: … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex Trading: EURUSD Moves Back Into Channel In Early NY Trade Posted: 14 Jul 2011 06:02 AM PDT The EURUSD moved below channel support buy has since moved back higher in the early NY trade. The EURUSD remains supported by what is happening (or not happening) in Washington. Better US data failed to ignite any move to the upside this morning – so far at least. There is some further support on the back of the likely passing of an austerity package in Italy today. This should ease pressure further for Italy.
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| Better Than Expected US Jobless Claims May Help USD Funded “Risk-on” Trades Posted: 14 Jul 2011 05:53 AM PDT Risk Sentiment on Edge Heading into US Reports
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| U.S. Initial Jobless Claims Fall More-than-expected Posted: 14 Jul 2011 05:49 AM PDT Forexpros – The number of people who filed for unemployment assistance in the U.S. last week declined more-than-expected, official data showed on Thursday. <br /><br />In a report, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending July 8 declined by 22,000 to a seasonally adjusted 405,000, outstripping expectations for a decline to 410,000. <br /><br />The previous week’s figure was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| U.S. Retail Sales Rise Unexpectedly In June Posted: 14 Jul 2011 05:44 AM PDT Forexpros – Retail sales in the U.S. rose unexpectedly in June, after declining for the first time in 11 months in May, official data showed on Thursday.<br /><br />In a report, the U.S. Census Bureau said that retail sales rose by a seasonally adjusted 0.1% in June, confounding expectations for a flat reading.<br /><br />The previous month’s figure was revised to a decline of 0.1% from a previously reported decline of 0.2%.<br /><br />Core retail … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| U.S. PPI Eases More-than-expected In June Posted: 14 Jul 2011 05:38 AM PDT Forexpros – Producer price inflation in the U.S. declined more-than-expected in June, official data showed on Thursday.<br /><br />In a report, the Bureau of Labor Statistics said that PPI declined by a seasonally adjusted 0.4% in June, after rising by 0.2% in May. <br /> <br />Analysts had expected PPI to decline by 0.2% in June.<br /><br />Year-over-year, the producer price index rose at an annualized rate of 7.0% in June, after advancing at a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Charles Nenner And Harry Dent Jr 2012 Cycle Bears – Part Two Posted: 14 Jul 2011 05:30 AM PDT Harry Dent listed as a catalyst for another recession 2011/12 was to be a further drop in housing. Garry Shilling has been a purma bear on housing for a while now, he was correct the last time, is he correct this time. His commentary is important to the Harry Dent thesis. Ref: Charles Nenner and Harry Dent Jr 2012 cycle bears – Part One Yahoo TechTicker 20110713 – Gary … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Fluor Receives Chilean Contract Posted: 14 Jul 2011 05:30 AM PDT Fluor Corporation (NYSE:FLR) has been awarded a contract by Minera Quadra Chile Limitada, a subsidiary of Quadra FNX Mining Ltd., to be a part of Minera's Sierra Gorda project in Chile. Fluor booked approximately $1 billion for the project in the second quarter of 2011.
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| Trucks And Trians Carry The Goods So We Must Watch The Transports Posted: 14 Jul 2011 05:23 AM PDT Trucks, trains carry the goods to market, therefore watching their cycle is critical to future trends in the stock market. The next 6 to 8 weeks will be very interesting, watch the TRAN cycle closely. Yahoo Techticker … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| U.S. Futures Higher On JP Morgan Earnings; Dow Up 0.2% Posted: 14 Jul 2011 05:13 AM PDT Forexpros – U.S. stock futures pointed to a higher open on Thursday, as markets awaited a flurry of key U.S. economic data, while shares in JP Morgan advanced ahead of the open following better-than-expected earnings.<br /><br />Dow Jones Industrial Average futures pointed to a gain of 0.2%, the S&P 500 futures climbed 0.3%, while the Nasdaq 100 futures rose 0.5%.<br /><br />Stock index futures trimmed gains amid fears over euro zone sovereign debt contagion … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| EUR/USD At The Crossroad After Returning Above This Week’s Open Posted: 14 Jul 2011 05:12 AM PDT Prev: EUR/USD Surges Above 1.40 as Bernanke Talks up Stimulus (7/13) - The EUR/USD is at the crossroad with a mix of bullish and bearish signals.
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| Posted: 14 Jul 2011 05:05 AM PDT We downgrade our recommendation on Liberty Global Inc. (NASDAQ:LBTYA) to Neutral based on its current valuation, which has soared nearly 64% last year. We believe that the long-term potential of Liberty Global is much visible now after its decision to acquire the third largest cable operator in Germany, Kabel Baden. Western Europe became an extremely lucrative segment for the cable operators. These markets witnessed growing demand for pay-TV services coupled with triple-play bundled services that … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – Dollar Trims Losses Vs. Rivals As U.S. Data Eyed Posted: 14 Jul 2011 04:32 AM PDT Forexpros – The U.S. dollar trimmed losses against its major counterparts on Thursday, as the euro came under pressure following an Italian debt auction, while markets awaited a flurry of key U.S. economic data.<br /><br />During European afternoon trade, the greenback was down against the euro, with EUR/USD edging 0.2% higher to hit 1.4191.<br /><br />Earlier in the day, Italy auctioned EUR1.25 billion of five-year bonds at an average yield of 4.93%, the highest since … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – GBP/USD Trims Gains Ahead Of U.S. Data Posted: 14 Jul 2011 04:20 AM PDT Forexpros – The pound trimmed gains against the U.S. dollar on Thursday, pulling back from a three-week high as growing fears over sovereign debt contagion in the euro zone and concerns over U.S. debt levels weighed on risk appetite.<br /><br />GBP/USD pulled back from 1.6193, the pair’s highest since June 22, to hit 1.6112 during European afternoon trade, still up 0.05% on the day. <br /><br />Cable was likely to find support at 1.5904, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/USD Under Pressure Following Italy Bond Auction Posted: 14 Jul 2011 04:07 AM PDT Forexpros – The euro pared gains against the U.S. dollar on Thursday, pulling back from a four-day high after an Italian bond auction saw yields rise to a three-year high, adding to concerns over the region’s ongoing debt crisis.<br /><br />EUR/USD pulled back from 1.4281, the pair’s highest since July 8 to hit 1.4182 during European afternoon trade, still up 0.14% on the day.<br /><br />The pair was likely to find support at 1.3950, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/CHF Slumps To Record Low On Italian Debt Fears Posted: 14 Jul 2011 03:48 AM PDT Forexpros – The euro was down for a fifth day against the safe haven Swiss franc on Thursday, falling to a fresh record low after an Italian bond auction saw yields rise to the highest since 2008, adding to fears over sovereign debt contagion in the euro zone.<br /><br />EUR/CHF hit 1.1489 during European morning trade, the pair’s all-time low; the pair subsequently consolidated at 1.1552, shedding 0.25%.<br /><br />The pair was likely to find short-term … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Oil And Gold Outlook Hinges On QE3 Bets After Key Data, Earnings Posted: 14 Jul 2011 03:40 AM PDT Commodities – Energy
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| Forex – EUR/GBP Pares Gains After Italian Debt Auction Posted: 14 Jul 2011 03:31 AM PDT Forexpros – The euro pared gains against the pound on Thursday, easing off the daily high after an Italian bond auction saw yields rise sharply, adding to ongoing fears that the euro zone’s debt crisis would spread to the region’s third largest economy.<br /><br />EUR/GBP pulled back from 0.8830, the pair’s daily high to hit 0.8801 during European morning trade, edging 0.09% higher.<br /><br />The pair was likely to find support at 0.8747, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Moody’s Puts US On Review For Downgrade, Obama And Cantor Feud At Debt Negotiations Posted: 13 Jul 2011 08:47 PM PDT The impasse in regards to passing an increase to the debt ceiling and the consequences associated with that have come home to roost as we have Moody's putting the US under review for a credit rating downgrade, a step you do not want as a country. The recalcitrant opposition to compromise, which could have put together a "grand bargain" plan that would cut $4 trillion from the deficit over the next 10-12 years, with mainly spending cuts but also have some revenue … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| USD/CHF Daily Fundamental Analysis For July 15, 2011 Posted: 13 Jul 2011 07:40 PM PDT By ForexMansion.com
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| GBP/USD Daily Fundamental Analysis For July 15, 2011 Posted: 13 Jul 2011 07:39 PM PDT By ForexMansion.com
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| EUR/USD Daily Fundamental Analysis For July 15, 2011 Posted: 13 Jul 2011 07:38 PM PDT By ForexMansion.com
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| USD/JPY Daily Fundamental Analysis For July 15, 2011 Posted: 13 Jul 2011 04:18 PM PDT By ForexMansion.com
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| NZD/USD Daily Fundamental Analysis For July 15, 2011 Posted: 13 Jul 2011 04:14 PM PDT By ForexMansion.com
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| AUD/USD Daily Fundamental Analysis For July 15, 2011 Posted: 13 Jul 2011 04:08 PM PDT By ForexMansion.com
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| AUD/NZD Daily Fundamental Analysis For July 15, 2011 Posted: 13 Jul 2011 04:06 PM PDT By ForexMansion.com
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| Forex News – Uncertainties Fuel Volatility Pushing Gold To Record High Posted: 13 Jul 2011 03:50 PM PDT By ForexMansion.com
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