DailyMarkets.com - Autodesk Beats On Strong Revenues

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• Autodesk Beats On Strong Revenues
• Tech Data Beats On Strong Sales
• Forex Trading: USDJPY Breaks Low And Stops Triggered
• EUR/JPY And GBP/JPY Maintains Short-term Bullish Stance Even After Channels Broke Down
• A Big Bridge In The Wrong Place On The Hudson
• Synopsys Tops Estimates
• HP Reports In Line
• Forex – NZD/USD Up During The European Session
• Forex Trading: USDCAD Moves To Test 200 Hour MA/trendline At 0.9862
• EUR/GBP On Top Of Pivotal Support Zone
• DARA’s KRN5500 Looking Attractive
• RXi Reports Second Quarter Financial Results
• Stock Market News Briefs: Acme Packet, Cree, Eastman Kodak Company, Goldman Sachs Group, Hewlett-Packard Company, NetApp, Corporate Office Properties Trust, Sears Holdings, TRW Automotive Holdings, Texas Roadhouse
• Gerdau Reconsiders Chile Project
• Despite U.S. Dollar Weakness In Overnight, S&P 500 Futures Point Lower
• Forex – EUR/CHF Down In European Trade
• Japanese Yen: Under Pressure
• Swiss Franc: The Downside Prevails
• British Pound: Under Pressure
• Euro: The Downside Prevails
• When The Going Gets Tough, Traders Turn To Treasuries!
• Forex Trading: EURUSD Moves To The Next Target At 1.4417
• Liberty Media’s New Strategy
• Uncertainty Driving Market Volatility
• FCX’s Cerro Verde To Raise Output
• Kodak Patents For Sale
• European Shares & US Futures Shed Some Losses, Helping Higher Yielders In NY Morning
• Forex Trading: USDCHF Sits Tight Despite Stock Market Woes.
• Forex – USD/CAD Down In European Trading Hours
• GBP/USD Remains In Upwards Channel And Resumes Uptrend Towards 1.6745
• PBI Enhances Its SendSuite Offering
• Amdocs Nets Bridgewater
• EUR/USD Holds Above 1.4250 And Is In A Couter-Trend Breakout
• Forex Trading: EURUSD Surges Higher In Reaction To Emergency Fed Meeting Chatter
• Forex – EUR/GBP Up During The European Session
• CAD Firms After July CPI Report; Even As Cooling Inflation Gives BOC Time To Assess
• Forex – GBP/CHF Down In European Trade
• Forex – USD/CAD Down On Economic Data
• Canadian Consumer Price Inflation Rises
• Forex – AUD/USD Down In European Trading Hours
• Crude Oil Suffers With Stocks, Gold Hits Record High On Risk Aversion
• Forex – USD/CHF Down During The European Session
• Natural Gas Daily Fundamental Analysis For August 19, 2011
• Crude Oil Daily Fundamental Analysis For August 19, 2011
• Gold Daily Fundamental Analysis For August 19, 2011

Autodesk Beats On Strong Revenues Posted: 19 Aug 2011 07:35 AM PDT Autodesk Inc.(NASDAQ:ADSK) reported second quarter 2012 earnings of 36 cents per share, beating the Zacks Consensus Estimate by two cents. Earnings per share (EPS), including stock-based compensation but excluding one-time charges, increased 20.0% year over year, driven by strong revenue growth across all geographies and business segments. Operational Performance Gross profit (including stock-based compensation but excluding one-time charges) was $497.4 million, up 15.1% year over year. However, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Tech Data Beats On Strong Sales Posted: 19 Aug 2011 07:35 AM PDT Information technology (IT) products distributor, Tech Data Corp. (TECD) reported second quarter 2012 earnings of $1.10 per share, surpassing the Zacks Consensus Estimate by 15 cents. Earnings per share (EPS) increased 34.1% year over year primarily driven by strong top-line growth and aggressive share buyback activity during the quarter. Operating Performance Gross profit increased 18.5% year over year to $340.8 million. Gross margin of 5.3% remained flat on a year-over-year basis. Selling, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: USDJPY Breaks Low And Stops Triggered Posted: 19 Aug 2011 07:15 AM PDT … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/JPY And GBP/JPY Maintains Short-term Bullish Stance Even After Channels Broke Down Posted: 19 Aug 2011 07:09 AM PDT Prev: EUR/JPY and GBP/JPY are Attempting to Build Momentum in Bullish Channels (8/17) EUR/JPY The 1H chart show the EUR/JPY after breaking below a recent upwards channel. However, it still may be bullish in the short-term, but maybe not as bullish as the GBP/JPY. 1H RSI broke below 30, so we need to see it now rally above 60 to kill the bearish momentum. Price action held above 61.8% retracement, so it was a deep correction, but one that still keeps the bullish scenario alive. The 4H chart … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

A Big Bridge In The Wrong Place On The Hudson Posted: 19 Aug 2011 07:02 AM PDT From David Kestenbaum at Planet Money: “You would never look at a map of the Hudson River (see above), point to the spot where the Tappan Zee Bridge is, and say, “Put the bridge here!” The Tappan Zee crosses one of the widest points on the Hudson — the bridge is more than three miles long. And if you go just a few miles south, the river gets much narrower. As you might expect, it would have been cheaper and easier to build the bridge across the narrower spot on the river. So I wanted to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Synopsys Tops Estimates Posted: 19 Aug 2011 06:55 AM PDT Synopsys Inc.'s (SNPS) second quarter 2011 earnings per share (EPS) of 39 cents surpassed the Zacks Consensus Estimate of 34 cents per share. Revenue Revenue in the second quarter was $393.7 million, up 16.4% from $338.1 million reported in the year-ago period. The significant revenue growth was attributable to strong orders in the quarter and faster business run rate. Moreover, the company benefited from healthy electronics industry and higher demand for new product during the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

HP Reports In Line Posted: 19 Aug 2011 06:55 AM PDT Hewlett-Packard Company (NYSE:HPQ) reported third quarter 2011 earnings per share (EPS) of $1.10, in line with the Zacks Consensus Estimate. Revenues Revenues increased 1.0% year over year to $31.2 billion but were down 2.0% on constant currency basis. The company reported revenue growth across some of its business segments, partially offset by declines in the Personal Systems Group (PSG) and Imaging and Printing Group (IPG). Moreover, the company is undertaking several constructive steps to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Up During The European Session Posted: 19 Aug 2011 06:50 AM PDT Forexpros – The New Zealand Dollar was higher against the U.S. Dollar on Friday.<br/><br/> NZD/USD was trading at 0.8251, up 0.44% at time of writing.<br/><br/> The pair was likely to find support at 0.8178, today&rsquo;s low, and resistance at 0.8426, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the New Zealand Dollar was up against the Australian Dollar and down against the Euro, with AUD/NZD shedding 0.06% to hit 1.2641 and EUR/NZD rising 0.13% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: USDCAD Moves To Test 200 Hour MA/trendline At 0.9862 Posted: 19 Aug 2011 06:41 AM PDT The USDCAD is moving back down toward the 200 hour MA and trendline. A break below will test the 50% at 0.9855 and then the low for the day at the 0.9850.  A break below next has the 100 hour MA at the 0.9842 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/GBP On Top Of Pivotal Support Zone Posted: 19 Aug 2011 06:37 AM PDT Prev: EUR/GBP Price Action Suggests Further Correction Decline (8/16) EUR/GBP Support Zone: The EUR/GBP continued to be a in a bearish mode medium term, but in the longer medium term, we see it ranging since April. It is now on top of a support zone, and me might get a bounce. The 4H chart shows price action being supported near the previous low just above 0.8650. The Daily Chart also shows that price action is now hovering above the 200SMA, and a projected rising support. The RSI shows a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

DARA’s KRN5500 Looking Attractive Posted: 19 Aug 2011 06:35 AM PDT Jason Napodano, CFA DARA's KRN5500 Looking Attractive DARA Biosciences (DARA) lead product candidate is KRN5500, a non-narcotic/non-opioid, analgesic agent, currently under development for the treatment of chemotherapy-induced peripheral neuropathy (CIPN) in patients with cancer. DARA has successfully completed phase 2a studies with KRN5500 and is planning to enter phase 2b trials shortly. CIPN is a major dose limiting side effect of many commonly used chemotherapeutic agents, including … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

RXi Reports Second Quarter Financial Results Posted: 19 Aug 2011 06:35 AM PDT Grant Zeng, CFA RXi Reports Second Quarter Financial Results There was no revenue for the second quarter ended June 30, 2011. Research and development expenses increased to $2.7 million in the second quarter of 2011 from $2.3 million in the second quarter of 2010, and increased to $4.8 million for the first six months of 2011 from $4.2 million for the first six months of 2010. The increase was primarily due to an increase of $1.0 million in research and development cash expenses due to a ramp … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stock Market News Briefs: Acme Packet, Cree, Eastman Kodak Company, Goldman Sachs Group, Hewlett-Packard Company, NetApp, Corporate Office Properties Trust, Sears Holdings, TRW Automotive Holdings, Texas Roadhouse Posted: 19 Aug 2011 06:35 AM PDT     Sears Holdings (NASDAQ:SHLD) posted a Q2 loss of $1.13, wider than the Zacks Consensus Estimate for a loss of $0.64 per share. Revenues for the quarter fell 1.2% year-over-year to $10.33 billion, surpassing the Zacks Consensus Estimate of $10.097 billion     Tech giant Hewlett-Packard’s (NYSE:HPQ) reported adjusted earnings of $1.10 per share on revenues of $31.2 billion for the third quarter, beating the Zacks Consensus Estimates of $1.09 and $31.1 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gerdau Reconsiders Chile Project Posted: 19 Aug 2011 06:35 AM PDT Brazilian steel maker, Gerdau S.A. (NYSE:GGB) recently communicated its intent on investments in Chile under a project that was framed in 2008, but was deferred due to the global meltdown. Now, as the world economy is on its path to recovery from the crisis, the company has revived its Chilean investment plan and hopes to invest $240 million in the region, primarily targeted to boost its output capacity and steel production. The project, for the 2012-2015 time period, gets the green signal only … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Despite U.S. Dollar Weakness In Overnight, S&P 500 Futures Point Lower Posted: 19 Aug 2011 06:27 AM PDT Fundamental Headlines • Inflation May Embolden Foes of Fed Stimulus – Bloomberg • France Eases Ban on Short-Selling of Banks Before Index Futures Expiration – Bloomberg • Clamour for Amendments to Italian Austerity – Financial Times • Gold at New High as Trades Shun Stocks – Financial Times • Japan Forex Chief Meets BOJ Officials to Talk Yen – WSJ European Session Summary The Swiss Franc was the strongest performing currency in the Asian and European sessions as global … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/CHF Down In European Trade Posted: 19 Aug 2011 06:25 AM PDT Forexpros – The Euro was lower against the Swiss Franc on Friday.<br/><br/> EUR/CHF was trading at 1.1324, down 0.51% at time of writing.<br/><br/> The pair was likely to find support at 1.1165, Tuesday&rsquo;s low, and resistance at 1.1555, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.56% to hit 1.4413 and EUR/JPY rising 0.36% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Japanese Yen: Under Pressure Posted: 19 Aug 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

Swiss Franc: The Downside Prevails Posted: 19 Aug 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

British Pound: Under Pressure Posted: 19 Aug 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

Euro: The Downside Prevails Posted: 19 Aug 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

When The Going Gets Tough, Traders Turn To Treasuries! Posted: 19 Aug 2011 06:18 AM PDT Friday, August 19, 2011 With Bond prices moving parabolic, it’s important to be mindful of the so called “gravity effect”, when prices can fall fast and far when a sudden price move comes to an end. That being said, trying to pick a top by selling futures could end up being more of a risk then most traders can stomach should the price rise continue. Those traders who think Bond prices may be near a peak may wish to consider exploring the purchase of an out-of-the-money put in Bond futures … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Moves To The Next Target At 1.4417 Posted: 19 Aug 2011 06:16 AM PDT A move above does not have much  in the way of resistance until the 1.4450 high from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Liberty Media’s New Strategy Posted: 19 Aug 2011 06:10 AM PDT In a major strategic move, Liberty Media Corp. (NASDAQ:LINTA) has abandoned its plan to buy a controlling stake in Barnes & Noble Inc. (NYSE:BKS), instead will invest in the company. In last May, Liberty Media decided to acquire 70% stake of Barnes & Noble for around $1.02 billion. Yesterday, the two companies jointly announced that as per the new deal, Liberty Media will now invest $204 million to purchase preferred stock of Barnes & Noble, which can be converted into approximately 12 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Uncertainty Driving Market Volatility Posted: 19 Aug 2011 06:10 AM PDT Uncertainty has gripped the market. This is pushing gold prices to new highs and yields on treasury bonds to new lows. While there is no shortage of issues, the biggest driver of this glum mood is the uncertain outlook for the U.S. economy. Europe’s inability to get a handle on its problems is another key issue that refuses to go away. The market is trying to handicap the odds of a fresh recession in the U.S. on a day-to-day basis. These odds increase on a day like Thursday when the overall … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

FCX’s Cerro Verde To Raise Output Posted: 19 Aug 2011 06:05 AM PDT Freeport-McMoRan Copper & Gold Inc.'s (NYSE:FCX) $3.5 billion Cerro Verde project expects to increase its annual output by 45% to 1 billion pounds of copper. At Cerro Verde, the feasibility study for a large-scale concentrator expansion was expected to be completed in second-quarter 2011. In the second quarter, management had stated that the $3.5 billion project would expand the concentrator facilities from 120,000 metric tons of ore per day to 360,000 metric tons of ore per day and provide … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Kodak Patents For Sale Posted: 19 Aug 2011 06:05 AM PDT Eastman Kodak Co. (NYSE:EK) has put a portfolio of its patents on digital imaging, up for sale. The move entails attracting potential buyers and converting the company's intellectual property into cash. Kodak's digital-imaging patents are estimated to worth $3 billion, of late. In July, Kodak announced selling 1,100 patents on digital imaging equivalent to about 10% of its portfolio. The patents may include one that protects image-preview technology used in cameras. The company hired … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Shares & US Futures Shed Some Losses, Helping Higher Yielders In NY Morning Posted: 19 Aug 2011 06:02 AM PDT The route in global equities that began in Thursday's trading extended in Friday's session, but we are seeing some reprieve as we head into the cash open of US equities. There is growing concern about the global economy – that global growth is slowing. This week we've had data from the Euro-zone GDP disappoint, as well as string of weaker than expected US releases, increasing the chances of a double dip recession. In the US, we had we data from the Philly Fed index yesterday … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: USDCHF Sits Tight Despite Stock Market Woes. Posted: 19 Aug 2011 06:00 AM PDT The USDCHF remains in a tight range despite the stock market woes that normally would lead to the flight into the currency.  The fear that the SNB may enact some actions over the weekend likely has the market players cautious despite the urge for the flight to quality reaction that is so customary for the currency. From a technical perspective the price has been moving sideways this week in narrowing ranges. Today, the price did find resistance against top trendline resistance at the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Down In European Trading Hours Posted: 19 Aug 2011 06:00 AM PDT Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Friday after the release of Canadian data on CPI.<br/><br/> USD/CAD was trading at 0.9880, down 0.25% at time of writing.<br/><br/> The pair was likely to find support at 0.9775, Wednesday&rsquo;s low, and resistance at 0.9938, Thursday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Consumer price inflation in Canada rose to a seasonally adjusted 0.2% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/USD Remains In Upwards Channel And Resumes Uptrend Towards 1.6745 Posted: 19 Aug 2011 05:52 AM PDT GBP/USD Bullish Channel: The GBP/USD has been very strong and has been rallying in an upwards channel. A break above 1.6470 recently opened up further bullish scenario and the first upside target at the 1.6546 pivot was reached. Risk-off trading brought the market back here, and despite violation of this as support, the market still rejected attempts to break below the general pivot zone between 1.6470 and 1.6440. Now, GBP/USD bulls are back in force. The 1H chart shows the GBP/USd … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

PBI Enhances Its SendSuite Offering Posted: 19 Aug 2011 05:35 AM PDT Pitney Bowes Inc. (NYSE:PBI) has developed its SendSuite Live™ global logistics solution by the addition of shipping payments and logistics services for the shippers. This solution will help them to save their shipping cost by nearly 20% by making the carrier payment process quite simple. Further, this will facilitate the company to provide a full suite of best-in-class services among all the logistics management solutions available. Services included in the SendSuite Live's parcel and freight … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Amdocs Nets Bridgewater Posted: 19 Aug 2011 05:35 AM PDT Amdocs Ltd. (NYSE:DOX), the largest developer of customer experience systems, recently acquired Bridgewater Systems of Canada, a leading intelligent software developer for converged mobile platform. Amdocs paid approximately $215.5 million for Bridgewater. However, after adjusting the net cash position of the company, Amdocs effectively paid a little over $130.7 million. Bridgewater's software optimized mobile data growth, reduces network congestion by diverting data traffic to WiFi networks … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/USD Holds Above 1.4250 And Is In A Couter-Trend Breakout Posted: 19 Aug 2011 05:27 AM PDT Prev: EUR/USD Cracking Channel Support near 1.4380; Above 1.4250, Outlook Remains Bullish (8/18) EUR/USD Counter-Trend Breakout is a term used to describe a market that reverses from a "counter-trend" or corrective move. This assumes there is a trend development. In the case of EUR/USD, it is a very choppy trend, but there is a short-term one to the upside as the market carries mostly above the 200SMA (in the 1H chart), and is indeed making higher highs and higher lows. Note that the RSI … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Surges Higher In Reaction To Emergency Fed Meeting Chatter Posted: 19 Aug 2011 05:04 AM PDT In addition Spain is on the wires saying that they will take measures to stimulate jobs and growth.  I thought austerity was the key word in the Eurozone?  This seems at odds with the Merkel/Sarkozy plan outlined this week which called for fiscal austerity for countries with budget woes.  In any case the EURUSD has shot higher breaking above the key 100 day MA at the 1.4359 level. At the level is also the trendline off the highs.  The move above this key level sent the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Up During The European Session Posted: 19 Aug 2011 05:00 AM PDT Forexpros – The Euro was higher against the British Pound on Friday.<br/><br/> EUR/GBP was trading at 0.8701, up 0.27% at time of writing.<br/><br/> The pair was likely to find support at 0.8654, today&rsquo;s low, and resistance at 0.8830, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.33% to hit 1.4381 and EUR/JPY rising 0.22% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

CAD Firms After July CPI Report; Even As Cooling Inflation Gives BOC Time To Assess Posted: 19 Aug 2011 04:59 AM PDT Annual CPI Falls Below 3% Canadian inflation continued to soften in July, as the headline annual inflation rate fall below the 3% mark for the first time in five months coming in at 2.7% reading. That compares to 3.1% in June. Annual core CPI rose at a 1.6% rate year-over-year, stronger than the 1.3% in June. On the month, both the headline rate and the core rates rose at 0.2%, a modest gain. On the month headline inflation rose to 0.2% while core inflation was also up 0.2%. That shows rather … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/CHF Down In European Trade Posted: 19 Aug 2011 04:30 AM PDT Forexpros – The British Pound was lower against the Swiss Franc on Friday.<br/><br/> GBP/CHF was trading at 1.3060, down 0.42% at time of writing.<br/><br/> The pair was likely to find support at 1.2693, Tuesday&rsquo;s low, and resistance at 1.3216, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the U.S. Dollar and the Euro, with GBP/USD shedding 0.08% to hit 1.6504 and EUR/GBP rising 0.001% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Down On Economic Data Posted: 19 Aug 2011 04:15 AM PDT Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Friday after the release of Canadian data on CPI.<br/><br/> USD/CAD was trading at 0.9904, down 0.02% at time of writing.<br/><br/> The pair was likely to find support at 0.9775, Wednesday&rsquo;s low, and resistance at 0.9938, Thursday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Consumer price inflation in Canada rose to a seasonally adjusted 0.2% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Canadian Consumer Price Inflation Rises Posted: 19 Aug 2011 04:10 AM PDT Forexpros – Consumer price inflation in Canada rose last month, official data showed on Friday.<br/><br/>In a report, Statistics Canada said that Canadian consumer price inflation rose to a seasonally adjusted 0.2%, from -0.7% in the preceding month.<br/><br/>Analysts had expected Canadian consumer price inflation to rise 0.2% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Down In European Trading Hours Posted: 19 Aug 2011 04:00 AM PDT Forexpros – The Australian Dollar was lower against the U.S. Dollar on Friday.<br/><br/> AUD/USD was trading at 1.0381, down 0.10% at time of writing.<br/><br/> The pair was likely to find support at 1.0315, today&rsquo;s low, and resistance at 1.0602, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.001% to hit 1.3796 and AUD/JPY falling 0.20% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Suffers With Stocks, Gold Hits Record High On Risk Aversion Posted: 19 Aug 2011 04:00 AM PDT Talking Points Crude Oil Follows Stocks Lower as Confidence Evaporates Gold Hits New Record High, Silver Inching to H&S Target WTI Crude Oil (NY Close): $82.38 // -5.20 // -5.94% Risk sentiment remains on the defensive, with growth-sensitive assets including the WTI contract sharply lower in European trade as the region's exchanges pick up where Wall Street and Asian traders left off. Yesterday's batch of US economic data sparked the latest blood-letting as the Philly Fed measure of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Down During The European Session Posted: 19 Aug 2011 03:20 AM PDT Forexpros – The U.S. Dollar was lower against the Swiss Franc on Friday.<br/><br/> USD/CHF was trading at 0.7894, down 0.59% at time of writing.<br/><br/> The pair was likely to find support at 0.7770, Tuesday&rsquo;s low, and resistance at 0.8017, Wednesday&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 0.16% to hit 1.4310 and USD/JPY falling 0.15% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Daily Fundamental Analysis For August 19, 2011 Posted: 18 Aug 2011 04:28 PM PDT By CommoditiesMansion.com   Natural gas prices extended the drop on Thursday, as speculations of mild weather conditions in East and Midwest of the United States led to expectations of falling demand for power-plant fuel, which put downside pressure on natural gas prices. Moreover, The EIA report for natural gas stockpiles showed an increase of 50 billion cubic feet above median estimates of 47 billion cubic feet and the prior estimate of 25 billion cubic feet. Also, worse than expected … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Daily Fundamental Analysis For August 19, 2011 Posted: 18 Aug 2011 04:27 PM PDT By CommoditiesMansion.com   Crude oil prices fell sharply on Thursday, as rising risk aversion in markets amid concerns from the EU debt crisis and the health of the European banking system, in addition to worse than expected data from the United State from the labor, housing, and manufacturing sectors, which spread a huge wave of pessimism across global markets, and sent crude oil prices sharply lower. Traders will continue to focus on the prospects of slowing global growth and the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Daily Fundamental Analysis For August 19, 2011 Posted: 18 Aug 2011 04:26 PM PDT By CommoditiesMansion.com   Gold prices extended the gains on Thursday to set a new record high above $1815 an ounce, where rising concerns from the European debt crisis and the health of the European financial system, in addition to mounting fears over the outlook of the U.S. economy after data from the labor market signaled ongoing weakness, which spread pessimism across global markets and pushed demand for safe assets including gold, which sent gold prices skyrocketing above $1815 an … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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