DailyMarkets.com - PS Business Parks Beats Estimates
DailyMarkets.com - PS Business Parks Beats Estimates |
- PS Business Parks Beats Estimates
- Natural Gas Futures Jump Above USD4.05 After U.S. Supply Data
- Word From The Floor: Wall Street Higher, Dow Above 11K
- Forex – GBP/USD Hits Daily High After Osborne Comments
- Legg Mason’s July AUM Plummeted
- Forex – EUR/USD Turns Higher In Choppy Trade, Debt Woes Remain
- Swiss National Bank Floats Idea Of Peg, CHF Rallies Strongly
- Forex – USD/CHF Soars More Than 5% On SNB Speculation
- Acorn Energy’s Second Quarter Results Are Above Expectations
- NCUA Alleges Goldman For Securities
- Watson’s Rosuvastatin Gets FDA Nod
- Bullish Correction Targets For USD/CHF, EUR/CHF And GBP/CHF
- Gold Extends Losses After Jobless Claims Fall, CME Margin Hike
- Australian Dollar: Technical Rebound In A Bearish Trend
- Canadian Dollar: Technical Rebound In A Bearish Trend
- Crude Takes A Dip On Eurozone Debt Concerns
- Earnings Scorecard: Celgene
- PSEi: Testing Some Major Supports
- DJIA Chart: Classic ‘Head And Shoulders’
- Forex – USD/CAD Dips After U.S., Canadian Trade Data
- Crude Oil Futures Turn Higher After Strong U.S. Jobs Data
- Fresh Shocks To Confidence
- TAM Revs Up, Beats Estimate
- Stock Market News Briefs: Bank Of New York Mellon, Capital One Financial, Cree, Cisco Systems, Walt Disney Company, Polo Ralph Lauren, Toreador Resources Corporation
- Earning Scorecard: Union Pacific
- A Mixed Bag For Lions Gate
- Swiss Franc Plummets As SNB Warns Of Peg To Euro
- Forex – Euro Surges Above 1.08 Vs. Broadly Weaker Franc
- USD/CAD Poised To Attack Parity Above 0.9960
- Swiss Franc: The Downside Prevails
- Japanese Yen: Under Pressure
- British Pound: Under Pressure
- Euro: The Downside Prevails
- Morning Market Brief
- Forex – USD/JPY Pares Losses After U.S. Jobs Data
- Time Warner Cable Remains Neutral
- TV On Tablets
- News Corp. Beats
- Market Prices Worst-Case Scenario
- U.S. Futures Turn Higher After Upbeat Jobs Data; Dow Up 0.3%
- Forex Trading: USDCHF Breaks Above The 100 Hour MA And Tests 38.2% Retracement
- Forex Trading: EURUSD Finds Support At 1.4100.
- U.S. Trade Deficit Widens Unexpectedly In June
- U.S. Initial Jobless Claims Fall More-than-expected
- HON, FWLT Tech For Oman Project
- Kinross Posts Strong 2Q Results
- Markets In Everything: Charter Universities
- Quote Of The Day: The Folly Of Short-Termism
- Stalking EUR/GBP For A Gartley Completion
- Forex – Dollar Mixed Vs. Rivals As French Fears Weigh On Euro
- Forex – GBP/USD Close To 3-week Low As Osborne Speech Eyed
- This Morning’s Key Stories – SNB Talks Peg, French Banks Extend Slide, GBP Awaits Osborne, Aussie Jobs Data Misses
- Forex – EUR/USD Trims Gains On Italian, French Debt Concerns
- European Stocks Rally Short-lived As French Banks Turn Lower
- EUR/USD Maintains Bearish Bias Ahead Of US Session; 1.4055 In Sight
- Forex – USD/CHF Surges As SNB Considering Further Measures
| PS Business Parks Beats Estimates Posted: 11 Aug 2011 08:05 AM PDT PS Business Parks Inc. (NYSE:PSB) reported second quarter 2011 FFO (fund from operations) of $35.8 million or $1.11 per share compared to $30.7 million or $0.96 per share in the year-earlier quarter. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income.
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| Natural Gas Futures Jump Above USD4.05 After U.S. Supply Data Posted: 11 Aug 2011 08:04 AM PDT Forexpros – Natural gas futures erased losses on Thursday, climbing above the psychologically important USD4.00 level after a report from the U.S. Energy Information Administration showed that natural gas inventories rose less-than-expected last week. <br /><br />On the New York Mercantile Exchange, natural gas futures for September delivery traded at USD4.090 per million British thermal units during U.S. morning trade, surging … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Word From The Floor: Wall Street Higher, Dow Above 11K Posted: 11 Aug 2011 08:00 AM PDT 08/11/11 US stocks pared prior session losses to climb at the open. Euro zone developments and an improvement in jobless claims were … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – GBP/USD Hits Daily High After Osborne Comments Posted: 11 Aug 2011 07:56 AM PDT Forexpros – The pound rose to a fresh daily high against the U.S. dollar on Thursday, as upbeat comments from U.K. Chancellor George Osborne and a report showing U.S. jobless claims fell to a four-month low last week boosted sentiment.<br /><br />GBP/USD hit 1.6229 during U.S. morning trade, a daily high; the pair subsequently consolidated at 1.6230, gaining 0.59%.<br /><br />Cable was likely to find support at 1.6110, the daily low and a three-week low and resistance … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Legg Mason’s July AUM Plummeted Posted: 11 Aug 2011 07:50 AM PDT Baltimore-based Legg Mason Inc. (NYSE:LM) experienced a decline in its assets under management (AUM) in July on a sequential basis. This was preceded by a drop in both June and May AUM.
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| Forex – EUR/USD Turns Higher In Choppy Trade, Debt Woes Remain Posted: 11 Aug 2011 07:39 AM PDT Forexpros – The euro turned higher against the U.S. dollar in choppy trade on Thursday, pulling back from a four-day low after a report showing U.S. jobless claims fell to a four-month low boosted sentiment, but gains were limited amid fears the euro zone’s debt crisis could spread to the region’s banking sector.<br /><br />EUR/USD pulled back from 1.4102, the lowest since August 5, to hit 1.4233 during U.S. morning trade, gaining 0.38% on the day. <br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Swiss National Bank Floats Idea Of Peg, CHF Rallies Strongly Posted: 11 Aug 2011 07:33 AM PDT The idea of the Swiss National Bank pegging the Franc to the Euro is one of the more stronger policy responses available to the Swiss authorities, but one that comes with inherent risks and loss of independence and sovereignty. From Bloomberg: "A temporary Swiss franc peg with the euro is within the range of options that policy makers may use to stem the currency's record-breaking rally, Jordan said in an interview with Tages-Anzeiger today.
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| Forex – USD/CHF Soars More Than 5% On SNB Speculation Posted: 11 Aug 2011 07:29 AM PDT Forexpros – The U.S. dollar extended sharp gains against the broadly weaker Swiss franc on Thursday, after comments from Swiss National Bank Vice President Thomas Jordan fuelled speculation the central bank would introduce further measures to weaken the currency. <br /><br />USD/CHF hit 0.7686 during U.S. morning trade, the highest since August 5; the pair subsequently consolidated at 0.7651, soaring 5.31%.<br /><br />The pair was likely to find support at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Acorn Energy’s Second Quarter Results Are Above Expectations Posted: 11 Aug 2011 07:25 AM PDT Steven Ralston, CFA Acorn Energy (ACFN) reported second quarter results for the period ending June 30, 2011. Revenues increased 30.3% to $10.72 million from $8.23 million, primarily due to strong growth at CoaLogix and GridSense, where revenue growth was well above expectations. Total gross profit declined 14.2% to $2.98 million from $3.48 million in the comparable-period last year. The gross profit margin decreased 1,444 basis … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| NCUA Alleges Goldman For Securities Posted: 11 Aug 2011 07:25 AM PDT On Tuesday,The Goldman Sachs Group Inc. (NYSE:GS) was sued by National Credit Union Administration (NCUA), the U.S. regulator of credit unions. The complaint lodged claims that Goldman violated federal and state securities laws and misrepresented documents as an underwriter in the sale of $1.2 billion in mortgage-backed securities.
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| Watson’s Rosuvastatin Gets FDA Nod Posted: 11 Aug 2011 07:25 AM PDT Watson Pharmaceuticals Inc. (NYSE:WPI) recently announced the tentative approval of its rosuvastatin zinc tablets by the US Food and Drug Administration (FDA). The regulatory body approved 5, 10, 20 and 40 mg formulations of the drug.
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| Bullish Correction Targets For USD/CHF, EUR/CHF And GBP/CHF Posted: 11 Aug 2011 07:23 AM PDT This morning, we learned that the SNB is considering a temporary peg of CHF to the EUR. This gave the CHF a boost, but is this the type of gain that can last? Where can we expect the current CHF weakness to target in the USD/CHF, EUR/CHF, and GBP/CHF? Channel Resistance:
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| Gold Extends Losses After Jobless Claims Fall, CME Margin Hike Posted: 11 Aug 2011 07:19 AM PDT Forexpros – Gold futures extended losses on Thursday, retreating from the record high after official data showed that U.S. jobless claims fell to a four-month low last week and after a margin increase by the CME Group on gold futures prompted some investors to sell their positions and lock in gains.<br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for October delivery traded at USD1,758.85 a troy ounce during U.S. morning trade, tumbling … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Australian Dollar: Technical Rebound In A Bearish Trend Posted: 11 Aug 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: Technical Rebound In A Bearish Trend Posted: 11 Aug 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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| Crude Takes A Dip On Eurozone Debt Concerns Posted: 11 Aug 2011 02:15 AM PDT 08/11/11 Growing concerns over a deepening eurozone debt crisis has paved the way for a mornin of losses for front month crude … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 11 Aug 2011 07:05 AM PDT Following the release of encouraging second quarter 2011 financial results, majority of the analysts following Celgene Corporation (NASDAQ:CELG) have raised their earnings estimates for fiscal 2011 and fiscal 2012. The impressive showing was driven by strong sales of cancer drugs Revlimid and Vidaza.
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| PSEi: Testing Some Major Supports Posted: 11 Aug 2011 07:03 AM PDT The Philippine Stock Exchange Index (PSEi) or PCOMP has been seeing some wild and scary ride for the last couple of weeks. After enjoying consecutive days of marking new all-time highs, the index suddenly saw its gains for the year disappear in less than a week. So the question now is, will the local equities recover or will it finally fall into a bear market?
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| DJIA Chart: Classic ‘Head And Shoulders’ Posted: 11 Aug 2011 07:01 AM PDT Recent market volatility is clearly unnerving. I believe the volatility is exacerbated by the general decline in broad based participation in the markets over the last few years. Additionally, the growth in derivatives, both within the equity and fixed income markets, has served to accentuate the swings. I described these swings and the accompanying spike in volatility as the equivalent of an Adult Swim Only a few days ago when I wrote, What Caused the Market Meltdown?. What are the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/CAD Dips After U.S., Canadian Trade Data Posted: 11 Aug 2011 06:59 AM PDT Forexpros – The U.S. dollar edged lower against its Canadian counterpart on Thursday, after both countries released data on their respective trade balances, while better-than-expected U.S. jobs data helped lift sentiment.<br /><br />USD/CAD hit 0.9872 during U.S. morning trade, the daily low; the pair subsequently consolidated at 0.9935, dipping 0.13%.<br /><br />The pair was likely to find support at 0.9765, the low of August 10 and resistance at 1.0009, the high of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Crude Oil Futures Turn Higher After Strong U.S. Jobs Data Posted: 11 Aug 2011 06:45 AM PDT Forexpros – Crude oil futures turned higher in volatile trade on Thursday, re-approaching the daily high after official data showed that U.S. first time jobless claims fell to a four-month low last week, easing fears over the U.S. economic outlook.<br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in September traded at USD82.58 a barrel during U.S. morning trade, climbing 1.12%. <br /><br />It earlier rose as much as … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 11 Aug 2011 06:37 AM PDT Investors are increasingly concerned at the lack of response from central bankers and governments as confidence across markets deepens. Fed Chief Bernanke yesterday met with President Obama this week to discuss the alarming situation at a time when panic was growing fuelled by ill-founded rumors of a French sovereign downgrade and a collapse in one of the nation's leading banks. The obvious challenge facing the two is simply how to address the problem with arguably fewer tools than three … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 11 Aug 2011 06:35 AM PDT Brazilian Airlines, TAM S.A. (NYSE:TAM) reported its financial results for the second quarter of fiscal year 2011. TAM reported a net income of R$60.3 million (US$37.9 million) in the quarter, up from a loss of R$174.8 million (US$98.2 million) in the year-ago quarter but down 53.2% sequentially.
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| Posted: 11 Aug 2011 06:35 AM PDT According to a report in The New York Times, Capital One (NYSE:COF) has decided to acquire the U.S. credit card business segment of HSBC holdings (HSBC) in a deal estimated to be over $2 billion MakeMyTrip Limited (MMYT) posted Q1 EPS of $0.04, surpassing analysts' consensus estimate of $0.03 per share. Revenues for the quarter rose 51.8% year-over-year to $21.1 million ZaZa Energy and Toreador Resources Corporation (NASDAQ:TRGL) … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Earning Scorecard: Union Pacific Posted: 11 Aug 2011 06:35 AM PDT Union Pacific Corporation (NYSE:UNP) reported robust second-quarter 2011 financial results with both revenue and earnings per share (EPS) exceeding the Zacks Consensus Estimate.
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| Posted: 11 Aug 2011 06:35 AM PDT Lions Gate Entertainment Corp. (NYSE:LGF) recently reported mixed first-quarter 2012 results. The company posted quarterly earnings of 9 cents a share, a significant recovery from a loss of 54 cents a share in the prior-year quarter. The analysts covered by Zacks had anticipated Lions Gate to deliver a loss of 6 cents a share.
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| Swiss Franc Plummets As SNB Warns Of Peg To Euro Posted: 11 Aug 2011 06:34 AM PDT The Swiss Franc took a nose dive today after Swiss National Bank Vice President Thomas Jordan warned that a "temporary" Franc-Euro peg could be utilized to stem the safe haven currency's rally amidst increased market uncertainty. The policymaker said that "any temporary measures to influence the exchange rate are permissible under our mandate as long as these are consistent with long-term price stability." In the aftermath of what has been the harshest rhetoric employed by a central … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – Euro Surges Above 1.08 Vs. Broadly Weaker Franc Posted: 11 Aug 2011 06:28 AM PDT Forexpros – The euro was up sharply against the Swiss franc on Thursday, climbing to a two-day high after comments from Swiss National Bank Vice President Thomas Jordan fuelled speculation the central bank might link the franc to the euro.<br /><br />EUR/CHF hit 1.0817 during U.S. morning trade, the highest since August 9; the pair subsequently consolidated at 1.0715, soaring 4.02%.<br /><br />The pair was likely to find support at 1.0066, the low of August 9 and the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| USD/CAD Poised To Attack Parity Above 0.9960 Posted: 11 Aug 2011 06:21 AM PDT Previous: USD/CAD to Form a Double Bottom with a Break Above Parity (8/9) Bullish Structure:
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| Swiss Franc: The Downside Prevails Posted: 11 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
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| Posted: 11 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
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| Posted: 11 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
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| Posted: 11 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
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| Posted: 11 Aug 2011 01:15 AM PDT 08/11/11 The latest in news, commentary, and information on what’s moving the US equities markets just prior to the NYSE opening bell including: French banks taking a hit & improved US jobs … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/JPY Pares Losses After U.S. Jobs Data Posted: 11 Aug 2011 06:15 AM PDT Forexpros – The U.S. dollar pared gains against the yen in volatile trade on Thursday, pulling back from close to a four-month low following the release of better-than-expected U.S. data on first time jobless claims.<br /><br />USD/JPY pulled back from 76.29, the lowest since August 1, to hit 76.75 during U.S. morning trade, still down 0.12% on the day. <br /><br />The pair was likely to find support at 76.12, the low of March 16 and resistance at 77.30, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Time Warner Cable Remains Neutral Posted: 11 Aug 2011 06:05 AM PDT Time Warner Cable Inc. (NYSE:TWC) reported strong financial results for second-quarter 2011. Despite this, we remain highly concerned regarding massive video subscriber loss of the company. In the last quarter, revenue inched up 4.4% while adjusted OIBDA grew 4.2%, resulting in margin compression. However, management is following a systematic share buy-back program, which may support the bottom line in the near term.
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| Posted: 11 Aug 2011 06:05 AM PDT Watching TV programs on tablets has become a reality. In a significant move yesterday, Cablevision Systems Corp. (NYSE:CVC) and Viacom Inc. (NASDAQ:AAPL) developed iPAD, iPhone, and other similar devices.
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| Posted: 11 Aug 2011 06:05 AM PDT Despite the global economic unrest and declining sheen in the stock market on account of the recent phone hacking scandal in the U.K. that resulted in the closure of the publication of News of the World and abstinence from acquiring the remaining 61% stake in the British Sky Broadcasting Group, News Corporation (NWSA) posted fourth-quarter 2011 financial results that beat Zacks’ expectations.
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| Market Prices Worst-Case Scenario Posted: 11 Aug 2011 06:05 AM PDT The extreme volatility and sharp market downturn reflects a worst-case scenario for the U.S. economy. Granted, the recent run of economic reports has been on the weak side and the odds of a recession have increased, but there is more positive momentum in the data than the sell-off is making us believe. Developments in Europe and new question marks over French banks are not helping sentiment either, but the epicenter of the downturn is here in the U.S. and is led by the weak economic … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| U.S. Futures Turn Higher After Upbeat Jobs Data; Dow Up 0.3% Posted: 11 Aug 2011 05:59 AM PDT Forexpros – U.S. stock futures pointed to a slightly higher open on Thursday, erasing sharp losses following the release of better-than-expected data on first time jobless claims, while fears over the health of the euro zone’s banking sector weighed. <br /><br />Ahead of the open, the Dow Jones Industrial Average futures pointed to a gain of 0.3%, the S&P 500 futures advanced 0.45%, while the Nasdaq 100 futures climbed 0.85%.<br /><br />Stock futures … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex Trading: USDCHF Breaks Above The 100 Hour MA And Tests 38.2% Retracement Posted: 11 Aug 2011 05:52 AM PDT The USDCHF has continued it's surge higher, breaking through the 100 hour MA, trendline resistance but found a wall agains the 38.2% retracement of the move down from the July 19th high to the low reached 2 trading days ago. Look for support buyers now against the trendline and the 100 hour MA at the 0.7478 and 0.7435 levels respectively. The 200 hour mA (green line at 0.7590 is the next … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex Trading: EURUSD Finds Support At 1.4100. Posted: 11 Aug 2011 05:51 AM PDT The low from earlier today came in at the 1.4123 area. The 38.2% of the last leg down come in at 1.41458. The quick rejection of the new low and perhaps the article on a ban of short selling, may give traders reason for … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| U.S. Trade Deficit Widens Unexpectedly In June Posted: 11 Aug 2011 05:42 AM PDT Forexpros – The U.S. trade deficit widened unexpectedly in June, posting the largest deficit in almost three years, official data showed on Thursday.<br /><br />In a report, the U.S. Bureau of Economic Analysis said that the U.S. trade deficit widened to a seasonally adjusted USD53.1 billion in June, compared to a deficit of USD50.8 billion in May, whose figure was revised up from a deficit of USD50.2 billion.<br /><br />Analysts had expected the U.S. trade deficit to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| U.S. Initial Jobless Claims Fall More-than-expected Posted: 11 Aug 2011 05:36 AM PDT Forexpros – The number of people who filed for unemployment assistance in the U.S. last week fell 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 august 5 fell by 7,000 to a seasonally adjusted 395,000, outstripping expectations for a decline to 401,000. <br /><br />The previous week’s figure was revised up to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| HON, FWLT Tech For Oman Project Posted: 11 Aug 2011 05:35 AM PDT Recently Oman Oil Refineries and Petroleum Industries (Orpic), owned by the Government of the Sultanate of Oman, selected technologies of both UOP LLC, a Honeywell International Inc. (NYSE:HON) company, and Foster Wheeler AG (NASDAQ:FWLT), for its refinery in Sohar, Oman. The Solvent Deasphalting (SDA) process technology from the companies will be used to process heavy oil and expand fuel and petrochemicals production at the refinery.
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| Kinross Posts Strong 2Q Results Posted: 11 Aug 2011 05:35 AM PDT Gold miner Kinross Gold Corporation (NYSE:KGC) reported record adjusted net income of $226.5 million or $0.20 per share in the second quarter of 2011, above last year's $111.4 million or $0.16 per share, outpacing the Zacks Consensus Estimate of $0.16.
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| Markets In Everything: Charter Universities Posted: 11 Aug 2011 05:34 AM PDT COLUMBUS — “Ohio's 14 universities would be automatically relieved of some state regulations and they could qualify for even more autonomy if they take less state money, according to an executive summary of a plan to be released today. Ohio Board of Regents Chancellor Jim Petro today will walk university officials through his plan to create charter or enterprise universities and change the way the state oversees higher … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Quote Of The Day: The Folly Of Short-Termism Posted: 11 Aug 2011 05:26 AM PDT “The president is wrong to pose the issue as more taxes for millionaires to pay for more redistribution now. That path leads to future crises because higher taxes support the low productivity growth of the welfare state, delay the transition to export-led growth, and do not reduce future budget liabilities enough. The central issue facing the U.S. is whether we turn away from unsustainable budget and trade deficits toward an economy that grows at historic rates with low inflation. More … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Stalking EUR/GBP For A Gartley Completion Posted: 11 Aug 2011 05:19 AM PDT Prev: Euro Relief Fading Against the USD, GBP, JPY, and CHF (8/8) Gartley Projections:- The EUR/GBP in developing an ABC pattern. If the 2 downswings are similar in size, we would complete a gartley pattern.
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| Forex – Dollar Mixed Vs. Rivals As French Fears Weigh On Euro Posted: 11 Aug 2011 05:02 AM PDT Forexpros – The U.S. dollar was mixed against its major counterparts on Thursday, as growing concerns that the euro zone’s debt crisis could spill over to the region’s banking sector weighed on sentiment and sent the euro lower.<br /><br />During European afternoon trade, the greenback was up against the euro, with EUR/USD shedding 0.22% to hit 1.4145.<br /><br />European equities were significantly off their earlier highs, as shares in major French … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – GBP/USD Close To 3-week Low As Osborne Speech Eyed Posted: 11 Aug 2011 04:46 AM PDT Forexpros – The pound pared gains against the U.S. dollar on Thursday, re-approaching a three-week low as concerns that the euro zone’s debt crisis could spread to the region’s banking sector weighed on sentiment ahead of a speech in parliament from U.K. Chancellor George Osborne.<br /><br />GBP/USD pulled back from 1.6206, the daily high, to hit 1.6141 during European afternoon trade, still up 0.04% on the day. <br /><br />Cable was likely to find … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 11 Aug 2011 04:45 AM PDT Here's a round-up of key stories in the forex market from overnight: The SNB is trying desperately to find a tool that will help stop the appreciation of the Swiss Franc, as that appreciation is causing a loss of competitiveness for the country's exporters and with exports making up about half of Swiss GDP its becoming a very strong burden for the economy. Today' we hear comments from the SNB that the central bank would be willing to peg the CHF to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/USD Trims Gains On Italian, French Debt Concerns Posted: 11 Aug 2011 04:25 AM PDT Forexpros – The euro pared gains against the U.S. dollar on Thursday, easing off the daily high amid escalating fears over the euro zone’s ongoing sovereign debt crisis and as worries grew over the health of the region’s banking sector.<br /><br />EUR/USD retreated from 1.4274, the dally high, to hit 1.4192 during European afternoon trade, still up 0.09% on the day. <br /><br />The pair was likely to find support at 1.4054, the low of August 5 and a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| European Stocks Rally Short-lived As French Banks Turn Lower Posted: 11 Aug 2011 04:04 AM PDT Forexpros – European stock markets were mixed on Thursday, paring earlier gains as shares in French lenders extended losses from the previous day, amid growing concerns that the euro zone’s sovereign debt crisis could spread to the region’s banking sector. <br /> <br />During European afternoon trade, the EURO STOXX 50 fell 0.5%, France’s CAC 40 shed 0.25%, while Germany’s DAX 30 rose 0.7%. <br /><br />European equities … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| EUR/USD Maintains Bearish Bias Ahead Of US Session; 1.4055 In Sight Posted: 11 Aug 2011 04:03 AM PDT Prev: EUR/USD Holds below 1.44 and Forms a Double Top (8/10) 200SMA
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| Forex – USD/CHF Surges As SNB Considering Further Measures Posted: 11 Aug 2011 03:48 AM PDT Forexpros – The U.S. dollar was up sharply against the Swiss franc on Thursday, after comments from Swiss National Bank Vice President Thomas Jordan fuelled speculation the central bank would introduce further measures to weaken the currency. <br /><br />USD/CHF hit 0.7401 during European morning trade, the highest since August 9; the pair subsequently consolidated at 0.7394, surging 1.76%.<br /><br />The pair was likely to find support at 0.7066, the low of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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