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- Wheat Futures Climb To 10-week High On U.S. Crop Fears
- European Stocks Broadly Higher; DAX Gains 0.75%
- Forex – Dollar Up Vs. Yen, Swissie As Possible Intervention Eyed
- Forex – Pound Edges Higher Against Dollar But Gains Limited
- Crude Edges Higher, Brent Drops 2.5% As Markets Eye Libya
- Forex Trading: Euro Firmer In Recent Trade
- Forex – Yen Lower Against Dollar Amid Intervention Concerns
- Gold Rallies To Record High Of USD1,895 On Global Concerns
- Forex – NZD/USD Pares Gains As Risk Aversion Sharpens
- Forex – AUD/USD Erase Gains As Global Growth Fears Weigh
- Asia Stocks Drop; Nikkei Falls 1.05% As Strong Yen Weighs
- Forex – EUR/USD Slips As Markets Wary Of Intervention
- Bull Of The Day: Toyota Motor Corp. (TM)
- Bear Of The Day: PMI Group, Inc. (PMI)
- Growth & Income Stock: Penn Virginia Resource Partners, L.P.
- Aggressive Growth Stock: Akorn, Inc
- Momentum Stock: Questcor Pharmaceuticals, Inc.
- Forex – EUR/USD Down During The Asian Session
- Forex – GBP/USD Up In Asian Trade
- Forex – EUR/CHF Down In Asian Trading Hours
- Forex – USD/CHF Up During The Asian Session
- Cadillac Ciel Concept Hybrid Car Unveiled
- Forex – EUR/GBP Down In Asian Trade
- Forex – USD/JPY Up In Asian Trading Hours
- More On The Failure To Pass The FTAs
- Forex – USD/CAD Down During The Asian Session
- GBP/USD Anchors Out Of Rising Channel; Hammering At 1.6450-1.6460 Support
- Forex – AUD/USD Up In Asian Trade
- Silver Timing Update
- Forex – GBP/CHF Up In Asian Trading Hours
- Forex – EUR/USD Down During The Asian Session
- College Professors: Get Out While You Can
- Skating On Thin Ice – Gold
- Forex – USD/JPY Up In Asian Trading Hours
- Kids Arrested In DC On Lemonade Freedom Day
- Forex – EUR/JPY Up In Asian Trade
- The Bernanke Take
| Wheat Futures Climb To 10-week High On U.S. Crop Fears Posted: 22 Aug 2011 03:05 AM PDT Forexpros – Wheat futures were up for a second day on Monday, climbing to a ten-week high as adverse weather in key U.S. wheat growing regions added to worries over deteriorating crop conditions in the U.S.<br /><br />Chicago Mercantile Exchange, wheat futures for September delivery traded at USD7.3925 a bushel during European morning trade, jumping 1.05%. <br /><br />It earlier rose as much as 1.3% to trade at USD7.4138 a bushel, the highest price since June 14.<br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| European Stocks Broadly Higher; DAX Gains 0.75% Posted: 22 Aug 2011 02:23 AM PDT Forexpros – European stock markets were higher on Monday, erasing earlier losses as shares in the financial and energy sectors led gains, while U.S. future indices pointed to a broadly higher open on Wall Street.<br /><br />During European morning trade, the EURO STOXX 50 jumped 1.3% France’s CAC 40 rallied 1.6%, while Germany’s DAX 30 advanced 0.75%<br /><br />Shares in the beaten-up financial sector found support amid speculation the European … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – Dollar Up Vs. Yen, Swissie As Possible Intervention Eyed Posted: 22 Aug 2011 01:51 AM PDT Forexpros – The U.S. dollar was higher against the yen on Monday, amid growing speculation that Japanese authorities would conduct a new currency market intervention to curb the yen’s gains.<br /><br />During European morning trade, the greenback was higher against the yen, with USD/JPY gaining 0.20% to hit 76.69.<br /><br />Earlier in the day, Japan’s finance minister Yoshihiko Noda warned that the country would take decisive action against any speculative … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – Pound Edges Higher Against Dollar But Gains Limited Posted: 22 Aug 2011 01:40 AM PDT Forexpros – The pound edged higher against the U.S. dollar on Monday, but gains were limited as a combination of fears over the outlook for global growth and concerns over sovereign debt issues in the euro zone weighed on risk appetite.<br /><br />GBP/USD hit 1.6509 during early European trade, the daily high; the pair subsequently consolidated at 1.6480, inching up 0.08%.<br /><br />Cable was likely to find support at 1.6347, the low of August 17 and resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Crude Edges Higher, Brent Drops 2.5% As Markets Eye Libya Posted: 22 Aug 2011 01:38 AM PDT Forexpros – Crude oil futures edged higher on Monday, while Brent oil prices dropped sharply as Libya’s six-month civil war appeared close to an end, triggering speculation oil exports from the OPEC member would resume in the near-term.<br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in October traded at USD82.89 a barrel during European morning trade, easing up 0.18%. <br /><br />Meanwhile, on the ICE Futures … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex Trading: Euro Firmer In Recent Trade Posted: 22 Aug 2011 01:37 AM PDT With a lack of economic releases tonight we've seen a pretty calm market with euro trading on session highs as European equities currently post gains. We saw a 50 point run up in the EUR/USD on the last hourly candlestick with the pair currently testing the 23.6% retracement line on the move from Friday's low to the high of 1.44517. If the euro continues to strengthen, we look to 1.44517 as our next target; resistance found in this area could bring us back towards … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – Yen Lower Against Dollar Amid Intervention Concerns Posted: 22 Aug 2011 01:14 AM PDT Forexpros – The yen was lower against the U.S. dollar on Monday, amid speculation that Japanese authorities may conduct another intervention in the currency market, after the yen surged to a record high on Friday.<br /><br />USD/JPY hit 77.20 during late Asian trade, the pair’s highest since August 11; the pair subsequently consolidated at 76.79, gaining 0.32%.<br /><br />The pair was likely to find support at 75.94, Friday’s low and the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Gold Rallies To Record High Of USD1,895 On Global Concerns Posted: 22 Aug 2011 01:02 AM PDT Forexpros – Gold futures rallied to a fresh record high for the third consecutive day on Monday, hovering close to the psychologically important level of USD1,900 an ounce as lingering concerns over the global economic outlook boosted demand for safe haven assets. <br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for October delivery traded at USD1,886.65 a troy ounce during European morning trade, jumping 1.84%. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – NZD/USD Pares Gains As Risk Aversion Sharpens Posted: 22 Aug 2011 12:32 AM PDT Forexpros – The New Zealand dollar pared gains against its U.S. counterpart on Monday, trading close to a seven-day low as concerns over global economic growth prospects weighed on demand for higher-yielding assets.<br /><br />NZD/USD pulled back from 0.8233 during late Asian trade, a daily high; the pair subsequently consolidated at 0.8184, still up 0.04% on the day.<br /><br />The pair was likely to find support at 0.8073, the low of August 11 and resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – AUD/USD Erase Gains As Global Growth Fears Weigh Posted: 22 Aug 2011 12:10 AM PDT Forexpros – The Australian dollar erased gains against its U.S. counterpart on Monday, as mounting concerns over the global economic outlook weighed on demand for growth-linked currencies.<br /><br />AUD/USD pulled back from 1.0440 during late Asian trade, a daily high; the pair subsequently consolidated at 1.0395, down 0.08% on the day. <br /><br />The pair was likely to find short-term support at 1.0314, Friday’s low and resistance at 1.0557, the high of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Asia Stocks Drop; Nikkei Falls 1.05% As Strong Yen Weighs Posted: 21 Aug 2011 11:52 PM PDT Forexpros – Asian stock markets were broadly lower on Monday, amid ongoing concerns over prospects for global economic growth, while the Nikkei fell to a five-month low as shares in Japanese exporters came under pressure from a strong yen.<br /><br />During late Asian trade, Hong Kong’s Hang Seng Index sank 1.6%, Australia’s ASX/200 Index fell 0.5%, while Japan’s Nikkei 225 Index retreated 1.05%.<br /><br />The yen rose to an all-time high against … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/USD Slips As Markets Wary Of Intervention Posted: 21 Aug 2011 11:37 PM PDT Forexpros – The euro edged lower against the U.S. dollar on Monday, with the pair looking likely to remain rangebound ahead of a speech by Federal Reserve Chairman Ben Bernanke on Friday.<br /><br />EUR/USD hit 1.4351 during late Asian trade, the daily low; the pair subsequently consolidated at 1.4354, slipping 0.26%.<br /><br />The pair was likely to find support at 1.4258, Friday’s low and a four-day low and resistance at 1.4452, Friday’s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Bull Of The Day: Toyota Motor Corp. (TM) Posted: 21 Aug 2011 11:05 PM PDT Toyota Motor Corporation (NYSE:TM) is the leading automaker in the world in terms of sales and production. The automaker has long played a pivotal role in the global market for fuel-efficient and environment-friendly vehicles, influencing other automakers to foray into the same market promoted by the governments of many countries.
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| Bear Of The Day: PMI Group, Inc. (PMI) Posted: 21 Aug 2011 11:05 PM PDT PMI Group Inc.’s (NYSE:PMI) second-quarter operating loss was worse than the Zacks Consensus Estimate and widened year over year as the company continued to suffer mortgage losses. We expect losses and loss adjustment expenses from mortgage insurance operations, increased valuation allowances, lower premiums earned and shrunken investment income will continue to pressure PMI’s earnings.
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| Growth & Income Stock: Penn Virginia Resource Partners, L.P. Posted: 21 Aug 2011 11:05 PM PDT Investors looking for stable income amid the recent market turbulence should consider Penn Virginia Resource Partners, L.P. (NYSE:PVR).
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| Aggressive Growth Stock: Akorn, Inc Posted: 21 Aug 2011 11:05 PM PDT Akorn, Inc. (NASDAQ:AKRX) keeps pleasing its investors. This time with more acquisitions and raising its guidance.
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| Momentum Stock: Questcor Pharmaceuticals, Inc. Posted: 21 Aug 2011 11:05 PM PDT Questcor Pharmaceuticals, Inc. (NASDAQ:QCOR) has almost doubled in 2011, recently hitting a new multi-year high after reporting strong Q2 results that included a 17% earnings surprises. With a bullish growth projection and attractive valuation, this Zacks #1 Rank stock has plenty of momentum.
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| Forex – EUR/USD Down During The Asian Session Posted: 21 Aug 2011 10:40 PM PDT Forexpros – The Euro was lower against the U.S. Dollar on Monday.<br/><br/> EUR/USD was trading at 1.4364, down 0.20% at time of writing.<br/><br/> The pair was likely to find support at 1.4260, Friday’s low, and resistance at 1.4518, Wednesday’s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.29% to hit 0.8717 and EUR/JPY rising 0.05% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – GBP/USD Up In Asian Trade Posted: 21 Aug 2011 10:15 PM PDT Forexpros – The British Pound was higher against the U.S. Dollar on Monday.<br/><br/> GBP/USD was trading at 1.6480, up 0.08% at time of writing.<br/><br/> The pair was likely to find support at 1.6354, Wednesday’s low, and resistance at 1.6618, Friday’s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.29% to hit 0.8717 and GBP/JPY rising 0.30% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/CHF Down In Asian Trading Hours Posted: 21 Aug 2011 09:50 PM PDT Forexpros – The Euro was lower against the Swiss Franc on Monday.<br/><br/> EUR/CHF was trading at 1.1265, down 0.34% at time of writing.<br/><br/> The pair was likely to find support at 1.1222, Wednesday’s low, and resistance at 1.1555, Wednesday’s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and up against the Japanese Yen, with EUR/USD shedding 0.17% to hit 1.4369 and EUR/JPY rising 0.03% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/CHF Up During The Asian Session Posted: 21 Aug 2011 09:20 PM PDT Forexpros – The U.S. Dollar was higher against the Swiss Franc on Monday.<br/><br/> USD/CHF was trading at 0.7854, up 0.02% at time of writing.<br/><br/> The pair was likely to find support at 0.7808, Friday’s low, and resistance at 0.8017, Wednesday’s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.20% to hit 1.4364 and USD/JPY rising 0.25% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Cadillac Ciel Concept Hybrid Car Unveiled Posted: 21 Aug 2011 09:00 PM PDT 08/23/11 At the annual Concours D’Elegance event, Cadillac’s latest hybrid concept vehicle was unveiled. The vehicle is a luxury convertible that could join the ranks of the Cadillac … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/GBP Down In Asian Trade Posted: 21 Aug 2011 09:00 PM PDT Forexpros – The Euro was lower against the British Pound on Monday.<br/><br/> EUR/GBP was trading at 0.8718, down 0.27% at time of writing.<br/><br/> The pair was likely to find support at 0.8654, Friday’s low, and resistance at 0.8808, Wednesday’s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and up against the Japanese Yen, with EUR/USD shedding 0.17% to hit 1.4368 and EUR/JPY rising 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/JPY Up In Asian Trading Hours Posted: 21 Aug 2011 08:35 PM PDT Forexpros – The U.S. Dollar was higher against the Japanese Yen on Monday.<br/><br/> USD/JPY was trading at 76.80, up 0.33% at time of writing.<br/><br/> The pair was likely to find support at 75.97, Friday’s low, and resistance at 77.19, today’s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.17% to hit 1.4369 and GBP/USD rising 0.13% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| More On The Failure To Pass The FTAs Posted: 21 Aug 2011 08:10 PM PDT Thanks to its thriving mining industry, Colombia is the sixth-largest market in the world for Caterpillar, one of the many U.S. companies hoping that the long-delayed FTA with Colombia finally passes. From a July 27 article in the Washington Diplomat: “Slowly but surely, Americans have realized that delaying the FTA is destroying jobs in America,” insisted Gabriel Silva, Colombia’s ambassador to the U.S. Noting that Colombia must import 70 percent of its corn and 95 percent of its wheat due … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/CAD Down During The Asian Session Posted: 21 Aug 2011 08:10 PM PDT Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Monday.<br/><br/> USD/CAD was trading at 0.9888, down 0.10% at time of writing.<br/><br/> The pair was likely to find support at 0.9775, Wednesday’s low, and resistance at 0.9938, Thursday’s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.15% to hit 1.4371 and GBP/USD rising 0.15% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| GBP/USD Anchors Out Of Rising Channel; Hammering At 1.6450-1.6460 Support Posted: 21 Aug 2011 07:54 PM PDT Prev: GBP/USD Remains in Upwards Channel and Resumes Uptrend towards 1.6745 (8/18) After a very strong week, the GBP/USD was in correction last Thursday, but remained rallying in a rising channel on Friday, even making a new August high at 1.6618. The bullish continuation scenario targets the next pivot at 1.6745, but the week ended with a sharp rejection to the upside.
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| Forex – AUD/USD Up In Asian Trade Posted: 21 Aug 2011 07:30 PM PDT Forexpros – The Australian Dollar was higher against the U.S. Dollar on Monday.<br/><br/> AUD/USD was trading at 1.0415, up 0.11% at time of writing.<br/><br/> The pair was likely to find support at 1.0315, Friday’s low, and resistance at 1.0602, Wednesday’s high.<br/><br/> Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.27% to hit 1.3800 and AUD/JPY rising 0.47% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 21 Aug 2011 07:25 PM PDT Time for an update to silver timing with the SLV. Timing works with the most simple tools. Previous Silver Timing: Timing Silver prices with 100% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – GBP/CHF Up In Asian Trading Hours Posted: 21 Aug 2011 07:05 PM PDT Forexpros – The British Pound was higher against the Swiss Franc on Monday.<br/><br/> GBP/CHF was trading at 1.2978, up 0.36% at time of writing.<br/><br/> The pair was likely to find support at 1.2806, Wednesday’s low, and resistance at 1.3216, Wednesday’s high.<br/><br/> Meanwhile, the British Pound was up against the U.S. Dollar and the Euro, with GBP/USD gaining 0.15% to hit 1.6491 and EUR/GBP falling 0.32% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/USD Down During The Asian Session Posted: 21 Aug 2011 06:35 PM PDT Forexpros – The Euro was lower against the U.S. Dollar on Monday.<br/><br/> EUR/USD was trading at 1.4388, down 0.03% at time of writing.<br/><br/> The pair was likely to find support at 1.4260, Friday’s low, and resistance at 1.4518, Wednesday’s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.19% to hit 0.8725 and EUR/JPY rising 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| College Professors: Get Out While You Can Posted: 21 Aug 2011 06:32 PM PDT From Smith College economics professor James Miller writing in Inside Higher Ed: “Tenure won't save us from a higher education collapse. Start making alternative career contingency plans now because this collapse could be sudden and catastrophic. If you have tenure and therefore think that your college would never get rid of you, consider what would happen if most of your school's peer institutions replaced expensive tenured faculty with cheap online courses and used the savings to cut … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 21 Aug 2011 06:32 PM PDT It was on a Sunday night, if I recall correctly, that the recent Silver parabolic peaked. I awoke in the morning and was in disbelief when I looked at the real time silver futures chart and the True Strength Index (TSI) indicator readings. For better or worse, gold looks to be skating on thin ice – and on a Sunday evening, no less. I know it’s been a cat with nine lives and this could just be it’s use of life number seven, but it could also be life number nine. Here is a very recent 4 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/JPY Up In Asian Trading Hours Posted: 21 Aug 2011 06:00 PM PDT Forexpros – The U.S. Dollar was higher against the Japanese Yen on Monday.<br/><br/> USD/JPY was trading at 76.66, up 0.14% at time of writing.<br/><br/> The pair was likely to find support at 75.97, Friday’s low, and resistance at 76.97, Friday’s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.15% to hit 1.4372 and GBP/USD rising 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Kids Arrested In DC On Lemonade Freedom Day Posted: 21 Aug 2011 05:36 PM PDT D.C. police get out the handcuffs to arrest kids for selling lemonade near the U.S. Capitol. More information here. HT: Steve … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/JPY Up In Asian Trade Posted: 21 Aug 2011 05:25 PM PDT Forexpros – The Euro was higher against the Japanese Yen on Monday.<br/><br/> EUR/JPY was trading at 110.39, up 0.19% at time of writing.<br/><br/> The pair was likely to find support at 109.03, Friday’s low, and resistance at 110.97, Wednesday’s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the British Pound, with EUR/USD shedding 0.12% to hit 1.4376 and EUR/GBP falling 0.26% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 21 Aug 2011 05:24 PM PDT (Image: source.)
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