Thursday, September 29, 2011

DailyMarkets.com - AAR Awarded KAI Contract

DailyMarkets.com - AAR Awarded KAI Contract

AAR Awarded KAI Contract

Posted: 29 Sep 2011 08:35 AM PDT

AAR Corp. (NYSE:AIR) has recently been awarded a contract to supply Unison parts and support to Kansas Aviation of Independence LLC (KAI). The latter is an FAA, EASA, AS9110:2003 and ISO 9001:2008 certified repair station serving a global market.
The transaction will be handled by AAR Distribution, the exclusive global aftermarket distributor for Unison products and a part of AAR’s Allen Asset Management division. The deal will last for one year and is expected to generate roughly $1 million … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Halliburton: Worth A Look

Posted: 29 Sep 2011 08:35 AM PDT

Despite the recent downswing in the stock price of Halliburton Co. (HAL), we remain optimistic about the firm's near-term prospects. The second-largest member of the oilfield services contingent behind Schlumberger Ltd. (SLB) has seen its share price fall approximately 35% since the beginning of July, as oil prices declined to around $80 per barrel. However, considering Halliburton's attractive fundamentals and positive outlook, we believe it is well positioned going forward.
We like … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Up On U.S. Data

Posted: 29 Sep 2011 08:20 AM PDT

Forexpros – The U.S. Dollar was higher against the Japanese Yen on Thursday after the release of U.S. data on Pending Home Sales.

USD/JPY was trading at 76.83, up 0.28% at time of writing.

The pair was likely to find support at 76.23, Monday's low, and resistance at 77.03, today's high.

Earlier in the day, industry data showed that Pending home sales in the U.S. rose unexpectedly to a seasonally adjusted -1.2% last month from -1.3% in the preceding month.

Analysts had expected Pending … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: EURUSD Back Below 1.3650 But Can You Trust It?

Posted: 29 Sep 2011 08:19 AM PDT

The market is choppy today in the NY session. Twice the price has extended above the earlier NY high at the 1.3650 level , and each time the move higher has failed.   Intraday traders may look at this as a clue that momentum is fading and a move toward the NY low of 1.3604 may materialize.  Looking at the clues from the 5 minute chart below, a move below trendline support at the 1.3626 level is needed to help confirm the the downside.  A move above the 1.3650 level, and I … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wall Street Rallies On Germany’s EFSF Vote, US Data

Posted: 29 Sep 2011 08:10 AM PDT

09/29/11 US stocks pulled back from the rally at the open. Germany voted to pass changes to the EFSF, while US Q2 GDP grew 1.3%. Weekly jobless claims fell below … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Activision Releases New X-Men Game

Posted: 29 Sep 2011 08:05 AM PDT

Activision Blizzard Inc. (ATVI) recently announced the release of X-Men Destiny at retail stores. The title is available on Microsoft Corp.'s (MSFT) Xbox 360, Sony Corp.'s (SNE) PlayStation 3 and Nintendo's Wii and DS gaming systems. X-Men Destiny's console version has been developed by Silicon Knights while Other Ocean studio has developed the DS version.
Based on characters created by Marvel Entertainment, LLC, a division of The Walt Disney Company (DIS), the new role-playing action … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Up On U.S. Data

Posted: 29 Sep 2011 08:00 AM PDT

Forexpros – The British Pound was higher against the U.S. Dollar on Thursday after the release of U.S. data on Pending Home Sales.

GBP/USD was trading at 1.5680, up 0.67% at time of writing.

The pair was likely to find support at 1.5432, Monday's low, and resistance at 1.5716, today's high.

Earlier in the day, industry data showed that Pending home sales in the U.S. rose unexpectedly to a seasonally adjusted -1.2% last month from -1.3% in the preceding month.

Analysts had expected … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USDSGD Tests Intraday Resistance At 1.2929 Area

Posted: 29 Sep 2011 07:54 AM PDT

The USDSGD is testing intraday resistance at the 1.2929 level. The level corresponds to the 100 bar MA , trendline resistance and was the 38.2% of the move up from yesterdays low. The move out of the US Dollar today has helped strengthen the SGD today.  However, the longer term chart shows the move out of the risk over the month of September as the pair surged higher.
Looking at the chart, the surge higher has retraced toward the 50% of the move down from the February 2010 high (at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Viacom Set To Combine Movie Business

Posted: 29 Sep 2011 07:50 AM PDT

Viacom Inc's(VIA.B) film division Paramount Picture is set to integrate its DVD and Blu-ray disc sales unit along with its digital video licensing division to create a brand new division called the Home Media Distribution. Such a move on the company's part was mainly on the back of reduced DVD sales increased video streaming services from cheaper online video distribution companies.
Apart from streamlining its film division assets, Paramount will also shift its staff from London to the Los … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Jabil Beats On Lower Costs

Posted: 29 Sep 2011 07:35 AM PDT

Jabil Circuit Inc. (JBL) reported fourth quarter 2011 earnings of 54 cents per share, beating the Zacks Consensus Estimate by a nickel.
Earnings per share (EPS) increased 81.9% year over year from 30 cents (including stock-based compensation but excluding amortization) reported in the year-ago quarter. The strong results were primarily driven by solid top-line growth and operating margin expansion in the quarter.
Operating Performance
Gross profit was $329.2 million, up 14.5% year over year and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Oracle Unveils New Server Line

Posted: 29 Sep 2011 07:35 AM PDT

Oracle Corp. (ORCL) recently unveiled a new suite of pre-assembled machines and software, namely SPARC SuperCluster T4-4. SPARC SuperCluster T4-4 includes servers as well as storage and other technologies.
The SPARC SuperCluster T4-4 integrates SPARC T4 servers (which run on the new SPARC T4 processor) with Oracle Solaris 11, Exadata storage, and the middleware offering of Exalogic Elastic Cloud. The new server line supports up to four compute nodes and four terabytes of memory in a single … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Mortgage Rates Fall Again To New Record Lows

Posted: 29 Sep 2011 07:27 AM PDT

According to data released today by Freddie Mac, 30-year fixed mortgage rates fell this week to another new historic low of 4.01% (see chart above), and 15-year rates fell to a new record low of 3.28%.  Based on the most recent one-year increase in the CPI of 3.8% through August, 15-year mortgage rates are below the current annual inflation rate and 30-year rates are just barely above current inflation. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: EURUSD Back Testing NY Days Highs At 1.3650

Posted: 29 Sep 2011 07:15 AM PDT

The EURUSD is back up testing (and now moving through) the NY high for the day at the 1.3650. The high for the trading day is at the 1.36777 lvel and this is the next target for the pair.  Traders willl like to see the momentum continue higher for the pair but expect profit taking against the 1.3677 at least on the first test.  This level corresponds with the underside of the trendline up from the lows this week. Earlier today the price failed on a break above that broken … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up On U.S. Data

Posted: 29 Sep 2011 07:15 AM PDT

Forexpros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Pending Home Sales.

EUR/USD was trading at 1.3658, up 0.86% at time of writing.

The pair was likely to find support at 1.3364, Monday's low, and resistance at 1.3690, Wednesday's high.

Earlier in the day, industry data showed that Pending home sales in the U.S. rose unexpectedly to a seasonally adjusted -1.2% last month from -1.3% in the preceding month.

Analysts had expected Pending … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up During The European Session

Posted: 29 Sep 2011 07:10 AM PDT

Forexpros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.

EUR/USD was trading at 1.3631, up 0.65% at time of writing.

The pair was likely to find support at 1.3364, Monday's low, and resistance at 1.3690, Wednesday's high.

Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 391K last week from 428K in the preceding week whose figure was revised up … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Pending Home Sales Rise Unexpectedly

Posted: 29 Sep 2011 07:10 AM PDT

Forexpros – Pending home sales in the U.S. rose unexpectedly last month, industry data showed on Thursday.

In a report, National Association of Realtors said that Pending home sales rose to a seasonally adjusted -1.2%, from -1.3% in the preceding month.

Analysts had expected Pending home sales to fall to -2.1% last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Positive Jobless Claims & GDP Reports

Posted: 29 Sep 2011 07:05 AM PDT

We finally have some all-around favorable data for the market, with a positive revision for the second quarter GDP growth rate and an unusually strong Jobless Claims report. We even have something resembling positive news out of Europe, with the German parliament approving the expansion of the Euro-zone rescue fund.

We got a better-than-expected upward revision to the second quarter GDP growth rate — from 1% to 1.3%. This is the third and last look at the second quarter GDP growth rate, which … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Cellular To Debut HTC Devices

Posted: 29 Sep 2011 07:05 AM PDT

The sixth largest U.S. wireless telecom operator U.S. Cellular (NYSE:USM) will unveil three HTC devices next month.
The devices –– HTC Hero S, HTC Wildfire S and HTC Flyer –– will run on Google Inc.'s (NASDAQ:GOOG) Android operating system and cost $199.99, $79.99 and $399.99, respectively. The HTC Flyer will be available with a two-year contract and a $54.99 data plan.
The launch is in tune with the company's "Belief Project", which focuses a compelling high-value portfolio of products … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Goodrich Wins Service Contract

Posted: 29 Sep 2011 07:05 AM PDT

Goodrich Corporation (NYSE:GR) has been selected by privately-owned commercial aviation company Mesa Air Group, Inc. to provide landing gear maintenance services for its fleet of Bombardier CRJ700 and CRJ900 aircraft. The multi-year agreement will cover all scheduled repair and overhaul services including the use of Goodrich-owned rotable landing gear assets.
Goodrich is the original equipment manufacturer ("OEM") of the Bombardier CRJ700 and CRJ900 landing gear. It is also one of the largest … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Quarterly Grammar/Punctuation/Spelling Rant

Posted: 29 Sep 2011 06:57 AM PDT

From the “comment’s”…………..

1. Brilliant because of it's simplicity.

2. The US CAN SELL marketable securities to cover it’s debt……..

3. more than likely, the manufacturer is offering what it can offer and still produce a competitive price on it’s products..

4. World War 2 didn’t end The Depression – and only ended it’s lingering effects……

5. Back in 1984 or so.. the Federal Govt told it’s employees 

6. At the same time, the city is engaging in a major shakedown of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – NZD/USD Up During The European Session

Posted: 29 Sep 2011 06:50 AM PDT

Forexpros – The New Zealand Dollar was higher against the U.S. Dollar on Thursday after the release of U.S. data on GDP.

NZD/USD was trading at 0.7826, up 0.75% at time of writing.

The pair was likely to find support at 0.7638, Monday's low, and resistance at 0.7958, Tuesday's high.

Earlier in the day, official data showed that Gross domestic product in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 1.3% in the last quarter from 1.0% in the preceding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Quote Of The Day On Guy Who Built Gates’ Garage

Posted: 29 Sep 2011 06:46 AM PDT

“Focusing on infrastructure as the crucial support of entrepreneurial activity is like crediting the guy who built young Bill Gates's garage with the start of Microsoft. Yes, Gates needed a roof over his head, and garages are useful. But it was Gates who had the ambition to do more in his garage than store his car and lawn-care products. Incalculably more important than his physical surroundings were his imagination and business sense.”

~Rich Lowry at NRO responding to Elizabeth Warren’s … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

P&G Features Celeb In Oral B Promo

Posted: 29 Sep 2011 06:35 AM PDT

Procter & Gamble Company's (NYSE:PG) unit Oral B is wooing customers for its power toothbrush with a new promo, featuring celebrity comedienne and Daytime Emmy Award-winner Sherri Shepherd.
The popular talk show host is partnering with Oral B in a campaign on benefits of switching to power toothbrushes. The official website namely www.OralB.com features a video testimonial where the celebrity has revealed her "Powerful Moment of Truth", after she switched from a manual to a power … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Risk-Appetite Regains Footing Following German EFSF Approval

Posted: 29 Sep 2011 06:35 AM PDT

Fundamental Headlines
• Bernanke: Unemployment Poses 'National Crisis' – Bloomberg
• U.S. Economy Grew at a Revised 1.3% Pace – Bloomberg
• Greece Faces Auditor Verdict, Fresh Protests – Reuters
• Italy Pays Record High Rates at Debt Sale – Reuters
• German Parliament Approves Bailout Fund's Expansion – WSJ
European Session Summary
Although markets slumped late during North American trading on Wednesday, risk-seeking behavior resumed during Asian trading and continued … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USDCHF Confined By 200 Hour MA And Floor Support

Posted: 29 Sep 2011 06:34 AM PDT

The USDCHF has been between support and resistance over the last 10 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CAD Down During The European Session

Posted: 29 Sep 2011 06:25 AM PDT

Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Thursday after the release of U.S. data on GDP.

USD/CAD was trading at 1.0276, down 0.57% at time of writing.

The pair was likely to find support at 1.0144, Tuesday's low, and resistance at 1.0386, Monday's high.

Earlier in the day, official data showed that Gross domestic product in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 1.3% in the last quarter from 1.0% in the preceding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Novo Nordisk’s Levemir Gets Support

Posted: 29 Sep 2011 06:16 AM PDT

The European Committee for Medicinal Products for Human Use (CHMP) recently recommended the approval of extended use of Novo Nordisk's (NYSE:NVO) Levemir (insulin detemir) in children aged two to five years with type I diabetes.
Data from a study of Levemir demonstrated that children aged two to five years, who were treated with Levemir plus NovoLog, experienced a lower rate of all-day and nocturnal hypoglycaemia, compared to those taking human basal insulin NovoLog.
Novo Nordisk currently … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stock Market News Briefs: Apple, Amazon.com, Boise Inc, First Solar, J P Morgan Chase & Co, Leap Wireless International, McCormick & Company, Incorporated, Progress Software, Saba Software

Posted: 29 Sep 2011 06:16 AM PDT

    McCormick & Co. (NYSE:MKC) posted Q3 EPS of $0.69, ex-items, higher than the Zacks Consensus Estimate of $0.64 per share. Revenues for the quarter rose 16% year-over-year to $920.4 million, exceeding the Zacks Consensus Estimate of $870 million

    Amazon.com (NASDAQ:AMZN) closed 2.45% higher after the online company unveiled its new tablet computer, the Kindle Fire Tablet which will be significantly cheaper than Apple’s (NASDAQ:AAPL) iPad

    Cantor … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Rare Earth Mineral Prices Fall By 41% As Mining Companies And Buyers Switch To Alternatives

Posted: 29 Sep 2011 06:16 AM PDT

BLOOMBERG — “Rare-earth prices are set to extend their decline from records this year as buyers including Toyota Motor Corp. and General Electric Co. scale back using the materials in their cars and windmills.

Prices for cerium and lanthanum, the most abundant rare- earth elements, will drop by 50 percent in 12 months, Christopher Ecclestone, an analyst at Hallgarten & Co. in New York, has forecast. Neodymium and praseodymium, metals used in permanent rare-earth magnets, may fall as much … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: EURUSD Chops Around In NY Trade

Posted: 29 Sep 2011 06:13 AM PDT

The 1.3630 level is the 100 bar MA on the 45 minute chart (see chart above) and the market has been chopping around the levels since the release of the 8:30 US economic numbers. The latest move has been back below the level. The last move higher took the price above the NY high, but that failed (at 1.3650). The NY low is 1.3604 so far.    The 38.2% of the days range is at 1.3617.  The market bounced off this level, post the economic releases.   From a technical … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Pall’s Consortium Wins Contract

Posted: 29 Sep 2011 06:05 AM PDT

Pall Corporation (NYSE:PLL) in consortium with Babcock Borsig Service (BBS), the project leader, has received a contract for hydrocarbon condensate dewatering in the Middle East. The contract is valued at €19.6 million ($26.508 million). At an Abu Dhabi Gas Industries Ltd. (GASCO) gas complex in the U.A.E, BBS/Pall consortium will carry out detailed engineering, procurement, construction and commissioning activities (EPC).
The project aims at reducing the chance of downstream deterioration at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

PPG Extends Partnership With Ebtech

Posted: 29 Sep 2011 06:05 AM PDT

PPG Industries Inc's (NYSE:PPG) fiber glass business announced the extension of its partnership with Ebtech Industrial, a global supplier of modular building solutions.
As per the agreement, PPG will offer its MIL-TOUGH(R) ICB (inorganic composite binder) blast/ballistic panels, an innovative, lightweight and cost-effective alternative to steel-reinforced concrete for asset protection and blast mitigation.
With the Industrial Hardening and Protective Systems division of Ebtech Industrial … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USDCAD Moves Below 100 Hour MA

Posted: 29 Sep 2011 05:58 AM PDT

The USDCAD has moved back to and below the 100 hour MA at the 1.0272 level. The Industrial Product prices rose by more than expected today coming in at +0.5% vs -0.5% expected.  This may be influencing sentiment.  The 1.0203 level is the next close target to give bears confidence to the downside.  Yesterday there were 3 lows at the level.  Below that, the 1.0156 level is where the 38.2% and the 200 hour MA are found. 
The USDCAD has been in a non … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up On Economic Data

Posted: 29 Sep 2011 05:45 AM PDT

Forexpros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.

EUR/USD was trading at 1.3635, up 0.68% at time of writing.

The pair was likely to find support at 1.3364, Monday's low, and resistance at 1.3690, Wednesday's high.

Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 391K last week from 428K in the preceding week whose figure was revised up … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. GDP Rises More-than-expected

Posted: 29 Sep 2011 05:40 AM PDT

Forexpros – Gross domestic product in the U.S. rose more-than-expected in the last quarter, official data showed on Thursday.

In a report, the Bureau of Economic Analysis said that GDP rose to a seasonally adjusted annual rate of 1.3%, from 1.0% in the preceding quarter.

Analysts had expected U.S. gross domestic product to rise 1.2% in the last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Initial Jobless Claims Fall More-than-expected

Posted: 29 Sep 2011 05:40 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.

In a report, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits last week fell to a seasonally adjusted 391K, from 428K in the preceding week whose figure was revised up from 423K.

Analysts had expected initial jobless claims to fall to 420K last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wells Fargo Acquires Stetson-Beemer

Posted: 29 Sep 2011 05:35 AM PDT

Wells Fargo Insurance unit is on acquisition spree. On Wednesday, Wells Fargo Insurance Services, a division of  Wells Fargo & Company (NYSE:WFC),announced the completion of the acquisition of Nevada-based ISU Stetson-Beemer Insurance in early September. The financial terms of the deal were not disclosed.
Established in 1923, Stetson-Beemer is a commercial property and casualty and employee benefits insurance brokerage and consulting firm. The company provides employee benefits, property … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Monsanto Acquires Beeologics

Posted: 29 Sep 2011 05:35 AM PDT

Monsanto Company (NYSE:MON) announced the acquisition of Beeologics, the researcher and developer of pest and disease control biological tools and a renowned bee health restorer. The terms of the deal were not disclosed. 
The Beeologics expertise, its continuing discovery and development pipeline, is expected to enable Monsanto to further explore the use of biological tools in agriculture while supporting the sustainability of agricultural systems as well. Currently, the company has been … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Markets In Everything: Giant Rick Perry Chia Head

Posted: 29 Sep 2011 05:21 AM PDT

For sale on Ebay for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/GBP Up During The European Session

Posted: 29 Sep 2011 05:00 AM PDT

Forexpros – The Euro was higher against the British Pound on Thursday after the release of euro zone data on German Unemployment Change.

EUR/GBP was trading at 0.8700, up 0.05% at time of writing.

The pair was likely to find support at 0.8652, Monday's low, and resistance at 0.8747, Monday's high.

Earlier in the day, official data showed that The number of people unemployed in Germany fell more-than-expected to a seasonally adjusted -26K last month from -9K in the preceding month whose … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

GBP/USD Up On U.S. Data

Posted: 28 Sep 2011 09:02 PM PDT

By ForexMansion.com
Forexpros – The British Pound was higher against the U.S. Dollar on Thursday after the release of U.S. data on Pending Home Sales.
GBP/USD was trading at 1.5680, up 0.67% at time of writing.
The pair was likely to find support at 1.5432, Monday's low, and resistance at 1.5716, today's high.
Earlier in the day, industry data showed that Pending home sales in the U.S. rose unexpectedly to a seasonally adjusted -1.2% last month from -1.3% in the preceding month.
Analysts … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Pending Home Sales Rise Unexpectedly

Posted: 28 Sep 2011 08:34 PM PDT

By ForexMansion.com
Forexpros – Pending home sales in the U.S. rose unexpectedly last month, industry data showed on Thursday.
In a report, National Association of Realtors said that Pending home sales rose to a seasonally adjusted -1.2%, from -1.3% in the preceding month.
Analysts had expected Pending home sales to fall to -2.1% last month.
Forexpros

About ForexMansion.com:

The Finance Mansion Network operates a global financial network of websites including
ForexMansion.com – All about … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EUR/USD Up On U.S. Data

Posted: 28 Sep 2011 08:34 PM PDT

By ForexMansion.com
Forexpros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Pending Home Sales.
EUR/USD was trading at 1.3658, up 0.86% at time of writing.
The pair was likely to find support at 1.3364, Monday's low, and resistance at 1.3690, Wednesday's high.
Earlier in the day, industry data showed that Pending home sales in the U.S. rose unexpectedly to a seasonally adjusted -1.2% last month from -1.3% in the preceding month.
Analysts had … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EUR/USD Up During The European Session

Posted: 28 Sep 2011 08:34 PM PDT

By ForexMansion.com
Forexpros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.
EUR/USD was trading at 1.3631, up 0.65% at time of writing.
The pair was likely to find support at 1.3364, Monday's low, and resistance at 1.3690, Wednesday's high.
Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 391K last week from 428K in the preceding week whose figure … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

NZD/USD Up During The European Session

Posted: 28 Sep 2011 08:03 PM PDT

By ForexMansion.com
Forexpros – The New Zealand Dollar was higher against the U.S. Dollar on Thursday after the release of U.S. data on GDP.
NZD/USD was trading at 0.7826, up 0.75% at time of writing.
The pair was likely to find support at 0.7638, Monday's low, and resistance at 0.7958, Tuesday's high.
Earlier in the day, official data showed that Gross domestic product in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 1.3% in the last quarter from 1.0% in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

USD/CAD Down During The European Session

Posted: 28 Sep 2011 07:32 PM PDT

By ForexMansion.com
Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Thursday after the release of U.S. data on GDP.
USD/CAD was trading at 1.0276, down 0.57% at time of writing.
The pair was likely to find support at 1.0144, Tuesday's low, and resistance at 1.0386, Monday's high.
Earlier in the day, official data showed that Gross domestic product in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 1.3% in the last quarter from 1.0% in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. GDP Rises More-than-expected

Posted: 28 Sep 2011 07:03 PM PDT

By ForexMansion.com
Forexpros – Gross domestic product in the U.S. rose more-than-expected in the last quarter, official data showed on Thursday.
In a report, the Bureau of Economic Analysis said that GDP rose to a seasonally adjusted annual rate of 1.3%, from 1.0% in the preceding quarter.
Analysts had expected U.S. gross domestic product to rise 1.2% in the last quarter.
Forexpros

About ForexMansion.com:

The Finance Mansion Network operates a global financial network of websites … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EUR/USD Up On Economic Data

Posted: 28 Sep 2011 07:03 PM PDT

By ForexMansion.com
Forexpros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.
EUR/USD was trading at 1.3635, up 0.68% at time of writing.
The pair was likely to find support at 1.3364, Monday's low, and resistance at 1.3690, Wednesday's high.
Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 391K last week from 428K in the preceding week whose figure … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Initial Jobless Claims Fall More-than-expected

Posted: 28 Sep 2011 07:03 PM PDT

By ForexMansion.com
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.
In a report, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits last week fell to a seasonally adjusted 391K, from 428K in the preceding week whose figure was revised up from 423K.
Analysts had expected initial jobless claims to fall to 420K last week.
Forexpros

About … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EUR/GBP Up During The European Session

Posted: 28 Sep 2011 06:02 PM PDT

By ForexMansion.com
Forexpros – The Euro was higher against the British Pound on Thursday after the release of euro zone data on German Unemployment Change.
EUR/GBP was trading at 0.8700, up 0.05% at time of writing.
The pair was likely to find support at 0.8652, Monday's low, and resistance at 0.8747, Monday's high.
Earlier in the day, official data showed that The number of people unemployed in Germany fell more-than-expected to a seasonally adjusted -26K last month from -9K in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EUR/CHF Up During The European Session

Posted: 28 Sep 2011 05:32 PM PDT

By ForexMansion.com
Forexpros – The Euro was higher against the Swiss Franc on Thursday after the release of euro zone data on German Unemployment Change.
EUR/CHF was trading at 1.2200, up 0.07% at time of writing.
The pair was likely to find support at 1.2153, Monday's low, and resistance at 1.2252, Monday's high.
Earlier in the day, official data showed that The number of people unemployed in Germany fell more-than-expected to a seasonally adjusted -26K last month from -9K in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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