Thursday, September 29, 2011

DailyMarkets.com - Forex – EUR/CHF Up During The European Session

DailyMarkets.com - Forex – EUR/CHF Up During The European Session

Forex – EUR/CHF Up During The European Session

Posted: 29 Sep 2011 04:15 AM PDT

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

Forex – EUR/GBP Up On Economic Data

Posted: 29 Sep 2011 03:30 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 0.8715, up 0.22% 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

Forex – EUR/USD Up During The European Session

Posted: 29 Sep 2011 02:35 AM PDT

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

EUR/USD was trading at 1.3628, up 0.64% 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 The number of people unemployed in Germany fell more-than-expected to a seasonally adjusted -26K last month from -9K in the preceding month … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/JPY Up During The European Session

Posted: 29 Sep 2011 01:45 AM PDT

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

EUR/JPY was trading at 104.40, up 0.62% at time of writing.

The pair was likely to find support at 101.94, Monday's low, and resistance at 104.96, Tuesday'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 -8K in the preceding … [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 01:10 AM PDT

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

EUR/USD was trading at 1.3664, up 0.90% 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 The number of people unemployed in Germany fell more-than-expected to a seasonally adjusted -26K last month from -8K in the preceding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

German Unemployment Change Falls More-than-expected

Posted: 29 Sep 2011 01:05 AM PDT

Forexpros – The number of people unemployed in Germany fell more-than-expected last month, official data showed on Thursday.

In a report, Destatis said that German unemployment change fell to a seasonally adjusted -26K, from -8K in the preceding month.

Analysts had expected German unemployment change to fall -9K last … [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 12:55 AM PDT

Forexpros – The Euro was higher against the U.S. Dollar on Thursday.

EUR/USD was trading at 1.3662, up 0.89% 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.

Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.30% to hit 0.8722 and EUR/JPY rising 0.66% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Up During The European Session

Posted: 29 Sep 2011 12:15 AM PDT

Forexpros – The British Pound was higher against the U.S. Dollar on Thursday.

GBP/USD was trading at 1.5634, up 0.38% at time of writing.

The pair was likely to find support at 1.5432, Monday's low, and resistance at 1.5705, Tuesday's high.

Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.16% to hit 0.8710 and GBP/JPY rising 0.28% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Asian Markets Mixed At Close; Nikkei Up 0.99%

Posted: 29 Sep 2011 12:10 AM PDT

Forexpros – Asian stocks were mixed after the closing bell on Thursday.

At the close of Asian trade, Japan's Nikkei 225 index rose 0.99%, Australia's S&P/ASX 200 index shed 0.77%, while Hong Kong's Hang Seng Index was trading 0.66% down.

Earlier in the day, official data showed that Japanese retail sales fell more-than-expected to a seasonally adjusted annual rate of -2.6% last month from 0.6% in the preceding month whose figure was revised down from 0.7%.

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

Growth & Income Stock: Cintas Corporation

Posted: 28 Sep 2011 11:05 PM PDT

 
CINTAS CORP (CTAS): Free Stock Analysis … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Momentum Stock: VF Corporation

Posted: 28 Sep 2011 11:05 PM PDT

 
V F CORP (VFC): Free Stock Analysis … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bull Of The Day: Cardinal Health, Inc. (CAH)

Posted: 28 Sep 2011 11:05 PM PDT

We upgrade our rating on Cardinal Health, Inc. (NYSE:CAH) to Outperform. Earnings for the fourth quarter narrowly beat the Zacks Consensus Estimate. Cardinal’s size and diversity partly insulate it from economic cycles. Its generics business continues to grow at a healthy pace.
Moreover, Cardinal’s Pharmaceutical and Medical segments have revamped operations. The company continues to nurture its specialty platforms and engage in periodic tuck-in acquisitions. Although client and supplier … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aggressive Growth Stock: LSB Industries, Inc

Posted: 28 Sep 2011 11:05 PM PDT

 
LSB INDS INC (LXU): Free Stock Analysis … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up During The Asian Session

Posted: 28 Sep 2011 10:55 PM PDT

Forexpros – The Euro was higher against the U.S. Dollar on Thursday.

EUR/USD was trading at 1.3615, up 0.54% 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.

Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.13% to hit 0.8707 and EUR/JPY rising 0.42% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Up In Asian Trade

Posted: 28 Sep 2011 10:25 PM PDT

Forexpros – The British Pound was higher against the U.S. Dollar on Thursday.

GBP/USD was trading at 1.5642, up 0.43% at time of writing.

The pair was likely to find support at 1.5432, Monday's low, and resistance at 1.5705, Tuesday's high.

Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.16% to hit 0.8710 and GBP/JPY rising 0.30% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Kleptocracy Of San Francisco

Posted: 28 Sep 2011 08:38 PM PDT

In San Francisco, Parking Tickets Are the New Taxation
With some the highest fines in the country for parking ($68) and traffic violations ($436 for running a red light),  “Many San Francisco residents now feel that the city government has become a kind of Kleptocracy, a government run by thieves. That is, those in power tax residents through the form of heavy fines for much-needed cash, even as basic services are under threat.” 
HT: Pete … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Dollar Lower In Mid-day Asian Trade

Posted: 28 Sep 2011 08:10 PM PDT

Forexpros –
Forexpros – The U.S. dollar moved lower against its major counterparts in Asian trade Thursday, dragged down by a poor performance on Wall Street, which encouraged investors to cash in greenback holdings to cover losses.

In mid-day Asian trade, the greenback was lower against the euro, with EUR/USD rising 0.05% to hit 1.3550.

Earlier Wednesday, Federal Reserve Chairman Ben Barnanke said that the ailing U.S. labor market was a "national crisis that required attention from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EUR/GBP Up On Economic Data

Posted: 28 Sep 2011 04:32 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 0.8715, up 0.22% 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/USD Up During The European Session

Posted: 28 Sep 2011 04:02 PM PDT

By ForexMansion.com
Forexpros – The Euro was higher against the U.S. Dollar on Thursday after the release of euro zone data on German Unemployment Change.
EUR/USD was trading at 1.3628, up 0.64% 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 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/JPY Up During The European Session

Posted: 28 Sep 2011 03:02 PM PDT

By ForexMansion.com
Forexpros – The Euro was higher against the Japanese Yen on Thursday after the release of euro zone data on German Unemployment Change.
EUR/JPY was trading at 104.40, up 0.62% at time of writing.
The pair was likely to find support at 101.94, Monday's low, and resistance at 104.96, Tuesday'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 -8K in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

German Unemployment Change Falls More-than-expected

Posted: 28 Sep 2011 02:32 PM PDT

By ForexMansion.com
Forexpros – The number of people unemployed in Germany fell more-than-expected last month, official data showed on Thursday.
In a report, Destatis said that German unemployment change fell to a seasonally adjusted -26K, from -8K in the preceding month.
Analysts had expected German unemployment change to fall -9K last month.
Forexpros

About ForexMansion.com:

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

EUR/USD Up On Economic Data

Posted: 28 Sep 2011 02:32 PM PDT

By ForexMansion.com
Forexpros – The Euro was higher against the U.S. Dollar on Thursday after the release of euro zone data on German Unemployment Change.
EUR/USD was trading at 1.3664, up 0.90% 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 The number of people unemployed in Germany fell more-than-expected to a seasonally adjusted -26K last month from -8K in the … [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 02:02 PM PDT

By ForexMansion.com
Forexpros – The Euro was higher against the U.S. Dollar on Thursday.
EUR/USD was trading at 1.3662, up 0.89% 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.
Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.30% to hit 0.8722 and EUR/JPY rising 0.66% to hit 104.45.
Forexpros

About ForexMansion.com:

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

Asian Markets Mixed At Close; Nikkei Up 0.99%

Posted: 28 Sep 2011 01:33 PM PDT

By ForexMansion.com
Forexpros – Asian stocks were mixed after the closing bell on Thursday.
At the close of Asian trade, Japan's Nikkei 225 index rose 0.99%, Australia's S&P/ASX 200 index shed 0.77%, while Hong Kong's Hang Seng Index was trading 0.66% down.
Earlier in the day, official data showed that Japanese retail sales fell more-than-expected to a seasonally adjusted annual rate of -2.6% last month from 0.6% in the preceding month whose figure was revised down from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

GBP/USD Up During The European Session

Posted: 28 Sep 2011 01:33 PM PDT

By ForexMansion.com
Forexpros – The British Pound was higher against the U.S. Dollar on Thursday.
GBP/USD was trading at 1.5634, up 0.38% at time of writing.
The pair was likely to find support at 1.5432, Monday's low, and resistance at 1.5705, Tuesday's high.
Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.16% to hit 0.8710 and GBP/JPY rising 0.28% to hit 119.65.
Forexpros

About ForexMansion.com:

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

EUR/USD Up During The Asian Session

Posted: 28 Sep 2011 12:02 PM PDT

By ForexMansion.com
Forexpros – The Euro was higher against the U.S. Dollar on Thursday.
EUR/USD was trading at 1.3615, up 0.54% 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.
Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.13% to hit 0.8707 and EUR/JPY rising 0.42% to hit 104.19.
Forexpros

About ForexMansion.com:

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

GBP/USD Up In Asian Trade

Posted: 28 Sep 2011 11:32 AM PDT

By ForexMansion.com
Forexpros – The British Pound was higher against the U.S. Dollar on Thursday.
GBP/USD was trading at 1.5642, up 0.43% at time of writing.
The pair was likely to find support at 1.5432, Monday's low, and resistance at 1.5705, Tuesday's high.
Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.16% to hit 0.8710 and GBP/JPY rising 0.30% to hit 119.68.
Forexpros

About ForexMansion.com:

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

Forex – Dollar Lower In Mid-day Asian Trade

Posted: 28 Sep 2011 09:32 AM PDT

By ForexMansion.com
Forexpros –
Forexpros – The U.S. dollar moved lower against its major counterparts in Asian trade Thursday, dragged down by a poor performance on Wall Street, which encouraged investors to cash in greenback holdings to cover losses.
In mid-day Asian trade, the greenback was lower against the euro, with EUR/USD rising 0.05% to hit 1.3550.
Earlier Wednesday, Federal Reserve Chairman Ben Barnanke said that the ailing U.S. labor market was a "national crisis that required … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

USD/JPY Loses Ground In Mid-day Asian Trade

Posted: 28 Sep 2011 08:32 AM PDT

By ForexMansion.com
Forexpros –
Forexpros – The U.S. dollar moved lower against the Japanese yen in Asian trade Thursday, following a losing session on Wall Street and a downbeat assessment of the U.S. labor market from the Federal Reserve Bank chairman.
In mid-day Asian trade USD/JPY hit 76.42, the pair's lowest since Wednesday; the pair subsequently consolidated at 76.53, dropping 0.11%.
The pair was likely to find support at 75.97, the low of August 19, and resistance at 77.86 the high … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BNN Interview Today At 4pm EST

Posted: 28 Sep 2011 12:10 AM PDT

For my Canadian readers, you can catch me today (Sep 28) on BNN at about 4pm EST today. I will be speaking about Europe.

Here is the link to the video. Come see the violence inherent in the system!

Cam Hui is a portfolio manager at Qwest Investment Fund Management Ltd. (“Qwest”). This article is prepared by Mr. Hui as an outside business activity. As such, Qwest does not review or approve materials presented herein. The opinions and any recommendations expressed in this blog are those … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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