Friday, September 30, 2011

DailyMarkets.com - Forex – USD/CHF Up On Economic Data

DailyMarkets.com - Forex – USD/CHF Up On Economic Data

Forex – USD/CHF Up On Economic Data

Posted: 30 Sep 2011 02:50 AM PDT

Forexpros – The U.S. Dollar was higher against the Swiss Franc on Friday after the release of Swiss data on KOF Leading Indicators.

USD/CHF was trading at 0.9012, up 0.46% at time of writing.

The pair was likely to find support at 0.8919, Thursday's low, and resistance at 0.9144, Monday's high.

Earlier in the day, data showed that Switzerland's KOF economic barometer fell more-than-expected to a seasonally adjusted 1.21 last month from 1.61 in the preceding month.

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

Switzerland’s KOF Economic Barometer Falls More-than-expected

Posted: 30 Sep 2011 02:40 AM PDT

Forexpros – Switzerland's KOF economic barometer fell more-than-expected last month, data showed on Friday.

In a report, the KOF Economic Research Agency said that its economic barometer fell to a seasonally adjusted 1.21, from 1.61 in the preceding month.

Analysts had expected the KOF economic barometer to fall to 1.33 last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Angola Central Bank To Introduce New Benchmark Interest Rate

Posted: 30 Sep 2011 02:38 AM PDT

The Banco Naconal de Angola (BNA) has announced plans to introduce a new benchmark interest rate in October this year.  The BNA had previously formed a new monetary policy committee in August, and the committee will meet monthly to set the new rate; much in line with global practices.  The BNA also plans to introduce a Luanda Interbank Offered Rate (Luibor) according to Bloomberg.  Central bank governor, Jose de Lima Massano, said the efforts will “preserve the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Up In European Trade

Posted: 30 Sep 2011 02:20 AM PDT

Forexpros – The U.S. Dollar was higher against the Japanese Yen on Friday.

USD/JPY was trading at 76.84, up 0.01% at time of writing.

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

Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.54% to hit 1.3524 and GBP/USD falling 0.18% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Eurozone CPI

Posted: 30 Sep 2011 02:10 AM PDT

EZ CPI Flash Estimate y/y came ina t 3.0%, stronger than the 2.5% … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Down In European Trading Hours

Posted: 30 Sep 2011 01:55 AM PDT

Forexpros – The Euro was lower against the U.S. Dollar on Friday.

EUR/USD was trading at 1.3538, down 0.44% 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 down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.26% to hit 0.8678 and EUR/JPY falling 0.47% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/JPY Down During The European Session

Posted: 30 Sep 2011 01:10 AM PDT

Forexpros – The Euro was lower against the Japanese Yen on Friday after the release of euro zone data on French Consumer Spending.

EUR/JPY was trading at 103.71, down 0.75% 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 Consumer spending in France fell unexpectedly to a seasonally adjusted -0.2% last month from 0.9% in the preceding month whose figure was revised … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aussie, Euro Slide Headed Into European Session Open

Posted: 30 Sep 2011 01:08 AM PDT

Asian Session Summary
The major currencies were lower across the board by the end of the Asian session, offsetting optimism accumulated at the end of the North American session yesterday. Despite the fact that U.S. equity markets were off over 3 percent from their session high within 2-hours of the close, both the Dow Jones Industrial Average and S&P 500 were able to post positive days on Thursday. With higher volume and a sharp rally into the close, there was small hope that the rally … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/GBP Down During The European Session

Posted: 30 Sep 2011 12:35 AM PDT

Forexpros – The Euro was lower against the British Pound on Friday after the release of euro zone data on French Consumer Spending.

EUR/GBP was trading at 0.8684, down 0.18% at time of writing.

The pair was likely to find support at 0.8652, Monday's low, and resistance at 0.8740, Wednesday's high.

Earlier in the day, official data showed that Consumer spending in France fell unexpectedly to a seasonally adjusted -0.2% last month from 0.9% in the preceding month whose figure was revised … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Asian Markets Mixed At Close; Nikkei Down 0.01%

Posted: 30 Sep 2011 12:10 AM PDT

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

At the close of Asian trade, Japan's Nikkei 225 index fell 0.01%, Australia's S&P/ASX 200 index gained 0.01%, while Hong Kong's Hang Seng Index was trading 2.84% down.

Meanwhile, the outlook for U.S. equity markets was downbeat. Dow Jones Industrial Average futures indicated a loss of 0.68%, S&P 500 futures pointed to a decrease of 0.81% and Nasdaq 100 futures indicated a fall of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Down On Economic Data

Posted: 30 Sep 2011 12:00 AM PDT

Forexpros – The Euro was lower against the U.S. Dollar on Friday after the release of euro zone data on French Consumer Spending.

EUR/USD was trading at 1.3511, down 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 Consumer spending in France fell unexpectedly to a seasonally adjusted -0.2% last month from 0.9% in the preceding month whose figure was revised … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

French Consumer Spending Falls Unexpectedly

Posted: 29 Sep 2011 11:55 PM PDT

Forexpros – Consumer spending in France fell unexpectedly last month, official data showed on Friday.

In a report, INSEE said that French consumer spending fell to a seasonally adjusted -0.2%, from 0.9% in the preceding month whose figure was revised down from 1.2%.

Analysts had expected French consumer spending to rise 0.2% last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bear Of The Day: Philips Electronics NV

Posted: 29 Sep 2011 11:05 PM PDT

We are downgrading our recommendation on Koninklijke Philips Electronics (NYSE:PHG) to Underperform with a $16 target price. The company had a weak second quarter with revenues declining 3.4% primarily due to lower license revenues and a decline at the Lifestyle Entertainment segment.
Furthermore, the company posted a net loss of $1.9 billion during the recently concluded quarter due to a goodwill impairment charge of $2.0 billion. The net cash flow also declined significantly compared to the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Momentum Stock: Watson Pharmaceuticals, Inc.

Posted: 29 Sep 2011 11:05 PM PDT

 
WATSON PHARMA (WPI): Free Stock Analysis … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Growth & Income Stock: Ross Stores, Inc.

Posted: 29 Sep 2011 11:05 PM PDT

 
ROSS STORES (ROST): Free Stock Analysis … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aggressive Growth Stock: Western Refining, Inc

Posted: 29 Sep 2011 11:05 PM PDT

 
WESTERN REFING (WNR): Free Stock Analysis … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Down During The Asian Session

Posted: 29 Sep 2011 10:55 PM PDT

Forexpros – The Euro was lower against the U.S. Dollar on Friday.

EUR/USD was trading at 1.3554, down 0.32% 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 down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.15% to hit 0.8687 and EUR/JPY falling 0.67% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Down In Asian Trade

Posted: 29 Sep 2011 10:25 PM PDT

Forexpros – The British Pound was lower against the U.S. Dollar on Friday.

GBP/USD was trading at 1.5602, down 0.17% at time of writing.

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

Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.19% to hit 0.8684 and GBP/JPY falling 0.52% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Obama’s Intrade Re-election Odds Now Below 47%

Posted: 29 Sep 2011 08:41 PM PDT

Obama’s re-election odds on Intrade.com now at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Dollar Higher In Mid-day Asian Trade

Posted: 29 Sep 2011 08:12 PM PDT

Forexpros –
Forexpros – The U.S. dollar gained against its major counterparts in Asian trade Friday, following the release of encouraging U.S. labor data and a vote by German lawmakers to approve an expansion of the European bailout fund.

In mid-day Asian trade, the greenback was higher against the euro, with EUR/USD falling 0.27% to hit 1.3558.

Earlier Thursday, German lawmakers voted to approve an expansion of the European Financial Stability Facility, with only 85 of 523 legislators … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Falls In Morning Asian Trade

Posted: 29 Sep 2011 07:40 PM PDT

Forexpros –
Forexpros – The U.S. dollar moved lower against the Japanese yen in Asian trade Friday, following labor data suggesting improved labor conditions feeding an appetite for risk investment away from the greenback.

In mid-day Asian trade USD/JPY hit 76.54, the pair's lowest since Thursday; the pair subsequently consolidated at 76.56, dropping 0.35%.

The pair was likely to find support at 75.97, the low of August 19, and resistance at 77.86 the high of September 9.

The U.S. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Asian Stocks Mixed In Early Trade; Nikkei Gains 0.5%

Posted: 29 Sep 2011 07:07 PM PDT

Forexpros –
Forexpros – Asian stocks were mixed in early Friday trade, with German approval of an expansion to the European rescue fund tempered by the longer term outlook for a resolution to euro-zone debt woes.

During early Asian trade, Hong Kong's Hang Seng Index fell 0.61% to 17,914.10, Japan's Nikkei 225 Index gained 0.5% to 8,744.55, while Australia's S&P/ASX 200 sank 2.5% to 3,970.10.

Along with the Nikkei, the broader-based Topix Index of all issues listed on the first … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/JPY Down During Asian Trade

Posted: 29 Sep 2011 06:45 PM PDT

Forexpros – The Euro was lower against the Japanese Yen on Friday after the release of Japanese data on Tokyo Core CPI.

EUR/JPY was trading at 103.89, down 0.58% 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 Tokyo's core consumer price inflation rose to at annualized rate of -0.1% last month from -0.2% in the preceding month.

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

China The Last World Growth Story Is Cracking

Posted: 29 Sep 2011 06:28 PM PDT

USA is in a low growth phase, Europe in recession (ex Germany) and the last growth story on the planet China is cracking.

Points
- 6% GDP growth for China would be a recession
- China slow down will sink the Asian region (Australia, New Zealand, Japan) and their currencies
- Copper 30% sell off and other China related indicators confirming slow down.

Question: Will 2012 be the year of the perfect financial storm? China down, Europe debt crisis, USA near recession. Commodities (and USA … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold Advances In Early Asian Trade

Posted: 29 Sep 2011 06:22 PM PDT

Forexpros –
Forexpros – Gold futures traded higher in Asian trade Friday, as Germany voted to expand the European rescue fund but U.S. labor data showing signs of improvement kept precious metals in a tight trading range.

On the Comex division of the New York Mercantile Exchange, gold futures for October delivery traded at USD1,619.35 a troy ounce during early Asian trade, adding 0.10%, after hitting a low of USDS1,615.05.

On Thursday, German lawmakers voted to approve an expansion of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/cnh 1 Hr Chart Being Supported By The 200MA

Posted: 29 Sep 2011 06:12 PM PDT

The usd/cnh hourly charts is being supported my the 200 moving average. We see it providing support 5 times in this … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/JPY Down During The Asian Session

Posted: 29 Sep 2011 05:55 PM PDT

Forexpros – The British Pound was lower against the Japanese Yen on Friday after the release of Japanese data on Industrial Production.

GBP/JPY was trading at 119.70, down 0.33% at time of writing.

The pair was likely to find support at 117.78, Monday's low, and resistance at 120.84, Thursday's high.

Earlier in the day, preliminary data showed that Industrial production in Japan rose less-than-expected to a seasonally adjusted 0.8% last month from 0.4% in the preceding month.

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

Forex – AUD/USD Slips In Early Asian Trade

Posted: 29 Sep 2011 05:46 PM PDT

Forexpros –
Forexpros – The Australian dollar moved lower against the U.S. dollar in Asian trade Friday, as the greenback got a boost from gains on Wall Street and better than expected jobless claim figures.

AUD/USD hit 0.9753 in early Asian trade, the pair's highest since Thursday; the pair subsequently consolidated at 0.9764, falling 0.19%.

The pair was likely to find support at 0.9670, last Friday's low, and resistance at 1.0078, last Thursday's high.

The U.S. Department of Labor … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/sgd 1 Hourly Chart

Posted: 29 Sep 2011 05:41 PM PDT

The usd/sgd finds some resistance from this trend line on the hourly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Switzerland’s KOF Economic Barometer Falls More-than-expected

Posted: 29 Sep 2011 04:02 PM PDT

By ForexMansion.com
Forexpros – Switzerland's KOF economic barometer fell more-than-expected last month, data showed on Friday.
In a report, the KOF Economic Research Agency said that its economic barometer fell to a seasonally adjusted 1.21, from 1.61 in the preceding month.
Analysts had expected the KOF economic barometer to fall to 1.33 last month.
Forexpros

About ForexMansion.com:

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

USD/CHF Up On Economic Data

Posted: 29 Sep 2011 04:02 PM PDT

By ForexMansion.com
Forexpros – The U.S. Dollar was higher against the Swiss Franc on Friday after the release of Swiss data on KOF Leading Indicators.
USD/CHF was trading at 0.9012, up 0.46% at time of writing.
The pair was likely to find support at 0.8919, Thursday's low, and resistance at 0.9144, Monday's high.
Earlier in the day, data showed that Switzerland's KOF economic barometer fell more-than-expected to a seasonally adjusted 1.21 last month from 1.61 in the preceding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

USD/JPY Up In European Trade

Posted: 29 Sep 2011 03:32 PM PDT

By ForexMansion.com
Forexpros – The U.S. Dollar was higher against the Japanese Yen on Friday.
USD/JPY was trading at 76.84, up 0.01% at time of writing.
The pair was likely to find support at 76.23, Monday's low, and resistance at 77.03, Thursday's high.
Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.54% to hit 1.3524 and GBP/USD falling 0.18% to hit 1.5599.
Forexpros

About ForexMansion.com:

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

EUR/USD Down In European Trading Hours

Posted: 29 Sep 2011 03:01 PM PDT

By ForexMansion.com
Forexpros – The Euro was lower against the U.S. Dollar on Friday.
EUR/USD was trading at 1.3538, down 0.44% 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 down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.26% to hit 0.8678 and EUR/JPY falling 0.47% to hit 104.00.
Forexpros

About ForexMansion.com:

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

EUR/JPY Down During The European Session

Posted: 29 Sep 2011 02:32 PM PDT

By ForexMansion.com
Forexpros – The Euro was lower against the Japanese Yen on Friday after the release of euro zone data on French Consumer Spending.
EUR/JPY was trading at 103.71, down 0.75% 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 Consumer spending in France fell unexpectedly to a seasonally adjusted -0.2% last month from 0.9% in the preceding month whose … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EUR/GBP Down During The European Session

Posted: 29 Sep 2011 02:02 PM PDT

By ForexMansion.com
Forexpros – The Euro was lower against the British Pound on Friday after the release of euro zone data on French Consumer Spending.
EUR/GBP was trading at 0.8684, down 0.18% at time of writing.
The pair was likely to find support at 0.8652, Monday's low, and resistance at 0.8740, Wednesday's high.
Earlier in the day, official data showed that Consumer spending in France fell unexpectedly to a seasonally adjusted -0.2% last month from 0.9% in the preceding month whose … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Asian Markets Mixed At Close; Nikkei Down 0.01%

Posted: 29 Sep 2011 01:32 PM PDT

By ForexMansion.com
Forexpros – Asian stocks were mixed after the closing bell on Friday.
At the close of Asian trade, Japan's Nikkei 225 index fell 0.01%, Australia's S&P/ASX 200 index gained 0.01%, while Hong Kong's Hang Seng Index was trading 2.84% down.
Meanwhile, the outlook for U.S. equity markets was downbeat. Dow Jones Industrial Average futures indicated a loss of 0.68%, S&P 500 futures pointed to a decrease of 0.81% and Nasdaq 100 futures indicated a fall of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EUR/USD Down On Economic Data

Posted: 29 Sep 2011 01:02 PM PDT

By ForexMansion.com
Forexpros – The Euro was lower against the U.S. Dollar on Friday after the release of euro zone data on French Consumer Spending.
EUR/USD was trading at 1.3511, down 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 Consumer spending in France fell unexpectedly to a seasonally adjusted -0.2% last month from 0.9% in the preceding month whose … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

French Consumer Spending Falls Unexpectedly

Posted: 29 Sep 2011 01:02 PM PDT

By ForexMansion.com
Forexpros – Consumer spending in France fell unexpectedly last month, official data showed on Friday.
In a report, INSEE said that French consumer spending fell to a seasonally adjusted -0.2%, from 0.9% in the preceding month whose figure was revised down from 1.2%.
Analysts had expected French consumer spending to rise 0.2% last month.
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 Down During The Asian Session

Posted: 29 Sep 2011 12:02 PM PDT

By ForexMansion.com
Forexpros – The Euro was lower against the U.S. Dollar on Friday.
EUR/USD was trading at 1.3554, down 0.32% 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 down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.15% to hit 0.8687 and EUR/JPY falling 0.67% to hit 103.78.
Forexpros

About ForexMansion.com:

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

GBP/USD Down In Asian Trade

Posted: 29 Sep 2011 11:32 AM PDT

By ForexMansion.com
Forexpros – The British Pound was lower against the U.S. Dollar on Friday.
GBP/USD was trading at 1.5602, down 0.17% at time of writing.
The pair was likely to find support at 1.5432, Monday's low, and resistance at 1.5716, Thursday's high.
Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.19% to hit 0.8684 and GBP/JPY falling 0.52% to hit 119.46.
Forexpros

About ForexMansion.com:

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

Daily FTSE Technical Update

Posted: 29 Sep 2011 11:01 AM PDT

By ForexMansion.com
by, James A. Hyerczyk
Volatile trading conditions once again dominated the FTSE 100 market. Traders seemed uncertain about the market's direction over the near-term. The sideways action on the 240-minute chart is clearly forming a non-trending triangle chart pattern that suggests the market is setting up for an impending breakout. At this time the direction is unclear, but a breakout over the last swing top at 5314.30 is likely to trigger an acceleration to the upside … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Dollar Higher In Mid-day Asian Trade

Posted: 29 Sep 2011 09:31 AM PDT

By ForexMansion.com
Forexpros –
Forexpros – The U.S. dollar gained against its major counterparts in Asian trade Friday, following the release of encouraging U.S. labor data and a vote by German lawmakers to approve an expansion of the European bailout fund.
In mid-day Asian trade, the greenback was higher against the euro, with EUR/USD falling 0.27% to hit 1.3558.
Earlier Thursday, German lawmakers voted to approve an expansion of the European Financial Stability Facility, with only 85 of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

USD/JPY Falls In Morning Asian Trade

Posted: 29 Sep 2011 09:01 AM PDT

By ForexMansion.com
Forexpros –
Forexpros – The U.S. dollar moved lower against the Japanese yen in Asian trade Friday, following labor data suggesting improved labor conditions feeding an appetite for risk investment away from the greenback.
In mid-day Asian trade USD/JPY hit 76.54, the pair's lowest since Thursday; the pair subsequently consolidated at 76.56, dropping 0.35%.
The pair was likely to find support at 75.97, the low of August 19, and resistance at 77.86 the high of September … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Asian Stocks Mixed In Early Trade; Nikkei Gains 0.5%

Posted: 29 Sep 2011 08:32 AM PDT

By ForexMansion.com
Forexpros –
Forexpros – Asian stocks were mixed in early Friday trade, with German approval of an expansion to the European rescue fund tempered by the longer term outlook for a resolution to euro-zone debt woes.
During early Asian trade, Hong Kong's Hang Seng Index fell 0.61% to 17,914.10, Japan's Nikkei 225 Index gained 0.5% to 8,744.55, while Australia's S&P/ASX 200 sank 2.5% to 3,970.10.
Along with the Nikkei, the broader-based Topix Index of all issues … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EUR/JPY Down During Asian Trade

Posted: 29 Sep 2011 08:02 AM PDT

By ForexMansion.com
Forexpros – The Euro was lower against the Japanese Yen on Friday after the release of Japanese data on Tokyo Core CPI.
EUR/JPY was trading at 103.89, down 0.58% 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 Tokyo's core consumer price inflation rose to at annualized rate of -0.1% last month from -0.2% in the preceding month.
Analysts had … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold Advances In Early Asian Trade

Posted: 29 Sep 2011 07:32 AM PDT

By ForexMansion.com
Forexpros –
Forexpros – Gold futures traded higher in Asian trade Friday, as Germany voted to expand the European rescue fund but U.S. labor data showing signs of improvement kept precious metals in a tight trading range.
On the Comex division of the New York Mercantile Exchange, gold futures for October delivery traded at USD1,619.35 a troy ounce during early Asian trade, adding 0.10%, after hitting a low of USDS1,615.05.
On Thursday, German lawmakers voted to approve … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

GBP/JPY Down During The Asian Session

Posted: 29 Sep 2011 07:02 AM PDT

By ForexMansion.com
Forexpros – The British Pound was lower against the Japanese Yen on Friday after the release of Japanese data on Industrial Production.
GBP/JPY was trading at 119.70, down 0.33% at time of writing.
The pair was likely to find support at 117.78, Monday's low, and resistance at 120.84, Thursday's high.
Earlier in the day, preliminary data showed that Industrial production in Japan rose less-than-expected to a seasonally adjusted 0.8% last month from 0.4% in the preceding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AUD/USD Slips In Early Asian Trade

Posted: 29 Sep 2011 07:02 AM PDT

By ForexMansion.com
Forexpros –
Forexpros – The Australian dollar moved lower against the U.S. dollar in Asian trade Friday, as the greenback got a boost from gains on Wall Street and better than expected jobless claim figures.
AUD/USD hit 0.9753 in early Asian trade, the pair's highest since Thursday; the pair subsequently consolidated at 0.9764, falling 0.19%.
The pair was likely to find support at 0.9670, last Friday's low, and resistance at 1.0078, last Thursday's high.
The U.S. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Oil Higher In Early Asian Trade

Posted: 29 Sep 2011 06:33 AM PDT

By ForexMansion.com
Forexpros –
Forexpros – Crude oil futures moved higher in Asian trade Friday, lifted by a German parliamentary vote to approve expansion of the European rescue fund, as well as better than expected labor numbers in the U.S.
On the New York Mercantile Exchange light, sweet crude futures for November delivery traded at USD82.97 a barrel during early Asian trade, rising 0.10%, after hitting a daily low of USD82.86.
On Thursday, German lawmakers voted to approve an expansion … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Japan’s Industrial Production Rises Less-than-expected

Posted: 29 Sep 2011 06:33 AM PDT

By ForexMansion.com
Forexpros – Industrial production in Japan rose less-than-expected last month, preliminary data showed on Thursday.
In a report, the Ministry of Economy, Trade and Industry said that industrial production rose to a seasonally adjusted 0.8%, from 0.4% in the preceding month.
Analysts had expected industrial production to rise 1.5% last month.
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/JPY Down On Economic Data

Posted: 29 Sep 2011 06:33 AM PDT

By ForexMansion.com
Forexpros – The Euro was lower against the Japanese Yen on Friday after the release of Japanese data on Industrial Production.
EUR/JPY was trading at 104.18, down 0.29% 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, preliminary data showed that Industrial production in Japan rose less-than-expected to a seasonally adjusted 0.8% last month from 0.4% in the preceding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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