DailyMarkets.com - Forex – NZD/USD Down During The U.S. Session

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• Forex – NZD/USD Down During The U.S. Session
• “Good News From Europe…good For Markets”
• European Markets Close Lower; Dax Down 1.33%
• Euro Rebounds From Earlier Losses But Still Lower Vs. USD
• Forex – GBP/USD Down In U.S. Trade
• Forex Trading: EUR/USD Turns Down From Resistance To Target Potential Bearish Continuation
• Forex – EUR/USD Down At The End Of European Session
• Forex – EUR/USD Down Toward The End Of European Session
• Forex Trading: EURUSD Tests Underside Of Broken Trendline
• Forex – USD/JPY Down Toward The End Of European Session
• Wall Street Slide On Data, Banks Down On JPM Earnings
• Crude Drops As IEA Slashes 2012 Demand Forecast
• Forex – GBP/USD Down Toward The End Of European Session
• Forex – GBP/JPY Down During The European Session
• Forex – EUR/USD Down During The European Session
• BP Reveals North Sea Development Plans

Forex – NZD/USD Down During The U.S. Session Posted: 13 Oct 2011 10:45 AM PDT Forexpros – The New Zealand Dollar was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims. NZD/USD was trading at 0.7948, down 0.14% at time of writing. The pair was likely to find support at 0.7678, Monday's low, and resistance at 0.7996, Wednesday's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims fell unexpectedly to a seasonally adjusted 404K last week from 405K in the preceding week whose figure was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

“Good News From Europe…good For Markets” Posted: 13 Oct 2011 10:10 AM PDT 10/13/11 OnPoint Executions’ Bobby Heller discusses the latest earnings reports and global economic data releases. The financial sector was weighed down following JPMorgan’s mixed … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

European Markets Close Lower; Dax Down 1.33% Posted: 13 Oct 2011 10:05 AM PDT Forexpros – European stocks were down after the closing bell on Thursday. At the close of European trade, Germany's DAX fell 1.33%, London's FTSE 100 shed 0.71%, France's CAC 40 declined 1.33% and the EURO STOXX 50 was down 1.67%. Earlier in the day, official data showed that U.S. Initial Jobless Claims fell unexpectedly to a seasonally adjusted 404K last week from 405K in the preceding week whose figure was revised up from 401K. Analysts had expected Initial Jobless Claims to rise … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Euro Rebounds From Earlier Losses But Still Lower Vs. USD Posted: 13 Oct 2011 10:00 AM PDT 10/13/11 The afternoon has seen the euro rebound from earlier lows on reports of Slovakia approving the extension of the EFSF. However, the currency is still trading on the downside against the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Down In U.S. Trade Posted: 13 Oct 2011 10:00 AM PDT Forexpros – The British Pound was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims. GBP/USD was trading at 1.5734, down 0.11% at time of writing. The pair was likely to find support at 1.5528, Monday's low, and resistance at 1.5798, Wednesday's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims fell unexpectedly to a seasonally adjusted 404K last week from 405K in the preceding week whose figure was revised … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: EUR/USD Turns Down From Resistance To Target Potential Bearish Continuation Posted: 13 Oct 2011 09:32 AM PDT EUR/USD (daily chart) as of Thursday (10/13/2011) has turned down from key resistance in the 1.3830 price region. This occurs after more than a week of strongly bullish price action that has formed a significant bullish correction within the context of the new overall downtrend that has been in place since the breakdown below 1.4000 in early September. The 1.3830 resistance level, which was just hit on Wednesday before turning back down in Thursday's trading, has served as a key … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Down At The End Of European Session Posted: 13 Oct 2011 09:00 AM PDT Forexpros – The Euro was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims. EUR/USD was trading at 1.3731, down 0.46% at time of writing. The pair was likely to find support at 1.3378, Monday's low, and resistance at 1.3834, Wednesday's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims fell unexpectedly to a seasonally adjusted 404K last week from 405K in the preceding week whose figure was revised up from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Down Toward The End Of European Session Posted: 13 Oct 2011 08:40 AM PDT Forexpros – The Euro was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims. EUR/USD was trading at 1.3738, down 0.41% at time of writing. The pair was likely to find support at 1.3378, Monday's low, and resistance at 1.3834, Wednesday's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims fell unexpectedly to a seasonally adjusted 404K last week from 405K in the preceding week whose figure was revised up from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: EURUSD Tests Underside Of Broken Trendline Posted: 13 Oct 2011 08:33 AM PDT The EURUSD has rallied post the EFSF vote by Slovakia. If that was a worthy reason to move higher, so be it.  In any case, the price is testing the underside of the upward sloping trendline that was broken earilier today at 1.3734.  Moving above discourages sellers.  Stay below and perhaps the buyers on the vote results think twice.  1.3707 is support once again (was support earlier today too).  A move above the 1.3735 level and the upside will be further explored once … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Down Toward The End Of European Session Posted: 13 Oct 2011 08:20 AM PDT Forexpros – The U.S. Dollar was lower against the Japanese Yen on Thursday after the release of U.S. data on Initial Jobless Claims. USD/JPY was trading at 76.85, down 0.53% at time of writing. The pair was likely to find support at 76.32, Wednesday's low, and resistance at 77.49, Wednesday's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims fell unexpectedly to a seasonally adjusted 404K last week from 405K in the preceding week whose figure was revised … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wall Street Slide On Data, Banks Down On JPM Earnings Posted: 13 Oct 2011 08:10 AM PDT 10/13/11 The major stock averages declined on weaker-than-expected Chinese data and JPMorgan’s earnings results. The financial sector was dragged lower as JPM shares fell over … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Drops As IEA Slashes 2012 Demand Forecast Posted: 13 Oct 2011 03:00 AM PDT 10/13/11 Front month crude prices were slightly in the red this morning following the IEA’s slashing of its demand forecast for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Down Toward The End Of European Session Posted: 13 Oct 2011 08:00 AM PDT Forexpros – The British Pound was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims. GBP/USD was trading at 1.5729, down 0.15% at time of writing. The pair was likely to find support at 1.5528, Monday's low, and resistance at 1.5798, Wednesday's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims fell unexpectedly to a seasonally adjusted 404K last week from 405K in the preceding week whose figure was revised … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/JPY Down During The European Session Posted: 13 Oct 2011 07:40 AM PDT Forexpros – The British Pound was lower against the Japanese Yen on Thursday after the release of U.S. data on Initial Jobless Claims. GBP/JPY was trading at 120.75, down 0.78% at time of writing. The pair was likely to find support at 119.17, Monday's low, and resistance at 122.36, Wednesday's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims fell unexpectedly to a seasonally adjusted 404K last week from 405K in the preceding week whose figure was revised … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Down During The European Session Posted: 13 Oct 2011 07:10 AM PDT Forexpros – The Euro was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims. EUR/USD was trading at 1.3701, down 0.67% at time of writing. The pair was likely to find support at 1.3378, Monday's low, and resistance at 1.3834, Wednesday's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims fell unexpectedly to a seasonally adjusted 404K last week from 405K in the preceding week whose figure was revised up from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BP Reveals North Sea Development Plans Posted: 13 Oct 2011 01:49 AM PDT Oil groups BP (LON:BP.), Shell (LON:RDSA), ConocoPhillips and Chevron have received UK government approval to proceed with the £4.5 billion Clair Ridge project, the second phase of development of the giant Clair field, west of the Shetland Islands. The green-light came as BP outlined its plans to maintain its own daily North Sea production levels at 200,000-250,000 barrels of oil equivalent a day until 2030 by pumping billions of pounds into the region. Together with various … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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