DailyMarkets.com - Forex Trading: EURUSD Moves Toward Trendline Resistance

---

• Forex Trading: EURUSD Moves Toward Trendline Resistance
• Forex Trading: USDCAD Makes New Highs And Targets 1.0672
• Forex Trading: EURUSD Squeezes Higher. Extends Trading Range In The Process
• MBNA Credit Cards – Which MBNA Card To Get?
• U.S. Factory Orders Fall More-than-expected In August
• Risk, Reward Balance Telus
• Statoil Sets Gudrun Start-up Target
• Nokia To Reduce Staff Strength
• Regency Acquires Assets In Texas
• Forex – EUR/JPY Close To 10-year Low Amid Greece Fears
• Technical Analysts Say Gold Is At A Bargain
• Forex – USD/CAD Hits 13-month High In Risk-off Trade
• Neutral On Patterson Companies
• The Market’s European Fixation
• Stock Market News Briefs: AMR, DemandTec, Diamondrock Hospitality Company, Eastman Kodak Company, Starwood Hotels & Resorts Worldwide, Priceline.com Incorporated, Pharmaceutical Product Development, Wolverine World Wide
• Euro Firms Despite Continued Sell-off Of Commodity Currencies
• Forex Trading: GBPUSD Finding Some Profit Taking Support Against Trendline In Early NY Trading
• Sugar Futures Drop As Global Supply Concerns Ease
• Forex – Dollar Almost Unchanged As Euro Finds Support
• U.S. Futures Drop On Greece Fears; Dow Falls 0.88%
• Crude Oil To Fall With Stocks, Gold Looks To Bernanke For Direction
• Forex – GBP/USD Remains Down Amid BoE Easing Fears
• Forex – EUR/USD Steady Close To 81/2 Half Month Low
• Soybean Futures Hover Close To 1-year Low On Demand Outlook
• Forex – Euro Rises Against Pound After Weak U.K. PMI
• Forex – USD/CHF Steady On Greek Default Apprehension
• Copper Close To 14-month Low As Greece, Margin Hike Weigh
• USD/CAD Hits 13-month High In Risk-off Trade
• Sugar Futures Drop As Global Supply Concerns Ease
• Forex – Dollar Almost Unchanged As Euro Finds Support
• U.S. Futures Drop On Greece Fears; Dow Falls 0.88%
• EUR/USD Steady Close To 81/2 Half Month Low
• GBP/USD Remains Down Amid BoE Easing Fears
• USD/CHF Steady On Greek Default Apprehension
• Forex – Euro Rises Against Pound After Weak U.K. PMI
• Soybean Futures Hover Close To 1-year Low On Demand Outlook
• Copper Close To 14-month Low As Greece, Margin Hike Weigh
• European Stocks Decline Amid Ongoing Debt Worries; DAX Drops 2.86%

Forex Trading: EURUSD Moves Toward Trendline Resistance Posted: 04 Oct 2011 06:34 AM PDT The EURUSD is approaching top trendline resistance at the 1.3219 level. This line connects highs over the last few days of trading on the hourly chart. A move above will be needed to increase the corrective momentum. The high for the day for the day is 1.3226. A break of that level targets the 1.3244 price. On the downside, 1.3193 and 1.3174 are levels to eye for downside clues.   The 1.3193 is the 100 and 200 bar MA on the 5 minute chart. The 1.3174 level is a floor … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USDCAD Makes New Highs And Targets 1.0672 Posted: 04 Oct 2011 07:01 AM PDT The USDCAD continues to trend to the upside with the next key target in the 1.0667 to 1.0672 area.   The 1.0667 is the current upside trendline  on the hourly chart below. The daily chart above has a ceiling in the area from July/August … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: EURUSD Squeezes Higher. Extends Trading Range In The Process Posted: 04 Oct 2011 07:19 AM PDT The EURUSD has squeezed higher, extending the trading range to the upside. The range was a narrow 81 pips and the move higher has extended the range now. The move higher has reached 1.3242 (so far) which is just short of the next target at 1.3244. This level was a level going back to January 2011. A move above this level should solicit additional buying, with 1.3263 (50% of the weeks range) and the 1.3290 (61.8% of the weeks range) another upside target. Although much higher, and not … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

MBNA Credit Cards – Which MBNA Card To Get? Posted: 04 Oct 2011 07:31 AM PDT An MBNA card is a top choice of credit card to get if you are a Canadian resident looking for a credit card from a reputable bank. MBNA Canada Bank is a subsidiary of Bank of America (NYSE:BAC), and is Canada’s largest MasterCard (NYSE:MA) issuer. MBNA has one of the widest range of credit cards, many of which have rewards programs. Some MBNA cards offer 5% cash back when you make certain purchases, and others offer 0% introductory annual interest rate for an extended period of time. To help you … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Factory Orders Fall More-than-expected In August Posted: 04 Oct 2011 07:06 AM PDT Forexpros – U.S. factory orders declined more-than-expected in August, official data showed on Tuesday. In a report, the U.S. Census Bureau said factory orders declined by a seasonally adjusted 0.2% in August, worse than the expected drop of 0.1%. The previous month's figure was revised down to a 2.1% gain from a previously reported 2.4% increase. Following the release of the data, the U.S. dollar was fractionally lower against the euro, with EUR/USD adding 0.06% to trade at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Risk, Reward Balance Telus Posted: 04 Oct 2011 07:05 AM PDT We remain on the sidelines on Telus Corporation's (NYSE:TU) owing to the continued decline in access line, an increasingly competitive domestic wireless market and reduced wireless data plans. The second largest Canadian telecommunications company faces fierce wireless competition from Rogers Communication (NYSE:RCI) and BCE Inc. (NYSE:BCE). The entry of cable TV operators such as Shaw Communications into the wireline market has intensified competition further. Additionally, we believe the reduction … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Statoil Sets Gudrun Start-up Target Posted: 04 Oct 2011 07:05 AM PDT Statoil ASA's (NYSE:STO) Gudrun project, off Norway, which lies in production license (PL) 025 of the North Sea, is expected to come online in the first quarter of 2014. Its West Epsilon rig is actively drilling wells that need to be completed for production start-up in 2014. High pressure and high temperature are the distinguishing features of the Gudrun field. Pre-drilling of seven wells is necessary for the start of actual production because of the distinctiveness of the field. Production … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Nokia To Reduce Staff Strength Posted: 04 Oct 2011 07:05 AM PDT Nokia Corporation (NYSE:NOK), the world's largest mobile phone maker, recently announced its decision to reduce its staff strength by 3,500 by the end of 2012, consistent with its cost-control initiative. Such job cuts on the company's part comes on the back of the closure of its Romanian plant. In recent times, Nokia delivered poor financial results falling short of the expectation The company continued to loose market share mainly due to stiff competition from Google Inc's (NASDAQ:GOOG) … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Regency Acquires Assets In Texas Posted: 04 Oct 2011 07:05 AM PDT Regency Centers Corporation (NYSE:REG) recently completed the acquisition of an 187,529 square foot neighborhood shopping center named Tech Ridge Center in Austin, Texas. Tech Ridge Center is the fourth grocery-anchored acquisition of Regency Centers and is currently 93.0% occupied. The shopping center provides significant growth potential and can be further expanded an additional 30,000 square feet. This acquisition is consistent with Regency’s strategy of acquiring premier grocery-anchored … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/JPY Close To 10-year Low Amid Greece Fears Posted: 04 Oct 2011 07:03 AM PDT Forexpros – The euro was trading close to a ten-year low against the yen on Tuesday, as concerns over the potential implications of a Greek default continued to weigh on market sentiment. EUR/JPY hit 100.76 during early U.S. trade, the pair’s lowest in a decade; the pair subsequently consolidated at 101.20, easing up 0.27%. The pair was likely to find support at 100.76, the day’s low and resistance at 103.22, Monday’s high. Fears over a Greek default mounted after Eurogroup finance … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Technical Analysts Say Gold Is At A Bargain Posted: 04 Oct 2011 07:00 AM PDT Technical Analysts Say Gold is At a Bargain by Steve McDonald, Contributing Editor, Investment U Tuesday, October 4, 2011 Gold is at a bargain – at least that's what technical analysts are saying. The techies described the recent 20-percent dip in gold prices as a bump in an otherwise long bull road for gold… and the charts support this claim. The chart below is for the SPDR Gold Trust (GLD). It shows a very strong upward trend for gold, and the recent sell-off just touched its upward … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CAD Hits 13-month High In Risk-off Trade Posted: 04 Oct 2011 06:37 AM PDT Forexpros – The U.S. dollar strengthened against its Canadian counterpart on Tuesday, rising to a 13-month high as ongoing fears over the possible implications of a default by Greece and concerns over the global outlook saw investors dump riskier assets. USD/CAD hit 1.0588 during early U.S. trade, the pair's highest since September 1, 2010; the pair subsequently consolidated at 1.0571, gaining 0.29%. The pair was likely to find support at 1.0431, Monday's low and resistance at 1.0655, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Neutral On Patterson Companies Posted: 04 Oct 2011 06:36 AM PDT We retain our Neutral rating on the leading distributor of dental, companion-pet veterinarian and rehabilitation medical supplies Patterson Companies Inc (NASDAQ:PDCO). The company posted tepid first-quarter fiscal 2012 results with earnings per share of 42 cents trailing both the Zacks Consensus Estimate and the year-ago earnings. Profit slid roughly 10% year over year on account of charges related to the company's Employee Stock Ownership Plan ("ESOP"). Revenues fell 0.3% year over year … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Market’s European Fixation Posted: 04 Oct 2011 06:36 AM PDT The more things change, the more they stay the same. It appears that the market’s attention is fixed on Greece, to the exclusion of everything else. Europe aside, the market may take notice of Bernanke’s Congressional testimony this morning as well. In other economic data, we have the August Factory Orders report on the docket, but it is unlikely to move the needle much, given how the market has been behaving lately. What we have been seeing in recent days is that Europe-related headlines are … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stock Market News Briefs: AMR, DemandTec, Diamondrock Hospitality Company, Eastman Kodak Company, Starwood Hotels & Resorts Worldwide, Priceline.com Incorporated, Pharmaceutical Product Development, Wolverine World Wide Posted: 04 Oct 2011 06:36 AM PDT     Shares of AMR Corp. (NYSE:AMR) parent company of American Airlines fell on an increased fear of recession in the U.S. due to which the carrier can file for bankruptcy     Shares of Eastman Kodak (NYSE:EK) rose 71.77% to $1.34 after the company issued a statement to investors assuring them that the company has no intentions to file for bankruptcy protection     Share of Pharmaceutical Product Development Inc. (NASDAQ:PPDI) gained 25.80% after the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Euro Firms Despite Continued Sell-off Of Commodity Currencies Posted: 04 Oct 2011 06:36 AM PDT Fundamental Headlines • EU Flags Bigger Losses for Greece Bondholders – Bloomberg • Lacker Says Fed's Twist Won't Spur U.S. Jobs – Bloomberg • China Warns of Trade War if U.S. Bill Passes – Reuters • S&P 500 Set to Enter a Bear Market – Reuters • Greece: Finances Can Withstand Delay – WSJ European Session Summary The beginning of October hasn't treated markets kindly, as was expected. With last week marking the end of the third quarter and thus books being marked … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: GBPUSD Finding Some Profit Taking Support Against Trendline In Early NY Trading Posted: 04 Oct 2011 05:50 AM PDT   The GBPUSD found support at bottom trendline at the 1.5362 area in the hourly chart above.   This was the third test of the trendline and has prompted some profit taking from traders – at least initially.   Looking at the intraday chart below, Traders who are dip buyers will now need a move above the 1.5391 level to confirm a potential temporary bottom.  A move above this level would next target the 100 bar MA at the 1.5409 level currently.  The 200 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Sugar Futures Drop As Global Supply Concerns Ease Posted: 04 Oct 2011 06:27 AM PDT Forexpros – Sugar futures were down for a third day on Tuesday, hovering close to a four-month low as easing concerns over global sugar supplies and fears over declining demand from top consumer China dragged down prices. On the ICE Futures U.S. Exchange, sugar futures for March delivery traded at USD0.2464 a pound during European morning trade, falling 0.9%. It earlier fell by as much as 1.4% to trade at USD0.2432 a pound, hovering close to a four-month low of USD0.2405 a pound it hit on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Dollar Almost Unchanged As Euro Finds Support Posted: 04 Oct 2011 06:00 AM PDT Forexpros – The U.S. dollar was almost unchanged against its major counterparts on Tuesday, as the euro firmed up in spite of a lack of progress by European leaders in tackling the region's debt crisis. During European afternoon trade, the greenback was slightly lower against the euro, with EUR/USD easing up 0.14% to hit 1.3194. The single currency found support after France and Belgium said they would guarantee funding for troubled Franco-Belgian lender Dexia. Meanwhile, euro zone … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Futures Drop On Greece Fears; Dow Falls 0.88% Posted: 04 Oct 2011 05:37 AM PDT Forexpros – U.S. stock futures pointed to a broadly lower open on Tuesday, amid growing concerns over the potential impact of a default by Greece on the global banking sector. Ahead of the open, the Dow Jones Industrial Average futures pointed to a drop of 0.88%, S&P 500 futures signaled a 0.93% decline, while the Nasdaq 100 futures indicated a 0.71% fall. On Monday, European finance ministers postponed a decision on the release of Greece's next tranche of aid until a meeting on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Oil To Fall With Stocks, Gold Looks To Bernanke For Direction Posted: 04 Oct 2011 05:27 AM PDT Talking Points Crude Oil Selling Continues as Risk Aversion Rules Financial Markets Gold May Erase Recent Safety-Driven Gains on Bernanke Testimony WTI Crude Oil (NY Close): $77.61 // -1.59 // -2.01% Crude oil prices remain on the defensive, with the WTI contract following the broad-based selloff across the spectrum of risky assets after a summit of EU finance ministers in Luxembourg offered no meaningful progress on resolving the regional bloc's sovereign debt crisis. Indeed, policymakers … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Remains Down Amid BoE Easing Fears Posted: 04 Oct 2011 05:27 AM PDT Forexpros – The pound remained lower against the U.S. dollar on Tuesday, after a report showing that construction activity in the U.K. fell to a 10-month low in September added to concerns that the Bank of England may resort to fresh easing measures. GBP/USD hit 1.5366 during European afternoon trade, the pair's lowest since September 23; the pair subsequently consolidated at 1.5377, shedding 0.35%. Cable was likely to find short-term support at 1.5330, the low of September 23 and a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Steady Close To 81/2 Half Month Low Posted: 04 Oct 2011 05:07 AM PDT Forexpros – The euro was steady against the U.S. dollar on Tuesday, trading close to an eight-and-a-half month low as concerns over a possible default by Greece mounted, fuelling fears over the potential impact on the global banking system. EUR/USD hit 1.3147 during European afternoon trade, the pair's lowest since January 13; the pair subsequently consolidated at 1.3178, easing up 0.02%. The pair was likely to find support at 1.3088, the low of January 13 and resistance at 1.3380, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Soybean Futures Hover Close To 1-year Low On Demand Outlook Posted: 04 Oct 2011 04:30 AM PDT Forexpros – Soybean futures were down for down for a third day on Tuesday, hovering close to the previous session's one-year low as a combination of easing concerns over U.S. crop conditions and fears over a slowdown in global demand continued to weigh on prices. On the Chicago Mercantile Exchange, soybean futures for November delivery traded at USD11.6912 a bushel during European morning trade, slumping 0.7%. It earlier fell as much as 0.88% to trade at a daily low of USD11.6862 a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Euro Rises Against Pound After Weak U.K. PMI Posted: 04 Oct 2011 04:27 AM PDT Forexpros – The euro was higher against the pound on Tuesday, after a report showing that construction activity in the U.K. fell to a 10-month low last month fuelled speculation that the Bank of England may resort to fresh easing measures. EUR/GBP hit 0.8586 during European early afternoon trade, the daily high; the pair subsequently consolidated at 0.8572, gaining 0.41%. The pair was likely to find support at 0.8527, Monday's low and a three-week low and resistance at 0.8632, Monday's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CHF Steady On Greek Default Apprehension Posted: 04 Oct 2011 04:02 AM PDT Forexpros – The U.S. dollar remained steady against the Swiss franc on Tuesday, hovering close to a six-month high amid concerns over the impact of Greece’s financial woes on the global economy. USD/CHF hit 0.9231 during late European morning trade, the pair’s highest since April 6; the pair subsequently consolidated at 0.9217, inching up 0.02%. The pair was likely to find support at 0.9076, Monday’s low and resistance at 0.9294, the high of April 6. Investors were wary after European … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Copper Close To 14-month Low As Greece, Margin Hike Weigh Posted: 04 Oct 2011 03:40 AM PDT Forexpros – Copper futures were down for a fourth day on Tuesday, hovering close to the previous session's 14-month low as ongoing fears over a potential Greek default and a margin hike from the CME Group pressured prices. On the Comex division of the New York Mercantile Exchange, copper futures for December delivery traded at USD3.100 a pound during European morning trade, dropping 1.6%. It earlier fell by as much as 2.1% to trade at USD3.037 a pound, hovering close to Monday's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

USD/CAD Hits 13-month High In Risk-off Trade Posted: 03 Oct 2011 08:02 PM PDT By ForexMansion.com Forexpros – The U.S. dollar strengthened against its Canadian counterpart on Tuesday, rising to a 13-month high as ongoing fears over the possible implications of a default by Greece and concerns over the global outlook saw investors dump riskier assets. USD/CAD hit 1.0588 during early U.S. trade, the pair's highest since September 1, 2010; the pair subsequently consolidated at 1.0571, gaining 0.29%. The pair was likely to find support at 1.0431, Monday's low and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Sugar Futures Drop As Global Supply Concerns Ease Posted: 03 Oct 2011 07:33 PM PDT By ForexMansion.com Forexpros – Sugar futures were down for a third day on Tuesday, hovering close to a four-month low as easing concerns over global sugar supplies and fears over declining demand from top consumer China dragged down prices. On the ICE Futures U.S. Exchange, sugar futures for March delivery traded at USD0.2464 a pound during European morning trade, falling 0.9%. It earlier fell by as much as 1.4% to trade at USD0.2432 a pound, hovering close to a four-month low of USD0.2405 a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Dollar Almost Unchanged As Euro Finds Support Posted: 03 Oct 2011 07:33 PM PDT By ForexMansion.com Forexpros – The U.S. dollar was almost unchanged against its major counterparts on Tuesday, as the euro firmed up in spite of a lack of progress by European leaders in tackling the region's debt crisis. During European afternoon trade, the greenback was slightly lower against the euro, with EUR/USD easing up 0.14% to hit 1.3194. The single currency found support after France and Belgium said they would guarantee funding for troubled Franco-Belgian lender Dexia. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Futures Drop On Greece Fears; Dow Falls 0.88% Posted: 03 Oct 2011 07:02 PM PDT By ForexMansion.com Forexpros – U.S. stock futures pointed to a broadly lower open on Tuesday, amid growing concerns over the potential impact of a default by Greece on the global banking sector. Ahead of the open, the Dow Jones Industrial Average futures pointed to a drop of 0.88%, S&P 500 futures signaled a 0.93% decline, while the Nasdaq 100 futures indicated a 0.71% fall. On Monday, European finance ministers postponed a decision on the release of Greece's next tranche of aid until … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EUR/USD Steady Close To 81/2 Half Month Low Posted: 03 Oct 2011 06:33 PM PDT By ForexMansion.com Forexpros – The euro was steady against the U.S. dollar on Tuesday, trading close to an eight-and-a-half month low as concerns over a possible default by Greece mounted, fuelling fears over the potential impact on the global banking system. EUR/USD hit 1.3147 during European afternoon trade, the pair's lowest since January 13; the pair subsequently consolidated at 1.3178, easing up 0.02%. The pair was likely to find support at 1.3088, the low of January 13 and resistance … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

GBP/USD Remains Down Amid BoE Easing Fears Posted: 03 Oct 2011 06:33 PM PDT By ForexMansion.com Forexpros – The pound remained lower against the U.S. dollar on Tuesday, after a report showing that construction activity in the U.K. fell to a 10-month low in September added to concerns that the Bank of England may resort to fresh easing measures. GBP/USD hit 1.5366 during European afternoon trade, the pair's lowest since September 23; the pair subsequently consolidated at 1.5377, shedding 0.35%. Cable was likely to find short-term support at 1.5330, the low of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

USD/CHF Steady On Greek Default Apprehension Posted: 03 Oct 2011 05:32 PM PDT By ForexMansion.com Forexpros – The U.S. dollar remained steady against the Swiss franc on Tuesday, hovering close to a six-month high amid concerns over the impact of Greece's financial woes on the global economy. USD/CHF hit 0.9231 during late European morning trade, the pair's highest since April 6; the pair subsequently consolidated at 0.9217, inching up 0.02%. The pair was likely to find support at 0.9076, Monday's low and resistance at 0.9294, the high of April 6. Investors were … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Euro Rises Against Pound After Weak U.K. PMI Posted: 03 Oct 2011 05:32 PM PDT By ForexMansion.com Forexpros – The euro was higher against the pound on Tuesday, after a report showing that construction activity in the U.K. fell to a 10-month low last month fuelled speculation that the Bank of England may resort to fresh easing measures. EUR/GBP hit 0.8586 during European early afternoon trade, the daily high; the pair subsequently consolidated at 0.8572, gaining 0.41%. The pair was likely to find support at 0.8527, Monday's low and a three-week low and resistance at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Soybean Futures Hover Close To 1-year Low On Demand Outlook Posted: 03 Oct 2011 05:32 PM PDT By ForexMansion.com Forexpros – Soybean futures were down for down for a third day on Tuesday, hovering close to the previous session's one-year low as a combination of easing concerns over U.S. crop conditions and fears over a slowdown in global demand continued to weigh on prices. On the Chicago Mercantile Exchange, soybean futures for November delivery traded at USD11.6912 a bushel during European morning trade, slumping 0.7%. It earlier fell as much as 0.88% to trade at a daily low of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Copper Close To 14-month Low As Greece, Margin Hike Weigh Posted: 03 Oct 2011 05:03 PM PDT By ForexMansion.com Forexpros – Copper futures were down for a fourth day on Tuesday, hovering close to the previous session's 14-month low as ongoing fears over a potential Greek default and a margin hike from the CME Group pressured prices. On the Comex division of the New York Mercantile Exchange, copper futures for December delivery traded at USD3.100 a pound during European morning trade, dropping 1.6%. It earlier fell by as much as 2.1% to trade at USD3.037 a pound, hovering close to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

European Stocks Decline Amid Ongoing Debt Worries; DAX Drops 2.86% Posted: 03 Oct 2011 04:32 PM PDT By ForexMansion.com Forexpros – European stock markets declined for the third consecutive day on Tuesday, amid ongoing concerns that Greece's financial troubles could spread within the region's banking sector and accelerate a global economic slowdown. During European morning trade, the EURO STOXX 50 fell 2.05%, France's CAC 40 dropped 2.10%, while Germany's DAX 30 posted a 2.86% decline. European equities continued to tumble after European finance ministers postponed on Monday a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610