DailyMarkets.com - Forex – EUR/USD Up In European Trading Hours

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• Forex – EUR/USD Up In European Trading Hours
• Asian Markets Close Higher; Nikkei Up 0.16%
• Forex – GBP/USD Down On Economic Data
• U.K. PPI Input Falls More-than-expected
• Forex – GBP/USD Down During The European Session
• Forex – EUR/GBP Up During The European Session
• Bear Of The Day: Plexus Corporation (PLXS)
• Aggressive Growth Stock: Akorn, Inc
• Momentum Stock: Boston Beer Company
• Bull Of The Day: United Therapeutics (UTHR)
• Growth & Income Stock: Genuine Parts Company
• Forex – EUR/USD Up During The Asian Session
• Forex – GBP/USD Down In Asian Trade
• Breakout Ahead For The E-Mini S&P 500
• Forex – Dollar Down In Mid-day Asian Trade
• Forex – USD/JPY Lower In Mid-day Asian Trade
• Cost Of Thanksgiving Dinner Increases This Year, But Remains A Bargain At Less Than $5 Per Person
• Asian Stocks Edge Higher In Early Trade; Nikkei Adds 0.1%
• Forex – AUD/USD Loses Ground In Early Asian Trade
• Two-track Eurozone: Wheels Within Wheels
• Daily FTSE Technical Update

Forex – EUR/USD Up In European Trading Hours Posted: 11 Nov 2011 02:45 AM PST Forexpros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.3625, up 0.12% at time of writing. The pair was likely to find support at 1.3484, Thursday's low, and resistance at 1.3859, Wednesday's high. Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.29% to hit 0.8565 and EUR/JPY falling 0.21% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Asian Markets Close Higher; Nikkei Up 0.16% Posted: 11 Nov 2011 02:15 AM PST Forexpros – Asian stocks were up after the closing bell on Friday. At the close of Asian trade, Japan's Nikkei 225 index rose 0.16%, Australia's S&P/ASX 200 index gained 1.23%, while Hong Kong's Hang Seng Index was trading 0.91% up. Meanwhile, the outlook for U.S. equity markets was upbeat. Dow Jones Industrial Average futures indicated a gain of 0.50%, S&P 500 futures pointed to an increase of 0.71% and Nasdaq 100 futures indicated a rise of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Down On Economic Data Posted: 11 Nov 2011 01:45 AM PST Forexpros – The British Pound was lower against the U.S. Dollar on Friday after the release of U.K. data on PPI Input. GBP/USD was trading at 1.5909, down 0.16% at time of writing. The pair was likely to find support at 1.5869, Thursday's low, and resistance at 1.6130, Tuesday's high. Earlier in the day, official data showed that Producer price inflation input in the U.K. fell more-than-expected to a seasonally adjusted -0.8% last month from 1.7% in the preceding month. Analysts had … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.K. PPI Input Falls More-than-expected Posted: 11 Nov 2011 01:40 AM PST Forexpros – Producer price inflation input in the U.K. fell more-than-expected last month, official data showed on Friday. In a report, National Statistics said that U.K. PPI input fell to a seasonally adjusted -0.8%, from 1.7% in the preceding month. Analysts had expected U.K. PPI input to fall -0.3% last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Down During The European Session Posted: 11 Nov 2011 01:10 AM PST Forexpros – The British Pound was lower against the U.S. Dollar on Friday. GBP/USD was trading at 1.5904, down 0.19% at time of writing. The pair was likely to find support at 1.5869, Thursday's low, and resistance at 1.6130, Tuesday's high. Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.41% to hit 0.8575 and GBP/JPY falling 0.53% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/GBP Up During The European Session Posted: 11 Nov 2011 12:15 AM PST Forexpros – The Euro was higher against the British Pound on Friday. EUR/GBP was trading at 0.8558, up 0.21% at time of writing. The pair was likely to find support at 0.8486, Thursday's low, and resistance at 0.8608, Monday's high. Meanwhile, the Euro was up against the U.S. Dollar and down against the Japanese Yen, with EUR/USD gaining 0.14% to hit 1.3627 and EUR/JPY falling 0.08% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bear Of The Day: Plexus Corporation (PLXS) Posted: 10 Nov 2011 11:00 PM PST Plexus Corporation (NASDAQ:PLXS) reported mixed fourth quarter 2011 financial results. The company beat the Zacks Consensus Estimate of $0.50 per share but fell shy of the revenue expectation of $540.0 million. Plexus continues to face cut-throat competition in the EMS market, where component shortages and supply chain constraints are increasing operational complexities. Moreover, Plexus continues to invest in new sites and increasing headcount that may affect profitability in the near term. We … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aggressive Growth Stock: Akorn, Inc Posted: 10 Nov 2011 11:00 PM PST We last checked in on Akorn, Inc. (NASDAQ:AKRX) in August and things were looking good. So, how did shares weather the market turmoil that was just ahead? Company Description Akorn, Inc. makes multisource and branded pharmaceuticals. The company specializes in diagnostics and therapeutic products, hospital drugs and injectable pharmaceuticals. Another Surprise On Nov 1 Akorn reported another great quarter. Earnings per share came in at $0.08, 3 cents better than expected. Revenues surged 70% to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Momentum Stock: Boston Beer Company Posted: 10 Nov 2011 11:00 PM PST Boston Beer Company (SAM) just jumped into a new multi-year high, surging more than 13% in one day after reporting another strong quarter. With four consecutive earnings surprises and a bullish 28% growth projection, this Zacks #1 Rank stock is brewing with momentum. Company Description The Boston Beer Company, Inc, brews and sells alcohol beverages in the United States and internationally. The company was founded in 1964 and has a market cap of $1.27 billion. SAM got a nice boost into a new … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bull Of The Day: United Therapeutics (UTHR) Posted: 10 Nov 2011 11:00 PM PST United Therapeutics (NASDAQ:UTHR) reported third-quarter earnings of $1.32 per share, well above the year-ago earnings of $0.67. Higher revenues and lower costs led to the improvement in earnings. Based on the solid third quarter results, we have increased our estimates for 2011 and 2012. We believe the company is well-positioned to gain share in the pulmonary hypertension (PAH) market. Lead product Remodulin continues to look very strong in both the intravenous (IV) and subcutaneous (SC) forms. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Growth & Income Stock: Genuine Parts Company Posted: 10 Nov 2011 11:00 PM PST Genuine Parts Company (NYSE:GPC) recently reported record sales and earnings for the third quarter of 2011. It also delivered its 11th consecutive positive earnings surprise. Estimates continued to rise for both 2011 and 2012 off the strong quarter, sending the stock to a Zacks #2 Rank (Buy). Genuine Parts also pays a dividend that yields a juicy 3.1%. Valuation is reasonable too with shares trading around 15x forward earnings. Company Description Genuine Parts Company distributes automotive … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 10 Nov 2011 10:55 PM PST Forexpros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.3620, up 0.08% at time of writing. The pair was likely to find support at 1.3484, Thursday's low, and resistance at 1.3859, Wednesday's high. Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.13% to hit 0.8551 and EUR/JPY falling 0.14% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Down In Asian Trade Posted: 10 Nov 2011 10:25 PM PST Forexpros – The British Pound was lower against the U.S. Dollar on Friday. GBP/USD was trading at 1.5927, down 0.04% at time of writing. The pair was likely to find support at 1.5869, Thursday's low, and resistance at 1.6130, Tuesday's high. Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.11% to hit 0.8549 and GBP/JPY falling 0.17% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Breakout Ahead For The E-Mini S&P 500 Posted: 10 Nov 2011 08:04 PM PST After digesting Wednesday's sell-off, The E-Mini S&P 500 looks poised for its next big breakout move. Here's why.. Inside Day & PEMA Support The daily chart of the ES shows price has formed an Inside Day pattern, whereby the current day's trading range developed within the prior day's range. This two-day pattern usually helps to forecast significant breakout opportunities in the day that follows. If a breakout from Thursday's price range occurs, look for a potential trend day … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Dollar Down In Mid-day Asian Trade Posted: 10 Nov 2011 07:13 PM PST Forexpros – Forexpros – The U.S. dollar moved lower against its major counterparts in Asian trade Friday, following the rise on Wall Street from positive U.S. labor figures and a settling European political picture. In mid-day Asian trade, the greenback was lower against the euro, with EUR/USD rising 0.05% to hit 1.3616. Surging Italian government bond yields that startled the market Wednesday abated, with yields on an auction of Italian government bills falling to 6.9% on Thursday from 7%, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Lower In Mid-day Asian Trade Posted: 10 Nov 2011 06:42 PM PST Forexpros – Forexpros – The U.S. dollar moved lower against the Japanese yen in Asian trade Friday, as Japan's finance minister hinted at further intervention in the market to step the rise of the Japanese currency. In mid-day Asian trade USD/JPY hit 77.71, the pair's lowest since Tuesday; the pair subsequently consolidated at 77.79, falling 0.03%. The pair was likely to find support at 75.58, the low of October 31, and resistance at 78.98, the high of November 1. Japanese Finance … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Cost Of Thanksgiving Dinner Increases This Year, But Remains A Bargain At Less Than $5 Per Person Posted: 10 Nov 2011 06:31 PM PST WASHINGTON, D.C., November 10, 2011 – “The retail cost of menu items for a classic Thanksgiving dinner including turkey, stuffing, cranberries, pumpkin pie and all the basic trimmings increased about 13 percent this year, according to the American Farm Bureau Federation (AFBF). AFBF's 26th annual informal price survey of classic items found on the Thanksgiving Day dinner table indicates the average cost of this year's feast for 10 is $49.20, a $5.73 price increase from last year's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Asian Stocks Edge Higher In Early Trade; Nikkei Adds 0.1% Posted: 10 Nov 2011 06:12 PM PST Forexpros – Forexpros – Asian stocks moved marginally higher in trade Friday, following better-than-expected U.S. labor numbers and a soothing of nerves over European debt and excessively high Italian bonds. During early Asian trade, Hong Kong's Hang Seng Index gained 1.3% to 19,091.40, Japan's Nikkei Index rose 0.14% to 8,512.31, while Australia's S&P/ASX 200 added 0.12% to 4,249.40. The Topix Index of all shares listed on the first section of the Tokyo Stock Exchange, however, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – AUD/USD Loses Ground In Early Asian Trade Posted: 10 Nov 2011 05:28 PM PST Forexpros – Forexpros – The Australian dollar moved lower against the U.S. dollar Friday, following the release of promising data for the U.S. economy and an up day on Wall Street boosted by progress in Europe. AUD/USD hit 1.0134 in early Asian trade, the pair's lowest since Wednesday; the pair subsequently consolidated at 1.0140, falling 0.12%. The pair was likely to find support at 0.9866, the low of October 12, and resistance at 1.0397, last Tuesday's high. On Thursday, the U.S. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Two-track Eurozone: Wheels Within Wheels Posted: 10 Nov 2011 07:30 AM PST I take my assertion in my last post about a possible Merkel capitulation back. The Reuters story about the Franco-German discussions about a eurozone breakup, or a two-speed eurozone, was ex[;psive on a day when Italian yields spiked, but a further Reuters story indicates that the "informal" discussions had been going on for a month. Moreover, the discussions were at a theoretical level and not centred on the nuts-and-bolts of how it would be done: The change has been discussed on an ... [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Daily FTSE Technical Update Posted: 10 Nov 2011 06:02 AM PST By ForexMansion.com by, James A. Hyerczyk The FTSE 100 closed lower but well off its low at 5360.20. For the most part, the index remained rangebound, highlighted by a choppy, two-sided trade. Neither short-sellers nor buyers had much control over the market today although for the week, the bears seem to be exerting the most influence. With the daily chart making a clearly bearish head-and-shoulders formation, the index appears to be ripe for a sell-off if the market can trade through the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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