Friday, November 25, 2011

DailyMarkets.com - Forex – USD/JPY Up In European Trade

DailyMarkets.com - Forex – USD/JPY Up In European Trade


Forex – USD/JPY Up In European Trade

Posted: 25 Nov 2011 02:30 AM PST

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

USD/JPY was trading at 77.48, up 0.47% at time of writing.

The pair was likely to find support at 76.77, Monday's low, and resistance at 77.58, Wednesday's high.

Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.66% to hit 1.3259 and GBP/USD falling 0.24% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/USD Down In European Trading Hours

Posted: 25 Nov 2011 01:55 AM PST

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

EUR/USD was trading at 1.3272, down 0.57% at time of writing.

The pair was likely to find support at 1.3254, today's low, and resistance at 1.3568, Tuesday's high.

Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.45% to hit 0.8576 and EUR/JPY falling 0.19% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – GBP/USD Down During The European Session

Posted: 25 Nov 2011 01:10 AM PST

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

GBP/USD was trading at 1.5434, down 0.40% at time of writing.

The pair was likely to find support at 1.5434, today's low, and resistance at 1.5776, Monday's high.

Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.27% to hit 0.8590 and GBP/JPY rising 0.04% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Singapore Stock Market Update For Friday 25 November

Posted: 25 Nov 2011 12:22 AM PST

Market gapped down, with energy and banking stocks notable decliners, as ongoing concerns over Europe’s debt crisis kept investor sidelined. As we are getting closer to year end, do expect that market volumes will be lower. However, with Euro crisis in the focus, we do expect market to be on the downside. Any long positions shall be traded with extra care.

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


Forex – EUR/GBP Down During The European Session

Posted: 25 Nov 2011 12:15 AM PST

Forexpros – The Euro was lower against the British Pound on Friday.

EUR/GBP was trading at 0.8598, down 0.19% at time of writing.

The pair was likely to find support at 0.8559, Monday's low, and resistance at 0.8665, Tuesday's high.

Meanwhile, the Euro was down against the U.S. Dollar and up against the Japanese Yen, with EUR/USD shedding 0.28% to hit 1.3311 and EUR/JPY rising 0.07% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Asian Markets Close Lower; Nikkei Down 0.06%

Posted: 24 Nov 2011 11:10 PM PST

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

At the close of Asian trade, Japan's Nikkei 225 index fell 0.06%, Australia's S&P/ASX 200 index shed 1.48%, while Hong Kong's Hang Seng Index was trading 1.13% down.

Earlier in the day, official data showed that Tokyo's core consumer price inflation fell unexpectedly to at annualized rate of -0.5% last month from -0.4% in the preceding month.

Analysts had expected Tokyo's core CPI to rise to -0.3% last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Bull Of The Day: FTI Consulting, Inc. (FCN)

Posted: 24 Nov 2011 11:05 PM PST

FTI Consulting’s (NYSE:FCN) third-quarter 2011 earnings surpassed the Zacks Consensus Estimate. The turnaround in the company’s Corporate/Restructuring segment, which has been a significant drag on the company since early 2010, remains a key to the company’s growth.
Moreover, the company experienced growth across all the segments and in the international market particularly in Latin America and Asia Pacific. FTI results also benefited by addition of LECG professionals, which continues to enhance … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Bear Of The Day: RadioShack Corp. (RSH)

Posted: 24 Nov 2011 11:05 PM PST

The nightmare of RadioShack Corp. (NYSE:RSH) persists as the company continues its disappointing performance. Precipitous decline of the signature and consumer electronics retail businesses, adverse product-mix toward low-margin devices, and a volatile macro-economic scenario in the U.S. are taking their toll on the company’s financials.
Weaker-than-expected growth of the mobile platform and growing marketing expenses are other near-term concerns. Management provided a tepid outlook for the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Momentum Stock: AutoZone, Inc.

Posted: 24 Nov 2011 11:05 PM PST

AutoZone, Inc. (AZO) continues to trade near its all-time high, jumping higher on another strong quarter from late September. With a high industry rank and bullish growth projection, this Zacks #1 Rank stock is primed for momentum.
Company Description
AutoZone, Inc. operates as a retailer and distributor of automotive replacement parts and accessories in the United States. The company was founded in 1979 and has a market cap of $12.7 billion.
AutoZone has been a top performer over the last few … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Growth & Income Stock: Philip Morris International Inc.

Posted: 24 Nov 2011 11:05 PM PST

Philip Morris International Inc. (NYSE:PM) continues to deliver excellent financial results. Third quarter earnings jumped 37% year-over-year and surpassed the Zacks Consensus Estimate by 11%.
Management raised the lower end of its EPS guidance for the remainder of the year, prompting analysts to revise their estimates higher for both 2011 and 2012. It is a Zacks #2 Rank (Buy) stock.
The company continues to produce tons of cash, which it has been using to repurchase its stock and raise its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Aggressive Growth Stock: Allot Communications

Posted: 24 Nov 2011 11:05 PM PST

While many are fearing EU-reliant stocks, Allot Communications Ltd. (NASDAQ:ALLT) is on the rise and sees growing demand in the region. Is now a good time to pick up shares of ALLT?
Company Description
Allot offers IP optimization and revenue generation solutions for fixed and mobile service providers.
Another Great Quarter
Since we covered Allot back in early October, the company has reported another earnings surprise. On Nov 1 the company said it earned $0.11 per share in the previous quarter, 4 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/USD Down During The Asian Session

Posted: 24 Nov 2011 10:55 PM PST

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

EUR/USD was trading at 1.3317, down 0.23% at time of writing.

The pair was likely to find support at 1.3299, today's low, and resistance at 1.3568, Tuesday's high.

Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.07% to hit 0.8608 and EUR/JPY rising 0.09% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – GBP/USD Down In Asian Trade

Posted: 24 Nov 2011 10:25 PM PST

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

GBP/USD was trading at 1.5456, down 0.26% at time of writing.

The pair was likely to find support at 1.5448, today's low, and resistance at 1.5776, Monday's high.

Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.05% to hit 0.8610 and GBP/JPY rising 0.14% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/CHF Up In Asian Trading Hours

Posted: 24 Nov 2011 09:55 PM PST

Forexpros – The Euro was higher against the Swiss Franc on Friday.

EUR/CHF was trading at 1.2274, up 0.01% at time of writing.

The pair was likely to find support at 1.2256, Thursday's low, and resistance at 1.2415, Monday's high.

Meanwhile, the Euro was down against the U.S. Dollar and up against the Japanese Yen, with EUR/USD shedding 0.29% to hit 1.3309 and EUR/JPY rising 0.09% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – USD/CHF Up During Asian Trade

Posted: 24 Nov 2011 09:25 PM PST

Forexpros – The U.S. Dollar was higher against the Swiss Franc on Friday.

USD/CHF was trading at 0.9221, up 0.28% at time of writing.

The pair was likely to find support at 0.9108, Tuesday's low, and resistance at 0.9226, today's high.

Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.27% to hit 1.3312 and USD/JPY rising 0.38% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/GBP Down During The Asian Session

Posted: 24 Nov 2011 09:00 PM PST

Forexpros – The Euro was lower against the British Pound on Friday.

EUR/GBP was trading at 0.8612, down 0.02% at time of writing.

The pair was likely to find support at 0.8559, Monday's low, and resistance at 0.8665, Tuesday's high.

Meanwhile, the Euro was down against the U.S. Dollar and up against the Japanese Yen, with EUR/USD shedding 0.28% to hit 1.3310 and EUR/JPY rising 0.09% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Bear Market Contagion

Posted: 24 Nov 2011 08:58 PM PST

Thanksgiving week has been an ugly week for the markets, which isn't anything new since the entire year of 2011 has been a choppy mess.  The rally out of the October 4th low got many bulls' hopes up and calls for a "4th quarter rally" ran rampant on the financial blogosphere and on CNBC.  But despite a powerful countertrend rally that may have completed with a top on October 27th, stock markets across the world remain in structural bear markets.  From a Stage Analysis … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – USD/CAD Up In Asian Trading Hours

Posted: 24 Nov 2011 08:10 PM PST

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

USD/CAD was trading at 1.0488, up 0.16% at time of writing.

The pair was likely to find support at 1.0278, Monday's low, and resistance at 1.0497, Wednesday's high.

Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.31% to hit 1.3307 and GBP/USD falling 0.24% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


US Markets Absorb Tryptophan After Turkey Day

Posted: 24 Nov 2011 08:00 PM PST

11/24/2011 US markets will return from the holiday to a fairly quiet session. The NYSE, NYSE AMEX and Nasdaq will close early at 1 p.m. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


ND Oil Boom Creates A Boom In ND Millionaires

Posted: 24 Nov 2011 07:55 PM PST

BISMARCK, N.D. (AP) — “The number of North Dakotans reporting seven-figure incomes is swelling and incomes across the state are rising, spurred largely by wealth gained from the state’s oil patch, the state Tax Department said. Figures released to The Associated Press show 532 people reported adjusted gross income of more than $1 million on their 2010 individual tax returns, compared to 384 reporting that income on their 2009 returns, a 38.5 percent increase.

Tax Department analyst Kathy … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – AUD/USD Down During Asian Trade

Posted: 24 Nov 2011 07:30 PM PST

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

AUD/USD was trading at 0.9694, down 0.41% at time of writing.

The pair was likely to find support at 0.9664, Wednesday's low, and resistance at 0.9997, Monday's high.

Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.18% to hit 1.3738 and AUD/JPY falling 0.12% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/USD Down During The Asian Session

Posted: 24 Nov 2011 07:05 PM PST

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

EUR/USD was trading at 1.3321, down 0.20% at time of writing.

The pair was likely to find support at 1.3315, today's low, and resistance at 1.3568, Tuesday's high.

Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.02% to hit 0.8612 and EUR/JPY rising 0.12% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: Usd/cnh Found Some Resistance On The 100 MV

Posted: 24 Nov 2011 06:37 PM PST

usd/cnh found some resistance on the 100 day moving … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: Usd/sgd Continue To Trade Around The Top Of The Channel.

Posted: 24 Nov 2011 06:37 PM PST

usd/sgd contiune to trade in and out of this upward channel but still continue to trend … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/JPY Up During Asian Trade

Posted: 24 Nov 2011 06:35 PM PST

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

EUR/JPY was trading at 103.13, up 0.19% at time of writing.

The pair was likely to find support at 102.71, Thursday's low, and resistance at 104.36, Tuesday's high.

Earlier in the day, official data showed that Tokyo's core consumer price inflation fell unexpectedly to at annualized rate of -0.5% last month from -0.4% in the preceding month.

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


Forex – USD/JPY Up During The Asian Session

Posted: 24 Nov 2011 05:45 PM PST

Forexpros – The U.S. Dollar was higher against the Japanese Yen on Friday after the release of Japanese data on Tokyo Core CPI.

USD/JPY was trading at 77.43, up 0.41% at time of writing.

The pair was likely to find support at 76.77, Monday's low, and resistance at 77.58, Wednesday's high.

Earlier in the day, official data showed that Tokyo's core consumer price inflation fell unexpectedly to at annualized rate of -0.5% last month from -0.4% in the preceding month.

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


Daily FTSE Technical Update

Posted: 24 Nov 2011 08:32 AM PST

By ForexMansion.com
by, James A. Hyerczyk
The FTSE continued to weaken on Thursday under thin trading conditions because of the U.S. market holiday. The down move was a demonstration of the same orderly break that has taken place over the past 6 to 8 days. This systematic liquidation indicates that sentiment is clearly pointing down with the index clearly in the grasp of bearish traders.

As momentum and volatility expand so has the price range with the market trading at levels not seen since … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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