Friday, December 23, 2011

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

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


Forex – USD/JPY Down In European Trade

Posted: 23 Dec 2011 02:30 AM PST

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

USD/JPY was trading at 78.04, down 0.17% at time of writing.

The pair was likely to find support at 77.69, Wednesday's low, and resistance at 78.23, today's high.

Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.21% to hit 1.3078 and GBP/USD rising 0.02% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/USD Up In European Trading Hours

Posted: 23 Dec 2011 01:55 AM PST

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

EUR/USD was trading at 1.3066, up 0.11% at time of writing.

The pair was likely to find support at 1.2983, Monday's low, and resistance at 1.3196, Wednesday's high.

Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.16% to hit 0.8337 and EUR/JPY falling 0.05% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – GBP/USD Up During The European Session

Posted: 23 Dec 2011 01:10 AM PST

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

GBP/USD was trading at 1.5696, up 0.12% at time of writing.

The pair was likely to find support at 1.5466, Monday's low, and resistance at 1.5774, Wednesday's high.

Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.05% to hit 0.8328 and GBP/JPY falling 0.05% 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: 23 Dec 2011 12:15 AM PST

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

EUR/GBP was trading at 0.8332, up 0.10% at time of writing.

The pair was likely to find support at 0.8303, Wednesday's low, and resistance at 0.8416, Monday's high.

Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.24% to hit 1.3082 and EUR/JPY rising 0.08% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Bull Of The Day: American Eagle Outfitters (AEO)

Posted: 22 Dec 2011 11:05 PM PST

A solid comparable-store sales performance helped American Eagle Outfitters (NYSE:AEO) to register strong top-line growth of 10.7% during third-quarter 2011. American Eagle leverages its sturdy line of well-established brands and their premium positioning to uphold its unique niche in the specialty retailing sector.
Moreover, the company’s cost-saving initiatives and long-term growth strategy will not only provide financial flexibility but will also help to drive value proposition. Further, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Aggressive Growth Stock: Coleman Cable

Posted: 22 Dec 2011 11:05 PM PST

Coleman Cable (NASDAQ:CCIX) sees new coverage following significant earnings surprise.
Company Description
Coleman Cable, Inc. makes electrical and electronic wire and cable products for many different markets with both commercial and retail uses.
Strong Earnings
Coleman Cable reported a strong upside surprise in the most recent quarter, topping consensus estimates by $0.13. The stock traded sideways since a small bounce following the report and added coverage by a new analyst.
Looking ahead to the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Bear Of The Day: ReneSola Ltd.

Posted: 22 Dec 2011 11:05 PM PST

ReneSola Ltd.’s (NYSE:SOL) significant presence in the solar module original equipment manufacturing (OEM) market is currently slated to underperform, owing to Europe’s challenging financing environment. The near-term valuation of the company will be adversely impacted by tepid solar products demand in Europe (especially Germany).
Rising competition, credit risk from its customers, oversupply glut of solar wafer and modules in the market, and the company’s high R&D expenses are our reasons … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Momentum Stock: Whole Foods, Inc.

Posted: 22 Dec 2011 11:05 PM PST

Whole Foods, Inc. (WFM) has been a top growth story for the last few years, with shares more than doubling in price after recently topping off above $70. With another good quarter in hand and a bullish growth projection, this Zacks #2 Rank stock is a fresh take on momentum.
Company Description
Whole Foods, Inc owns and operates natural and organic food supermarkets in the United States, Canada and the United Kingdom. The company was founded in 1978 and has a market cap of $12.3 billion.
Whole … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Growth & Income Stock: Cintas Corporation

Posted: 22 Dec 2011 11:05 PM PST

Cintas Corporation (NASDAQ:CTAS) carried its momentum into the second quarter of its fiscal 2012 and delivered an outstanding 19% EPS beat on solid organic revenue growth.
Management also raised its 2012 guidance, prompting analysts to revise their estimates higher for both this year and next. It is a Zacks #2 Rank (Buy).
On top of strong earnings growth potential, the company also pays a dividend that yields a solid 1.5%.
Company Description
Cintas Corporation provides uniforms, restroom supplies, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/USD Up During The Asian Session

Posted: 22 Dec 2011 10:55 PM PST

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

EUR/USD was trading at 1.3087, up 0.28% at time of writing.

The pair was likely to find support at 1.2983, Monday's low, and resistance at 1.3196, Wednesday's high.

Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.15% to hit 0.8336 and EUR/JPY rising 0.13% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – GBP/USD Up In Asian Trade

Posted: 22 Dec 2011 10:25 PM PST

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

GBP/USD was trading at 1.5691, up 0.08% at time of writing.

The pair was likely to find support at 1.5466, Monday's low, and resistance at 1.5774, Wednesday's high.

Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.08% to hit 0.8331 and GBP/JPY falling 0.01% 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: 22 Dec 2011 09:55 PM PST

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

EUR/CHF was trading at 1.2220, up 0.02% at time of writing.

The pair was likely to find support at 1.2165, Tuesday's low, and resistance at 1.2243, Thursday's high.

Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.13% to hit 1.3068 and EUR/JPY rising 0.02% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Oil Set To Rise On Seasonal Flows, Gold Near-Term Outlook Clouded

Posted: 22 Dec 2011 09:50 PM PST

Talking Points

Crude Oil Poised to Extend Gains Amid Seasonal Profit-Taking
Gold Near-Term Outlook Clouded, Overall Bias Favors Losses

WTI Crude Oil (NY Close): $99.53 // +0.86 // +0.87%
Crude oil prices appear poised to continue higher as S&P 500 stock index futures advance, suggesting the corrective unwinding of bets on risk aversion amid year-end profit-taking is set to continue.A supportive set of second-tier US economic indicators promises to reinforce this dynamic.
Durable Goods … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – USD/CHF Down During Asian Trade

Posted: 22 Dec 2011 09:25 PM PST

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

USD/CHF was trading at 0.9350, down 0.12% at time of writing.

The pair was likely to find support at 0.9246, Wednesday's low, and resistance at 0.9400, Thursday's high.

Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.12% to hit 1.3067 and USD/JPY falling 0.08% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/GBP Up During The Asian Session

Posted: 22 Dec 2011 09:00 PM PST

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

EUR/GBP was trading at 0.8332, up 0.10% at time of writing.

The pair was likely to find support at 0.8303, Wednesday's low, and resistance at 0.8416, Monday's high.

Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.14% to hit 1.3069 and EUR/JPY rising 0.06% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Candidate Match Game

Posted: 22 Dec 2011 08:56 PM PST

Play the candidate match game here: Answer questions about 11 different political issues to see which candidate is most like … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Central Bank Of Turkey Holds Repo Rate At 5.75%

Posted: 22 Dec 2011 08:47 PM PST

The Central Bank of the Republic of Turkey kept its benchmark 1-week repo rate unchanged at 5.75%.  The Bank said: “The Committee has indicated that tight monetary policy should be maintained for a while in order to keep inflation outlook consistent with the medium term targets. However, given the prevailing uncertainties regarding global economy, it would be appropriate to preserve the flexibility of monetary policy. Therefore, the impact of the measures undertaken on credit, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – USD/JPY Down During Asian Trade

Posted: 22 Dec 2011 08:35 PM PST

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

USD/JPY was trading at 78.11, down 0.08% at time of writing.

The pair was likely to find support at 77.69, Wednesday's low, and resistance at 78.23, today's high.

Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.16% to hit 1.3072 and GBP/USD rising 0.05% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – USD/CAD Down In Asian Trading Hours

Posted: 22 Dec 2011 08:10 PM PST

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

USD/CAD was trading at 1.0204, down 0.02% at time of writing.

The pair was likely to find support at 1.0201, today's low, and resistance at 1.0415, Monday's high.

Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.17% to hit 1.3073 and GBP/USD rising 0.07% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – AUD/USD Up During Asian Trade

Posted: 22 Dec 2011 07:30 PM PST

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

AUD/USD was trading at 1.0173, up 0.42% at time of writing.

The pair was likely to find support at 0.9884, Monday's low, and resistance at 1.0219, Wednesday's high.

Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.28% to hit 1.2848 and AUD/JPY rising 0.32% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/USD Up During The Asian Session

Posted: 22 Dec 2011 07:05 PM PST

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

EUR/USD was trading at 1.3074, up 0.17% at time of writing.

The pair was likely to find support at 1.2983, Monday's low, and resistance at 1.3196, Wednesday's high.

Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.05% to hit 0.8328 and EUR/JPY rising 0.06% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/JPY Up During Asian Trade

Posted: 22 Dec 2011 06:35 PM PST

Forexpros – The Euro was higher against the Japanese Yen on Friday.

EUR/JPY was trading at 102.06, up 0.04% at time of writing.

The pair was likely to find support at 101.28, Monday's low, and resistance at 102.53, Wednesday's high.

Meanwhile, the Euro was up against the U.S. Dollar and the British Pound, with EUR/USD gaining 0.12% to hit 1.3067 and EUR/GBP rising 0.06% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – GBP/JPY Down During The Asian Session

Posted: 22 Dec 2011 05:45 PM PST

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

GBP/JPY was trading at 122.54, down 0.01% at time of writing.

The pair was likely to find support at 120.53, Monday's low, and resistance at 122.77, Thursday's high.

Meanwhile, the British Pound was up against the U.S. Dollar and down against the Euro, with GBP/USD gaining 0.02% to hit 1.5680 and EUR/GBP rising 0.08% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/USD Up In Asian Trade

Posted: 22 Dec 2011 05:05 PM PST

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

EUR/USD was trading at 1.3059, up 0.06% at time of writing.

The pair was likely to find support at 1.2983, Monday's low, and resistance at 1.3196, Wednesday's high.

Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.08% to hit 0.8331 and EUR/JPY rising 0.10% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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