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

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• Forex – USD/JPY Up In European Trade
• Forex – EUR/USD Up In European Trading Hours
• Forex – GBP/USD Down During The European Session
• Forex – USD/CHF Up On Economic Data
• Switzerland’s Retail Sales Rise Less-than-expected
• Forex – EUR/GBP Up During The European Session
• Central Bank Of Kenya Hikes Rate 150bps To 18.00%
• Momentum Stock: Carters, Inc.
• Aggressive Growth Stock: CACI International
• Growth & Income Stock: PetSmart, Inc.
• Bull Of The Day: Berkshire Hathaway-B (BRK.B)
• Bear Of The Day: Arch Coal, Inc. (ACI)
• Forex – EUR/USD Up During The Asian Session
• Forex – GBP/USD Down In Asian Trade
• Forex – EUR/CHF Up In Asian Trading Hours
• Forex – USD/CHF Up During Asian Trade
• Forex – EUR/GBP Up During The Asian Session
• Forex – USD/JPY Up During Asian Trade
• Forex – USD/CAD Up In Asian Trading Hours
• Forex – AUD/USD Down During Asian Trade
• Forex – EUR/USD Up During The Asian Session
• Forex Trading: Usd/sgd 200 MV Continue To Support The Pair.
• Forex Trading: Usd/hkd Testing The 23.6%
• Forex – EUR/JPY Up During Asian Trade
• More Pot, Less Beer, And Fewer Traffic Fatalities
• Excluding Cash For Clunkers, November Car Sales Are The Highest Since June 2008, 2.5 Years Ago
• Forex – GBP/JPY Up During The Asian Session

Forex – USD/JPY Up In European Trade Posted: 02 Dec 2011 02:30 AM PST Forexpros – The U.S. Dollar was higher against the Japanese Yen on Friday. USD/JPY was trading at 77.87, up 0.22% at time of writing. The pair was likely to find support at 77.30, Wednesday's low, and resistance at 78.28, Tuesday's high. Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.18% to hit 1.3485 and GBP/USD falling 0.04% 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: 02 Dec 2011 01:55 AM PST Forexpros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.3488, up 0.20% at time of writing. The pair was likely to find support at 1.3260, Wednesday's low, and resistance at 1.3532, Wednesday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.16% to hit 0.8594 and EUR/JPY rising 0.38% 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: 02 Dec 2011 01:20 AM PST Forexpros – The British Pound was lower against the U.S. Dollar on Friday. GBP/USD was trading at 1.5674, down 0.10% at time of writing. The pair was likely to find support at 1.5459, Monday's low, and resistance at 1.5780, Wednesday's high. Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.27% to hit 0.8603 and GBP/JPY rising 0.05% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CHF Up On Economic Data Posted: 02 Dec 2011 12:30 AM PST Forexpros – The U.S. Dollar was higher against the Swiss Franc on Friday after the release of Swiss data on Retail Sales. USD/CHF was trading at 0.9162, up 0.05% at time of writing. The pair was likely to find support at 0.9066, Wednesday's low, and resistance at 0.9308, Monday's high. Earlier in the day, official data showed that Retail sales in Switzerland rose less-than-expected to a seasonally adjusted annual rate of -0.2% last month from -0.9% in the preceding month. Analysts had … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Switzerland’s Retail Sales Rise Less-than-expected Posted: 02 Dec 2011 12:25 AM PST Forexpros – Retail sales in Switzerland rose less-than-expected last month, official data showed on Friday. In a report, the Federal Statistics Bureau said that retail sales rose to a seasonally adjusted annual rate of -0.2%, from -0.9% in the preceding month. Analysts had expected retail sales to rise to 1.2% last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/GBP Up During The European Session Posted: 02 Dec 2011 12:00 AM PST Forexpros – The Euro was higher against the British Pound on Friday. EUR/GBP was trading at 0.8588, up 0.09% at time of writing. The pair was likely to find support at 0.8521, Wednesday's low, and resistance at 0.8610, Tuesday's high. Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.14% to hit 1.3480 and EUR/JPY rising 0.22% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Central Bank Of Kenya Hikes Rate 150bps To 18.00% Posted: 01 Dec 2011 11:38 PM PST The Central Bank of Kenya upped its benchmark lending rate by 150 basis points to 18.00% from 16.50% previously, and held the Cash Reserve Ratio at 5.25%.  The central bank Governor, Njuguna Ndung’u, said: “The Committee noted that although supply shocks continued to drive domestic prices upwards, demand driven inflation pressures arising from the growth of private sector credit continued to persist.  In addition, it was noted that there were exchange rate risks emanating … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Momentum Stock: Carters, Inc. Posted: 01 Dec 2011 11:00 PM PST Carters, Inc. (CRI) just surged into a new all-time high after reporting another strong quarter that came in ahead of expectations. With estimates on the rise and a bullish growth projection, this Zacks #1 Rank stock is another momentum pick out of retail. Company Description Carter’s, Inc., together with its subsidiaries, designs and sells branded children’s wear. The company was founded in 1865 and has a market cap of $2.35 billion. Carters was already up big on the year before strong Q3 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aggressive Growth Stock: CACI International Posted: 01 Dec 2011 11:00 PM PST CACI International, Inc. (CACI) continues to post better than expected earnings and estimates are up sharply. But shares remain a great value as well as a growth story. This Zacks #1 Rank (Strong Buy) is worth revisiting here. Company Description CACI offers professional and IT services for defense, intelligence, homeland security, and IT modernization and government transformation. Another Surprise Since being featured back in September, CACI has posted yet another earnings surprise, putting … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Growth & Income Stock: PetSmart, Inc. Posted: 01 Dec 2011 11:00 PM PST PetSmart, Inc. (NASDAQ:PETM) has an impressive growth trajectory, which is only improving, giving shares a Zacks #1 Rank (Strong Buy). Additionally, the stock pays a 1.2% dividend. Company Description PetSmart is a large retailer for, you guessed it, pet products and services like toys, food, medicine, pets themselves, grooming, and training. The company has over 1,200 stores in North America as well as an established online presence. Income Jumps 22% On Nov 16 PetSmart reported third-quarter … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bull Of The Day: Berkshire Hathaway-B (BRK.B) Posted: 01 Dec 2011 11:00 PM PST Berkshire Hathaway-B (BRK.B) reported its third quarter 2011 operating earnings of $1.54 per share up 36% year-over-year, led by higher operating income across all the business segments except Finance & Financial Products. Insurance, Railroad, Utilities and Energy, Manufacturing, Service and Retailing have performed well. Berkshire’s property and casualty insurance business has been the engine behind its growth. The company’s insurance business (which accounted for approximately 40% of its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bear Of The Day: Arch Coal, Inc. (ACI) Posted: 01 Dec 2011 11:00 PM PST Arch Coal, Inc.’s (NYSE:ACI) third quarter missed on account of the Midwestern flooding and the geological challenges in Appalachia. This was offset in part by improved metallurgical coal shipments and robust met coal pricing. Going forward, increased regulation and alternate energy sources, specifically natural gas, continue to be major risks for coal miners like Arch Coal. Though we believe the company is well-capitalized, low-cost operations provide a competitive edge over smaller players in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 01 Dec 2011 10:55 PM PST Forexpros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.3462, up 0.01% at time of writing. The pair was likely to find support at 1.3260, Wednesday's low, and resistance at 1.3532, Wednesday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.09% to hit 0.8588 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 Down In Asian Trade Posted: 01 Dec 2011 10:25 PM PST Forexpros – The British Pound was lower against the U.S. Dollar on Friday. GBP/USD was trading at 1.5681, down 0.05% at time of writing. The pair was likely to find support at 1.5459, Monday's low, and resistance at 1.5780, Wednesday's high. Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.07% to hit 0.8586 and GBP/JPY rising 0.06% 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: 01 Dec 2011 09:55 PM PST Forexpros – The Euro was higher against the Swiss Franc on Friday. EUR/CHF was trading at 1.2344, up 0.14% at time of writing. The pair was likely to find support at 1.2226, Wednesday's low, and resistance at 1.2365, Thursday's high. Meanwhile, the Euro was down against the U.S. Dollar and up against the Japanese Yen, with EUR/USD shedding 0.02% to hit 1.3458 and EUR/JPY rising 0.13% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CHF Up During Asian Trade Posted: 01 Dec 2011 09:25 PM PST Forexpros – The U.S. Dollar was higher against the Swiss Franc on Friday. USD/CHF was trading at 0.9172, up 0.17% at time of writing. The pair was likely to find support at 0.9066, Wednesday's low, and resistance at 0.9308, Monday's high. Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.01% to hit 1.3460 and USD/JPY rising 0.15% 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: 01 Dec 2011 09:00 PM PST Forexpros – The Euro was higher against the British Pound on Friday. EUR/GBP was trading at 0.8585, up 0.06% at time of writing. The pair was likely to find support at 0.8521, Wednesday's low, and resistance at 0.8610, Tuesday's high. Meanwhile, the Euro was down against the U.S. Dollar and up against the Japanese Yen, with EUR/USD shedding 0.03% to hit 1.3457 and EUR/JPY rising 0.09% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Up During Asian Trade Posted: 01 Dec 2011 08:35 PM PST Forexpros – The U.S. Dollar was higher against the Japanese Yen on Friday after the release of Japanese data on Capital Spending. USD/JPY was trading at 77.81, up 0.14% at time of writing. The pair was likely to find support at 77.30, Wednesday's low, and resistance at 78.28, Tuesday's high. Earlier in the day, official data showed that Capital spending by Japanese companies fell unexpectedly to an annual rate of -9.80% in the last quarter from -7.80% in the preceding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CAD Up In Asian Trading Hours Posted: 01 Dec 2011 08:10 PM PST Forexpros – The U.S. Dollar was higher against the Canadian Dollar on Friday. USD/CAD was trading at 1.0148, up 0.08% at time of writing. The pair was likely to find support at 1.0124, Wednesday's low, and resistance at 1.0432, Monday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.03% to hit 1.3457 and GBP/USD falling 0.09% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – AUD/USD Down During Asian Trade Posted: 01 Dec 2011 07:30 PM PST Forexpros – The Australian Dollar was lower against the U.S. Dollar on Friday. AUD/USD was trading at 1.0215, down 0.28% at time of writing. The pair was likely to find support at 0.9804, Monday's low, and resistance at 1.0329, Wednesday's high. Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.25% to hit 1.3174 and AUD/JPY falling 0.13% 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: 01 Dec 2011 07:05 PM PST Forexpros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.3469, up 0.06% at time of writing. The pair was likely to find support at 1.3260, Wednesday's low, and resistance at 1.3532, Wednesday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.13% to hit 0.8591 and EUR/JPY rising 0.23% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/sgd 200 MV Continue To Support The Pair. Posted: 01 Dec 2011 06:38 PM PST usd/sgd 200 moving average continue to support the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/hkd Testing The 23.6% Posted: 01 Dec 2011 06:38 PM PST usd/hkd testing the 23.6% on this daily … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/JPY Up During Asian Trade Posted: 01 Dec 2011 06:35 PM PST Forexpros – The Euro was higher against the Japanese Yen on Friday after the release of Japanese data on Capital Spending. EUR/JPY was trading at 104.88, up 0.26% at time of writing. The pair was likely to find support at 103.09, Monday's low, and resistance at 105.07, Thursday's high. Earlier in the day, official data showed that Capital spending by Japanese companies fell unexpectedly to an annual rate of -9.80% in the last quarter from -7.80% in the preceding quarter. Analysts had … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

More Pot, Less Beer, And Fewer Traffic Fatalities Posted: 01 Dec 2011 06:07 PM PST Here’s an interesting study titled “Medical Marijuana Laws, Traffic Fatalities, and Alcohol Consumption,” by economists D. Mark Anderson and Daniel Rees.  This is the abstract: “To date, 16 states have passed medical marijuana laws, yet very little is known about their effects. Using state-level data, we examine the relationship between medical marijuana laws and a variety of outcomes. Legalization of medical marijuana is associated with increased use of marijuana among adults, but not … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Excluding Cash For Clunkers, November Car Sales Are The Highest Since June 2008, 2.5 Years Ago Posted: 01 Dec 2011 05:47 PM PST Auto sales were released today by Autodata, and excluding the artificially high “cash for clunker” month of August 2009,  light vehicles sales in November were the strongest in any month since June 2008, almost two and-a-half years ago (see chart above).  On a seasonally adjusted annual rate, 13.63 million cars were sold last month, which was an 11% gain from the same month last year and almost a 3% improvement from October.  Sales gains for November were led by Chrysler, which … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/JPY Up During The Asian Session Posted: 01 Dec 2011 05:45 PM PST Forexpros – The British Pound was higher against the Japanese Yen on Friday after the release of Japanese data on Capital Spending. GBP/JPY was trading at 122.11, up 0.17% at time of writing. The pair was likely to find support at 120.08, Monday's low, and resistance at 122.52, Wednesday's high. Earlier in the day, official data showed that Capital spending by Japanese companies fell unexpectedly to an annual rate of -9.80% in the last quarter from -7.80% in the preceding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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