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

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• Forex – USD/JPY Up In European Trade
• Crude Oil, Gold To Rise As US Dollar Succumbs To Profit-Taking
• Forex – EUR/USD Up In European Trading Hours
• Forex – GBP/USD Up During The European Session
• Forex – EUR/GBP Up During The European Session
• Swiss National Bank Maintains Monetary, Currency Policy
• Asian Markets Close Higher; Nikkei Up 0.29%
• Bull Of The Day: Macy's, Inc. (M)
• Bear Of The Day: Meritor, Inc. (MTOR)
• Aggressive Growth Stock: Oil States International, Inc.
• Growth & Income Stock: American Campus Communities, Inc.
• Momentum Stock: Treehouse Foods, Inc.
• Forex – EUR/USD Up During The Asian Session
• Forex – GBP/USD Up In Asian Trade
• Forex – EUR/CHF Down In Asian Trading Hours
• Forex – USD/CHF Down During Asian Trade
• Forex – EUR/GBP Up During The Asian Session
• Forex – USD/JPY Up During Asian Trade
• Forex Trading: USDCNH Finds Support At Trending 21day MAVG
• Forex – USD/CAD Down In Asian Trading Hours
• Forex – AUD/USD Up During Asian Trade
• Forex – EUR/USD Up During The Asian Session
• Cheap Abundant Shale Gas Could Help Spark A U.S. Manufacturing Renaissance, And Create 1m Jobs
• Forex – EUR/JPY Up During Asian Trade
• Forex Trading: USDHKD Ranging
• Forex – GBP/JPY Up During The Asian Session
• Forex – EUR/USD Up In Asian Trade

Forex – USD/JPY Up In European Trade Posted: 16 Dec 2011 02:30 AM PST Forexpros – The U.S. Dollar was higher against the Japanese Yen on Friday. USD/JPY was trading at 77.88, up 0.04% at time of writing. The pair was likely to find support at 77.59, Monday's low, and resistance at 78.16, Wednesday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.16% to hit 1.3037 and GBP/USD rising 0.10% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Oil, Gold To Rise As US Dollar Succumbs To Profit-Taking Posted: 16 Dec 2011 02:24 AM PST Talking Points Crude Oil Likely to Rise as Risky Assets Rebound into Year-End Gold, Silver Positioned to Capitalize on Corrective Dollar Weakness WTI Crude Oil (NY Close): $93.87 // -1.08 // -1.14% Crude oil prices are on the upswing amid a broad-based recovery in risk appetite in European trading hours and S&P 500 stock index futures are ticking higher to hint more of the same is on tap as Wall Street comes online. The move appears to owe to seasonal factors as corrective profit-taking … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up In European Trading Hours Posted: 16 Dec 2011 01:55 AM PST Forexpros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.3032, up 0.12% at time of writing. The pair was likely to find support at 1.2947, Wednesday's low, and resistance at 1.3377, Monday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.05% to hit 0.8394 and EUR/JPY rising 0.15% 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: 16 Dec 2011 01:10 AM PST Forexpros – The British Pound was higher against the U.S. Dollar on Friday. GBP/USD was trading at 1.5533, up 0.12% at time of writing. The pair was likely to find support at 1.5410, Wednesday's low, and resistance at 1.5658, Monday's high. Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.001% to hit 0.8390 and GBP/JPY rising 0.16% 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: 16 Dec 2011 12:15 AM PST Forexpros – The Euro was higher against the British Pound on Friday. EUR/GBP was trading at 0.8391, up 0.01% at time of writing. The pair was likely to find support at 0.8374, Wednesday's low, and resistance at 0.8554, Monday'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 1.3013 and EUR/JPY rising 0.09% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Swiss National Bank Maintains Monetary, Currency Policy Posted: 15 Dec 2011 11:40 PM PST The Swiss National Bank held its target for the 3-month franc LIBOR unchanged at 0-0.25 percent, and reaffirmed its commitment to the EURCHF 1.20 floor set on the 6th of September.  The Bank said it “will continue to enforce the minimum exchange rate of CHF 1.20 per euro with the utmost determination. It is prepared to buy foreign currency in unlimited quantities… Even at the current rate, the Swiss franc is still high and should continue to weaken over time. The SNB … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Asian Markets Close Higher; Nikkei Up 0.29% Posted: 15 Dec 2011 11:10 PM PST Forexpros – Asian stocks were up after the closing bell on Friday. At the close of Asian trade, Japan's Nikkei 225 index rose 0.29%, Australia's S&P/ASX 200 index gained 0.47%, while Hong Kong's Hang Seng Index was trading 1.50% up. Meanwhile, the outlook for U.S. equity markets was upbeat. Dow Jones Industrial Average futures indicated a gain of 0.73%, S&P 500 futures pointed to an increase of 0.90% and Nasdaq 100 futures indicated a rise of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bull Of The Day: Macy's, Inc. (M) Posted: 15 Dec 2011 11:00 PM PST Macy, Inc.’s (NYSE:M) has been taking prudent steps to increase sales, profitability and cash flows. These include integration of operations, consolidation of divisions and customer-centric localization initiatives. To help drive traffic, Macy’s continues to focus on price optimization, inventory management and merchandise planning. These help the company to deliver better-than-expected third-quarter 2011 results. The quarterly earnings of $0.32 per share beat the Zacks Consensus Estimate of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bear Of The Day: Meritor, Inc. (MTOR) Posted: 15 Dec 2011 11:00 PM PST Meritor, Inc. (MTOR) is a globally recognized automotive parts supplier. However, the company has high customer concentration, which implies limited scope for margin expansion. Further, the recent turmoil in the global economy is expected to continue to mar its results. We are also disappointed about Meritor’s deteriorating cash flow. Although the company’s fiscal fourth quarter profit was ahead of the Zacks Consensus Estimate by $0.19 per share, we remain concerned about its long-term … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aggressive Growth Stock: Oil States International, Inc. Posted: 15 Dec 2011 11:00 PM PST Drill, baby, drill. Oil States International, Inc. (NYSE:OIS) is still on track to grow earnings by the double digits in both 2011 and 2012 as drilling remains strong. Shares of this Zacks #2 Rank (buy) have bounced back from the summer sell-off but still trade with attractive valuations. Oil States has two major divisions: Offshore Products and Well Site Services. Offshore Products manufactures deepwater capital equipment which is used on floating production platforms, subsea pipelines and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Growth & Income Stock: American Campus Communities, Inc. Posted: 15 Dec 2011 11:00 PM PST American Campus Communities, Inc. (NYSE:ACC) recently delivered its third consecutive positive earnings surprise on higher occupancy and rental rates. This prompted analysts to raise their estimates, sending the stock to a Zacks #2 Rank (Buy). Based on consensus estimates, analysts expect strong growth from ACC over the next few years. On top of this, the company pays a dividend that yields an attractive 3.4%. Growth & Defense American Campus Communities is a real estate investment trust … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Momentum Stock: Treehouse Foods, Inc. Posted: 15 Dec 2011 11:00 PM PST Treehouse Foods, Inc. (THS) has traded strong in the choppy market of the last few months, recently hitting a new all-time high on strong Q3 results from November. That and a bullish growth projection have provided plenty of momentum for this Zacks #1 Rank stock. Company Description TreeHouse Foods, Inc. operates as a food manufacturing company servicing retail grocery and food service distribution channels in the United States and Canada. The company was founded in 1862 and has a market cap of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 15 Dec 2011 10:55 PM PST Forexpros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.3026, up 0.08% at time of writing. The pair was likely to find support at 1.2947, Wednesday's low, and resistance at 1.3377, Monday's high. Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.01% to hit 0.8389 and EUR/JPY rising 0.10% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Up In Asian Trade Posted: 15 Dec 2011 10:25 PM PST Forexpros – The British Pound was higher against the U.S. Dollar on Friday. GBP/USD was trading at 1.5527, up 0.07% at time of writing. The pair was likely to find support at 1.5410, Wednesday's low, and resistance at 1.5658, Monday's high. Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.001% to hit 0.8390 and GBP/JPY rising 0.13% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/CHF Down In Asian Trading Hours Posted: 15 Dec 2011 09:55 PM PST Forexpros – The Euro was lower against the Swiss Franc on Friday. EUR/CHF was trading at 1.2229, down 0.04% at time of writing. The pair was likely to find support at 1.2224, today's low, and resistance at 1.2398, Thursday's high. Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.11% to hit 1.3030 and EUR/JPY rising 0.14% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CHF Down During Asian Trade Posted: 15 Dec 2011 09:25 PM PST Forexpros – The U.S. Dollar was lower against the Swiss Franc on Friday. USD/CHF was trading at 0.9385, down 0.15% at time of writing. The pair was likely to find support at 0.9249, Monday's low, and resistance at 0.9548, Thursday's high. Meanwhile, the U.S. Dollar was down against the Euro and up against the Japanese Yen, with EUR/USD gaining 0.11% to hit 1.3030 and USD/JPY rising 0.04% 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: 15 Dec 2011 09:00 PM PST Forexpros – The Euro was higher against the British Pound on Friday. EUR/GBP was trading at 0.8396, up 0.07% at time of writing. The pair was likely to find support at 0.8374, Wednesday's low, and resistance at 0.8554, Monday's high. Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.16% to hit 1.3037 and EUR/JPY rising 0.20% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Up During Asian Trade Posted: 15 Dec 2011 08:35 PM PST Forexpros – The U.S. Dollar was higher against the Japanese Yen on Friday. USD/JPY was trading at 77.88, up 0.03% at time of writing. The pair was likely to find support at 77.59, Monday's low, and resistance at 78.16, Wednesday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.13% to hit 1.3034 and GBP/USD rising 0.06% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USDCNH Finds Support At Trending 21day MAVG Posted: 15 Dec 2011 08:33 PM PST … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CAD Down In Asian Trading Hours Posted: 15 Dec 2011 08:10 PM PST Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Friday. USD/CAD was trading at 1.0318, down 0.31% at time of writing. The pair was likely to find support at 1.0186, Monday's low, and resistance at 1.0424, Wednesday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.12% to hit 1.3031 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: 15 Dec 2011 07:30 PM PST Forexpros – The Australian Dollar was higher against the U.S. Dollar on Friday. AUD/USD was trading at 0.9976, up 0.37% at time of writing. The pair was likely to find support at 0.9862, Thursday's low, and resistance at 1.0208, Monday's high. Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.39% to hit 1.3071 and AUD/JPY rising 0.39% 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: 15 Dec 2011 07:05 PM PST Forexpros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.3038, up 0.17% at time of writing. The pair was likely to find support at 1.2947, Wednesday's low, and resistance at 1.3377, Monday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.02% to hit 0.8392 and EUR/JPY rising 0.20% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Cheap Abundant Shale Gas Could Help Spark A U.S. Manufacturing Renaissance, And Create 1m Jobs Posted: 15 Dec 2011 07:04 PM PST PricewaterhouseCoopers — “The abundance of shale gas resources may spark a U.S. manufacturing renaissance with economic benefits that include cost savings, greater investments to expand U.S. manufacturing facilities and increased levels of employment, according to a new report released today by PwC titled, "Shale Gas: A renaissance in US manufacturing?" To achieve these results, however, PwC says that manufacturers must help manage the environmental, regulatory and tax concerns created by … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/JPY Up During Asian Trade Posted: 15 Dec 2011 06:35 PM PST Forexpros – The Euro was higher against the Japanese Yen on Friday. EUR/JPY was trading at 101.51, up 0.18% at time of writing. The pair was likely to find support at 101.06, Thursday's low, and resistance at 103.87, Monday's high. Meanwhile, the Euro was up against the U.S. Dollar and the British Pound, with EUR/USD gaining 0.14% to hit 1.3034 and EUR/GBP rising 0.04% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USDHKD Ranging Posted: 15 Dec 2011 06:33 PM PST The USDHKD pair has moved up former trendline support that has acted as resistance. The pair continues to range between the 38.2% – 61.8% and a break above the 100day/61.8%/trendline could give the pair an opportunity to test the November highs before … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/JPY Up During The Asian Session Posted: 15 Dec 2011 05:45 PM PST Forexpros – The British Pound was higher against the Japanese Yen on Friday. GBP/JPY was trading at 120.97, up 0.15% at time of writing. The pair was likely to find support at 120.30, Wednesday's low, and resistance at 121.80, Monday's high. Meanwhile, the British Pound was up against the U.S. Dollar and down against the Euro, with GBP/USD gaining 0.14% to hit 1.5536 and EUR/GBP rising 0.04% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up In Asian Trade Posted: 15 Dec 2011 05:05 PM PST Forexpros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.3039, up 0.18% at time of writing. The pair was likely to find support at 1.2947, Wednesday's low, and resistance at 1.3377, Monday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.06% to hit 0.8395 and EUR/JPY rising 0.17% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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