DailyMarkets.com - Forex – GBP/USD Down On Economic Data

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• Forex – GBP/USD Down On Economic Data
• U.K. Retail Sales Rise
• Forex – EUR/USD Down During The European Session
• Forex – EUR/GBP Down During The European Session
• Asian Markets Close Higher; Nikkei Up 1.47%
• Growth & Income Stock: Limited Brands, Inc.
• Bull Of The Day: Western Union Co. (WU)
• Momentum Stock: Discovery Communications
• Bear Of The Day: ICICI Bank Ltd.
• Aggressive Growth Stock: Sturm, Ruger & Co
• 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 Up During Asian Trade
• Forex – EUR/GBP Down During The Asian Session
• Forex – USD/JPY Down During Asian Trade
• Forex – USD/CAD Up In Asian Trading Hours
• Revisiting Housing And Banking With A New Ending
• Forex – AUD/USD Down During Asian Trade
• Public Service Announcement
• Forex – EUR/USD Down During The Asian Session
• Cartoon Of The Day
• Forex – EUR/JPY Down During Asian Trade
• Forex Trading: Usd/hkd Bounced Off The 38.2% And Moved Lower.
• Forex Trading: Usd/sgd Breaks Through Of A Daily Wedge.
• Forex – GBP/JPY Up During The Asian Session
• Forex – EUR/USD Down In Asian Trade

Forex – GBP/USD Down On Economic Data Posted: 20 Jan 2012 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 Retail Sales. GBP/USD was trading at 1.5460, down 0.19% at time of writing. The pair was likely to find support at 1.5283, Monday's low, and resistance at 1.5501, today's high. Earlier in the day, official data showed that retail sales in the U.K. rose to a seasonally adjusted 0.6% last month, from -0.4% in the preceding month. Analysts had expected retail sales to rise 0.6% … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.K. Retail Sales Rise Posted: 20 Jan 2012 01:40 AM PST Forexpros – Retail sales in the U.K. rose last month, official data showed on Friday. In a report, U.K. Office for National Statistics said that retail sales rose to 0.6%, from -0.4% in the preceding month . Analysts had expected retail sales to rise 0.6% last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Down During The European Session Posted: 20 Jan 2012 01:00 AM PST Forexpros – The Euro was lower against the U.S. Dollar on Friday. EUR/USD was trading at 1.2929, down 0.31% at time of writing. The pair was likely to find support at 1.2626, Monday's low, and resistance at 1.2986, today's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.20% to hit 0.8357 and EUR/JPY falling 0.13% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/GBP Down During The European Session Posted: 20 Jan 2012 12:15 AM PST Forexpros – The Euro was lower against the British Pound on Friday. EUR/GBP was trading at 0.8363, down 0.13% at time of writing. The pair was likely to find support at 0.8255, Monday's low, and resistance at 0.8378, today's high. Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.16% to hit 1.2948 and EUR/JPY falling 0.03% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Asian Markets Close Higher; Nikkei Up 1.47% Posted: 19 Jan 2012 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 1.47%, Australia's S&P/ASX 200 index gained 0.59%, while Hong Kong's Hang Seng Index was trading 0.54% up. Meanwhile, the outlook for U.S. equity markets was mixed. Dow Jones Industrial Average futures indicated a gain of 0.17%, S&P 500 futures pointed to a decrease of 0.00% and Nasdaq 100 futures indicated a fall of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Growth & Income Stock: Limited Brands, Inc. Posted: 19 Jan 2012 11:05 PM PST Limited Brands, Inc. (NYSE:LTD) continues to deliver better-than-expected results in a challenging retail environment. The company delivered its 5th consecutive positive earnings surprise in November and a solid 7% increase in same-store sales for the month of December. And analysts have been steadily increasing their estimates over the last several months. It is a Zacks #2 Rank (Buy). Limited Brands is a specialty retailer that primarily operates the well-known Victoria’s Secret and Bath & … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bull Of The Day: Western Union Co. (WU) Posted: 19 Jan 2012 11:05 PM PST We are reiterating our recommendation on the shares of Western Union Co. (NYSE:WU) at Outperform prior to its fourth quarter earnings release slated on February 7, 2012. For the first nine months of 2011, Western Union has shown a solid earnings performance. In our view, the company is poised for long-term growth, which is validated by the combination of demographic trends, new market opportunities and its advantages of scale. Several new initiatives like B2B, prepaid, banking, mobile and wu.com … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Momentum Stock: Discovery Communications Posted: 19 Jan 2012 11:05 PM PST Discovery Communications (DISCA) What if you could touch 1.5 billion people in over 200 countries with your content?  Discovery Communications is the world's number one non-fiction media company that does just that!  Did I mention it's growing at a breakneck pace?  Since you probably watch their productions, you might want to watch the stock. They are the original “reality” TV network.  Company Description & Developments Not only does Discovery Communications own … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bear Of The Day: ICICI Bank Ltd. Posted: 19 Jan 2012 11:05 PM PST We are downgrading our recommendation on ICICI Bank Ltd. (NYSE:IBN) to Underperform primarily on rising operating expenses. Net earnings for the second quarter of fiscal 2012 increased, but a substantial increase in operating expenses was the headwind. We anticipate continued synergies from the company’s increased dependence on domestic loans, an almost stable funding base and market leadership in the insurance business. However, we are concerned about ICICI’s highly competitive operating … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aggressive Growth Stock: Sturm, Ruger & Co Posted: 19 Jan 2012 11:05 PM PST Strum, Ruger & Co. (RGR) is on target and sales have shot up, making the stock a Zacks #1 Rank (Strong Buy). Company Description Sturm, Ruger makes firearms for the commercial sporting market in the U.S. Products include rifles, pistols, shotguns, and accessories. The company also makes steel alloy castings for commercial, sporting goods, and military customers. Earnings Surprises RGR has beat the Zacks Consensus Estimate in six of the last six quarters, with the beats getting significantly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 19 Jan 2012 10:55 PM PST Forexpros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.2972, up 0.02% at time of writing. The pair was likely to find support at 1.2626, Monday's low, and resistance at 1.2981, today's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.001% to hit 0.8374 and EUR/JPY rising 0.06% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Up In Asian Trade Posted: 19 Jan 2012 10:25 PM PST Forexpros – The British Pound was higher against the U.S. Dollar on Friday. GBP/USD was trading at 1.5496, up 0.04% at time of writing. The pair was likely to find support at 1.5283, Monday's low, and resistance at 1.5498, today's high. Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.01% to hit 0.8375 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 Down In Asian Trading Hours Posted: 19 Jan 2012 09:55 PM PST Forexpros – The Euro was lower against the Swiss Franc on Friday. EUR/CHF was trading at 1.2086, down 0.01% at time of writing. The pair was likely to find support at 1.2067, Monday's low, and resistance at 1.2141, Wednesday'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 1.2966 and EUR/JPY rising 0.01% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CHF Up During Asian Trade Posted: 19 Jan 2012 09:25 PM PST Forexpros – The U.S. Dollar was higher against the Swiss Franc on Friday. USD/CHF was trading at 0.9324, up 0.03% at time of writing. The pair was likely to find support at 0.9317, Thursday's low, and resistance at 0.9574, Monday's high. Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.03% to hit 1.2965 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 Down During The Asian Session Posted: 19 Jan 2012 09:00 PM PST Forexpros – The Euro was lower against the British Pound on Friday. EUR/GBP was trading at 0.8371, down 0.04% at time of writing. The pair was likely to find support at 0.8255, Monday's low, and resistance at 0.8376, Thursday's high. Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.04% to hit 1.2963 and EUR/JPY falling 0.05% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Down During Asian Trade Posted: 19 Jan 2012 08:35 PM PST Forexpros – The U.S. Dollar was lower against the Japanese Yen on Friday. USD/JPY was trading at 77.08, down 0.03% at time of writing. The pair was likely to find support at 76.56, Tuesday's low, and resistance at 77.32, Thursday's high. Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.02% to hit 1.2966 and GBP/USD rising 0.01% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CAD Up In Asian Trading Hours Posted: 19 Jan 2012 08:10 PM PST Forexpros – The U.S. Dollar was higher against the Canadian Dollar on Friday. USD/CAD was trading at 1.0133, up 0.24% at time of writing. The pair was likely to find support at 1.0071, Thursday's low, and resistance at 1.0252, Monday's high. Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.02% to hit 1.2966 and GBP/USD rising 0.01% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Revisiting Housing And Banking With A New Ending Posted: 19 Jan 2012 07:55 PM PST There was much conversation today about how the housing and banking industry was leading the market higher ….. which reminded me of a post I made close to a year ago on May 11, 2011 entitled "Homebuilders and Financials: The … Continue reading … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – AUD/USD Down During Asian Trade Posted: 19 Jan 2012 07:30 PM PST Forexpros – The Australian Dollar was lower against the U.S. Dollar on Friday. AUD/USD was trading at 1.0407, down 0.12% at time of writing. The pair was likely to find support at 1.0254, Monday's low, and resistance at 1.0450, Tuesday's high. Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.05% to hit 1.2454 and AUD/JPY falling 0.15% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Public Service Announcement Posted: 19 Jan 2012 07:05 PM PST For those individuals who prefer the kinds of “insights” that mainstream “experts” typically dole out, here’s a cheaper and more reliable source of assistance: the Random Financial Advice Generator (click image to see more): (Hat tip to The Big Picture.) Alternatively, you can simply click on the following (via … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards This posting includes an audio/video/photo media file: Download Now

Forex – EUR/USD Down During The Asian Session Posted: 19 Jan 2012 07:05 PM PST Forexpros – The Euro was lower against the U.S. Dollar on Friday. EUR/USD was trading at 1.2960, down 0.07% at time of writing. The pair was likely to find support at 1.2626, Monday's low, and resistance at 1.2972, Thursday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.06% to hit 0.8369 and EUR/JPY falling 0.10% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Cartoon Of The Day Posted: 19 Jan 2012 06:35 PM PST … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/JPY Down During Asian Trade Posted: 19 Jan 2012 06:35 PM PST Forexpros – The Euro was lower against the Japanese Yen on Friday. EUR/JPY was trading at 99.89, down 0.11% at time of writing. The pair was likely to find support at 97.04, Monday's low, and resistance at 100.06, Thursday's high. Meanwhile, the Euro was down against the U.S. Dollar and the British Pound, with EUR/USD shedding 0.08% to hit 1.2959 and EUR/GBP falling 0.08% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/hkd Bounced Off The 38.2% And Moved Lower. Posted: 19 Jan 2012 06:22 PM PST usd/hkd bounced off the 38.2% and moved … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/sgd Breaks Through Of A Daily Wedge. Posted: 19 Jan 2012 06:22 PM PST usd/sgd breaks through of a daily … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/JPY Up During The Asian Session Posted: 19 Jan 2012 05:45 PM PST Forexpros – The British Pound was higher against the Japanese Yen on Friday. GBP/JPY was trading at 119.48, up 0.04% at time of writing. The pair was likely to find support at 117.39, Monday's low, and resistance at 119.73, Thursday's high. Meanwhile, the British Pound was up against the U.S. Dollar and the Euro, with GBP/USD gaining 0.02% to hit 1.5492 and EUR/GBP falling 0.06% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Down In Asian Trade Posted: 19 Jan 2012 05:05 PM PST Forexpros – The Euro was lower against the U.S. Dollar on Friday. EUR/USD was trading at 1.2958, down 0.08% at time of writing. The pair was likely to find support at 1.2626, Monday's low, and resistance at 1.2972, Thursday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.08% to hit 0.8367 and EUR/JPY falling 0.03% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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