DailyMarkets.com - Forex Trading: Euro Falls After Eurozone Banking Sources Say Germany Is Pushing To Delay Second Rescume Package For Greece Until September

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• Forex Trading: Euro Falls After Eurozone Banking Sources Say Germany Is Pushing To Delay Second Rescume Package For Greece Until September
• Forex Trading: Eurozone Sources Say They Expect IMF To Pay Next Greek Aid Tranche On Basis Of EU Commitment To Support Greece Further Out.
• Forex – USD/CHF Down As Greece Debt Woes Weigh On Sentiment
• Forex Trading: Eurozone CPI (y/y) 2.7% As Expected.
• Forex – EUR/GBP Almost Unchanged After U.K. Retail Sales Tumble
• European Stocks Drop As Greece Fears Worsen; DAX Down 0.9%
• Euro Zone CPI Rises In Line With Expectations In May
• Forex Trading: Eurozone Employment Change (Q1) 0.0% Vs. 0.1% Previous.
• Forex – Dollar Broadly Higher On Greek Debt Concerns
• U.K. Retail Sales Slump More-than-expected In May
• Crude Oil Futures Ease Off 4-month Low On Bargain Buying
• Forex – GBP/USD Drops To 3-week Low As Risk Aversion Dominates
• Swiss National Bank Leaves Interest Rate Unchanged At 0.25%
• Forex – USD/JPY Hits Daily Low As Greece Fears Spur Flight To Safety
• Gold Futures Edge Lower On U.S. Dollar, Greece Fears Support
• Swiss Industrial Production Tumbles In Q1
• Reserve Bank Of India Raises Repo Rate 25bps To 7.50%
• Forex – AUD/USD At 3-week Low As U.S., Greece Concerns Weigh
• Iceland Central Bank Holds Rate At 4.25%
• Forex – NZD/USD Hits 3-week Low Amid Increased Risk Aversion
• Asia Stocks Tumble On Mounting Greece Fears; Nikkei Down 1.7%
• Forex Trading: AUD/$ Completes Full Hourly Retracement
• Forex – EUR/USD Hits 3-week Low, Punished By Greek Debt Woes
• Bear Of The Day: HDFC Bank, Ltd.
• Momentum Stock: Lululemon Athletica, Inc.
• Growth & Income Stock: Pentair, Inc.
• Bull Of The Day: ManpowerGroup (MAN)
• Aggressive Growth Stock: Astronics Corp
• Forex – EUR/USD Down During The Asian Session
• Forex – GBP/USD Down In Asian Trade
• Forex – EUR/CHF Down In Asian Trading Hours
• Forex – USD/CHF Up During Asian Trade
• Singapore Stock Market Update For Thursday 16 June
• Forex – EUR/GBP Up During The Asian Session
• Forex – USD/JPY Down During Asian Trade
• China Considers A Market-Based Approach To Solve Its Kidney Shortage, Maybe The U.S. Can Follow Suit?
• Forex – USD/CAD Down In Asian Trading Hours
• Forex – AUD/USD Up During Asian Trade
• Cops, Prosecutors And Judges Say: “Legalize It”
• Forex – EUR/USD Up During The Asian Session
• Forex – EUR/JPY Up During Asian Trade
• Manufacturing Productivity Has Improved Our Lives
• Forex – GBP/JPY Down During The Asian Session
• AUD/USD Technical Analysis June 16, 2011
• USD/JPY Technical Analysis For June 16, 2011
• USD/CHF Technical Analysis For June 16, 2011
• USD/CAD Technical Analysis For June 16, 2011

Forex Trading: Euro Falls After Eurozone Banking Sources Say Germany Is Pushing To Delay Second Rescume Package For Greece Until September Posted: 16 Jun 2011 03:06 AM PDT EUR/USD made a new session low of 1.40727 following the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: Eurozone Sources Say They Expect IMF To Pay Next Greek Aid Tranche On Basis Of EU Commitment To Support Greece Further Out. Posted: 16 Jun 2011 03:00 AM PDT … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Down As Greece Debt Woes Weigh On Sentiment Posted: 16 Jun 2011 02:56 AM PDT Forex Pros – The Swiss franc was lower against the U.S. dollar on Thursday, as fears that Greece was moving closer to a default and the possibility of contagion to other euro zone members bolstered safe haven demand. USD/CHF hit 0.8494 during European morning trade, the daily low; the pair subsequently consolidated at 0.8506, shedding 0.24%. The pair was likely to find support at 0.8346, Tuesday’s low and short-term resistance at 0.8550, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: Eurozone CPI (y/y) 2.7% As Expected. Posted: 16 Jun 2011 02:35 AM PDT Core CPI was slightly worse at 1.5%, and employment change (q/q) was also worse at 0.0%. The EUR is making new lows following the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Almost Unchanged After U.K. Retail Sales Tumble Posted: 16 Jun 2011 02:27 AM PDT Forex Pros – The euro was almost unchanged against the pound on Thursday, after official data showed that retail sales in the U.K. fell more than twice as fast as expected in May, more than reversing the previous month’s gains. EUR/GBP was trading at 0.8758, up just 0.03%, after pulling back from 0.8722, the pair’s lowest since May 31, during European morning trade. The pair was likely to find support at 0.8665, the low of May 31 and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Stocks Drop As Greece Fears Worsen; DAX Down 0.9% Posted: 16 Jun 2011 02:19 AM PDT Forex Pros – European stock markets extended sharp losses from the previous session on Thursday, as worsening fears over Greece’s debt woes and the possibility of contagion to other euro-zone countries saw investors shun riskier assets. During European morning trade, the EURO STOXX 50 slumped 1.05%, France’s CAC 40 tumbled 1.25%, while Germany’s DAX 30 fell 0.9%. Greek Prime Minister George Papandreou said that he will name a new … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Euro Zone CPI Rises In Line With Expectations In May Posted: 16 Jun 2011 02:05 AM PDT Forex Pros – Consumer price inflation in the euro zone rose broadly in line with expectations in May, official data showed on Thursday. In a report, Eurostat said consumer price inflation rose by a seasonally adjusted 2.7% in May, unchanged from a preliminary estimate.   Core CPI, which excludes food, energy, alcohol, and tobacco costs, eased unexpectedly in May, increasing by a seasonally adjusted 1.5%. Analysts had expected core CPI to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: Eurozone Employment Change (Q1) 0.0% Vs. 0.1% Previous. Posted: 16 Jun 2011 02:02 AM PDT … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Broadly Higher On Greek Debt Concerns Posted: 16 Jun 2011 01:39 AM PDT Forex Pros – The U.S. dollar was broadly higher against its major counterparts on Thursday, as fears over Greece’s debt crisis and the possibility of contagion to other euro-zone countries dominated market sentiment. During European morning trade, the greenback was up against the euro, with EUR/USD shedding 0.21% to hit 1.4148. The euro weakened broadly after European Central Bank Governing Council member Nout Wellink said earlier that the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.K. Retail Sales Slump More-than-expected In May Posted: 16 Jun 2011 01:38 AM PDT Forex Pros – Retail sales in the United Kingdom fell more-than-expected in May, official data showed on Thursday. In a report, the U.K. Office for National Statistics said retail sales fell by a seasonally adjusted 1.4% in May, after rising by 1.1% in April. Analysts had expected retail sales to decline by 0.5% in May. Year-on-year, retail sales rose at an annualized rate of 0.2% in May, after rising at a rate of 2.4% in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Futures Ease Off 4-month Low On Bargain Buying Posted: 16 Jun 2011 01:24 AM PDT Forex Pros – Crude oil futures edged higher on Thursday, easing off a four-month low, as the previous day’s steep decline created bargain buying opportunities for investors. On the New York Mercantile Exchange, light, sweet crude futures for delivery in July traded at USD95.50 a barrel during European morning trade, gaining 0.27%.     It earlier rose to a daily high of USD95.57 a barrel. visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Drops To 3-week Low As Risk Aversion Dominates Posted: 16 Jun 2011 12:59 AM PDT Forex Pros – The pound dropped to a three-week low against the U.S. dollar on Thursday, as concerns over Greece’s debt crisis saw risk aversion escalate, while Wednesday’s weak U.K. jobs data also weighed. GBP/USD hit 1.6135 during early European trade, the pair’s lowest since May 24; the pair subsequently consolidated at 1.6141, shedding 0.32%. Cable was likely to find short-term support at 1.6056, the low of May 24 and a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Swiss National Bank Leaves Interest Rate Unchanged At 0.25% Posted: 16 Jun 2011 12:41 AM PDT Forex Pros – The Swiss National Bank kept its benchmark interest rate unchanged in June, it announced on Thursday. In a statement, the SNB said it was keeping its benchmark interest rate unchanged at 0.25%, broadly in line with expectations. The accompanying rate statement released after the announcement said, “Despite the strong appreciation of the Swiss franc, the economy continues to benefit from robust international demand. However, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Hits Daily Low As Greece Fears Spur Flight To Safety Posted: 16 Jun 2011 12:32 AM PDT Forex Pros – The U.S. dollar dropped to a daily low against the yen on Thursday, as fears that Greece is moving closer to a default and concerns over the U.S. economic recovery boosted demand for traditional safe haven currencies. USD/JPY hit 80.49 during late Asian trade, the daily low; the pair subsequently consolidated at 80.63, shedding 0.40%. The pair was likely to find support at 79.69, the low of June 8 and a five-week low and resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Futures Edge Lower On U.S. Dollar, Greece Fears Support Posted: 16 Jun 2011 12:30 AM PDT Forex Pros – Gold futures edged lower on Thursday, as a broadly stronger U.S. dollar dimmed the appeal of the precious metal, but losses were limited amid mounting fears over a possible Greek default. On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at USD1,528.65 a troy ounce during late Asian trade, shedding … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Swiss Industrial Production Tumbles In Q1 Posted: 16 Jun 2011 12:21 AM PDT Forex Pros – Industrial production in Switzerland fell significantly more-than-expected in the first quarter of 2011, official data showed on Thursday. In a report, Switzerland’s Federal Statistics Office said industrial production fell by a seasonally adjusted 9.2% in the first quarter, after jumping by 7.7% in the preceding quarter, whose figure was revised up from 7.4%.  Analysts had expected industrial production in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Reserve Bank Of India Raises Repo Rate 25bps To 7.50% Posted: 16 Jun 2011 12:16 AM PDT The Reserve Bank of India increased its repo rate by 25 basis points to 7.50% from 7.25% and raised the reverse repo rate to 6.50% by the same margin.  The Bank said: “while the Reserve Bank needs to continue with its anti-inflationary stance, the extent of policy action needs to balance the adverse movements in inflation with recent global developments and their likely impact on the domestic growth trajectory.” The Reserve Bank of India increased the repo rate by 50 basis … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD At 3-week Low As U.S., Greece Concerns Weigh Posted: 16 Jun 2011 12:13 AM PDT Forex Pros – The Australian dollar slumped to a three-week low against its U.S. counterpart on Thursday, as concerns over Greece’s debt crisis and worries about the strength of the U.S. economic recovery weighed. AUD/USD hit 1.0511 during late Asian trade, the pair’s lowest since May 25; the pair subsequently consolidated at 1.0527, shedding 0.49%. The pair was likely to find support at 1.0439, the low of May 25 and a five-week … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Iceland Central Bank Holds Rate At 4.25% Posted: 16 Jun 2011 12:04 AM PDT Iceland’s Sedlabanki maintained its seven-day collateral lending rate unchanged at 4.25%, and kept the deposit rate at 3.25% and overnight lending rate at 5.25%.  The Bank said: ”Given recent announcements, the outlook is for a more expansionary fiscal stance than previously forecast,” and that ”tighter monetary policy may become warranted in the near term”. At its April meeting the Sedlabanki also held the 7-day collateral lending rate unchanged at 4.25%. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Hits 3-week Low Amid Increased Risk Aversion Posted: 15 Jun 2011 11:57 PM PDT Forex Pros – The New Zealand dollar fell to a three-week low against its U.S. counterpart on Thursday, as concerns that Greece’s debt crisis is escalating dampened demand for higher yielding assets. NZD/USD hit 0.8004 during late Asian trade, the pair’s lowest since May 26; the pair subsequently consolidated at 0.8034, shedding 0.37%. The pair was likely to find support at 0.7965, the low of May 26 and resistance at 0.8206, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Asia Stocks Tumble On Mounting Greece Fears; Nikkei Down 1.7% Posted: 15 Jun 2011 11:50 PM PDT Forex Pros – Asian stock markets tumbled on Thursday, tracking steep losses from Wall Street on Wednesday, as mounting fears over a possible Greek default and concerns over the pace of the U.S. economic recovery hurt sentiment. During late Asian trade, Hong Kong’s Hang Seng Index tumbled 1.7%, South Korea’s Kospi Composite slumped 1.9%, while Japan’s Nikkei 225 Index fell 1.7%. Greek Prime Minister George Papandreou said that he will … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: AUD/$ Completes Full Hourly Retracement Posted: 15 Jun 2011 11:45 PM PDT We've seen some movement tonight, prior to Europe's entrance, as fears surrounding Greece's current situation continue to fluster the market. In the case of the Aussie vs. U.S. dollar, we see that the pair completed a full hourly retracement on the move from the June 10th low of 1.05217 to the high of 1.07138 on the 14th. The sell off earlier today was, in part, a result of USD strength caused by the negative showing of U.S. equity markets. A session low of 1.05090 was made … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Hits 3-week Low, Punished By Greek Debt Woes Posted: 15 Jun 2011 11:25 PM PDT Forex Pros – The euro fell to a three-week low against the U.S. dollar on Thursday, as fears that Greece is moving closer to defaulting on its debt drove the cost of insuring the country’s debt to euro-lifetime highs. EUR/USD hit 1.4090 during late Asian trade, the pair’s lowest since May 26; the pair subsequently consolidated at 1.4128 shedding 0.35%. The pair was likely to find support at 1.4001, the low of May 24 and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bear Of The Day: HDFC Bank, Ltd. Posted: 15 Jun 2011 11:05 PM PDT HDFC Bank, Ltd.’s (NYSE:HDB) fiscal fourth quarter 2011 (ended March 31, 2011) net earnings were up 33.2% year over year. However, higher operating expenses were among the negatives. The company is still exposed to the threat related to higher cost of funds. Also, growing competition in the retail space with the re-entry of peers is a future concern. Most Indian banks are expected to encounter higher costs of funds as they have to raise deposit rates to meet increasing loans demand. This will keep … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Stock: Lululemon Athletica, Inc. Posted: 15 Jun 2011 11:05 PM PDT Lululemon Athletica, Inc. (NASDAQ:LULU) recently rebounded from a key trend line to move back within striking distance of its 52-week high. With a Q1 earnings surprise of 16% and bullish growth projection, this Zacks #1 rank stock isn’t stretched thin for momentum. Company Description Lululemon Athletica, Inc. designs, manufactures and sells athletic apparel for men and woman in the United States, Australia and Canada. The company sells its products through its own 134 stores, online and through … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth & Income Stock: Pentair, Inc. Posted: 15 Jun 2011 11:05 PM PDT Estimates have been rising for Pentair, Inc. (NYSE:PNR) after management raised full year guidance following strong first quarter results. Pentair reported strong sales growth and expanding margins in Q1, which led to the company’s 4th consecutive positive earnings surprise. The company has also been consistently raising its dividend over the last several years. It currently yields 2.2%. Company Description Pentair, Inc. is a diversified industrial manufacturing company. It operates in two … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: ManpowerGroup (MAN) Posted: 15 Jun 2011 11:05 PM PDT ManpowerGroup’s (NYSE:MAN) first-quarter 2011 results topped Zacks expectations on the heels of revenue growth across all geographies with several European and emerging markets portraying robust trends. Management now expects second-quarter 2011 earnings between $0.74 and $0.82 per share. We believe that ManpowerGroup’s brand value, comprehensive range of services and a strong global network provides a competitive advantage and reinforces its dominant position in the market. Moreover, the company … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: Astronics Corp Posted: 15 Jun 2011 11:05 PM PDT Astronics Corp (NASDAQ:ATRO) analysts and management loved the first quarter results. The outlook has been raised for the year and pushed shares to a Zacks #1 Rank (Strong Buy). Currently there should be solid double-digit growth for the foreseeable future and the stock is regaining some momentum as well. Company Description Astronics Corp makes lighting, electrical power and automated test systems for the aerospace and defense industry. Big Surprise On May 4 the company reported quarterly results … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down During The Asian Session Posted: 15 Jun 2011 10:55 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Thursday. EUR/USD was trading at 1.4113, down 0.47% at time of writing. The pair was likely to find support at 1.4090, today’s low, and resistance at 1.4498, Tuesday’s high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.28% to hit 0.8732 and EUR/JPY falling 0.65% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down In Asian Trade Posted: 15 Jun 2011 10:25 PM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Thursday. GBP/USD was trading at 1.6170, down 0.16% at time of writing. The pair was likely to find support at 1.6162, today’s low, and resistance at 1.6442, Tuesday’s high. Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.24% to hit 0.8735 and GBP/JPY falling 0.24% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/CHF Down In Asian Trading Hours Posted: 15 Jun 2011 09:55 PM PDT Forex Pros – The Euro was lower against the Swiss Franc on Thursday. EUR/CHF was trading at 1.2060, down 0.27% at time of writing. The pair was likely to find support at 1.2005, Monday’s low, and resistance at 1.2254, Tuesday’s high. Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.34% to hit 1.4131 and EUR/JPY falling 0.30% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Up During Asian Trade Posted: 15 Jun 2011 09:25 PM PDT Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Thursday. USD/CHF was trading at 0.8534, up 0.06% at time of writing. The pair was likely to find support at 0.8348, Tuesday’s low, and resistance at 0.8551, Wednesday’s high. Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.03% to hit 1.4183 and USD/JPY falling 0.02% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Singapore Stock Market Update For Thursday 16 June Posted: 15 Jun 2011 09:12 PM PDT Asia stocks slide further after steep loss from overnight US markets. Investors are worried over Greek debt as well as US economy. Investors react to fresh developments on Greece’s sovereign-debt crisis and some disappointing data on the US economy. We reiterate that the market will remain choppy for now. 3100 support has been broken, the next important support is at 3000. Crude stumbles, hurt by a spike in US dollar against euro as Greece’s debt troubles reappears. No short term trading We … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Up During The Asian Session Posted: 15 Jun 2011 09:00 PM PDT Forex Pros – The Euro was higher against the British Pound on Thursday. EUR/GBP was trading at 0.8756, up 0.001% at time of writing. The pair was likely to find support at 0.8746, today’s low, and resistance at 0.8844, Tuesday’s high. Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.11% to hit 1.4195 and EUR/JPY rising 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down During Asian Trade Posted: 15 Jun 2011 08:35 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Thursday. USD/JPY was trading at 80.93, down 0.04% at time of writing. The pair was likely to find support at 80.09, Monday’s low, and resistance at 81.06, 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 1.4196 and GBP/USD rising 0.11% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

China Considers A Market-Based Approach To Solve Its Kidney Shortage, Maybe The U.S. Can Follow Suit? Posted: 15 Jun 2011 08:17 PM PDT The chart above illustrates a very serious and escalating health care crisis in America:  The number of kidney transplant operations has remained flat for the last six years, and there were actually fewer last year (16,968) than in 2006 (17,095).  Meanwhile, the number of registered transplant candidates continues to grow, at an average rate of more than 4,500 new candidates in every year since 2005.  In 2010, the chances of receiving a kidney for those on the waiting list fell … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Down In Asian Trading Hours Posted: 15 Jun 2011 08:10 PM PDT Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Thursday. USD/CAD was trading at 0.9788, down 0.03% at time of writing. The pair was likely to find support at 0.9672, Wednesday’s low, and resistance at 0.9830, Wednesday’s high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.11% to hit 1.4194 and GBP/USD rising 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Up During Asian Trade Posted: 15 Jun 2011 07:30 PM PDT Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Thursday. AUD/USD was trading at 1.0579, up 0.02% at time of writing. The pair was likely to find support at 1.0526, Monday’s low, and resistance at 1.0716, Tuesday’s high. Meanwhile, the Australian Dollar was down against the Euro and up against the Japanese Yen, with EUR/AUD gaining 0.10% to hit 1.3421 and AUD/JPY rising 0.03% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Cops, Prosecutors And Judges Say: “Legalize It” Posted: 15 Jun 2011 07:20 PM PDT WASHINGTON, DC — “In conjunction with this week’s 40th anniversary of President Nixon declaring “war on drugs,” a very expensive war on peaceful Americans who get high using intoxicants the government disapproves of (thanks to Don Boudreaux for this editing) a group of police, judges and jailers who support legalization released a report today showing how the Obama administration is ramping up a war it disingenuously claims that it ended two years ago. Following the report’s release at a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 15 Jun 2011 07:05 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Thursday. EUR/USD was trading at 1.4189, up 0.07% at time of writing. The pair was likely to find support at 1.4157, Wednesday’s low, and resistance at 1.4498, Tuesday’s high. Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.04% to hit 0.8752 and EUR/JPY rising 0.05% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/JPY Up During Asian Trade Posted: 15 Jun 2011 06:35 PM PDT Forex Pros – The Euro was higher against the Japanese Yen on Thursday. EUR/JPY was trading at 114.88, up 0.07% at time of writing. The pair was likely to find support at 114.56, Wednesday’s low, and resistance at 116.70, Tuesday’s high. Meanwhile, the Euro was up against the U.S. Dollar and down against the British Pound, with EUR/USD gaining 0.04% to hit 1.4184 and EUR/GBP falling 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Manufacturing Productivity Has Improved Our Lives Posted: 15 Jun 2011 06:09 PM PDT In a comment on this CD post about the dramatic gains in U.S. manufacturing productivity, JoeMac asks an important question: “How have these gains in productivity improved the lives of Americans?” The chart above displays the share of Personal Consumption Expenditures represented by three categories of manufactured consumer goods that are most important to U.S. households: a) food and beverages consumed at home, b) clothing and footwear, and c) furnishings and durable household equipment (BEA … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/JPY Down During The Asian Session Posted: 15 Jun 2011 05:45 PM PDT Forex Pros – The British Pound was lower against the Japanese Yen on Thursday. GBP/JPY was trading at 131.06, down 0.04% at time of writing. The pair was likely to find support at 130.27, Monday’s low, and resistance at 132.33, Tuesday’s high. Meanwhile, the British Pound was up against the U.S. Dollar and down against the Euro, with GBP/USD gaining 0.06% to hit 1.6205 and EUR/GBP rising 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/USD Technical Analysis June 16, 2011 Posted: 15 Jun 2011 11:57 AM PDT By ForexMansion.com The AUD/USD pair fell hard on Wednesday, and is currently testing the support zone between 1.05 and 1.06 with vigor. The 1.05 area needs to hold for the bulls. If not, we could see 1.02 very quickly as there is basically air between here and there. However, 1.02 is extremely firm and should be supportive. If that gives – the market will absolutely fall apart. Originally posted here Find more information about technical analysis, fundamental analysis and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Technical Analysis For June 16, 2011 Posted: 15 Jun 2011 03:35 AM PDT By ForexMansion.com   The USD/JPY pair rose during the Wednesday session, showing that the 80 area is indeed a strong supportive line. The fact that this normally risk-sensitive pair still managed to rise during a very bearish day in the stock markets shows just how strong that area really is. If we can get above the Wednesday highs, we should see more strength. Originally posted here Find more information about technical analysis, fundamental analysis and news on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CHF Technical Analysis For June 16, 2011 Posted: 15 Jun 2011 03:34 AM PDT By ForexMansion.com   USD/CHF rose during the Wednesday session, and at the end of the day was testing the 0.8550 area, which of course is massive resistance. If this area gives way, we could see 0.88 fairly soon. This isn't a reflection of Switzerland so much as a running away from the Euro and into the Dollar. The CHF is strong against almost all other currencies, and the USD is simply getting a safe haven bid at this point. Originally posted here Find more information about … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Technical Analysis For June 16, 2011 Posted: 15 Jun 2011 03:33 AM PDT By ForexMansion.com   The USD/CAD pair rose rapidly as the oil markets fell apart on Wednesday. The pair is still in the 0.9850 to 0.9675 consolidation area, and therefore not a tradable event at the moment. (Unless of course you are scalping, which would have made you quite a bit of money recently.) Look for continued choppiness, but if the CL contract in the oil markets falls below the $95 mark, we could see a massive move upward in this pair. At the moment, this pair is completely … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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