What Are The Markets Facing? Retail sales in New Zealand are expected to have eased back slightly in May, weighed down by autos as rocketing gasoline prices deter buyers. Excluding this factor, however, retail sales are anticipated to rebound 0.5
The dollar was sharply lower versus other key currencies Friday after mortgage lenders Fannie Mae and Freddie Mac saw their stocks plummet on fears they may have to be nationalized for a lack of capital. US Treasury Secretary Henry Paulson
After a three-day of upside gains convincingly pushed it through the 1.9842/1.5908 zone, representing its Jun 09'08/July 03'08 highs on Friday to end the week wiping out its previous week upside gains,EURUSD is now poised to head towards its YTD
Despite various attempts to break out on both sides, GBP/JPY is still bounded in choppy sideway consolidation between 209.39 and 212.32. Nevertheless, with the corrective nature of price actions from 209.39, outlook remains unchanged. Sideway trading from 209.39 should be
EUR/JPY breaks out of consolidation last week and resumed rise from 151.71 to new record high of 169.62. Initial bias remains on the upside as long as 168.12 minor support holds and further rally should be seen to test 170
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Service and warranty management executives still wrestle with post-sale customer satisfaction issues and escalating warranty costs. These executives are revising business processes and adopting technology solutions to better manage warranty workflow, enhance claims administration, reduce costs and implement a closed-loop
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USD/CHF's rebound from 1.0111 was limited at 1.0352, below mentioned 61.8% of 1.0539 to 1.0111 at 1.0376 as expected and subsequent sharp fall indicates that such rebound has already completed. Initial bias is on the downside this week for testing
Cable's pullback from 2.0006 was contained at 1.9647, above mentioned 1.9586 support as expected and subsequent strong rebound indicates that such correction has completed. Initial bias is on the upside this week for testing 2.0006 resistance first and break will
