GBP/JPY's rebound from 199.78 was limited at 205.02 last week, by 55 days EMA (now at 205.01). Subsequent retreat dragged 4 hours MACD below signal line, suggesting that an intraday top is in place. In initial bias is mildly on
USD/CAD edges lower to 0.9942 last week but after all, the overall outlook remains unchanged. Fall from 1.0326 is still displaying a corrective structure and is treated as consolidation to rise from 0.9709 only. Initial bias remains on the downside
After initial recovery to 163.09, EUR/JPY's fall from 164.97 resumed and dived further to as low as 158.60, touching 100% projection of 164.97 to 160.58 from 163.09 at 158.70. Initial bias remains on the downside this week as long as
Cable dipped further to as low as 1.9363 last week but was contained above 1.9337 low as expected. Late stronger rebound after mild bullish convergence conditions in 4 hours MACD and RSI suggests that a short term low is in
USD/CHF failed below 1.0623 at the second attempt last week. Friday's sharp fall dragged 4 hours MACD below signal line, suggesting that an intraday top is already in place. Initial bias is mildly on the downside this week for 1.0388
AUD/USD's multi-week sideway trading finally finished last week and surged sharply to new 24 year high of 0.9559 and closed the week strongly. Initial bias remain on the upside this week as long as 0.9497 minor support holds. Break of
After some choppy sideway trading, EUR/USD's rebound from 1.5284 resumed and extended to as high as 1.5601 on Friday and is now pressing mentioned 1.5594 resistance. From a short term angle, further rally is still expected as long as 1.5447
USD/JPY failed below 105.70 on second attempt and fell sharply towards the end of last week. With 4 hours MACD staying below signal line, initial bias is mildly on the downside this week for 102.58 support. Note that firstly, bearish
Commodity prices and investors' risk appetite overshadowed the effect of some key economic data and events last week. Dollar weakened sharply towards the end of the week on the back of new record in of over $127/barrel in oil prices.
Housing starts rose to an annual rate of 1.032M in April, well above consensus expectations. Gains were concentrated in the highly volatile multi-family segment. Single-family starts continued to decline for the 12th straight month. We think that starts should continue
In currencies the dollar was consolidating against the majors for most of the trading day until the mid-US morning. The EUR/USD finally broke above the 1.5430 to 1.5530 hourly consolidation range. Weaker US data and higher commodity prices continue to
The dollar slumped against the majors on Friday, falling to 1.56-versus the euro and 103.54 against the yen. The catalyst for the greenback's losses was a dismal report on US consumer confidence, highlighting the current bleak economic outlook. The University
Traders reacted to a mixed bag of U.S. economic data today that saw April housing starts rise a surprising 8.2% to 1.032 million in April while April building permits were up 4.9% to 978,000. These data were tempered by the
Item 2.02. Results of Operations and Financial Condition. On May 16, 2008, DOR BioPharma, Inc. issued a press release announcing its results of operations for the quarter ended March 31, 2008. A copy of the press release is attached as
the "Company "), filed a Form 25 with the Securities and Exchange Commission (the "SEC ") announcing its voluntary delisting of all shares of its common stock from the American Stock ... read more in hotstocked.com
Comerica Incorporated ( "Comerica ") previously announced that Elizabeth S. Acton, Executive Vice President and Chief Financial Officer of Comerica, will make a presentation at the Lehman Brothers Eleventh Annual Financial Services Conference ... read more in hotstocked.com
The Company is filing this current report on Form 8-K to disclose material non-public information regarding the Company's projected operations and financial condition for 2008 and potential acquisition plans, discussed with investors in the conference call held on May 14,
SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VaxGen, Inc. ... read more in hotstocked.com
On May 15, 2008, we issued a press release announcing the results of our Annual Meeting of Stockholders held on such date. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference. ...
the "Company") and director of its subsidiary, Holy (HK) Ltd., transferred an aggregate of 22,178,769 shares of the Company's common stock owned by him (the &quo ... read more in hotstocked.com