World / E-commerce
Law to Fine Kid Buyers of 'Mature' Games Costs Minnesota
02.07.2008 06:21
ecommercetimes.com
Following its failed effort to curb youngsters' access to video games with "Mature" or "Adults Only" ratings by fining kids for obtaining them, the state of Minnesota on Monday was the one paying. The state paid the Entertainment Software Association $65,000, reimbursing the organization for attorney fees and expenses that resulted from the group's successful challenge to Minnesota's video game law.
World
E-commerce
Pound Crushed By Weak Construction PMI, Euro Remains Bid
02.07.2008 06:20
actionforex.com
Pound lost more than 100 points in early London trade today after the construction PMI data showed a marked decline printing at 38.9 versus 43.1 forecast. The reading was the lowest value in years suggesting that the UK housing sector is now mired in a deep recession that will likely...
World
E-commerce
European Market Update
02.07.2008 06:20
actionforex.com
In currencies the USD was mixed in trading on Wednesday, while the GBP was broadly weaker following the reports from UK homebuilder Taylor Wimpey. The GBP/USD continued to sustain momentum to hold above its 200 day moving average at 1.9977. The GBP/USD was lower by 85 pips at 1.9885, while...
World
E-commerce
Currency Pair Daily Forecasts
02.07.2008 06:20
actionforex.com
EUR/USD-market strategy can be a buy till the level 1.5840$ To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MACD lines after a bullish crossover above the zero line. In order to find the power of the market, we use...
World
E-commerce
Dollar Fell In Volatile Market Ahead Of ECB Rate Outlook
02.07.2008 06:20
actionforex.com
The Dollar fell against the Euro and was little changed against the Yen on Tuesday in a volatile session as investors debated the outlook for the US economy while anticipating a rate hike from the European Central Bank later this week.
World
E-commerce
Dollar Trading At A Three Week Low Before The Employment Release
02.07.2008 05:19
actionforex.com
The dollar traded near a three-week low against the euro before an industry report today that economists predict will show U.S. companies cut jobs in June for the first time in four months. The U.S. currency also traded near a three-week low versus the yen before government data tomorrow that...
World
E-commerce
Daily Forex Analysis
02.07.2008 05:19
actionforex.com
EUR/USD: The pair has been range trading with high volatility for a while now, and it appears that the bearish price movement might be back. However on the 4 hour chart local bullish correction is taking place. Going long with tight stops could be a good strategy today.
World
E-commerce
Technical Analysis Daily: GBP/USD
02.07.2008 05:19
actionforex.com
The British Pound started descending yesterday against the US Dollar from yesterday's top 2.0000, which is also a record for the last two months, down to today's bottom 1.9870, which are the the first resistance and support levels respectively for the currency couple today. If the negative trend continues, next...
World
E-commerce
Currency Technical Report
02.07.2008 05:19
actionforex.com
EUR/USD : We keep our positions small and try sell and buy positions in the ranges of the consolidation (1,5830-50 και 1,5715-35). A clear break of 1.5850 could be used for buy positions, with possible target at 1.5900-10 or 1.5940-50 area.
World
E-commerce
Forex Technical Analysis
02.07.2008 05:19
actionforex.com
EUR/USD The currency pair has set a local bottom at 1.5301 completing the slide from 1.5844. Technical indicators are neutral. Trading takes place above 50- day SMA, currently projected at 1.5609.
World
E-commerce
Daily FX Report
02.07.2008 05:19
actionforex.com
Since the end of April, the USD/CHF has been trading in a horizontal direction. The width of the channel has had narrowed since the end of May. At the moment, the currency has stopped its decrease at the support level of 1.0141. If the pair does not cross this line...
World
E-commerce
Elliott Wave and Fibonacci Predictions: USD/JPY
02.07.2008 04:23
actionforex.com
Hey traders, I just went short on USD/JPY after my wave e) touched the upper trend line resistance of the triangle. EUR/USD also moved higher from very similar pattern like this on USD/JPY. I am short on USD/JPY from 106,17 with stops above 106,44. If you have any thoughts to...
World
E-commerce
Forex Technical Analytics
02.07.2008 04:23
actionforex.com
The pre-planned breakout variant for sells has been realized but with a loss of several points in attainment of minimal assumed target. OsMA trend indicator having marked the activity fall of both parties gives grounds to presume range movement of the rate without clearness in a choice of planning priorities...
World
E-commerce
ECB in Uncharted Waters
02.07.2008 04:23
actionforex.com
At its monetary policy meeting on Thursday, the ECB governing council is virtually certain to hike rates for the first time since June last year to 4.25%. At its early June press conference, ECB's Trichet surprised friend and foe by openly hinting at a 25 bps increase at their next...
World
E-commerce
Expected Outcome of the ECB's Monetary Policy Meeting
02.07.2008 04:23
actionforex.com
Our economists expect the ECB to raise interest rates by 0.25 percentage point to 4.25%. The ECB has been in focus lately, particularly in connection with the announcement of new euro-zone inflation data. Overall, the members of the ECB's Board of Governors have been hawkish, focusing on the high inflation...
World
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