USD/JPY climbs to as high as 80.36 so far today and intraday bias remains on the upside for the moment. Current rise from 76.02, which is part of the rally from 75.56, should target 61.8% retracement of 85.51 to 75.56 at 81.70 next. On the downside, below 79.30 will argue
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USD/JPY Mid-Day Outlook
High Oil Prices Help Small Oil Producers
Surging oil prices have been a boom to major oil producers and some smaller producers, as well. John Schiller, Energy XXI chairman & CEO, discusses.
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More Business Owners Plan to Spend in 2012: Survey
More Business Owners Plan to Spend in 2012: Survey
Hollywood Heads to China
China is one of the biggest practitioners of Internet piracy, but a company called “You on Demand” aims to make video-on-demand so easy and convenient that people will pay instead of stealing, with CNBC’s Julia Boorstin and Shane McMahon, You On Demand Holdings chairman & CEO.
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EUR/USD: Trading the US Unemployment Claims
The US Unemployment Claims indicator is published weekly, and measures the number of people filing for unemployment for the first time during the previous week. A reading which is higher than the market forecast is bearish for the dollar.
Here are all the details, and 5 possible outcomes for EUR/…
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After Hours Movers: HP
CNBC’s Brian Shactman follows HP’s after hours movement, after its earnings and 2012 guidance came in below expectations.
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