The EUR/USD cut its losses yesterday above June 22nd highs, and is presently retesting June 24th highs along with our previous top-end 1.4097 resistance. However, we take note the EUR/USD's current movement upward is occurring on declining volume, making a

EUR/JPY, a daily chart of which is shown, has been consolidating right underneath the key 135.00 support/resistance level for the last week and a half, while still respecting a parallel uptrend channel that has been in place since late April.

The Pound has risen further since the morning, after an intra-day dip to 1.6375, continuing the rally from yesterday's low near 1.6235. Overall, it is ranged between 1.62-66 (maybe 1.6180-6680) for the last several days and is likely to remain

The Cable predictably bottomed at June 23rd lows, continuing the pattern we notice over the past 10-15 days. The Cable is strengthening along with the EUR/USD as investors divest from the greenback in reaction to China’s repeated request for a

The USD/JPY is backing away from our 2nd tier uptrend line again as the Dollar appreciates across the board in reaction to China's repeated call for a new global monetary standard. In the mean time, the USD/JPY remains the beacon

Thursday's U.S. jobless claims data announcement had weakened the early stock performance, showing no real improvement can be sustained in the job market at the moment. Still the stocks regained some ground later in the day and managed to stay

LDK Solar Co., Ltd. (NYSE: LDK ) has reached a mechanical finishing point on one third of its polysilicon facility with an anticipated total annual capacity of 15,000 metric ton (MT), hotStocked can reveal. The site of the construction project

Tibco Software Inc, ( NASDAQ : TIBX ) announced their second quarter earnings results late Thursday, reporting net income that was almost triple the earnings reported for the comparable quarter last year. The company stated their profit rose to $10.1

Shares of famed U.S athletic footwear and apparel manufacturer, Nike, Inc. (NYSE: NKE ), missed a chance to snap a three-day losing streak, thanks to a slump in fiscal fourth quarter profits accounted for in the after-market trading on Thursday.

Solar photovoltaic products manufacturer, Trina Solar Limited (NYSE: TSL ), on Thursday announced that it has managed to secure an additional $57 million in credit facilities from Standard Chartered Bank Limited of China, notwithstanding the evident stagnation of the credit