June 2011

New Wireless Network Could Harm GPS

by AP on June 30, 2011

Huffington Post…

WASHINGTON — New test results show that a proposed nationwide wireless broadband network would produce significant interference with GPS systems used for everything from aviation to high-precision timing networks to consumer navigation devices. Changes to the proposal could reduce interference, but wouldn’t eliminate it. The findings, based on extensive equipment tests conducted in Las Vegas, increase pressure on the Federal Communications Commission to block a Virginia company called LightSquared from launching the network, which is designed to compete with super-fast systems being rolled out by AT&T and Verizon Wireless. Although the FCC in January gave LightSquared approval to build the system, the agency said it would not let the company turn on the network until GPS interference problems are resolved. The agency required LightSquared, GPS equipment makers and GPS users to establish a working group to study the matter. That group filed its report with the commission on Thursday, with the two sides offering different interpretations of the test results. LightSquared insisted that the interference problems are fixable. But GPS equipment makers, and companies and government agencies that rely on GPS technology, warn that the planned network would jam their systems because LightSquared would use airwaves close to those already set aside for GPS. They say that sensitive satellite receivers – designed to pick up relatively weak signals coming from space – could be overwhelmed when LightSquared starts sending high-powered signals from as many as 40,000 transmitters on the ground. GPS signals, they say, will suffer the way a radio station can get drowned out by a stronger broadcast in a nearby channel. “The FCC needs to consider other options for the LightSquared signals where they do not run up against the laws of physics,” said Charles Trimble, co-founder of Trimble Navigation Ltd., which makes GPS systems. With the working group report complete, the FCC will now seek public comments. The FCC said it will review the report, adding that it has “a long-standing record of resolving interference disputes.” The working group’s report follows the release of federal test results that also found significant interference with GPS systems used by a broad cross-section of government agencies, including the Coast Guard, the Federal Aviation Administration and NASA. Faced with growing GPS industry resistance, LightSquared last week proposed to launch its network using a different slice of airwaves located farther away from GPS frequencies. It also proposed to transmit signals at lower power levels to ensure that its network would not interfere with most nearby GPS systems. Most of the testing conducted by the working group was based on the company’s original plan to use airwaves next to the GPS band. The working group said that plan would produce significant, across-the-board interference. Among the findings: _ GPS systems used for aviation would be unavailable over entire regions of the country at normal aircraft altitudes. _ GPS receivers built into cellular devices could experience interference at significant distances from LightSquared’s base stations – resulting in delayed or inaccurate location readings. _ Space-based GPS receivers used in NASA science missions could be disrupted. Although the working group conducted only limited testing based on LightSquared’s proposal to use different airwaves, it said the change could reduce problems for some GPS receivers, including those used in aircraft navigation and cellphones. LightSquared, however, acknowledges that other GPS devices, particularly high-precision receivers used in construction and agriculture, would still experience significant disruption. LightSquared maintains that the interference is largely a problem of the GPS industry’s own making. That’s because GPS receivers are picking up signals outside their own bands – in frequencies licensed to LightSquared. That had never presented a conflict until the FCC provisionally approved LightSquared’s wireless broadband network. Until now, that spectrum has been used primarily for satellite communications, with only limited ground-based wireless service to fill coverage gaps. GPS receivers can easily screen that out. LightSquared, which is based in Reston, Va., also insists the problem can be fixed by installing better filters in GPS devices to screen out its signals. Those filters, LightSquared says, cost as little as 5 cents each. GPS manufacturers say that solution is speculative because such filters do not yet exist and were not available for testing. They add that although filters might work with some GPS receivers, such as those embedded in cellphones, they would not work in all GPS equipment and could significantly degrade performance and battery life. Bronson Hokuf, an engineer with GPS maker Garmin Ltd., also said it would be nearly impossible retrofit hundreds of millions of existing GPS devices already in use. The working group said installing new filters in GPS equipment used for aviation, for instance, would be very expensive and could take at least 10 years. Although the FCC has promised that it won’t let the LightSquared network harm GPS systems, it is eager to see the company succeed. The FCC views the network as one part of a broader government push to free up more airwaves for mobile broadband services to keep up with the explosive growth of online apps, mobile video and other bandwidth-hungry wireless applications. The agency also hopes LightSquared will help it advance its goal of bringing high-speed Internet connections to all Americans. The company, which plans to wholesale network access to other companies that will rebrand the service under their own names, has pledged to reach 260 million Americans with its coverage by 2015.

Original post:
New Wireless Network Could Harm GPS

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Huffington Post…

The Federal Reserve today issued the final rules on the Durbin Amendment, and it’s an ultimate win for retailers, although I predict some battles to come from the banking industry and consumers before the dust settles. The Amendment, part of the sweeping Dodd-Frank financial overhaul legislation, allows the Federal Reserve to put limits on the interchange fees that merchants pay banks when you swipe your debit card at their cash registers. Today, those fees are ranging between 1 percent and 2 percent of the amount you purchase and have added up to $16.2 billion that merchants paid in 2010. As of October 1, 2011, the planned effective date for the new rule, those fees will be a maximum of 21 cents plus 0.05 percent, nearly 48 percent lower than before for a typical transaction of $40. Lower fees sound like a good thing, assuming the savings are passed on to consumers and assuming that the banks can still afford to run the networks that make debit cards work safely and reliably. If they can’t, consumers will see new fees tacked on to their bank debit cards and will respond by moving to lower fee alternatives. That, in turn, will prompt the banks to innovate their financial products while being mindful of not letting hidden fees get out of hand, for fear of sparking the regulatory backlash cycle all over again. And in the end, I predict consumers will gain fair, simpler, more transparent banking options, and retailers won’t be left holding the bill. But it will take a few tries to get there. For background on hidden interchange fees, read Why You Should Care About Hidden Interchange Fees in 2011 For the details of today’s ruling, read the Fed memo posted by PYMNTS.com Disclosure: I am CEO of Plastyc , a company that offers prepaid card services (prepaid cards are a sub-category of debit cards). My company is not directly affected by the proposed interchange rules, which only apply to prepaid card issuers with assets of $10 billion or more.

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Patrice Peyret: June 29 Marks a New Day for Retailers, and Possibly Consumers Too

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Harlan Green: Starving the Beast of Government Starves U.S.

June 30, 2011

Bloomberg Businessweek recently highlighted under the banner, “The Most Feared Man in Washington is…” a profile of Grover Norquist, the chief “Enforcer” of the ‘no new taxes’ pledge taken by 233 of the 240 House Republicans crafted during House Speaker Newt Gingrich’s era of the Contract for America. The pledge binds all of its takers to oppose “any and all efforts” to increase marginal income tax rates and to protect tax deductions and credits, according to Businessweek . But in fact this pledge has not succeeded in its stated goal of lowering government spending. In fact it has mainly succeeded in starving the main engine of economic growth, consumer spending. For each time Republican administrations have cut taxes in the name of shrinking government, this has instead shifted wealth from the lower and middle income classes to the top income brackets, which lowers the overall demand for goods and services. As former Reagan Budget Director David Stockman said in an April 23 New York Times op-ed : While not the stated objective of policy, this reverse Robin Hood outcome cannot be gainsaid: the share of wealth held by the top 1 percent of households has risen to 35 percent from 21 percent since 1979, while their share of income has more than doubled to around 20 percent. Why hasn’t the ‘no new taxes’ pledge succeeded? Because Republicans are no better at cutting government spending than Democrats — in fact, worse. Republican administrations since Ronald Reagan have chosen to borrow to pay for their hot and cold wars, rather than sharing the sacrifice, driving us ever deeper into debt. There are other reasons for slower growth, of course. A slower growing population with more seniors and saturated consumer markets (more than 2 cars in a garage?) are two of the reasons. But during the period 1951-63, when marginal rates were at their peak — 91 to 93 percent — the American economy boomed, growing at an average annual rate of 3.71 percent. “The fact that the marginal rates were what would today be viewed as essentially confiscatory did not cause economic cataclysm — just the opposite”, wrote Eliot Spitzer in Slate , “Whereas during the past seven years, during which we reduced the top marginal rate to 35 percent, average growth was a more meager 1.71 percent.” Which brings us back to the federal deficit, the reason we are debating methods to starve the beast of government spending, in the first place. The latest surge in deficit spending was caused first and foremost by the Bush-era tax cuts to the highest marginal tax rates, and on dividends and capital gains earned by the investor class. This in addition to the 2 wars has cost us more than $3 trillion in borrowed money to date, and the reason our deficit is still growing. Grover Norquist is not an economist, though he has a Harvard MBA business degree. So he chose to do his economic jousting without even the most basic knowledge of economics, it seems. Macroeconomic demand theory teaches that taking money from the pockets of those who spend most of it and transferring it to those who save most of it doesn’t increase demand for products. Economic historians in particular know that tax cuts without spending cuts do not lower deficits, since it chokes off the revenues needed to pay down the deficit. The two largest expansions of debt as a percentage of GDP were during the Reagan and GW Bush presidencies — from a low of 47 percent in the 1970s to its current some 80 percent. They were also the administrations that would not make comparable spending cuts. Nor do tax cuts — particularly to the highest marginal tax rates — stimulate more growth. In fact, we have seen a historical drop in GDP growth since the decline in highest marginal rates that prevailed during the Eisenhower administrations. Whereas, the only time we have seen a real decline in the federal budget deficit was during the Clinton presidency, when Clinton and Congress agreed to maintain Pay as You Go budget rules that said spending had to match revenues. The highest marginal tax rate was raised to 39 percent while government spending as a percentage of GDP fell, so that the annual deficit was actually erased from 1997 to 2001. Alas, President Reagan wanted to outspend the Russian military, while GW Bush wanted to invade Iraq without spreading the pain. Instead, he made the call after 9/11 for everyone to go shopping. The problem was that shifting so much wealth to the wealthiest shortchanged consumers, who had to borrow beyond their means to take his advice. When will we learn the lessons of history? Grover Norquist may be “the most feared man in Washington…” only because we are doomed to repeat our historic mistakes, if we do not begin to understand how and why the federal deficit was created. This post originally appeared in Popular Economics Weekly .

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JPMorgan: Tax Holiday Would Pack ‘Bigger Punch’ Than Fed Policies

June 30, 2011

JPMorgan would really, really like a tax repatriation holiday. The company released a report this Monday in which it asserted that a repatriation holiday — a one-off occasion where companies could bring overseas earnings into the U.S. at dramatically reduced taxation rates — could carry “a bigger punch than QE.” QE refers to quantitative easing , the Federal Reserve’s long-running program of asset purchases intended to stimulate the economy. The latest round of quantitative easing, known as QE2, came to an end on Thursday. During QE2, the Fed spent eight months buying up $600 billion in long-term Treasury securities. The strategy has received mixed reviews , especially as it comes to an end. According to Thomas Lee, chief U.S. equity strategist at JPMorgan and author of Monday’s report, a tax repatriation holiday would do a comparable amount of good for markets and the economy in general. Lee’s report estimated that companies could have as much as $1.4 trillion parked overseas, and that they might bring between $500 billion and $1 trillion into the U.S. if Congress passes a proposal allowing business to repatriate cash at a 5.25 percent tax rate, rather than the standard 35 percent. “In our view, this carries greater positive implications for equities compared to QE,” Lee writes. “In other words, from a market’s perspective, this likely represents a substantial catalyst.” However, Lee’s findings stand in marked contrast to another report issued by JPMorgan in May. That release, compiled by JPMorgan researchers, concluded that even if a tax holiday is passed, most of the money would likely be reinvested overseas. In other words, it “would not result in a flood of repatriation,” according to CNBC . JPMorgan is far from the only major corporation to call for a repatriation holiday recently. In mid-June, advocates at a corporate conference in Washington, D.C. referred to the proposed repatriation holiday as “ the next stimulus .” JPMorgan recently agreed to a $153.6 million settlement with the Securities and Exchange Commission regarding allegations that it misled investors about a mortgage securities transaction.

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Men Charged With Transporting Prostitutes To Vermont Farms

June 30, 2011

BRATTLEBORO, Vt – Federal prosecutors have charged two men with transporting several Hispanic women from New York to Vermont to have sex with farm workers. Alejandro Enrique Young-Hernandez, 53, of Hyde Park, Vermont, appeared Wednesday in U.S. District Court in Burlington on a conspiracy charge of intent to have the women, most in their early to mid-twenties, engage in prostitution at various farms, Assistant U.S. Attorney Heather Ross said on Thursday. According to the criminal complaint, Young-Hernandez, also known as Alex Young, met a Mexican man in October named Jose Tomas Flores-Rocha, also 53, who prosecutors said was in the country unlawfully. Prosecutors alleged that the men began working together to arrange so-called “tricks” for Vermont farm workers at $60 per sexual act, with Flores-Rocha bringing the handful of women from New York for that purpose. Flores-Rocha was arrested near a farm in Vermont on March 16 while traveling with a female illegal alien from Mexico who was working as a prostitute. Prosecutors said he also had a ledger with clients’ and prostitutes’ names, farm addresses, and dates and times of services rendered. Flores-Rocha pleaded guilty on June 14 to transporting the Mexican woman for prostitution and as part of a plea, admitted to having driven more than five women to Vermont for that purpose. He agreed to serve 18 months in jail, with his sentencing set for October 18. U.S. Magistrate Judge John Conroy set Young-Hernandez next court appearance for July 18. If convicted, Young-Hernandez faces up to 10 years imprisonment and a fine of up to $250,000. (Reporting by Zach Howard; Editing by Chris Michaud and Greg McCune) Copyright 2011 Thomson Reuters. Click for Restrictions .

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Men Charged With Transporting Prostitutes To Vermont Farms

June 30, 2011

BRATTLEBORO, Vt – Federal prosecutors have charged two men with transporting several Hispanic women from New York to Vermont to have sex with farm workers. Alejandro Enrique Young-Hernandez, 53, of Hyde Park, Vermont, appeared Wednesday in U.S. District Court in Burlington on a conspiracy charge of intent to have the women, most in their early to mid-twenties, engage in prostitution at various farms, Assistant U.S. Attorney Heather Ross said on Thursday. According to the criminal complaint, Young-Hernandez, also known as Alex Young, met a Mexican man in October named Jose Tomas Flores-Rocha, also 53, who prosecutors said was in the country unlawfully. Prosecutors alleged that the men began working together to arrange so-called “tricks” for Vermont farm workers at $60 per sexual act, with Flores-Rocha bringing the handful of women from New York for that purpose. Flores-Rocha was arrested near a farm in Vermont on March 16 while traveling with a female illegal alien from Mexico who was working as a prostitute. Prosecutors said he also had a ledger with clients’ and prostitutes’ names, farm addresses, and dates and times of services rendered. Flores-Rocha pleaded guilty on June 14 to transporting the Mexican woman for prostitution and as part of a plea, admitted to having driven more than five women to Vermont for that purpose. He agreed to serve 18 months in jail, with his sentencing set for October 18. U.S. Magistrate Judge John Conroy set Young-Hernandez next court appearance for July 18. If convicted, Young-Hernandez faces up to 10 years imprisonment and a fine of up to $250,000. (Reporting by Zach Howard; Editing by Chris Michaud and Greg McCune) Copyright 2011 Thomson Reuters. Click for Restrictions .

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SearchMedia Appoints Peter W. H. Tan to Board of Directors

June 30, 2011

SHANGHAI, CHINA–(Marketwire – Jun 30, 2011) – SearchMedia Holdings Limited (“SearchMedia” or the “Company”) ( NYSE Amex : IDI ) ( NYSE Amex : IDI.WS ), one of China’s leading nationwide multi-platform media companies, today announced that Mr. Peter W. H. Tan has been appointed to the Company’s Board of Directors. Mr. Tan brings more than fifteen years of global investment, corporate finance and corporate law experience to SearchMedia.

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Walter Energy Announces Resignation of Keith Calder

June 30, 2011

TAMPA, FL–(Marketwire – Jun 30, 2011) – Walter Energy ( NYSE : WLT ) ( TSX : WLT ), the world’s leading, publicly traded “pure play” producer of metallurgical coal for the global steel industry, announced today that Keith Calder has tendered his resignation as Chief Executive Officer and a director, effective July 31, 2011. The Board has named Board member Joseph B. Leonard to succeed Mr. Calder as Interim Chief Executive Officer at that time.

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Data Interchange Standards Association Installs New Board of Directors

June 30, 2011

New Representatives Elected to Provide Leadership in the Development of Cross-Industry Electronic Business Interchange Standards

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Peoplefluent Appoints Neal Bruce VP Product Management

June 30, 2011

Eighteen-Year Monster Worldwide and First Advantage Executive Brings Deep Market Expertise, Proven Product Vision and Talent Industry Thought Leadership to Company

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Plastic Jungle Names Kristin Morse Vice President of Marketing and Marketplace General Manager and Leela Suppiah Vice President of Business Operations

June 30, 2011

SAN JOSE, CA–(Marketwire – Jun 30, 2011) – Plastic Jungle , the web’s largest secured gift card exchange, today announced that Kristin Morse became the company’s new Vice President of Marketing and Marketplace General Manager, leading customer acquisition and retention as well as brand and product marketing; and Leela Suppiah became Plastic Jungle’s Vice President of Business Operations, leading customer support, trust & safety, and card processing.

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Chyron Names Jonathan Wong New Vice President of Asia Pacific Sales

June 30, 2011

MELVILLE, NY–(Marketwire – Jun 30, 2011) – Chyron today announced the appointment of Jonathan Wong as the company’s new vice president of sales for the Asia Pacific region. Based in Singapore, Wong will lead enterprise-level engagements with major broadcast media organizations and be responsible for expanding business through existing distribution channels and system integrators in the region.

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YouSendIt Continues Aggressive Expansion With New CMO and Sales Vice President

June 30, 2011

New Executives Bring Extensive Enterprise, SaaS and Security Expertise to Accelerate Growth

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Paul Abrams: Only Wall Street Can Resolve the Debt-Ceiling Impasse — By Pulling Money From Republicans

June 30, 2011

“I spend most of my time telling people to do the things they ought have the sense to be doing without my telling them” –Harry Truman. To resolve the (inevitable) impasse on the debt-ceiling, President Obama may have to hold a news conference to exhort Congress and meet with Congressional leaders to demonstrate he is trying, but resolution of the impasse can only arise from his Chief of Staff, Bill Daley’s, discussions with Wall Street and the Chamber of Commerce. In the Biden talks, the conferees have, so we are told, identified $1.3T in cuts over the next decade. The ball is in the Republicans’ court. But, left to on their own, these parties are no more likely to resolve this matter by August 2, or any other date, than the Israelis and Palestinians are to define boundaries, forswear violence, and agree to peace. There are just too many Islambouli and Amir (assassins of Anwar Sadat and Yitzhak Rabin, respectively) equivalents lurking — e.g., Grover Norquist, the Koch Boys, Freedomworks — who are prepared to assassinate politically those who stray from party orthodoxy on taxes. Recently re-elected Senators such as Tom Coburn (R-OK) may have a 5-year grace period, but Members of the House are facing re-election in 2012. Wall Street and the Chamber of Commerce (collectively, “Wall Street”) bought this Congress. Fear and delusional beliefs ignited fervor, Wall Street money sustained it, and it worked — to win. Governing has been a very different story. Even government spending Wall Street favors — e.g., infrastructure repair and development — has fallen prey to extreme rightwing ideology and partisanship. But, since Wall Street and business have been doing well — the Dow has nearly doubled under President Obama — Wall Street has felt no acute need to remind Republicans of who pays their campaign bills, and who will employ them with cushy jobs when they leave Congress to “spend more time with their families”. Now there is. [ Anyone who says that defaulting on the debt is "no big problem" cannot make the case that the debt itself is a problem because the only real concern about debt is not paying it off, aka, "default". ] Indeed, since Wall Street knows that there would be no appetite for even a morsel of bailout when it collapses this time, the stakes for Wall Street are extremely high. Debt default would be kryptonite to the masters-of-the-universe. One can be certain that, before they act, Wall Street will be looking for concessions — e.g., a pledge not to appoint Elizabeth Warren, delays in rulemaking under Dodd-Frank, lax enforcement of capital ratios, hands-off oil speculators at the CFTC, and similar “understandings”. Of course, the Administration need agree to none of them. Wall Street’s survival is on the line and, as the saying goes, “nothing like a good hanging to focus one’s mind”. But, with the possible exception of the oil speculators at the CFTC because that has such an impact on the economy, one suspects they will succumb, because the Administration cannot allow those discussions to drag on while Wall Street determines when to tell its lackeys to jump. We all love Elizabeth Warren, but one doubts the Administration would hold firm on appointing her if it can get a decent and timely deal on the debt ceiling. Wall Street knows far better than this writer what it needs to do to get the debt ceiling raised, and to make clear that it is deadly serious. One might suppose that canceling some fundraisers, and declining to provide any more money to Republican committees and lawmakers, until that debt ceiling is raised, would send a strong message. Agreeing to “be there” when these lawmakers get primaried, with early cash and ads, would provide the carrot along with the stick. [Of course, all of this will be stated in code, so there is no record of a quid pro quo ]. So, just as Israel and Egypt, and Israel and Jordan, respectively, required Jimmy Carter’s and Bill Clinton’s intercessions to make peace, our Congress needs Wall Street to avert an economic crisis that we would otherwise walk into with our eyes open. Not pleasant to admit that our democracy needs Wall Street to function politically, and I say this only in sad resignation to the truth, but it is what it is, and expecting Wall Street to act in its own selfish self-interest is as good a wager as betting the sun will rise in the East.

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Mitsui (TYO:8031) Executes WestSide Corporation Limited (ASX:WCL) Bowen Basin Tenement Farm-in Agreements

June 30, 2011

Mitsui (TYO:8031) Executes WestSide Corporation Limited (ASX:WCL) Bowen Basin Tenement Farm-in Agreements

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Eagle Eye Metals Limited (ASX:EYE) Aphrodite Gold Project Option Expiry

June 30, 2011

Eagle Eye Metals Limited (ASX:EYE) Aphrodite Gold Project Option Expiry

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Murchison Metals Limited (ASX:MMX) Received Feasibility Studies From Crosslands and Oakajee Port and Rail

June 30, 2011

Murchison Metals Limited (ASX:MMX) Received Feasibility Studies From Crosslands and Oakajee Port and Rail

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Drillsearch Energy Limited (ASX:DLS) Arno-1 Oil Exploration Well Spuds

June 30, 2011

Drillsearch Energy Limited (ASX:DLS) Arno-1 Oil Exploration Well Spuds

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Market working the aftermath of vote and retracing the gains

June 30, 2011

Market working the aftermath of vote and retracing the gains

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Mixed sentiments spotted in the currencies trading…

June 30, 2011

Mixed sentiments spotted in the currencies trading…

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U.S. Dollar Consolidation Ahead, Euro Rally Hinges On ECB

June 30, 2011

U.S. Dollar Consolidation Ahead, Euro Rally Hinges On ECB

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Euro Rallies as Greece Out of Danger, but Watch Spain and Italy

June 30, 2011

Euro Rallies as Greece Out of Danger, but Watch Spain and Italy

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Buy USD/CAD After Rebound Above Two-Month Range Bottom

June 30, 2011

Buy USD/CAD After Rebound Above Two-Month Range Bottom

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NZD/CAD Approaches Channel Support- Bullish Scalp

June 30, 2011

NZD/CAD Approaches Channel Support- Bullish Scalp

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Strong Risk and Euro Momentum Will Soon Enter a Liquidity Vacuum

June 30, 2011

Strong Risk and Euro Momentum Will Soon Enter a Liquidity Vacuum

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Two Techniques to Maximize the Results of a Trade

June 30, 2011

Two Techniques to Maximize the Results of a Trade

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US Dollar Finds Refuge at Key Retracement Level- Sell-Off to Slow

June 30, 2011

US Dollar Finds Refuge at Key Retracement Level- Sell-Off to Slow

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QE2: Was it Worth It and Will There be a QE3?

June 30, 2011

QE2: Was it Worth It and Will There be a QE3?

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U.S. Stocks opened in green to extend the weekly gain…

June 30, 2011

U.S. Stocks opened in green to extend the weekly gain…

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The car that drives itself from Volkswagen

June 30, 2011

The car that drives itself from Volkswagen

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US jobless claims came out worse than forecasts while that the country’s business conditions managed to enhance slightly this month…

June 30, 2011

US jobless claims came out worse than forecasts while that the country’s business conditions managed to enhance slightly this month…

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Australian Dollar Surges as Traders Chase Yields- CHF Plummets

June 30, 2011

Australian Dollar Surges as Traders Chase Yields- CHF Plummets

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Swiss Franc Threatens Trend, Canadian Dollar Searches For Resistance

June 30, 2011

Swiss Franc Threatens Trend, Canadian Dollar Searches For Resistance

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U.S. Dollar Mostly Lower as End of Quantitative Easing Approaches

June 30, 2011

U.S. Dollar Mostly Lower as End of Quantitative Easing Approaches

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Forex: Euro Relief Rally To Taper Off, Sterling Searches For Support

June 30, 2011

Forex: Euro Relief Rally To Taper Off, Sterling Searches For Support

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CCI to Trigger NZD/CHF Selling

June 30, 2011

CCI to Trigger NZD/CHF Selling

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Crude Oil, Gold May Stall to Digest Gains But Setup Favors Gains

June 30, 2011

Crude Oil, Gold May Stall to Digest Gains But Setup Favors Gains

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European shares closed in green, amid optimism Geece will avoid default…

June 30, 2011

European shares closed in green, amid optimism Geece will avoid default…

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Greek Vote Passage Pushes Euro Higher, But Uncertainty Still a Factor

June 30, 2011

Greek Vote Passage Pushes Euro Higher, But Uncertainty Still a Factor

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Day Trader Wins 25K in Monthly Forex Trading Contest

June 30, 2011

Day Trader Wins 25K in Monthly Forex Trading Contest

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CA Technologies to buy Interactive TKO for USD330m

June 30, 2011

CA Technologies to buy Interactive TKO for USD330m

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Samsung urges US to stop imports of Apple products

June 30, 2011

Samsung urges US to stop imports of Apple products

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Turkey’s Ekinciler may produce stainless steel

June 30, 2011

Turkey’s Ekinciler may produce stainless steel

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Daimler to invest USD2.8b in its Chinese JV

June 30, 2011

Daimler to invest USD2.8b in its Chinese JV

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Lloyds Banking Group will cut 15,000 jobs reducing the costs

June 30, 2011

Lloyds Banking Group will cut 15,000 jobs reducing the costs

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Optimism prevails on Greece with new labor and manufactuing data pending to be released…

June 30, 2011

Optimism prevails on Greece with new labor and manufactuing data pending to be released…

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Latest Bout of Currency Strength Called Into Question; USD Recovery Looms

June 30, 2011

Latest Bout of Currency Strength Called Into Question; USD Recovery Looms

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May’s intl air passenger volume up 6.8%

June 30, 2011

May’s intl air passenger volume up 6.8%

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ONGC to sell 3 coal-bed methane blocks

June 30, 2011

ONGC to sell 3 coal-bed methane blocks

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Global tourism to boom in 2011, despite unrest

June 30, 2011

Global tourism to boom in 2011, despite unrest

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