CEO departures highest since Sept. 2008

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The number of chief executives who left their posts surged in February to the highest level since September 2008, when the economy was rocked by the financial crisis.

Jobs: Short-term hope, long-term despair

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Friday's jobs report showed some glimmers of a recovery but If you're among the 8.8 million Americans still unemployed after nearly four months, you may have been left scratching your head.

Fewer states report jobless rate increases

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A total of 30 states and Washington, D.C., reported rising unemployment rates in January, down from the number in the previous month, according to a government report released Wednesday.

Currency Majors Technical Perspective

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EUR/USD Current price: 1.3607 Pair remains steady in past days range, having yet no defined any midterm possible trend. Capped by the 1.3640 resistance area at the top, hourly indicators flat as well as 20 SMA yet under current price, show we need some acceleration either above 1.3640 or under 1.3580 support area, to define intraday trend. Support levels: 1.3580 1.3530 1.3485 Resistance levels: 1.3610 1.3640 1.3685 GBP/USD Current price: 1.4950 Pound slump after early data, bottomed at the


European Shares Seem Stuck in Neutral

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European shares slipped back into a familiar pattern on Wednesday, once again trading within a narrow range.

5 Vote(s)

USD/CHF Daily Outlook- 10 March 2010

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With 1.0809 minor resistance intact, consolidations from 1.0897 is still in progress and another fall might be seen. Nevertheless, downside is expected to be contained by 1.0608 cluster support (38.2% retracement of 1.0131 to 1.0897 at 1.0604) an

6 Vote(s)

Chart USD/BRL Update: Inching closer to S/T bottom territory

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Published at 14:15 (GMT) 10 Mar 9:15 EST - USD/BRL is not seeing any solid downside momentum around the 1.773 to 1.75 zone. Though, there is still time for one more push toward the 1.75 barrier before the mkt forms a S/T bottom. We would use a close above the upper TL at 1.809 as a breakout signal if seen in the day(s) ahead. R.Z