Hmm, I never thought they’d do this, but apparently the people behind FapTurbo are going to increase the price for their product from $97 to $149.95 this coming Monday (Dec 01, 2008). I found out about this from an e-mail sent by one of their affiliates. Here is a copy of the e-mail:
hello Alan
We just […]
We have AUD Monetary Policy Minutes coming out at 8:30pm and AUD RBA Governor Stevens Speaks at 10:10pm.
The New Zealand Consumer Prices came in as expected for the 3rd quarter:
In addition Food Prices came in softer (MoM) for September 0.6% versus the 2.7% for August.
Dow jumps higher on the better then expected Leading Indicators
Good Morning:
Today, Fed Chairman Bernanke will testify before the House Budget committee to discuss the status of the financial crisis. LIBORs this morning are lower, thus adding speculation that calm is beginning to enter into the credit markets.
World equity markets rose as higher crude prices helped the energy sector, and world governments continued to pour funds into the financial sector to ease the credit crisis.
Public Sector Net Borrowing
Expected at 6.9B
Prior 10.4B
Actual 8.1B
Preliminary M4 Money Supply
Expected at 0.9%
Prior 1.4%
Actual 1.4%
USD TRY seems to have tested 1.5425 level twice over the last few days. Look to 1.4675/80 as support level with a break below yielding to the 1.4500/05 area (100 hr MA) as first level of support.
EUR/USD is in consolidation on the daily between a range of 1.3778 and 1.3261 looking for a breakout either way. Keep close watch on these levels for direction on the pair over the next few weeks. A Break above could give way to resistance at 1.3916 while a break below could yield levels not seen within the past year.
