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Buy Euro as Decline Ends, Citigroup Says: Technical Analysis

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By Allison Bennett “There are good indications that euro-dollar may have set a low at the end of last week,” technical analysts led by Tom Fitzpatrick in New York wrote in a report. “Focus is on near term resistance at 1.3750 and a close above there would be a bullish short-term
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Crude, Gold May Gain as Trichet Sparks Greek Bailout Speculation

Commodities - Energy Crude Supported as Trichet Feeds Greek Bailout Speculation Crude Oil (WTI)       $72.49       +$0.60       +0.83% Prices remain range-bound above resistance-turned-support at the top of a previously broken falling channel

Stiglitz Sees No Greek Default as ‘Speculative Attacks’ Persist - Bloomberg.com

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“I’ve been very impressed with the comprehensive approach they’ve had,” Stiglitz said in an interview on Bloomberg Television today. “There’s clearly no risk of default. I’m very confident about it.” Greek Finance Minister George Papaconstantinou said yesterday that he can’t
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Euro to Fall on ‘Dead Cross’ Against Dollar: Technical Analysis

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By Ron Harui The European currency’s 50-day moving average, currently at $1.4324, dropped below its 200-day moving average of $1.4351 today, creating a dead-cross pattern. The euro slid 11.9 percent in less than two months after the last such cross occurred, dropping from $1.3998 on
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Murtha, Backer of Troops, Earmarks in Congress, Dies (Update2)

Feb. 8 (Bloomberg) -- John Murtha , a former Marine drill instructor turned congressman who unapologetically wielded his power to benefit his Pennsylvania district, died today. He was 77. During 36 years in the House, the Vietnam veteran from Johnstown, Pennsylvania, rose to chairman of the

Murtha, Backer of Troops, Earmarks in Congress, Dies (Update2) - Bloomberg.com

Feb. 8 (Bloomberg) -- John Murtha , a former Marine drill instructor turned congressman who unapologetically wielded his power to benefit his Pennsylvania district, died today. He was 77. During 36 years in the House, the Vietnam veteran from Johnstown, Pennsylvania, rose to chairman of

Blair’s Business Backers Split in ‘Up for Grabs’ Vote (Update1) - Bloomberg.com

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“I might decide 24 hours before,” Gilkes, 69, said of the election, which Blair’s successor, Gordon Brown , must call by June. “I have no wish to publicly declare I am changing my allegiance, but I cannot endorse the current leadership.” Gilkes’ hesitation to support the
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Blair’s Business Backers Split on Brown in ‘Up for Grabs’ Vote - Bloomberg.com

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“I might decide 24 hours before,” Gilkes, 69, said of the election, which Blair’s successor, Gordon Brown , must call by June. “I have no wish to publicly declare I am changing my allegiance, but I cannot endorse the current leadership.” Gilkes’ hesitation to support the
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SAP CEO Apotheker Unexpectedly Quits; Co-CEOs Named (Correct) - Bloomberg.com

Feb. 7 (Bloomberg) -- SAP AG Chief Executive Officer Leo Apotheker unexpectedly resigned after the world’s largest business-management software maker’s supervisory board decided not to extend his mandate. Apotheker’s exit comes less than a year after he took over in May 2009 as the

SAP CEO Apotheker Unexpectedly Quits; Co-CEOs Named (Update1) - Bloomberg.com

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Feb. 7 (Bloomberg) -- SAP AG Chief Executive Officer Leo Apotheker unexpectedly resigned after the world’s largest business-management software maker’s supervisory board decided not to extend his mandate. Apotheker, 56, presided over the first annual drop in revenue at the company since
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