Ecommerce Journal

Forex trends: pound reverses its uptrend direction

kara deniz — Wed, 17 Mar 2010 16:47:42 +0000

During Wednesday mid-day North American session, the UK sterling dropped from early morning session's highs against its key opponents during New York.

After hitting new multi-week high of 0.8956 by about 9:20 am ET, the pound reversed its direction against the euro in New York mid-day deals today. As of now, the pair is worth 0.8989, compared to yesterday's close of 0.9032.

Forex trends: euro continues sliding despite rally in stocks

kara deniz — Wed, 17 Mar 2010 16:33:26 +0000

During early deals in New York today the 16-nation currency lost ground across the board, however, European stocks surged. The euro thus fell to a near 3-week low against the pound and a 16-1/2-month low against the franc.

At about 10:32 am ET, France' CAC 40 rose by 18 points or 0.5%, Germany's DAX garnered 46 points or 0.8% and the UK's FTSE 100 added 26 points or 0.5%.

Why Justice Department violates the terms of social networks

Petrony — Wed, 17 Mar 2010 15:13:49 +0000

MySpace, Facebook, and other social networking sites are being increasingly used by the US agents to find and seize users under investigation for breaking the law. According to a report by the US Justice Department agents do this by infiltrating fake profiles on these social media resources.

New concept of NFC payment solution is launched by First Data and Tyfone

Petrony — Wed, 17 Mar 2010 15:10:09 +0000

First Data and Tyfone have partnered for a commercial mobile wallet offering, forming an alliance.

Google situation in China damages Chinese businesses

Petrony — Wed, 17 Mar 2010 15:05:00 +0000

As Google is negotiating its status with the Chinese government and is supposedly determined to leave the country 27 of Google's Chinese ad partners wrote a letter asking the Internet giant to explain and detail its position in China. They said that their businesses are hit by the situation around the search engine company and they want to know whether and how they will be compensated if the company decides to exit after all.

PayPal now accessible for China UnionPay cardholders

Petrony — Wed, 17 Mar 2010 14:53:14 +0000

PayPal has partnered with China UnionPay to allow millions of its cardholders to use PayPal to shop online. The initiative thus provides international retailers with a huge opportunity to sell to a large base of Chinese customers.

Dubai World won’t become a default after all, the whole debt will be paid!

Petrony — Wed, 17 Mar 2010 14:49:10 +0000

A number of largest banks who turned exposed to Dubai World possible default will get back their money after all. Dubai World will repay in full the $26 billion debt it is renegotiating, with interest likely linked to LIBOR.

Battle of investment projects: PtvPartner VS General-Income

fairyjadoo — Wed, 17 Mar 2010 14:46:01 +0000

Our battle of investment project analysis for today is between www.ptvpartner.com and www.general-income.com.

Genius Funds has: downgraded status, live chat and increasing ban plague

Petrony — Wed, 17 Mar 2010 13:48:20 +0000

In light of the latest media reports along with users’ complaints and website inaccessibility HYIP monitors decided to downgrade the online investment project Genius Funds to “Problem” status.

Now on the websites of main monitors you can see the following picture:

GoldPoll.com

Euro and pound will no longer exist soon

Petrony — Wed, 17 Mar 2010 12:12:42 +0000

Jim Rogers, a prominent expatriate American investor and financial commentator, said on Wednesday that the euro and the pound are unlikely to exist as currencies over the long term.

"The euro will probably break up in the next 15 to 20 years," Rogers said in an interview. "Don't get me wrong, I own the euro."

Microsoft is obliged to pay over $105 million for violating VirnetX patent

kara deniz — Wed, 17 Mar 2010 09:51:46 +0000

Texas court obliged Microsoft to pay VirnetX, communications software producer, $105.75 million after a jury found the software giant guilty of intended violation of two patents belonging to the company.

In the case that started over two years ago, VirnetX blamed Microsoft for violating the two patents, which are related to communications security, at the US District Court for the Eastern District of Texas.

What PlayStation like game consoles do to your children?

kara deniz — Wed, 17 Mar 2010 09:00:47 +0000

According to the new study, young boys who receive their first video game system don't progress as quickly in school as boys who don't have such gaming devices. That means, parents who worry about their kids addicted to video games might be right.

The study was published last week in Psychological Science, a journal of the Association for Psychological Science.

The average reading and writing scores of the young gamers don't go down, but they don't improve either as study found.

Forex trends: buck tumbles on rise in Asian and European stocks

kara deniz — Wed, 17 Mar 2010 08:54:05 +0000

Wednesday, in Asia the greenback plummeted against its European rivals as a rise in Asian stocks diminished demand for the safe-haven greenback.

Asian stock markets strengthened Wednesday as US and Japanese central banks promised to maintain loose monetary policies, buoying hopes for recovery in the world's two largest economies.

Don’t use Internet Explorer 9, or discard your Windows XP

Petrony — Wed, 17 Mar 2010 08:34:44 +0000

Users of Windows XP will have to upgrade their operating systems to Windows 7 if they want to use new web browser by Microsoft. Internet Explorer 9 that comes next year would not support the ten years old platform.

Forex trends: yen’s losing ground hitting new multi-day lows

kara deniz — Wed, 17 Mar 2010 08:31:21 +0000

During Asian deals on Wednesday, the Japanese that showed firmness started losing thereafter as investors reacted to the Bank of Japan's decision to ease its ultra-loose monetary policy further by expanding its three-month funding operation introduced in December. The yen thus plunged to a 6-week low against the NZ dollar and the franc, 2-day low against the euro and the aussie and a 5-day low against the loonie and the pound.

Metal markets: gold continues recovering over Fed’s interest rates decision

kara deniz — Wed, 17 Mar 2010 08:13:47 +0000

Wednesday, bullion prices continues climbing after having gained more than 1% the previous day as a US Federal Reserve decision to hold interest rates unchanged burnished the metal's investment appeal.

Spot gold was at $1,126.60 an ounce by 2:41 GMT, up $1.90 from New York's notional close on Tuesday, when it hit an intraday high of $1,128.45, its strongest since March, 8 within sight of a 6-½ week high at $1,144.60 hit in early March.

Google Nexus One outstrips Apple and Motorola

kara deniz — Wed, 17 Mar 2010 06:11:15 +0000

According to the report from an analytics company Flurry, Google’s sales of its Nexus One smartphone have significantly straggled the pace of Apple’s iPhone and Motorola’s Droid sales.

Google launched the Nexus One phone, which it developed with handset manufacturer HTC Corp of Taiwan, in January, marking the first time the search engineer had sold a hardware device directly to consumers.

Genius Funds’ trading has been banned in Canada

Petrony — Tue, 16 Mar 2010 15:33:31 +0000

Ecommerce-Journal continues observing the situation around investment company Genius Funds. On March 10th Canadian province Alberta banned the business activity of the online investment company on the grounds of illegal trading.

On the official website of the Alberta Securities Commission (ASC) readers can find an Interim Cease Trade Order against Genius Funds, Genius Investments and Genius Investments (Cyprus) Limited.

Battle of investment projects: UmaxFunds VS WhiteFund

fairyjadoo — Tue, 16 Mar 2010 14:52:37 +0000

Our battle of investment project analysis for today involves two investment programs which are http://www.umaxfunds.com and http://www.whitefund.com.

Forex news: dollar shows mixed trading ahead of Fed policy meeting

kara deniz — Tue, 16 Mar 2010 14:07:16 +0000

Tuesday, during early European session the US currency revealed mixed presence against its main counterparts ahead of the outcome of the US Federal Reserve's policy meeting later in the day. The dollar thus rebounded from a 6-day low against the yen, but pared recent gains against the European majors. The dollar eased from a 5-day high against the pound.