Power3 Medical Products, Inc. (PWRM.OB) is a leading bio-technology company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases such as Alzheimer’s disease, Parkinson’s disease and amyotrophic lateral sclerosis (commonly known as ALS or Lou Gehrig’s disease).

The USD JPY hit a key 50% price at 80.40 as forecast, triggering some light profit-taking. Although traders anticipate another round of intervention, there has been no notable central bank activity at this time. This could mean that aggressive traders will continue to push the Dollar/Yen lower into the next retracement level at 80.04.

The U.S. Dollar is giving back some of Tuesday’s gains overnight but investors remain jittery over European bank concerns.

The EUR USD rallied sharply higher on Wednesday after the European Central Bank reported that demand for three-month loans by member banks was weaker-than-expected. This news came as relief for traders who were looking for European banks to be a little more active at the lending window given the bleak outlook for the Euro Zone economy.