Can the kind of person you are affect your auto insurance rates?
You will be surprised at the number of personal factors that can drive the cost of your auto insurance and that many a time, it is you who can rein in and avoid some extra money going away from you via its premiums. Of course, the basic pricing cannot change, but it would certainly help if you get an idea about the above-mentioned factors.
EUR USD breaks above the 1.3900 level and has shifted the momentum. Intraday bias has changed to the upside, as long as the 1.3427 minor support line is not broken. On the upside, the DOW medium swing (from the 1.3427 low) has been able to successfully break the 1.3880 minor resistance line and is targeting the 1.4280 major resistance line.
The lack of confidence in Australia’s growth prospects has been helping to pressure the AUD USD. Traders started selling the Aussie after reports surfaced that some economists were cutting short-term gross domestic product forecasts for Australia following recent flooding in the state of Queensland.
With the Bernanke news a non-event, traders will be watching the Case-Shiller Housing Report and the Conference Board’s Consumer Confidence figure for direction. The Case-Shiller Report is expected to show a decline of 16.4%. This number would be the smallest drop in almost a year.
This week we discuss the economic forecasting ability of the World Bank over the last decade, which, despite access to mountains of grassroots data, under-estimates growth in good times, over-estimates it during crises, sometimes misses crucial turning points and only occasionally gets things right.
In the last three weeks, three significant policy announcements have been made. The Federal Reserve stated it is firmly committed to Quantitative Easing and will double its balance sheet before the end of 2009. Treasury Secretary Geithner announced a plan to get toxic assets off of bank balance sheets.