[Jason_Lim]

EUR/USD received some support from the better than expected PMI readings. While the survey data does indeed indicate that the “second derivative” has turned positive for the Eurozone, the “first derivative” is still negative, meaning despite the speed of the contraction slowing, the economy is still shrinking (as signaled by the sub-50 reading of the PMI survey). As such, it is difficult to get too excited about the better than expected data readings seen on Thursday with the ECB still scheduled to cut the refi rate by 25bp in May and implement some additional unconventional measures. Indeed, the market continues to lose hope on the European rate story with the key two-year Eurozone-US swap spread having declined by about 11bp since mid-month. In this context, the EUR-USD rally is unlikely to last. Separately, EUR-CHF came under extreme pressure after Reuters reported the SNB’s Hildebrand as saying “have to let recent measures work before thinking about more”. The market may have interpreted this as a sign that the SNB will reduce its FX intervention efforts. However, it is unlikely that
Hildebrand was referring to a decrease in FX intervention and more likely that he was referring to not implementing a different set of quantitative easing measures until the results of present policies are seen.

[uggbootsa4]

Saving On Your Motoring Fuel Expenses - An Easy-to-Follow Guide


The United States does not have an effective system for mass transport, so Americans need to drive cars instead. There are numerous causes, like wild speculating, greed of oil companies, or just supply and demand, for gas prices to be higher than ever. Information on how to save on oil would thus be welcome right now. Before you know it, you'll have saved a considerable amount of money, with some from here and some from there.

Automobiles that use fuel efficiently, for example sedans, or hybrids, if you can spend a bit more, are one plain way to reduce fuel expenses. But even with gas-guzzlers, there are ways to use less gasoline, like driving more slowly and avoiding quick acceleration. Learn to take advantage of the momentum of the car to keep it going forward, with your foot off the gas pedal, whenever you can, to save on fuel. Lots of minor things will keep your gas tank from running out of gas too fast.

Make sure you use the fuel grade that has been set for your car. Premium fuel, for example, costs more but will benefit only some cars, so don't waste money here if your auto is not one of them. You can save quite a bit on gas if you drive slower, and remove any needless weight from your car. Driving fast means more air must be transplaced and that drag climbs up, which all means a diminution in fuel efficiency. As well as being safer, driving more slowly can help save you money.

Taking out the roof racks from your vehicle will improve your gasoline consumption, so take it off if you're not actually using it. Fuel consumption is affected not only by the weight, but by the increased drag caused by roof racks also. Take a look in your automobile's trunk and get rid of any weight that's not essential, no matter how little you think the difference it may make. Our alternatives, with gasoline prices apparently set on an upward path, are limited: look into fuel substitutes and alternatives, and apply ways to cut back on how much we use, or simply resign oneself to the high prices. It's hard to get people to do more than just complain, and so the majority continue in their usual ways and simply pay the higher fuel costs.

Besides automobiles with greater fuel-efficiency being bought in greater numbers, nothing much is being done. Most of the individuals who try to lower their fuel consumption are those whose budgets exclude them from trying the other alternatives. Maybe, one day soon, it will get through to all of us that it's a great idea to use gas as sparingly as possible. If every motorist would only slow down when driving, the roads would be safer, cleaner, and money would be saved.

Seattle Mariners Jerseys
Minnesota Timberwolves Jerseys

Arizona Cardinals
Buffalo Bills

09 ALL STAR
2011 Super Bowl

jerseys sale
Atlanta Braves

New York Jets
Tampa Bay Rays