Mini Forex Trading

World oil prices set new records beyond 75 dollars

A trader in the crude oil futures pit yells out during trading at the New York Mercantile Exchange in New York. Crude oil prices hit all-time highs above 75 dollars per barrel in London and New York on signs of strong global demand and simmering geopolitical tensions, particularly over Iran and North Korea, analysts said. .

EBS Dealing Resources Extends EDS Relationship; EDS Will Continue ...

PLANO, Texas, June 7 /PRNewswire-FirstCall/ -- EDS today announced it is extending its nearly decade-long relationship with EBS Dealing Resources, the world's leading provider of trading and market data solutions to the professional FX and precious metals communities. Financial details of the agreement were not disclosed.

EDS (http://www.eds.com/ ) will continue to enable EBS' (http://www.ebs.com/ ) global growth with a range of IT services including management of the company's global network operations, field services and telecommunications.

"By the nature of our business, we need to ensure that our clients have the most accurate trading information and market data in real time," said Bill Moran, Chief Operating Officer of EBS. "Key is our ability to improve trading response time across a globally distributed network as we respond to an increasingly more competitive marketplace.

Google Checkout Is Based on Its Own Currency

MOUNTAIN VIEW, Calif. - While e-commerce analysts describe what is expected to be a war for the minds and wallets of Internet shoppers between Google Checkout and PayPal, the most important feature of Google Checkout has gone virtually unremarked. Checkout is based on a new currency issued by Google: the Googlerand. "The days of geophysical nation states and the monetary systems to which they are tied are obviously numbered," said Marcy Chung, director of Google's newly created mint. "Future wars won't be fought over oil or piles of sand or competing interpretations of the words of some dead prophet, but over the way people do their shopping and banking online. That's why it was important for us to become the first search engine-slash-
portal to issue its own currency." Officials at Yahoo! and Microsoft, who were apparently caught off guard by Google's latest maneuver in its quest for world domination, were unavailable for comment last night.

Sensis forecasts upbeat

TELSTRA chief executive Sol Trujillo has rejected claims the company's core growth engine, online directories business Sensis, will miss its aggressive growth targets.

"Everything we are doing (with Sensis) basically is on track," Mr Trujillo said.

Last November, Mr Trujillo said he expected Sensis to double revenue within five years to more than $3 billion. But analysts are not so certain.

Macquarie Bank telco analyst Tim Smart last month challenged the market's expectation that Sensis could increase revenue by 6-7 per cent a year until 2010.

"Sensis is still generally considered a solid, relatively low-risk growth engine for Telstra, (but) in light of emerging, powerful, new online local search competition, we challenge the consensus view of growth and risk," he wrote.

Aftermarket Movers: Starbucks Drips

NEW YORK (AP) - Starbucks Corp. saw its share price slip in extended trading Thursday on disappointing same-store sales. In the tech sector, revised guidance pushed down shares of semiconductor company PMC Sierra Inc. and software maker Business Objects SA.

The Seattle-based coffee chain reported higher revenue for the second quarter compared with the same period in 2005, but missed Wall Street estimates for same-store sales, or stores open for a year or more.

EBS Dealing Resources Extends EDS Relationship; EDS Will Continue ...

PLANO, Texas, June 7 /PRNewswire-FirstCall/ -- EDS today announced it is extending its nearly decade-long relationship with EBS Dealing Resources, the world's leading provider of trading and market data solutions to the professional FX and precious metals communities. Financial details of the agreement were not disclosed.

EDS (http://www.eds.com/ ) will continue to enable EBS' (http://www.ebs.com/ ) global growth with a range of IT services including management of the company's global network operations, field services and telecommunications.

"By the nature of our business, we need to ensure that our clients have the most accurate trading information and market data in real time," said Bill Moran, Chief Operating Officer of EBS. "Key is our ability to improve trading response time across a globally distributed network as we respond to an increasingly more competitive marketplace.