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Updated: 57 min 6 sec ago

Opening Comment 06.04 (source: Daily FX)

Fri, 06/04/2010 - 12:00
Despite some uplifting and risk positive news over the past few sessions, the Euro remains under pressure and trades just over its recent 2010 lows against the USD. (source: Daily FX) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com

News: Super Mario Galaxy 2 shines in Japanese chart

Fri, 06/04/2010 - 11:56

Super Mario Galaxy 2 has entered the Japanese sales chart at number one, outpacing the debut of its immediate predecessor by 90,000 units. With 339,901 units sold in its first week Super Mario Galaxy 2 has become the fastest-selling 3D Super Mario game on any format.

However, the game still trails significantly behind the 2D iterations in the series, with New Super Mario Bros. Wii selling 935,000 units in its first week in Japan. Super Mario Galaxy went on to sell 1 million units in Japan, whereas New Super Mario Bros. Wii is currently on 3.86 million.

Although a busy week for new releases most of the other new titles are unique to the Japanese market, with the latest Super Robot Wars OG Saga tactics game on Nintendo DS entering at number two with 80,764 units sold.

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News: Matsuura unveils latest One Big Game

Fri, 06/04/2010 - 11:51

The latest title from Martin de Ronde's One Big Game charity organisation has been announced - WINtA (War Is Not the Answer) - a music rhythm game for the iPad and iPhone platforms.

The game is a collaboration between NanaOn-Sha's Masaya Matsuura and Dutch developer Triangle Studios, and was demonstrated on-stage in a keynote session at this year's NLGD Festival of Games event taking place in Utrecht.

Price points and release dates haven't yet been announced, but a significant amount of sales revenue will go to a selection of children's charities.

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News: Bigpoint signs with Universal for The Mummy IP

Fri, 06/04/2010 - 11:47

German browser games specialist Bigpoint has acquired the license to Universal Pictures' The Mummy, with plans for an online MMOG to launch later this year.

The company is currently pursuing licensed content in order to expand its reach outside of Europe, having recently also signed a deal to produce a game based on Battlestar Galactica.

"We are excited to adapt this popular film franchise for the global online games market," said Heiko Hubertz, CEO and founder of Bigpoint. "By leveraging our mastery of browser-based games technology and Universal Pictures’ popular entertainment property, Bigpoint is quickly becoming one of the leading publishers of licensed games."

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Trade Idea: AUD/USD – Stand aside

Fri, 06/04/2010 - 11:19

Despite yesterday’s brief retreat to 0.8365, as the Australian dollar has rebounded, suggesting a test of resistance at 0.8552 is likely, however, break there is needed to bring stronger retracement in 2nd wave b for gain to 0.8600.

Majors Daily Forecast 4 June 2010

Fri, 06/04/2010 - 11:00
EUR/USD Buy at 1.2166 SL 1.2134 TP 1.2243 USD/JPY Buy at 92.60 SL 92.28 TP 93.32 GBP/USD Buy at 1.4609 SL 1.4577 TP 1.4697 USD/CHF Sell at 1.1558 SL 1.1590 TP 1.1474

Article: Festival of Games 2010 Coverage

Fri, 06/04/2010 - 11:00
The Festival of Games takes place is taking place in Utrecht, The Netherlands, and brings together a strong line-up of local and international speakers alongside a focus on education, investment opportunities, and games businesses of all sizes. During the course of the event, which runs from June 3-4, we'll be updating this event blog regularly with a flavour of sessions, interviews and general buzz on the show floor.

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Editorial: Feedback Loop

Fri, 06/04/2010 - 11:00

For better or worse, platforms such as the iPhone and Facebook are changing the way we develop, publish and even think about videogames. Despite heavy skepticism only a handful of years ago, most industry executives' eyes now light up when you mention these emerging platforms and new business models.

Not all of them, of course, actually know how to leverage this new potential, and some of the businesses they helm will be dragged under in the coming years by a failure to adapt to the new realities of the market. Capitalism, like evolution, isn't always simply a matter of survival of the fittest; the ability to adapt rapidly to changing circumstances is the true key to long-term success.

In all of the talk about how new platforms are changing the business of games, however, we often lose sight of what may be an even more important issue - the way in which these platforms are actually changing games themselves. Any gamer can tell you that Facebook games are very different beasts from their console counterparts, or that iPhone games are slowly evolving a rule-book of their own which is quite distinct from those of previous titles. What's less immediately apparent is how some of that thinking is feeding back into more traditional gaming platforms, and introducing sweeping changes to how games are developed.

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EUR/JPY Daily Outlook

Fri, 06/04/2010 - 10:48
EUR/JPY dips mildly after recovering to 114.13 as intraday bias is turned neutral again. After all, note that consolidations from 108.82 might still extend further. But upside is expected to be limited by 38.2% retracement of 127.88 to 108.82 at 116.10 and bring fall resumption. On the downside, below 109.76

Doodle Ski Is Now Available On The App Store

Fri, 06/04/2010 - 10:03
You Got What It Takes To Carve The Icy Slopes?

Forex Technical Analytics

Fri, 06/04/2010 - 09:41
Low activity of both parties, as a result of the previous trading day, did not favor closing out earlier opened long positions. Nevertheless, this factor, considering the chosen strategy, suggests further holding of open buying positions with the targets of 1,1580/1,1620 and (or) further break-out variant up to 1,1660/80, 1,1720/40.

EUR/USD - Daily trading Signals 04/06/2010 AutotradingFX

Fri, 06/04/2010 - 09:07
Entry Buy: 1.2250 T/P Buy: 1.2274, 1.2300 S/L Buy: 1.2200

EUR/USD Classical 06.04 (source: Daily FX)

Fri, 06/04/2010 - 09:01
The overall structure remains intensely bearish, with next key support now eyed by psychological barriers at 1.2000. (source: Daily FX) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com

Euro Zone To Expand In The First Quarter

Fri, 06/04/2010 - 08:57
The 16-nation economy is predicted to expand 0.2% in the first quarter after stagnating in the fourth quarter, but recovery is expected to be sluggish this year due to the debt crisis that hit Europe since the end of last year, triggered by Greece which now has the highest sovereign

Crude Oil Testing Resistance After Bullish Inventory Data (source: Daily FX)

Fri, 06/04/2010 - 07:42
Falling inventories and supply concerns propel crude oil prices toward $75.00 resistance. (source: Daily FX) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com

NBA Betting Odds: Magic Look To Avoid Sweep Tonight

Fri, 06/04/2010 - 07:00
The Orlando Magic came into the Eastern Conference finals as the team to beat. Tonight, the Magic will have to win just to keep from being embarrassed in the series by the Boston Celtics.

Markets Trade Mixed Ahead Of US Payrolls Report

Fri, 06/04/2010 - 06:59
The USDJPY traded at 92.64 after it reached 92.81, the strongest since May 18 was poised for a two-week advance after Fed's Hoenig's call for an increase in the interest rates to 1%. He also added that the first step toward a more normal policy is to move policy rates

Dollar Pullback to Yield Entries vs Pound, Commodity Bloc (source: Daily FX)

Fri, 06/04/2010 - 06:41
EURUSD: Positioning Hints Upswing May Be Ahead USDJPY: Short-Term Bearish Bias Invalidated GBPUSD: Doji Suggests Down Trend May Resume USDCAD: Pullback to Yield Buying Opportunity AUDUSD: Prices Recover, Stall at Fib Level NZDUSD: Upward Correction Finds R... (source: Daily FX) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com

USD At Important Technical Levels Ahead Of Labor Data

Fri, 06/04/2010 - 04:27
The dollar traded mostly higher on Thursday ahead of Friday's important US labor data. ADP's forecast of private-sector payrolls rose less than expected. US service industries expanded for a fifth consecutive month. The S&P 500 index traded in a narrow range and increased 4.45 to 1,102.83. The dollar index is

Mexico Beats Behind Carlos VelaItaly In Final World Cup Tuneup

Fri, 06/04/2010 - 04:00
If Italy is going to defend their World Cup title, they will have to play much better than they did on Thursday during their final World Cup tuneup against Mexico.