Gomez Peers Paid You

Gomez Peers (formerly Porivo) launched in early 2001. They are a peer computing network which measures the performance of customer websites. They pay members of their network (that's you if you join) to be online while running the Peer software. During idle time the software uses your internet connection to test websites (yes, this means you can get paid while you sleep). Members are paid $.05/day plus $.03/hour for each hour of processing time. Members are only paid for days that they run the software for 2 hours or more. This should be easy to do considering that you can run the software at night. Payments are made monthly to all members with a $5 minimum via PayPal, Alipay and Moneybooker. Gomez peer is very reliable and all personal data is completely private. Recommended to join, click here.

Referral Program: $1 for each active referral to the program.
Important : Gomez gives members active status based on demographics and usage. Do not lie about your connection type, you will not get approved if you do this. They review all member accounts within 10 days of signing up so, in order to increase your chances of being selected, you'll want to download and run the software as much as possible during your first 10 days. Members who are not initially picked as active can become active by continuing to run the software. They are looking for both dial up and high speed connection users.

Payment Proof and History:
I got eighteenth paid ($5.46) from Gomez Peer on 9 Feb 2009 into my Paypal.
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Dollar Steady after NFP

Dollar remains rather steady in early US session after another poor employment report from US. Non-Farm Payroll report showed -598k contraction in Jan, largest monthly decline since 1974 and much worse than expectation of -525K. Unemployment rate climbed to 16 year high of 7.6% in Jan, above expectation of 7.5%. Jan's figure also marketed the first time since records began in 1939 that job cuts exceeded half a million in three consecutive months. Unemployment rate in Canada rose much more than expected to 7.2% in Jan, highest level since 1003 and much worse than expectation of 6.8%. The job market contracted for the third consecutive months by -129k, exceeding any monthly drop on recrod and much worse than consensus of -40k. The Canadiand dollar is sold off immediately following the release and is also pressured with crude oil back below 40 level.
In the UK, industrial production plunged -1.7% mom in December following a revised -2.5% in the previous month. On yearly basis, the -9.4% plunge, worse than both consensus of -7.9% and -7.8% in December, was the biggest decline since 1981, Manufacturing output contracted -2.2% mom, after a fall of -3% in November. The -10.2% slump on annual basis was also the weakest figure since 1981. In November, the reading was revised lower to -8.3% from -7.4%. The data showed that the UK's recession deepened and BOE may need to further reduce its policy rate as well as adopt other quantitative easing measures. PPI data surprisingly rose more than anticipated in January with the core index, excluding food, beverages, tobacco, and petroleum products, rose 0.4% mom (consensus: 0.1%, December: 0.2%). On yearly basis, core PPI eased to 4.1% from 5% a month ago. Input PPI gained 1.5% mom in January following a revised 2.4% drop in December while output PPI rose for the first time in 6 months by 0.1% from a fall of 0.1% in December. On yearly basis, input and output PPI moderated by 1.5% and 3.5% from 3.5% and 4.6%, respectively.
Switzerland's unemployment rate rose more-than-expected by 3.3% in January from 3% in December. Germany industrial production also dropped more than expected by -4.6% mom, -12.0% yoy in Dec.
RBA released its quarterly Monetary Policy Report overnight with downward revisions on GDP and CPI forecasts in the 12 months through June. The committee anticipated GDP will rise 0.25%, lower than the 1.5% projected in November. GDP will growth 0.5% and 2.5% in fiscal years 2009 and 2010 respectively. CPI is expected to gain 1.75% in the 12 months through June, also lower than 3.25% forecast in November. Despite the reductions, the RBA Governor Glenn Stevens stated there's upside risk to the growth forecasts and 'when demand returns, production will pick up more quickly than in past cycles'. In Japan, December's leading indicator is anticipated to have dropped to 79 from 81.3 in the previous month.

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Dollar Mildly Lower Ahead of FOMC

Dollar is mildly lower again in Asian session as stocks are lifted by rumors of so called "bad bank" initiative from Obama administration. Under the initiative, US will create an institution, run by FDCI chief Bair, to remove toxic assets from bank's balance sheets. Yen is also mildly lower as Asian stocks climb modestly on the news. Though, the currency markets are generally bounded in tight range as focus is turning to FOMC rate decision in the US session.
Fed is no doubt expected to hold rates unchanged at the target range of 0-0.25% today. Though there are still a few areas that markets will focus on. Firstly, the Fed may discuss inflation targeting and even though FOMC might not adopt a target, the statement would probably emphasis Fed's strong intention to avoid deflation. Secondly, the committee's focus will probably further turn to quantitative easing. Thirdly, the statement will probably discuss further plans from Fed to purchase treasuries to boost lending. After all, FOMC might come as a non-event today and markets could stay directionless until Friday's Q4 GDP release.
Another focus today will be Germany CPI, which is expected to drop -0.3% mom in January following an increase of 0.3% in December, while HICP is anticipated to have contracted -0.4% mom in January after gaining 0.4% a month ago. Ease in inflationary pressure was driven by lower energy prices and further moderation in cost of food. Gfk consumer sentiments was unchanged at 2.2 in Feb.
Australian CPI dropped -0.3% in 4Q08, the biggest decline in 11 years, but less than expectation of - 0.4% decline. On yearly basis, CPI slowed from 5% to 3.7%. Westpac released a report showing leading economic index plunged -1% in November. These data evidenced Australian economy is heading for the first recession since 1991 and RBA will very likely cut interest rate in the meet next week.
Technically, Dollar index is still trading with a soft tone today and intraday bias remains on the downside. Sustained trading below the channel support will argue that whole rise from 77.69 has completed. More importantly this will leave such rise in corrective structure (at least not clearly impulsive). In other words, it will imply that such rise from 77.69 is merely a leg in the consolidation that started at 88.46, which is still in progress. That is, in such case, another test of 77.69 could at least be seen before resuming the medium term rally. Break of 81.19 cluster support (61.8% retracement of 77.69 to 86.81 at 81.17) will confirm this case. Though support from the current level and break of 84.59 minor resistance will indicate that rise from 77.69 is still in progress for retesting 88.46 high.

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