Judy Zipper or Leonardo DiCaprio?Joining the ranks of those like Sylvester Stallone and Nicolas Cage, Leonardo DiCaprio is the latest celebrity subject to be doppelganged after one Tumblr user found a woman from the 1960's named Judy Zipper who bears a serious resemblance to the actor. View the slideshow to see photos of Judy Zipper and other celebrity doppelgangers.
Forexpros.com Daily Analysis
Today€™s US Dollar Trading
€¢ USD remains two-way after early strength
€¢ Some pairs reverse to flirt with highs
€¢ Large stops still out of range
€¢ Look for USD to remain two-way
€¢ Likely quiet ahead of CB rate announcements
Looking Ahead to Wednesday
All times Eastern (-4 GMT)
€¢ 8:30am USD Core CPI m/m
€¢ 8:30am USD CPI m/m
€¢ 8:30am USD Current Account
€¢ 10:30am USD Crude Oil Inventories
€¢ 2:15pm USD FOMC Statement
€¢ 2:15pm USD Federal Funds Rate
The USD continued to consolidate today reaching highs against the majors in early New York but failing to advance into key bullish levels. The majors recovered after the London fix rising off lows and in some pairs flirting with highs into the close. Today€™s PPI and Housing Data was benign helping to underpin the possibility that inflation is not a problem and housing is beginning to recover but more data will be needed according to most analysts. Aggressive traders are suggesting that a positive response for Wall Street today signals that investor confidence is beginning to turn positive from neutral or negative. Should that be the case moving forward the €œflight-to-quality€ buying of USD will likely end and underlying fundamentals will probably begin to weaken the USD into the end of month at least. Traders are suggesting that the possibility of China reducing its holdings of US debt and curtailing their purchase of US debt moving forward works against the USD near-term; time will tell if a larger fall in the USD is likely but for now sentiment is turning neutral for the Greenback. GBP fell to a low print at 1.3963 missing large stops said to be resting under the 1.3940 area and the rate recovers t the 1.4050 area into the close. Lifting EURO with it, EURO has regained the 1.3000 handle and is pressuring highs at 1.3034 into the close with a positive tone noted by traders. Overnight action will likely see a test of the weekly highs at 1.3070 area and traders note stops from large shorts likely in the 1.3080 and above areas. A push to 1.3120 will likely result in short-covering adding to the underlying positive tone; traders note RHS interest in both EURO and GBP into the London fix. USD/CHF is flirting with lows on the day at 1.1811 and a late break would likely trigger close-in stops into the start of Asia tonight; traders note that volumes have remained subdued as large players have already likely sold into the rally this week and are sitting tight leaving only small time frame traders on the bid. USD/CAD has failed at the 1.2700 handle into the close after making highs at 1.2766 early; the rate is still within striking distance of the stops said to be resting in the 1.2660 area and 1.2620 area. The only rate to hold gains on the day of any size is USD/JPY trading to a high print at 98.98 before dropping back to the 98.40 area late in the day. Exporters remain on the offer above the 98.50 area and the failure to score the 99.0 handle today is likely a psychological negative to the bulls. Expect stops to be rolled-up closer to the 98.10 area overnight increasing the possibility of a stop-driven long-liquidation break. With the strong bullish sentiment combined with a failure at the recent highs a one-way liquidating break is increasingly likely. Look for the USD to continue in two-way trade with a weaker bias. Tomorrow€™s data will likely be overshadowed by the FOMC announcement and the BOJ rate decision overnight.
Forex Trading Analysis written by Jason Alan Jankovsky, featured by forexpros.com
Obama to cement Saudi ties on surprise trip
RIYADH - U.S. President Barack Obama is likely to hear Saudi Arabia's King Abdullah air his worries about the festering Arab-Israeli conflict and rising Iranian influence when he visits Riyadh next week.
Obama, who meets King Abdullah on June 3, added a surprise Saudi leg to his trip to Europe and Egypt, where he plans to deliver a much-anticipated speech to the Muslim world.
The decision reflects the enduring importance of a bilateral bond based on guaranteed oil supplies in return for U.S. protection for the Saudi monarchy that was sealed in the 1940s.
Washington is keen to prevent any spike in oil prices that might threaten economic recovery -- U.S. crude hit a year-high on Tuesday.
For their part, Saudi officials fret that Obama's diplomatic overtures to Iran might rejig regional relationships at Riyadh's expense.
They also want him to get tough with Israeli Prime Minister Benjamin Netanyahu, who has balked at Palestinian statehood.
Saudi Arabia wants reassurances that Obama is rejecting Netanyahu's statements, said Mustafa Alani, at Dubai's Gulf Research Center, who is close to Saudi policymakers.
The Saudis can take heart from Obama's stern line against any expansion of Israeli settlements in the occupied West Bank.
But Alani said they would make no concessions beyond a 2002 Arab peace plan promoted by King Abdullah offering Israel recognition in return for withdrawal from Arab land occupied in 1967 and a just solution to the issue of Palestinian refugees.
Saudi rulers believe the collapse of Middle East peacemaking has given Iran opportunities to expand its regional reach via Sunni Islamist groups such as the Palestinian Hamas, as well as its traditional Shi'ite Hezbollah allies in Lebanon.
The kingdom, which sees itself as the bastion of majority Sunni Islam, fears an eventual U.S. deal with Iran would make the Shi'ite power part of a new political and security order.
But with no clear strategy on how to tackle Iran, the Saudis can only rely on the United States to halt Tehran's nuclear ambitions, analysts and Riyadh-based diplomats say.
The Saudis are in a very, very tough spot, said Rochdi Younsi at political risk consultant Eurasia Group. They don't know what they want. On one hand they want the U.S. to pursue a policy of strict containment of Iran. At the same time, they don't want the situation to escalate to an armed conflict.
The United States itself might appreciate a Saudi role in countering Taliban insurgencies in Pakistan and Afghanistan.
The Saudis hosted talks in September between pro-government Afghan representatives and ex-Taliban officials on how to end a conflict which also involves the Taliban's al Qaeda allies.
The Saudis have developed some influence that might come in handy for the Obama administration that is trying to refocus its efforts in Afghanistan, said Younsi.
Diplomats in Riyadh said the kingdom would have to weigh the benefits of such a role against possible damage to its campaign to improve its image in the West after the September 11 attacks of 2001, in which 15 of the 19 al Qaeda hijackers were Saudis.
They might do it, but would be also a bit worried at being perceived as having close Taliban links, while trying to present themselves in a new light, said a Western diplomat.
Saudi Arabia is often criticized abroad for its human rights record, but Younsi said Obama was unlikely to raise unwelcome questions about political reforms, despite the government's decision this month to delay municipal elections for two years.
The United States needs Saudi Arabia, which has over a fifth of global oil reserves, to play its customary moderating role in the OPEC cartel against price hawks such as Iran and Venezuela.
The Saudis are the only ones who have spare capacity, said Alani, the Dubai-based analyst.
They will be able to pump even more crude to brake prices when the 1.2 million barrel per day Khurais field opens in June.
Saudi Arabia is among America's top 15 trading partners, with two-way trade worth $67.3 billion last year. The kingdom, whose currency is pegged to the dollar, has expanded trade with Asia in recent years, but still needs high-tech U.S. goods.
The United States will remain the biggest individual country trade partner for Saudi Arabia, although its role is likely weaken a bit due to increased trade volumes with Asia, said Monica Malik, a regional economist at EFG-Hermes.
DPG FOREX SIGNAL 25 JAN 2010 released 01.17 GMT
DPG BUY A GBP/USD 1.5992
take profit 1.6022
DAILY20PIP.COM ADVICE : SIDEWAY MARKET AHEAD
SIGNAL VALID FROM 0.00 GMT - 18.00 GMT
Joining the ranks of those like Sylvester Stallone and Nicolas Cage, Leonardo DiCaprio is the latest celebrity subject to be doppelganged after one Tumblr user found a woman from the 1960's named Judy Zipper, who bears a serious resemblance to the actor.
The time travel rumor began when the Tumblr user opened his grandmother's high school yearbook and saw a person who looked like DiCaprio.
I found Leonardo DiCaprio in my grandmothers yearbook from 1960. ... Suuure 'Judy Zipper,' Tumblr user lo-parksthecar wrote.
The photo was commented on nearly 3,000 users on Tumblr. So far, there is no word on whether or not the photo is authentic, since nowadays many different types of software are available to transpose one person's face onto another person.
DiCaprio isn't the first celebrity to have a doppelganger from the past. In May, a Harvard student found a man who bears resemblance to Sylvester Stallone in a 500-year-old painting by Raphael hanging in the Vatican.
Last year, a photo of a man from the late-1800's who bears resemblance to Nicolas Cage surfaced, drumming up rumors - created by the person who found the vintage photo -- that Cage is actually a vampire.
150 years from now, he might be a politician, the leader of a cult or a talk show host, Mord writes. My theory is that he allows himself to age to a certain point, maybe 70, 80 or so, then the actor 'Nicolas Cage' will 'die' ... but in reality, the undead vampire 'Nicolas Cage' will have rejuvenated himself and appeared in some other part of the world, young again, and ready to start all over, Jack Mord of the Thanatos Archive in Seattle wrote. From time to time somebody might mention to him that he bears a slight resemblance to the young version of that dead American actor, whose name they can't recall, but eventually, those occurrences will stop altogether.
Even better, there is an entire blog at Humor Share dedicated to celebrities who look like historical figures. The best ones? Jack Black as The Barber of Seville, Jimmy Fallon as the Russian revolutionist and Justin Timberlake as an unnamed ancient criminal.
View the slideshow to see photos of Judy Zipper and other celebrity doppelgangers.