Finotec News Archive - April 4 2008
In Depth Analysis
EUR/JPY – Disoriented euro advantage time for Japanese Yen! - The dollar had fallen against the euro and the yen on Thursday after data showed first-time applications for U.S jobless benefits rose last week to a 2-½ year high, renewing worries that the U.S. economy has stalled.
Commodities News
Oil still hovering above $100 - Oil prices have held above $100 a barrel for more than a month, largely on the view that crude, gold and other hard commodities are effective hedges against a falling dollar and rising prices
Gold hitting the highs - Gold is currently trading at $909.60, the price is only off -12.9% from the high.
Forex Daily Analysis
Uncertainty for the Dollar ahead of non-farm payrolls - The most important day in the U.S economy, figures for non-farm payrolls for the month of March will determine the outlook for the greenback and US monetary policy









