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

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