Finotec News Archive - December 13 2007

In Depth Analysis

XAU/USD - Will Spot Gold continue to drop? - Gold fell in London as a decline in the price of crude oil may slow demand for the metal as a hedge against inflation.

Commodities News

Crude ends up nearly 5 pecent on Fed move - The crude market has risen here more on the Fed action, as its move on liquidity will help economic activity overall. Crude oil future contract is trading around the levels of 93.85$.

Gold off 2-week high on volatile trade - investors wants to see what will hapen with the Dollar in order to choose direction for Gold price

Forex Pairs Daily Analysis

USD/CHF - Market strategy is to buy a failure to break the 1.1310 support

EUR/USD - Market strategy is to sell a break the 1.4705 support level

GBP/USD - Market strategy is to buy a bounce 2.0400 sell a break of 2.0385

USD/JPY - Market strategy is to sell a breake of 111.40, the target is 110.85

Forex Daily Analysis

The Dollar Keep Steady ahead of Publication from US - Investors are awaiting ahead of busy economic calendar from united state today. Among the important we can find the PPI Core for November and the Retail Sales, both indicators are expecting to give support the US. Dollar

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