Finotec News Archive - December 20 2007

In Depth Analysis

USD/CAD – Will the Canadian dollar continue to ascend as investors square positions? - The Canadian dollar rose slightly against U.S. dollar on Wednesday,

Forex Pairs Daily Analysis

USD/CHF - The target is 1.1670 at previous resitance level

EUR/USD - The daily trend remains bearish

GBP/USD - The market is targeting to 1.9660

USD/JPY - The pair is expacted to test the suppotrt level of 112.75 before surging to new high

Forex Daily Analysis

Dollar holds gain versus majors on year-end high demand - Analysts expect the dollar to retain the upper hand into the year-end as traders pick up the dollar after knocking it down around 9 percent against the euro and nearly 5 percent versus the yen so far this year

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