Finotec News Archive - December 5 2007
Commodities News
Crude Oil Dips As Geopolitical Tension Eases - A report by US intelligence claimed that Iran has halted development of a nuclear bomb in 2003
The Gold Raises Sharply as The Euro Gains Vs. The Dollar - The gold raised sharply on Thursday as the Euro gained back vs. the dollar
Forex Pairs Daily Analysis
USD/CHF - Market strategy is to buy a bounce sell a break of 1.1160
EUR/USD - The market strategy is to but a break of 1.4790 sell a failure
GBP/USD - Market strategy is to buy a bounce or sell a break of 2.0520
USD/JPY - Market strategy is sell a failure to break 111.30
Forex Daily Analysis
Euro Rises On Higher than Expected PPI - The EZ higher than expected producer prices index signaled a rise in inflation pressures giving strong support for the Euro ahead of the interest rate decision on Thursday









