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

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