You are here:

Home
» News Archive

Finotec News Archive - January 11 2008

In Depth Analysis

EUR/USD – Could an interest rate cut finally boost the U.S. economy? - The dollar hovered near a five-week low against the euro today after tumbling the previous day when comments from Federal Reserve Chairman Ben Bernanke suggested an aggressive half-point rate cut is coming later in the month.

Commodities News

Crude oil lost 2% on recession concerns - U.S. the largest oil consumer faced a higher risk of recession raised worries about energy demand

Gold hits record high near $900 on rate cut hopes - Technically, gold expected to trade in the range $885 to $900 on Friday

Forex Pairs Daily Analysis

USD/CHF - market strategy is to sell on failure to break the resistance level at 1.1055

EUR/USD - Market strategy is to buy the pair on breaking the resistance level at 1.4830

GBP/USD - market strategy is to sell the pair on failure to break 1.9665

USD/JPY - market strategy is to buy the pair on failure to break the support level at 108.80

Forex Daily Analysis

Dollar weaker vs. euro after Bernanke`s hint for Fed rate cuts - Most of the analyst predicts a 0.5% rate cut by the Fed this month

New Traders

Active Traders

Partnerships

Open a Finotec Standard, Mini ,Demo or Spread Betting Account account in 2 easy steps and start trading along with thousands of satisfied customers.

First name
Last Name
Email Address
Country
Telephone Number: ^Country ^Area ^Number
Currency
Referrer ID

Forex Trading Videos

Watch the Finotec trading videos and learn the basics of online forex trading.

Real Time Forex Calendar

Event Date

Consumer Spending m/m(EUR)	21.11.2008 07:45
Manufacturing PMI(EUR)	21.11.2008 08:00
Services PMI(EUR)	21.11.2008 08:00
Manufacturing PMI(EUR)	21.11.2008 08:30
Services PMI(EUR)	21.11.2008 08:30
Manufacturing PMI(EUR)	21.11.2008 09:00
Services PMI(EUR)	21.11.2008 09:00
Italian Retail Sales m/m(EUR)	21.11.2008 09:00
Core CPI m/m(CAD)	21.11.2008 12:00
CPI m/m(CAD)	21.11.2008 12:00

Get Finotec's Forex Calendar on your e-mail organizer. See how on our Economic Calendar Import Guide

Online Forex Trading FAQs

Expert Analyses

Trading in Foreign Exchange, CFDs, Options, Futures and Commodities and engaging in Spread Betting on financial products carries a high degree of risk to your capital and it is possible to lose more than your initial investment. You should only speculate with money that you can afford to lose. These products may not be suitable for all investors, therefore please ensure that you fully understand the risks involved and seek independent advice if necessary. Finotec Trading UK Ltd is authorized and regulated by the Financial Services Authority.

FSA Register Number [470392]

Please read our full Disclaimer and Risk Warning.

Finotec Trading UK, Bridge House, London Bridge, London, SE1 9QR, United Kingdom