Finotec News Archive - January 14 2008

Forex Weekly Analysis

GBP/USD - Will BoE (Bank of England) keep cutting interest rates? - Sterling hit an all-time low versus the Euro and slumped to a two month trough against the U.S. dollar as investors continued to bet that the next move by the Bank of England will be an interest rate cut.

GBP/USD - Technical Indicators - Technical Indicators

Forex Pairs Daily Analysis

USD/CHF - The daily trend is bearish

EUR/USD - The daily trend remains bullish

GBP/USD - Failure to breake of the resistance level 1.9650 will be a good selling signal

USD/JPY -The daily trend is bearish - The target is 107.30 at previous support level.

Forex Daily Analysis

Dollar drops against majors as rate cuts expected - "the US currency is on the way to new low against the Euro in January", reported by Finotec dealing desk

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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

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