You are here:

Home
» News Archive

Finotec News Archive - January 21 2008

Forex Weekly Analysis

Sterling Drops to one year low against the Dollar - The pound fell 0.25 percent versus the dollar, to around $1.9480, its lowest level since March. It fell 1 percent versus the yen, to as low as 206.68, its lowest since May 2006

EUR/USD - Early signs of a fragile Euro could carry on throughout 2008. - The dollar rose broadly and hit a one-month high against the euro on Monday as investors fretted whether major economies would be able to decouple from the slowing U.S. economy.

Technical Indicators - Technical Indicators

Commodities News

Oil Steady on Gulf of Mexico Storm - Oil prices held steady on Monday at just below $91 a barrel, supported by the closure of Mexico's oil export terminals due to bad weather

Gold Drifted Lower on A Stronger Dollar - Gold dipped in early European trade on Monday, dragged down by the dollar's rise against the euro traders said

Forex Pairs Daily Analysis

USD/CHF - The market strategy is to buy on a failure to break the 1.0985 support level

EUR/USD - Market strategy is to sell on a break of the 1.4440 support level

GBP/USD - The market strategy is to sell a failure to break 1.9535

USD/JPY - Market strategy is to sell on a failure to break the 105.95 resistance level

Forex Daily Analysis

Dollar Strengthens over Growth Concerns in Europe - The dollar rose broadly and hit a one-month high against the euro on Monday as investors worried whether the European economy will manage to handle a US recession

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

PPI m/m(EUR)	20.11.2008 07:00
Trade Balance(CHF)	20.11.2008 07:15
Retail Sales m/m(GBP)	20.11.2008 09:30
Public Sector Net Borrowing(GBP)	20.11.2008 09:30
Wholesale Sales m/m(CAD)	20.11.2008 13:30
Unemployment Claims(USD)	20.11.2008 13:30
Consumer Spending m/m(EUR)	21.11.2008 07:45
Interest Rate Statement(JPY)	21.11.2008 00:00
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