Finotec News Archive - January 22 2008

In Depth Analysis

USD/JPY - Dollar reacts, as BOJ Governor Fukui says his belief about the U.S economic slowdown. - Bank of Japan Governor Toshihiko Fukui said today that signs of a U.S. economic slowdown were intensifying as adjustments in the housing sector there were being prolonged.

Commodities News

Crude Oil Falls On Global Growth Concern - George Bush’s incentives plan to foster the economy failed to build up traders confidence the US economy will avoid a recession

Gold Dips On Tumbling Oil price And a Stronger Dollar - The precious metal fell to a fresh 2-week low on Tuesday, as the euro continue to lose ground vs. the dollar

Forex Pairs Daily Analysis

USD/CHF-The RSI is pointing down - Market strategy is to buy a bounce of 1.1060

EUR/USD-The pair bounced from the 1.4360 support level finding resistance at 1.4450 - Market strategy is to sell a failure to break the 1.4560 resistance level

GBP/USD-The RSI is pointing upward - Market strategy is to sell a failure to break the 1.9565 resistance level

USD/JPY-The RSI is pointing upward - Market strategy is to sell a failure to break the 107.60 resistance level

Forex Daily Analysis

Dollar Gains On Global Economic Woes - Equity markets continue to fall around the globe when Asian market as well closed on the negative side

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

Copyright © 1998- 2008 Finotec Group Inc.SEC-OTCBB # All rights reserved.

 


Country  Area  Number 

I hereby also consent to the receipt of any and all promotional materials and advertisements delivered to me from Finotec, or any of its related and affiliated companies, via e-mail, SMS messages, facsimile and/or automated telecommunications systems.