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Finotec News Archive - November 2 2007

In Depth Analysis

GBP/USD - The British pound rose to a 26-year high against the dollar in early London trading.

Commodities News

After Setting New Record Above 96$ Crude Ends Lower - U.S. crude futures ended lower on Thursday on profit-taking after hitting a record above $96 a barrel

Gold Down as Crude Oil Depreciates - Gold pulled back from a 28-year high on Thursday

Forex Pairs Daily Analysis

USD/CHF - long-term historical support at 1.1485

EUR/USD - upper Bolli resistance near 1.4500

GBP/USD - Powerful uptrend cleared

USD/JPY - crucial support at 114.55

Forex Daily Analysis

Yen Gains as US Stocks Dive - The yen rose broadly on Thursday after brokerages downgraded two of the largest U.S. banks

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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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