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Finotec News Archive - November 27 2007

In Depth Analysis

Sterling Hold Gains, seen Vulnerable vs. US Dollar - Most of the technical indicators pointing downwards at list in the short term

Commodities News

Crude ends down as OPEC intentions assessed - The Crude Oil future contract is trading around the levels of 97.05$ per barrel

U.S. gold trims initial gains on profit taking - Everyone thinks that this market is eventually going to take out the $850 resistance", reported from Finotec Dealing desk

Forex Pairs Daily Analysis

USD/CHF - The daily trend is bearish

EUR/USD - The daily trend remains bullish

GBP/USD - The daily trend is flat

USD/JPY - The daily trend is bearish

Forex Daily Analysis

Dollar drifts lower against the Euro - “A growing number of analysts suggest the exchange rate will break the psychologically key $1.50 level this year”, Reported by Liran Kapeluto from Finotec dealing desk.

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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

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