Finotec Forex News RSS Feed http://www.finotec.com/ Subscribe to the Finotec Forex News RSS Feed and get direct access to the latest forex news, with daily updates. View in real-time the most relevant information about forex, including currency and commodity rate fluctuations. en-us Thu 15 May 07:45:00 2008 Thu 15 May 07:45:00 2008 http://www.finotec.com/forex-news-feed.xml Finotec CMS editor@finotec.com webmaster@finotec.com Dollar rises for a second say as signals indicate the worst is over Federal Reserve will stop cutting borrowing costs next month and keep the current interest rate as it is at 2% http://www.finotec.com/en/Archive/today/ Wed 14 May 11:32:48 2008 1529 Dollar is steady, waiting for Retail Sales data The Dollar was steady in the early trading, as investors wait for the retail sales data to decide if the Fed will keep on hold the interest rates in the next months http://www.finotec.com/analysis-archive/may-13-2008/forex-daily-analysis.php Tue 13 May 11:53:41 2008 1521 Dollar climbs as US economy shows signs of recovery Poor economic data revealed last week for the Euro Zone, as well as the outlook that Fed will keep interest rates steady, pushed the Dollar up to two-month highs against the Euro and a basket of major currencies http://www.finotec.com/analysis-archive/may-12-2008/forex-daily-analysis.php Mon 12 May 12:15:51 2008 1512 Dollar on a dipping slope again and fears of high inflation The U.S. trade deficit will have probably narrowed in March as a weaker dollar boosted exports of machinery and food, economists said ahead of a government report today which comes out at 12:30pm GMT. http://www.finotec.com/analysis-archive/may-09-2008/forex-daily-analysis.php Fri 09 May 11:39:10 2008 1503 Euro slumps to a two-month record against the Dollar Recent signs of slowing growth suggest that the European Central Bank may cut interest rates before the end of the year http://www.finotec.com/analysis-archive/may-08-2008/forex-daily-analysis.php Thu 08 May 12:15:39 2008 1495 Dollar gains traction as Fed says it might raise interest rate However Gains in the dollar may be limited by speculation that an industry report today will show the housing slump in the U.S is slowing the economy down http://www.finotec.com/analysis-archive/may-07-2008/forex-daily-analysis.php Wed 07 May 11:53:47 2008 1486 Dollar slumps for the second day The Dollar fell for a second day against the Euro, as doubts resurfaced about the health of the US economy http://www.finotec.com/analysis-archive/may-06-2008/forex-daily-analysis.php Tue 06 May 12:02:54 2008 1478 Euro may rise as ECB to keep current rates The Euro is currently trading at 1.5489 8:25 GMT a rise from 1.5424 late in New York on May the 2nd. Euro currently at 163.05 against the Yen, the Dollar will buy 105.35 Yen, 8:30 GMT http://www.finotec.com/analysis-archive/may-05-2008/forex-daily-analysis.php Mon 05 May 12:09:04 2008 1468 Inflation and a weak sterling dash hopes of a rate cute This is unlikely to make the MPC cut rates any faster, especially when price pressures are still strengthening http://www.finotec.com/analysis-archive/may-02-2008/forex-daily-analysis.php Fri 02 May 11:39:27 2008 1459 The dollar declining after fed cut and weak economy Important data to look out for today will be the U.S unemployment clams, personal spending and the ISM manufacturing Index, predictions are that they will come in low thus weakening the dollar http://www.finotec.com/analysis-archive/may-01-2008/forex-daily-analysis.php Thu 01 May 11:43:00 2008 1452