Daily FX Commentatry – Finotec

The Dollar Dips on a Drastic Fed Rate Cut Speculation   By Sagiv Perez Finotec Analysis Team 16 January 2008       EUR/USD USD/JPY GBP/USD USD/CHF Resistance 1.50001.49651.4920 108.35107.35107.20 1.97651.97401.9690 1.10501.09451.0915

Dollar drops on recession fears

The U.S. dollar slid and Tokyo’s Nikkei stock index slumped more than 3 percent to a 26-month low on Wednesday, as a record loss at financial powerhouse Citigroup and weak U.S. retail

BT completes acquisition of 68.6% of Net2S SA

BT announced that it has completed the acquisition of 68.6% of Net2S SA’s outstanding issued share capital from four controlling founding shareholders at a price of €5.27 per share. The deal values