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USD Technical Forex Analysis for Forex Traders

The USD is mixed in early New York after trading two-way and technical during the holiday shortened week. Traders note that a weak start to the week in Gold and Crude Oil is helping to support the USD overnight. Traders note the USD is holding roughly within existing ranges but that some stops were noted as the EURO and GBP crossed last weeks' opening range suggesting some technical trading continues in two-way action. Poor UK economic data pressured GBP in overnight action pushing the rate to a low print of 1.5010 in late European trade; traders note stops on a break of the 1.5120 area in size.

President receives Bahraini Speaker

Abu Dhabi, Dec. 01st, 2008 (WAM)--President HH Sheikh Khalifa bin Zayed Al Nahyan, received today at Al Bateen Palace in presence of Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces HH General Sheikh Mohammed bin Zayed Al Nahyan, Bahraini Speaker Khalifa bin Ahmed Al Dharani and the delegation accompanying him.

Sheikh Khalifa welcomed the Bahraini official and lauded progress being experienced by Bahrain Kingdom in all fields under the leadership of His Majesty King Hamad bin Eisa, of Bahrain Kingdom.

He stressed the played by the parliament in Bahrain and depth of the historic relations between the peoples of the UAE and Bahrain, as well as ways of upgrading them.

UAE has its own development formula : Hamdan

Abu DhabiAbu Dhabi, 1st Dec. 2008 -- H. H. Sheikh Hamdan bin Zayed Al Nahyan, Deputy Prime Minister, made the following statement to Dir? Al Watan magazine on the occasion of the UAE's 37th national day.

President Patil arrives in Mumbai, visits terror victims in hospital

Pratibha PatilMumbai, Dec. 1 : President Pratibha Devisingh Patil arrived here this evening from Indonesian capital Jakarta after completing a State visit to that country and to Vietnam.

On landing, the President went straight to the J. J. Hospital in the city to meet surviving victims of last week’s terrorists’attacks. She spent about 25 minutes in the hospital talking to some of the affected patients and enquired after their welfare.

She also met the medical staff and praised them for their round the clock commendable job in treating victims of the terror attack.

The President will stay at Raj Bhavan tonight.

India will leave no stone unturned to fight terror: PM

Manmohan SinghJaipur, Dec 1 : Prime Minister Dr. Manmohan Singh said that no stone would be left unturned to fight terrorism while addressing a public rally here on Monday.

In the backdrop of the Mumbai terror attacks that killed at least 197 people and left 295 wounded, the issue of terrorism is bound to dominate the polls in Rajasthan.

“I also want to promise you that the Central Government will not leave any stone unturned in fighting terrorism. There is a request to all countrymen and political parties to help us in this fight against terrorism, and in maintaining law and order in the country,” said Dr. Singh.

AIDS Fight Continues Twenty Years on

AIDS Fight Continues Twenty Years onOn Monday, the 20th annual World AIDS Day organizations looked at the disease and the progress that has been made in the fight to control if not eradicate it. Shanta Devarajan, Chief Economist for the World Bank's Africa region calling AIDS society's problem rather than only a health problem said, "We need all the resources and all the mechanisms that we have in society to fight AIDS."

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