Archive for December, 2007

TransAtlantic Petroleum Corp. Announces Change in Trading Currency (Marketwire via Yahoo! Finance)

December 23rd, 2007 at 12:25pm Under Iraqi Dinar News


TransAtlantic Petroleum Corp. announces that effective at market opening on January 2, 2008, trading in the common shares of TransAtlantic Petroleum Corp. will commence solely in Canadian dollars under the new stock symbol TNP.

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Gold prices rise on weakened dollar, higher oil in light trading before holidays (Minneapolis-St. Paul Star Tribune)

December 23rd, 2007 at 12:25pm Under Iraqi Dinar News

Gold futures jumped Friday as the dollar retreated and oil prices rose, leading investors to seek a refuge in precious metals. Trading volume was thin heading into the holidays.

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EUR/USD The Pair to Short-Term Range Trade (Daily FX via Yahoo! Finance)

December 23rd, 2007 at 12:25pm Under Iraqi Dinar News

Holiday trading will be in full swing this upcoming week with the currency markets closed on 12/25 and 12/26. The only pieces of economic data due for release on Monday will be from Japan.

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Iraq progress remains ‘fragile:’ Petraeus (AFP)

December 23rd, 2007 at 12:25pm Under Iraqi Dinar News

US commander General David Petraeus, seen here on 13 December 2007, Sunday hailed AFP – US commander General David Petraeus Sunday hailed “fragile” progress towards damping down sectarian bloodshed in Iraq but cautioned against a faster withdrawal of US forces.


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Turkey bombs rebel positions in Iraq (AP)

December 23rd, 2007 at 12:25pm Under Iraqi Dinar News

A Turkish soldier patrols in an army vehicle on a road near Yuksekova in southeastern Turkey, bordering Iraq, December 22, 2007.Turkish warplanes bombed Kurdish guerrilla targets in northern Iraq on Saturday, the General Staff said, in Turkey's latest cross-border offensive. The military said in a statement posted on its webpage that the offensive against outlawed separatist Kurdistan Workers Party (PKK) guerrillas inside Turkey and across the border in northern Iraq would continue. (Osman Orsal/Reuters)AP – Turkish fighter jets bombed Kurdish rebel targets in northern Iraq on Sunday, a spokesman for security forces in the Kurdish-run region said.


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Turkish planes strike northern Iraq: Iraqi Kurds (Reuters)

December 23rd, 2007 at 12:25pm Under Iraqi Dinar News

A Turkish soldier patrols in an army vehicle on a road near Yuksekova in southeastern Turkey, bordering Iraq, December 22, 2007.Turkish warplanes bombed Kurdish guerrilla targets in northern Iraq on Saturday, the General Staff said, in Turkey's latest cross-border offensive. The military said in a statement posted on its webpage that the offensive against outlawed separatist Kurdistan Workers Party (PKK) guerrillas inside Turkey and across the border in northern Iraq would continue. (Osman Orsal/Reuters)Reuters – Turkish warplanes bombed areas in
northern Iraq on Sunday for the second day in a row but caused
no casualties, an Iraqi Kurdish official said.


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Alaron Currency Comment (Ag Report)

December 23rd, 2007 at 12:25pm Under Iraqi Dinar News

CHICAGO – Dec 19/07 – SNS — Following is the currency futures comment from Alaron Trading Corp. The BP opened lower at 2.0025 as news that the last rate cut decision wan unanimous, 9-0 and could lead the way to further rate cuts in 08′.

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US stops short of accusing China of currency manipulation (AFP via Yahoo! News)

December 23rd, 2007 at 12:25pm Under Iraqi Dinar News

The US government declined to name China a currency “manipulator” but said in a report Wednesday that the Chinese yuan remains severely undervalued against the dollar.

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Range Trading Guide (Daily FX)

December 23rd, 2007 at 12:25pm Under Iraqi Dinar News

Experience tells us that range trading is the most consistently successful way to trade forex. This trading guide helps you use the range-bound market efficiently and effectively. It shows you which currency pairs to trade (and which to avoid).

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Turkey stages new air attack on Kurd rebels in Iraq: army (AFP)

December 23rd, 2007 at 12:25pm Under Iraqi Dinar News

A Turkish air force F-16 figher jet refuels in flight. Turkish aircraft carried out fresh attacks on Kurdish rebel positions in northern Iraq.(AFP/ USAF/File)AFP – Turkey’s military said it attacked Kurdish separatists in northern Iraq Saturday for the third time in less than a week, bombing and shelling positions and warning more will follow.


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