T-Mobile's Android-based G1 has been officially announced today at a press conference in New York. It will be available in the U.S. for $179 on a two-year agreement, or $399 contract-free on October 22nd, followed by the UK in early

Alltel has added the Motorola VE20 to its lineup. This mid-range clamshell with an external touchscreen, 2Mpix camera, and a 3.5mm headphone jack will be available on September 25th for $99.99 with contract and rebate in navy and licorice colors.

Here's a picture of an unknown Asus smartphone, which many sources claim to be the P565. Not also does it look nice, it's also the first smart to integrate a 800MHz CPU. Apart from that it also features a VGA

According to some sources, the release of the future Windows Mobile 7 OS has been delayed by Microsoft from early 2009 to the second half of the year. Actually, we believe it's just a rumor, as the system's official release

Daily Pivots: (S1) 1.8325; (P) 1.8481; (R1) 1.8702; More Cable continues to engage in tight sideway trading below 1.8641 today. At this point, intraday bias remains mildly on the upside as long as 1.8263 minor support holds and further upside

Last night's comments were that "the EURUSD is vulnerable to a pullback soon (in a wave iv correction)." That correction is either complete at 1.4680 or is underway towards the 1.4591-1.4631 zone. Either way, higher prices are expected. Resistance is

Daily Pivots: (S1) 194.22; (P) 195.67; (R1) 197.09; More GBP/JPY is bounded in tight range today and 4 hours MACD's cross below signal line indicates that an intraday top is possibly in place. Some more pull back could be seen

Fundamental Headlines Doubts on Rescue Plan Spur Fall In Dollar, Leap for Oil - Wall Street Journal Funds Get Freer Hand in Buying Bank Stakes - Wall Street Journal Microsoft begins $40bn share buyback - Financial Times Morgan Stanley, Goldman

All items inflation edges up to 3.5% Core price inflation moves 0.2 percentage points to 1.7% Canadian consumer price inflation was largely in line with expectations in August, rising to 3.5% from 3.4% in July. The rise came in spite

EURUSD Has accelerated the recovery from 11 Sep new year low at 1.3882, with clearance of 1.4543 previous high, setting up a move through 1.4667/87 and 1.4704/29 resistance area to eventually peak at 1.4867 yesterday. Weakness from there so far

Break and close above the 1.4542/71 zone (Aug 26'08/Sept 18'08 lows) has now paved the way for further corrective strength towards its Nov'07/Feb'08 congestive highs at 1.4951/67.Although pullbacks were seen in early trading today, that remains corrective of its current

U.S. dollar could bounce against competitive Canadian dollar! Short-term pressure on the U.S. dollar will subside as the government's efforts to prevent a prolonged recession support the currency amid a slowing global economy, wrote Morgan Stanley currency strategist Stephen Jen.

Daily Pivots: (S1) 104.71; (P) 105.93; (R1) 106.72; More . Short term outlook in USD/JPY remains mixed with the pair still trading inside established range and failed to take out either 107.98 resistance and 103.76 support decisively. As discussed before,

USD/JPY Open 107.42 High 107.40 Low 105.16 Close 105.52 The US Dollar dropped significantly yesterday against the Japanese Yen from Monday's top 107.40 to the bottom 105.16, which are the first resistance and support levels respectively for the currency couple

Daily Pivots: (S1) 1.0276; (P) 1.0394; (R1) 1.0475; More . USD/CAD's fall from 1.0819 extends further today and at this point, intraday bias remains on the downside as long as 1.0372 minor resistance holds. USD/CAD is expected to test trendline

Daily Pivots: (S1) 1.4517; (P) 1.4692; (R1) 1.4948; More EUR/USD's retreat from 1.4867 continues today. As discussed before, rise from 1.3881 is treated as correction to decline from 1.6038 only and has already met the target of 1.4629 and 1.4908

Daily Pivots: (S1) 1.0606; (P) 1.0828; (R1) 1.0966; More USD/CHF's recovery from 1.0693 continues today. Considering that USD/CHF has drawn support form 50% retracement of 1.0010 to 1.1416 at 1.0173, an intraday low is possibly in place. Break of 1.0899

Home Price Index (July) Actual -0.6%, Expected -0.2%, Previous 0.0% Release Explanation: This report covers the change in the purchase price of homes with mortgages backed by Fannie Mae and Freddie Mac. The reports act as leading indicators on housing

euro; The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4680 level and was capped around the $1.4825 level. Technically, today's intraday low was right around the 38.2% retracement of the

Canada Core CPI Actual 0.3%, Expected 0.1%, Previous 0.1% Canada CPI Actual 0.2%, Expected -0.1%, Previous 0.3% Release Explanation: The CPI measures the average price of a fixed market basket of goods and services purchased by consumers, and therefore gives