US Treasury Announcement
Be aware there is an important announcement by the US Treasury at 10.30 am ET - this is unexpected and could result in significant moves across all markets.
I will soon be posting about the 3 most powerful women in the world - in case you are wondering they are all in China - and they [...]
Currency Volatility Continues
Yesterday’ sudden rally in the euro and the pound took the market by surprise as the dollar was expected to continue to strengthen. However, normal service has been resumed today with cable falling heavily in the light of slowing house prices, lower mortgage approvals and a sense of perplexity at the BOE of what [...]
M3 Money Supply
Despite there being a number of economic indicators reported yesterday the major pairs traded within a very narrow range and they appeared to have saved the big moves for this morning.
The falls appear to be a delayed reaction to yesterday as well further news from both eurozone and Switzerland. One of the reasons for the [...]