Trading Investing News
Last week the Bank of England hit the headlines with an unexpected 1.5% rate cut. The move was largely pre meditated as a shock tactic to boost the ailing UK economy ahead of the all important Christmas period. Spreading the cut over a [...]
Key Trading Announcements This Week
Below are the key trading announcements for this week. As I write the FTSE 100 is currently down 200 points, so who said shorting doesn’t pay! I hope you followed my advice in my currency blog to short both the GBP/USD and EUR/USD - both trades are showing significant profits but I’m not ready to [...]
Market Makers
Although the skeletons are still falling out of the credit crunch closet - here in the UK Barclays and RBS are the latest whose cupboards are being scrutinized. Indeed there was so much rattling on Friday that dealing in Barlcays was temporarily suspended (the importance of stop losses for risk and money management) . [...]
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