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Minouche Shafik Caps British Pound's Recovery Against Euro and US Dollar, Warns of Further Interest Rate Cuts - Pound Sterling Live

Shafik did acknowledge that the fall in the value of Sterling since the EU referendum will do some of the heavy lifting required to ensure the economy avoids recession. "Shafik suggested that more easing may be required, even if the economic "radar" is ... ... (Read More)
Posted by on 09/30/2016

Eye-Catching Services Data Sends British Pound Higher v Euro, Dollar but Expanding Current Account Deficit Limits ... - Pound Sterling Live

This is essentially the UK's bank account with the rest of the world and because the UK is a net importer the country is a debtor it is in deficit. However, inward investment flows tend to keep Pound Sterling elevated. When these flows dry up the Pound ... ... (Read More)
Posted by on 09/30/2016

Forex education: When the tail wags the dog. - Forexlive Education - ForexLive

There is a lot of explain to do today with regard to price action in the EURUSD and the GBPUSD. It has to do with the taiil (the EURGBP) wagging the dog (the ... ... (Read More)
Posted by on 09/30/2016

IQ Option Giving 100% Opening UK Binary Deposit UK Options Bonus up to £2000

IQ Option [read review] ranks amongst our high ranking UK binary options sites with an overall rating of 9.2 out of 10. It provides a wonderful assets selection with up to 93% returns and has an outstanding Turbo Option, Binary Option, Tournament option types availability. Currently IQ Option provide a phenomenal welcome offer for joining users. Get a 100% bonus on your first binary ... (Read More)
Posted by on 09/29/2016

UK's Pound Finds Temporary Relief Against South African Rand Above 17.50 - Pound Sterling Live

Sterling should be higher were it not for growing speculation that the government is gearing up for a complete withdrawal from Europe, including the trading club element called the common market. International Trade Secretary Liam Fox has now sought ... ... (Read More)
Posted by on 09/29/2016

British Pound Lacks 'Energy' to Break Recent Ranges Against Euro and US Dollar - Pound Sterling Live

"The pair continues to lack the energy, and a trigger, needed to break range parameters." Indeed, for us technicals remain important to calling the outlook for this pair. We wrote on the morning of the Tuesday 27th that Sterling was due a recovery ... ... (Read More)
Posted by on 09/29/2016

Shafik Throttles British Pound's Recovery Against Euro and US Dollar With Warning of Further Interest Rate Cuts - Pound Sterling Live

As global markets move higher we believe the 'risky' Pound Sterling should be stronger in sypathy. However, those comments from the Bank of England's Minouche Shafik could help explain why the UK currency remains subdued on Thursday the ... ... (Read More)
Posted by on 09/29/2016

Potato farming a 'bright light' in UK ag, says Produce Investments -

"The potato sector will be one of the bright lights in [UK] agri this season," which has been blighted for many other parts of the industry by low prices for, for example, milk wheat – albeit with some support to values of exported produce provided by ... ... (Read More)
Posted by on 09/29/2016

Forex education: When the tail wags the dog. - ForexLive

Other times, pairs like the EURGBP (the tail of the dog) wreck havoc with the dog (the USD pairs). This occurs often because of professional trader deal flows in the cross currency pairs like the EURGBP. That action in turn can cause all sorts of ... ... (Read More)
Posted by on 09/29/2016

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