Forex Spread Trading August 2010
|
|
 |
Quick and simple answers to the most common FX queries:
Q) Where can I Spread Bet on Forex?
Q) Where can I Trade for Free on Forex?
Q) How to Spread Bet on Forex?
Q) Where can I find Free Live Prices on Forex?
Q) Where can I find Free Forex Charts?
Q) Where can I find free Forex Trading News?
Q) Where can I find Forex Technical Analysis?
Q) Where can I find Narrow Forex Spreads?
Q) Where can I find a Free Forex Trading Platform / Forex Software?
Forex Spread Trading
A regular Forex spread trading update by Simon Denham of Capital Spreads. For the latest Forex spread trading update, click here.
Forex Spread Betting, 27 Aug 2010
The FX spread betting markets seem to have hit a reasonably stable level around $1.27 for the Euro and $1.55 for the Pound.
The Yen cross is also battling a bit in the mid ¥84’s. The currency is definitely overvalued but, with the world seemingly battening down the hatches, the attractions of the Yen and Swiss Franc are driving them ever higher. We may well find a situation where any good news drives the Yen lower and any bad, higher.
Support in the Euro is at $1.2690/1.2700, $1.2665 and below here at $1.2590/1.2610. Resistance to the upside $1.2735/45 and then $1.2790/1.2800.
In the Pound the resistance is $1.5535/40 and then $1.5595/1.5610 and support at $1.5480/90, which is quite strong, and then the $1.5390/1.5400 level
Forex Spread Betting, 26 Aug 2010
Forex spread betting markets are also holding steady and making a small recovery from the sell off of recent days. The Cable cross has recovered to $1.5550 after falling under $1.54 on Tuesday/Wednesday.
Sterling has tended to oscillate, in wide swathes, around $1.50/1.55 since the turn of the year and the price now could be considered pretty much a median level.
Our spread trading clients are very much two way in this market with overall positions turning long or short on a moments notice, which really emphasises the ‘averageness’ of the current price. The wide band is $1.40 to $1.70 with the middle band at $1.48/1.60, the current price puts us pretty much in the middle of both of these.
The Euro has followed the Pound slightly higher today and we are back above $1.2700 and as with the Pound looking comfortable for the moment. Clients are very much two way here as well as indecision over the European situation continues to swirl through markets.
Strong support is some way away at $1.2350/1.2450 but we are seeing a lack of appetite to drive us below $1.26 at the moment anyway. Bulls will be looking at $1.2900 as the first target.
Forex Spread Betting, 25 Aug 2010
Currency spread betting markets have continued to favour the Yen and Swiss Franc and their respective overvaluations are now approaching the extreme territory range. Goldman has apparently estimated that the Yen is 20% overvalued.
The problem with this is that a week ago it was 15% overvalued and before that 10% etc. At what point will overvaluation turn around into a move higher?
We can say that the Yen had very strong support around the ¥84.85/85.00 mark which was broken yesterday causing the sudden sell off down to the low of ¥83.60. We have now rebounded to ¥84.40 but we really need to get back above the support level before buyers regain some confidence.
Against this move higher for the Yen versus the Dollar, the Pound and Euro have conversely been weakening against the US currency as flight to quality means Bonds, Swiss, Yen, Gold, Dollar, Pound and Euro in that order.
Sterling has fallen below $1.5475/90 and those hoping that this might prove to be a support level have been disappointed. The Cable chart over the last two weeks or so is decidedly nasty as we have neatly reversed the late July move higher. We have some minor support at $1.5375/85 but below here traders may well be looking for $1.5150/1.5200.
For the Euro we have now returned to the old battle ground around $1.2450/1.2700 which dominated support back in late 2008 and early 2009. Make no mistake the trend is still bearish for the Euro even though we had the big bounce in June.
Old problems are likely to resurface and some of the Garlic belt yields are now wider versus the Bund than when the crisis of May was in full swing. Greece long dated debt is now over 11%!
Forex Spread Betting, 24 Aug 2010
As has been the case for quite some time now a weak equity market has been synonymous with a strong Dollar, and Yen, and vice versa with Sterling and Euro seeming to be the biggest whipping boys.
Cable is now below $1.5400 as the late July rally is reversed with a vengeance. There was some heavy support around the $1.5460/95 level but this has been smashed to pieces in overnight action.
We must regain this point soon otherwise the longer term momentum will switch back to Sterling negative. While the cross has lost 6 cents in the last few weeks we are still, rather surprisingly, in a bull phase.
The Euro has been weakening along with the Pound, although it has not followed the overnight move, but the currency is still in a bear market direction, notwithstanding the big rally of the last couple of months. Support can be seen at $1.2620/35 and below here at $1.2475/1.2500 and resistance is $1.2690/1.2705 and then above here at $1.2740/55
Financial Spreads >>
"With FinancialSpreads.com you get all the normal
advantages of Spread Betting plus..." >> read
Financial Spreads review.
|
Forex Spread Betting, 18 Aug 2010
Currency spread betting markets are still at the lower end of recent trading levels with the Euro recovering from the $1.2720/30 lows but not able to make it over $1.2900.
Sentiment is certainly not Euro friendly, for all of the rally from the pit of June, with most clients continuing to try to short the currency on any upticks and this is also reflected in the Pounds recent sell off from $1.6000.
Cable has, this morning, broken through the bull trend line in place since May although the EUR/USD is still above it having bounced from the line at the aforementioned $1.2720/30 on Monday.
This builds the possibility of, either the Cable break being confirmed with a Euro move lower or the Euro holding steady and dragging the Pound back up.
Forex Spread Betting, 17 Aug 2010
Currency spread betting markets are quite stuck as well with the Euro meandering about in the mid $1.28’s and Cable holding its own around $1.5650.
Yen seems stuck in the ¥85’s and it is slightly worrying that the Dollar, which has rebounded versus the Euro and Pound, is still wedded to the lows against the Yen.
The attempt to bounce late last week has been reversed and, while the Yen looks heavily over valued already, the momentum seems to be showing the way to even higher ground. Very strong support for the USD/JPY is at ¥84.90/85.20 which is holding for the time being but longs should be wary of a break lower.
Forex Spread Betting, 16 Aug 2010
On the currency markets the woes of the EU bloc seem to be raising their head again as the European Central Bank expresses happiness with bad numbers. Tax receipts across the Southern States are worse than hoped and this will be adding to the overall debt level and decreasing their ability to repay in the future.
The recent weakness in the Euro, before the even more recent bounce, aided the big exporting nations, Germany, France etc, as was shown by Q1/Q2 growth numbers. All in all the storm clouds seem to be gathering once again and buyers of the Euro and Pound seem thin on the ground even though they have both dropped 5 cents in the last week. This seems especially true as the Dollar has gone through plenty of angst over that last couple of months.
Financial Spreads >>
"With FinancialSpreads.com you get all the normal
advantages of Spread Betting plus..." >> read
Financial Spreads review.
|
Risk Warning: Spread betting carries a high level of risk to your capital. You may lose more than your initial investment. It may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
'Forex Spread Trading August 2010' by DB, updated 27-Aug-10
For related pages also see:
Spread Betting FX Futures Trading, updated 20-Apr-12
Spread Betting FX Futures Trading - looking at Spread Betting FX Futures Trading with trading news, prices, charts and analysis. The latest FX futures review considers the sterling/dollar spread betting market, which remains above $1.6000 after Adam Posen dropped his calls for...read article: Spread Betting FX Futures Trading.
UK Forex Futures Trading, updated 06-Apr-12
UK Forex Futures Trading - a review of UK Forex Futures Trading with spread trading analysis, charts, news and prices. The latest forex futures market review looks at how the euro traded lower as weak demand at the Spanish bond auction stoked fears that the Eurozone...read article: UK Forex Futures Trading.
UK Forex Futures Spread Betting, updated 23-Mar-12
UK Forex Futures Spread Betting - a look at the UK Forex Futures Spread Betting market with trading analysis, news, charts and prices. The latest forex futures review looks at the forex spread trading markets, where the recent move to the downside in risk assets has strangely led to...read article: UK Forex Futures Spread Betting.
Spread Betting Forex Futures Market Review, updated 09-Mar-12
Spread Betting Forex Futures Market Review - a Spread Betting Forex Futures Market Review with trading news, analysis, charts and prices. The forex futures trading review considers that EUR/USD is at $1.3215 and once again all eyes for FX spread betting investors will be on the NFP number later...read article: Spread Betting Forex Futures Market Review.
Spread Betting Forex Futures UK, updated 24-Feb-12
Spread Betting Forex Futures UK - a review of the Spread Betting Forex Futures UK markets with trading news, charts, prices and trading analysis. The latest forex futures trading review looks at the forex spread trading markets where the euro poked its head above the resistance area of $1.3300 against the dollar and then...read article: Spread Betting Forex Futures UK.
UK Forex Futures Spread Trading, updated 10-Feb-12
UK Forex Futures Spread Trading - looking at the UK Forex Futures Spread Trading market with UK spread trading news, trading analysis, charts and prices. The latest forex futures review considers the euro which is just giving a little bit back in line with the weakness on the open of indices. The EUR / USD spread betting market has rejected...read article: UK Forex Futures Spread Trading.
Spread Trading Forex Futures Market Review, updated 27-Jan-12
Spread Trading Forex Futures Market Review - a Spread Trading Forex Futures Market Review with trading news, prices, charts and analysis. The latest forex futures spread betting review looks at how EUR/USD is trading at $1.3095, having almost had a look at the $1.3200 level yesterday. With the talks in Greece being dragged on and...read article: Spread Trading Forex Futures Market Review.
Spread Trading Forex Futures UK, updated 13-Jan-12
Spread Trading Forex Futures UK - a review of the Spread Trading Forex Futures UK market with trading analysis, news, charts and prices. The latest forex futures trading review looks at how the euro was in good shape yesterday following the successful bond auctions in Spain and Italy. The forex futures market was...read article: Spread Trading Forex Futures UK.
Spread Betting Forex Futures Trading, updated 30-Dec-11
Spread Betting Forex Futures Trading - a look at the Spread Betting Forex Futures Trading market with UK spread betting news, charts, prices and trading analysis. The latest forex futures review considers the fallout from the news of rising ECB deposits, which led to another round of selling for...read article: Spread Betting Forex Futures Trading.
Spread Trading FX Market Review, updated 16-Dec-11
Spread Trading FX Market Review - a review of the Spread Trading FX Market Review market with news, prices, charts and trading analysis. The latest FX market review looks at the FX spread betting markets, where the euro seems to have found a level at $1.3000 against the dollar where the bears have run out of...read article: Spread Trading FX Market Review.
Spread Trading FX UK, updated 02-Dec-11
Spread Trading FX UK - a look at the Spread Trading FX UK market with charts, prices, trading news and analysis. The latest FX review considers the FX spread trading markets where investors are still in risk-on mode, and safer currencies like the yen and dollar might see their biggest...read article: Spread Trading FX UK.
UK FX Spread Trading, updated 18-Nov-11
UK FX Spread Trading - looking at the UK FX Spread Trading markets with trading news, prices, charts and trading analysis. The latest FX review looks at the euro which has held up relatively well considering the weakness in the equity markets although it remains in...read article: UK FX Spread Trading.
Spread Trading Forex Market Review, updated 04-Nov-11
Spread Trading Forex Market Review - looking at the Spread Trading Forex Market Review with spread trading analysis, charts, news and prices. The latest forex review looks at the euro - dollar forex pair which is trading at $1.3803 inside a bullish channel. The NFP figures today are almost certainly the factor that...read article: Spread Trading Forex Market Review.
Spread Trading Forex UK, updated 21-Oct-11
Spread Trading Forex UK - looking at the Spread Trading Forex UK market with trading analysis, news, charts and prices. The latest forex trading review looks at the UK forex markets where Cable is not suffering as much as the euro and so sterling has the edge over the single currency with GBP/EUR at...read article: Spread Trading Forex UK.
Spread Betting FX Market Review, updated 07-Oct-11
Spread Betting FX Market Review - a review of the Spread Betting FX Market Review market with spread betting news, trading analysis, charts and prices. The latest FX review considers the FX markets where the Euro has managed to scrape back this week's losses on news that the ECB were to freeze interest rates at...read article: Spread Betting FX Market Review.
Spread Betting FX UK, updated 23-Sep-11
Spread Betting FX UK - a look at the Spread Betting FX UK market with UK spread betting news, charts, prices and trading analysis. The latest FX trading review looks at the FX spread betting markets where the US dollar has been the one to benefit from all this turmoil and has risen some 8% against it's basket of...read article: Spread Betting FX UK.
Spread Betting FX Trading, updated 09-Sep-11
Spread Betting FX Trading - a review of the Spread Betting FX Trading market with UK spread betting news, charts, prices and trading analysis. The latest FX spread betting review looks at the currency spread betting markets, where the Euro has finally dipped below $1.4000. The ECB's statement, which was more bearish than...read article: Spread Betting FX Trading.
UK FX Trading, updated 26-Aug-11
UK FX Trading - a look at the UK FX trading market with news, charts, prices, trading analysis and UK brokers. The latest FX trading review considers the Sterling - Dollar spread betting market which is now some way from 'break out' and well within the trading range that has dominated...read article: UK FX Trading.
UK FX Spread Betting, updated 12-Aug-11
UK FX Spread Betting - looking at the UK FX spread betting market with UK spread betting news, prices, charts and analysis. The latest FX trading review looks at FX spread betting investors who saw a recovery in the Euro after rumours that debt trouble was engulfing the French banks were strongly denied and...read article: UK FX Spread Betting.
UK Forex Spread Betting, updated 29-Jul-11
UK Forex Spread Betting - a review of the UK forex spread betting market with charts, prices, UK spread betting news and trading analysis. The latest forex spread betting review looks at currency spread betting markets which are in defensive mode this morning as the Dollar benefits from continuation of the US ceiling crisis. The Dollar...read article: UK Forex Spread Betting.
UK Forex Trading, updated 15-Jul-11
UK Forex Trading - a review of the UK forex market with charts, prices, UK brokers, news and trading analysis. The latest forex trading review looks at uncertainty ahead of the banking stress test results which is causing the Euro to take a sharp dive against the Dollar on the FX spread betting markets this...read article: UK Forex Trading.
Spread Betting Forex Market Review, updated 01-Jul-11
Spread Betting Forex Market Review - a review of the forex spread betting market with prices, UK brokers, news and analysis. The latest spread betting forex market review looks at Sterling which is trading marginally down this morning against the Euro and the forex technical analysis is...read article: Spread Betting Forex Market Review.
Spread Betting Forex UK, updated 17-Jun-11
Spread Betting Forex UK - a look at the UK forex spread betting market with UK brokers, prices, new and analysis. In UK forex spread betting with a disagreement between Germany and the ECB on how to deal with the Greek bailout investors saw the Euro touch...read article: Spread Betting Forex UK.
Spread Betting Forex Trading, updated 03-Jun-11
Spread Betting Forex Trading - a look at the spread betting forex trading market with brokers, prices, news and analysis: Currently the EUR/USD forex spread betting pair is trading at $1.4477 and we could well see positive movement...read article: Spread Betting Forex Trading.
Forex Spread Trading May 2011, updated 20-May-11
FX market update: The Bank of Japan maintained its monetary stimulus to support the economy after falling GDP figures pushed the country into its third recession in ten years. This had a negative effect on the EUR/JPY spread betting market and...read article: Forex Spread Trading May 2011.
Forex Spread Betting May 2011, updated 06-May-11
FX market update: The US Dollar benefited once again from the risk aversion across FX spread betting markets. The Australian Dollar in particular has had it tough in the last three...read article: Forex Spread Betting May 2011.
Forex Spread Trading April 2011, updated 22-Apr-11
FX market update: For the forex markets, the Euro is trading up against the Dollar at $1.4625 this morning after reaching its highest level since 2009...read article: Forex Spread Trading April 2011.
Forex Spread Betting April 2011, updated 08-Apr-11
FX market update: It looks like the 'risk on' agenda for investors today is included in the FX spread betting markets too. The hawkish comments from ECB President Trichet following the rate hike prevented the Euro...read article: Forex Spread Betting April 2011.
Forex Spread Trading March 2011, updated 25-Mar-11
FX market update: Against the Euro, the Pound suffered a serious fall and now Sterling bears will be recommencing thoughts about parity with the single currency. GBP/EUR is at...read article: Forex Spread Trading March 2011.
Forex Spread Betting March 2011, updated 11-Mar-11
FX market update: Currency spread betting markets are have seen Dollar strength so far this week as the US currency's safe haven attribute comes into play, although this could also...read article: Forex Spread Betting March 2011.
Forex Spread Trading February 2011, updated 25-Feb-11
FX market update: On the currency markets the Dollar continues to be out of favour with traders and the Euro has been making some good ground in recent days. The major challenge for EUR/USD is...read article: Forex Spread Trading February 2011.
Forex Spread Betting February 2011, updated 11-Feb-11
FX market update: The forex spread betting markets were mixed yesterday but the winner was the Dollar which made good ground against the Yen, Australian Dollar and Euro...read article: Forex Spread Betting February 2011.
Forex Spread Trading January 2011, updated 28-Jan-11
FX market update: USD/JPY couldn't hold onto ¥83.00 despite the Japanese downgrade and is at ¥82.65 this morning. Apart from the bounce from its lows in early January...read article: Forex Spread Trading January 2011.
Forex Spread Betting January 2011, updated 14-Jan-11
FX market update: The bond auctions this week have really helped to lift the single currency with EUR/USD continuing its bounce higher. Sentiment towards the Euro...read article: Forex Spread Betting January 2011.
Forex Spread Bets December 2010, updated 30-Dec-10
FX market update: Gold's strength has played into the hands of the riskier currencies as the US dollar retreated in the forex markets. EUR/USD made a bit of ground...read article: Forex Spread Bets December 2010.
Forex Spread Trading December 2010, updated 17-Dec-10
FX market update: Financial Spreads clients remain bearish of the single currency so they'll be hoping for this little spurt of strength to be short lived and...read article: Forex Spread Trading December 2010.
Forex Spread Betting December 2010, updated 03-Dec-10
FX market update: The Euro has been the talking point for the currency spread trading markets and this morning EUR/USD continues to claw back its November losses...read article: Forex Spread Betting December 2010.
Forex Spread Trading November 2010, updated 19-Nov-10
FX market update: FX spread trading markets are slightly Dollar negative this morning as Ben Bernanke is due to speak to the ECB. Every time an important Treasury member, central banker or...read article: Forex Spread Trading November 2010.
Forex Spread Betting November 2010, updated 05-Nov-10
FX market update: Currency spread trading markets are matching equities with the Dollar recouping some of its heavy losses of yesterday. The weakness is...read article: Forex Spread Betting November 2010.
Forex Spread Trading October 2010, updated 22-Oct-10
FX market update: The GBP/EUR financial spread betting market has been beaten up recently as the government spending review has simply augmented the prospect of further QE...read article: Forex Spread Trading October 2010.
Forex Spread Betting October 2010, updated 08-Oct-10
FX market update: With all the talk of further QE around the corner, good employment data will put a spanner in works and we should see the Dollar recover a little...read article: Forex Spread Betting October 2010.
Forex Spread Trading September 2010, updated 24-Sep-10
FX market update: Forex spread trading markets also seem happy with their lot for the time being with the Euro remaining the coinage in favour for the moment. There has been no massive...read article: Forex Spread Trading September 2010.
Forex Spread Betting September 2010, updated 10-Sep-10
FX market update: Forex spread betting rates are largely flat, as is gold, having seen a bit of profit taking yesterday. Bulls will be naturally apprehensive...read article: Forex Spread Betting September 2010.
Forex Spread Trading August 2010, updated 27-Aug-10
FX market update: The FX spread betting markets seem to have hit a reasonably stable level around $1.27 for the Euro and $1.55 for the Pound. The Yen cross is also...read article: Forex Spread Trading August 2010.
Forex Spread Betting August 2010, updated 13-Aug-10
FX market update: The Yen is very strong in the face of rising confidence in the East versus the West and one does get the feeling that the Majors remain in a race to...read article: Forex Spread Betting August 2010.
Forex Spread Trading July 2010, updated 30-Jul-10
FX market update: Despite the worse than expected UK consumer data this morning the Pound is the star so far in the session with Cable looking content above the...read article: Forex Spread Trading July 2010.
Forex Spread Betting July 2010, updated 16-Jul-10
FX market update: FX markets are a little flat this morning but with the bias once again towards Dollar weakness. EUR/USD is testing yesterday's highs around...read article: Forex Spread Betting July 2010.
Forex Spread Bets June 2010, updated 02-Jul-10
FX market update: The Yen remains the strong man of the majors, which appears slightly odd given the country's fiscal position, and the Euro/Yen cross is still...read article: Forex Spread Bets June 2010.
Forex Spread Trading June 2010, updated 18-Jun-10
FX market update: FX markets are hammering at the Dollar for the fourth or fifth day in a row but the moves do seem to be treading water a bit...read article: Forex Spread Trading June 2010.
Forex Spread Betting June 2010, updated 04-Jun-10
FX market update: Clearly many of those FX spread trading are sitting on the sidelines ahead of NFP but it's difficult to see if there's any shock to the upside might that...read article: Forex Spread Betting June 2010.
Forex Spread Trading May 2010, updated 21-May-10
FX market update: On the currency front our comment yesterday that if the Euro was not moving in the accepted direction then the opposite was likely to happen proved rather more prophetic than expected...read article: Forex Spread Trading May 2010.
Forex Spread Betting May 2010, updated 07-May-10
FX market update: The Euro has now almost reached the longer term target for the Bears of around $1.2350/1.2450, mentioned way back last week when we were...read article: Forex Spread Betting May 2010.
Forex Spread Trading April 2010, updated 23-Apr-10
FX market update: Currency markets are the place to be at the moment with the Euro continuing to weaken under the glare of all its woes. In reality it must be admitted that...read article: Forex Spread Trading April 2010.
Forex Spread Betting April 2010, updated 09-Apr-10
FX market update: The EUR/USD spread bounced again from the levels last seen at the end of March just below $1.3300 where it recovered back to as high as...read article: Forex Spread Betting April 2010.
Forex Spread Trading March 2010, updated 26-Mar-10
FX market update: Currency markets continued to be Dollar favourable yesterday but this morning has seen something of a pull back as the Euro has recouped...read article: Forex Spread Trading March 2010.
Forex Spread Betting March 2010, updated 12-Mar-10
FX market update: Cable staged another mini recovery yesterday capturing the $1.50 level again and this morning is continuing its rally, sitting at...read article: Forex Spread Betting March 2010.
Forex Spread Trading February 2010, updated 26-Feb-10
FX market update: Cracks have appeared in the recovery and FX markets in particular have shown alarming moves that indicate they are preparing for...read article: Forex Spread Trading February 2010.
Forex Spread Betting February 2010, updated 12-Feb-10
FX market update: On the currency markets, the Pound and Euro both found support yesterday pushing well away from recent lows to climb quite strongly through...read article: Forex Spread Betting February 2010.
Forex Spread Trading January 2010, updated 29-Jan-10
FX market update: On the currency front, the Euro has been weakening again, finally dropping below $1.40 yesterday. The currency is...read article: Forex Spread Trading January 2010.
Forex Spread Betting January 2010, updated 15-Jan-10
FX market update: The US retail sales didn't help the Dollar much and it drifted back to the ¥91.00 mark against the Yen. With the rate at...read article: Forex Spread Betting January 2010.
Forex Spread Bets December 2009, updated 01-Jan-10
FX market update: Interesting movements in the Forex spreads markets are just about the only thing worth focussing on at the moment. Yesterday the Dollar waxed and waned, managing a...read article: Forex Spread Bets December 2009.
Forex Spread Trading December 2009, updated 18-Dec-09
FX market update: The momentum against Cable was compounded by some negative UK retail sales which flew in the face of recent reports from retailers like...read article: Forex Spread Trading December 2009.
Forex Spread Betting December 2009, updated 04-Dec-09
FX market update: The Euro managed to exactly match our commented range of $1.5140 to $1.5040/60 in yesterday's session. It traded at...read article: Forex Spread Betting December 2009.
Forex Spread Trading November 2009, updated 20-Nov-09
FX market update: Currency markets are mixed this morning but largely in favour of the Dollar. Cable is heading lower as once again it fails to test...read article: Forex Spread Trading November 2009.
Forex Spread Betting November 2009, updated 06-Nov-09
FX market update: Currency markets are turning a bit Dollar unfriendly once more with the Euro regaining the $1.4860 level. The Euro had been...read article: Forex Spread Betting November 2009.
Forex Spread Trading October 2009, updated 23-Oct-09
FX market update: Trading continues to be very contained in the EUR/USD cross with the $1.49 level seeming to hold an irresistible attraction. Last night it seemed that...read article: Forex Spread Trading October 2009.
Forex Spread Betting October 2009, updated 09-Oct-09
FX market update: Mervyn King muttered about a weak currency helping exporters but I have to say that this commentator is yet to see any evidence of...read article: Forex Spread Betting October 2009.
Forex Spread Trading September 2009, updated 25-Sep-09
FX market update: The weakness of the Pound versus other majors has merely been reflected by the Dollars own lack of strength. Versus the Euro the cross seems unable to...read article: Forex Spread Trading September 2009.
Forex Spread Betting September 2009, updated 11-Sep-09
FX market update: As mentioned many times over the last few months the Dollar continues to suffer from what looks like benign neglect from the...read article: Forex Spread Betting September 2009.
Forex Spread Betting August 2009, updated 28-Aug-09
FX market update: The pound/dollar range at $1.62 to $1.66 eventually held the upper hand and after testing the markets below $1.62 the volume attraction of this range reasserted its pull. In truth the opening hours today have...read article: Forex Spread Betting August 2009.
Forex Spread Trading August 2009, updated 14-Aug-09
FX market update: On the currency front the pound made a big rebound from the lows with the Yen (especially) falling back after a strong run. The sharp spike lower in GBP/JPY in a frantic...read article: Forex Spread Trading August 2009.
Forex Spread Trading July 2009, updated 31-Jul-09
FX market update: The equity market rally though took its toil as investors sold the dollar in favour of equities. Sterling did well out of...read article: Forex Spread Trading July 2009.
Forex Spread Betting July 2009, updated 17-Jul-09
FX market update: The dollar is making a little ground back against sterling. Rather like the equity markets there is a lack of direction and a real tussle between the
...read article: Forex Spread Betting July 2009.
Forex Spread Bets June 2009, updated 03-Jul-09
FX market update: Sterling is also managing to sit tight against some serious tests of support. Cable has drifted sideways through the short term upward trend line which is marginally worrying and this may give cause for a move back into the $1.58 to $1.60 region. However sometimes trend lines just lose their...read article: Forex Spread Bets June 2009.
Forex Spread Trading June 2009, updated 19-Jun-09
FX market update: Forex markets must have read my comment yesterday as the pound made an almost carbon copy move to Wednesday's price action. The total net effect over the last three days has been...read article: Forex Spread Trading June 2009.
Forex Spread Betting June 2009, updated 05-Jun-09
FX market update: Even though the GBP/USD spread betting market has fallen from a high of $1.6670 on Wednesday to the current $1.6050 there have been some big rallies amidst the 6 cent fall. Clients have been trying to buy into...read article: Forex Spread Betting June 2009.
Forex Spread Trading May 2009, updated 22-May-09
FX market update: The same happened to GBP/EUR which saw a very sharp fall yesterday morning, but recovered afterwards throughout the rest of the day. At the moment though, the euro is...read article: Forex Spread Trading May 2009.
Forex Spread Betting May 2009, updated 08-May-09
FX market: Sterling's good recent run came to an abrupt end after the BoE announced its next tranche of asset purchases. The market was taken a little by surprise as many were expecting the Bank not...read article: Forex Spread Betting May 2009.
Forex Spread Trading April 2009, updated 24-Apr-09
FX market: EUR/USD is back above $1.3000, currently at $1.3070 with the Euro making a bit of ground on Sterling as well as GBP/EUR heads back towards...read article: Forex Spread Trading April 2009.
Forex Spread Betting April 2009, updated 10-Apr-09
FX market: With EUR/USD, our spread betting accounts are very much two way with buyers matching sellers and in truth it is difficult to argue that ...read article: Forex Spread Betting April 2009.
Forex Spread Trading March 2009, updated 27-Mar-09
FX market update: FX markets are still wary of the recent indication that the US might not be opposed to the creation of a 'Super Currency' run by the IMF, the mere mention of which sent the dollar...read article: Forex Spread Trading March 2009.
Forex Spread Betting March 2009, updated 13-Mar-09
FX market: The failure last Friday to push resistance versus the dollar at $1.4340 was not helped by the overall view taken about the 'quantitative easing' policy of the...read article: Forex Spread Betting March 2009.
Forex Spread Trading February 2009, updated 27-Feb-09
FX market update: Against the Euro, the pound seems to have settled into a £1.1000 to £1.1500 range...read article: Forex Spread Trading February 2009.
Forex Spread Betting February 2009, updated 13-Feb-09
FX market: Virtually every major market, having tried valiantly to break out of the current trading ranges, is now pretty much where they closed on Wednesday evening. GBP/USD had a solid look at...read article: Forex Spread Betting February 2009.
Forex Spread Bets January 2009, updated 31-Jan-09
FX market update: Currency markets continue to be the focal point with the battle for the GBP/USD rate to get...read article: Forex Spread Bets January 2009.
Forex Spread Trading January 2009, updated 16-Jan-09
FX market: Strange moves overnight in the currency markets will not have pleased many as the Pound ?took off? in the first few hours of trading opening some...read article: Forex Spread Trading January 2009.
Forex Spread Betting January 2009, updated 02-Jan-09
FX market update: the 'dollar bulls' remain positive about the outlook for the dollar as they argue it could replace the Yen as the new carry trade currency. This also indicates that the FX markets are preparing for...read article: Forex Spread Betting January 2009.
Forex Spread Trading December 2008, updated 19-Dec-08
FX market: The pound has fallen a minimum of 25% against even the weakest of the other major currencies this year and in the same period our...read article: Forex Spread Trading December 2008.
Forex Spread Betting December 2008, updated 05-Dec-08
FX market update: On the Currency front the cut in rates had little effect, there was a brief fall in the Euro and the Pound followed by a short covering rally and now we...read article: Forex Spread Betting December 2008.
Forex Spread Trading November 2008, updated 21-Nov-08
FX market: The GBP / USD spread is now $1.5082 - $1.5085 and, to be honest, there is little in the way of resistance or support around the current price. The short term falling trend line is now at...read article: Forex Spread Trading November 2008.
Forex Spread Betting November 2008, updated 07-Nov-08
FX market update: The volatility in the GBP / USD market is becoming ever more extreme with the last eleven trading days averaging over 5¢ a day high/low range (3%). This variation represents a...read article: Forex Spread Betting November 2008.
Forex Spread Trading October 2008, updated 26-Oct-08
FX market: Traders looking for some kind of support have seen their hopes wiped away as the pound and euro plumb depths not seen for...read article: Forex Spread Trading October 2008.
Forex Spread Betting October 2008, updated 10-Oct-08
FX market update: Trading in the Forex markets has been just as violent as the equities as the pound has fallen dramatically out of favour versus the Yen and Dollar. It appeared, briefly, that confidence in...read article: Forex Spread Betting October 2008.
Forex Spread Trading September 2008, updated 26-Sep-08
FX market: The Forex markets must have been reading my comment yesterday as Cable failed at almost exactly the resistance of $1.8650 and then moved down to attack the support at $1.8450. Once this had...read article: Forex Spread Trading September 2008.
Forex Spread Betting September 2008, updated 12-Sep-08
FX market update: On the FX spread betting front the inability of the Pound, Euro or Yen to hold onto the gains versus the dollar do not bode well in coming sessions. The currency markets are settling in to the new ranges caused by...read article: Forex Spread Betting September 2008.
Forex Spread Trade August 2008, updated 29-Aug-08
FX market update: The Euro / Dollar rate is off its lows this morning around the $1.4693 mark and continues to test...read article: Forex Spread Trade August 2008.
Forex Spread Betting August 2008, updated 15-Aug-08
FX market update: We are now sitting just above the massive 2006 GBP / USD support level at around...read article: Forex Spread Betting August 2008.
Forex Spread Trading July 2008, updated 01-Aug-08
FX market update: In the Forex spread betting markets the dollar and yen are looking to make gains after the...read article: Forex Spread Trading July 2008.
Forex Spread Betting July 2008, updated 18-Jul-08
FX market update: In the Forex Spread Betting world Cable continues to hover around the $2.00 dollar mark but the Euro has, for the time being, given up on the...read article: Forex Spread Betting July 2008.
Forex Financial Spread Bet July 2008, updated 04-Jul-08
Forex market update: The weak dollar is causing much of the recent commodity spike and the laissez faire attitude of the US administration to the value of the Greenback is coming back to haunt them in the shape of...read article: Forex Financial Spread Bet July 2008.
Forex Financial Spread Trading June 2008, updated 20-Jun-08
Forex market update: Every time the pound looks to be in danger of a fall to below $1.94 buyers come in and take it back up to around $1.98 to $2.00. Cable has been in a falling wedge formation since...read article: Forex Financial Spread Trading June 2008.
Forex Financial Spread Betting June 2008, updated 06-Jun-08
Forex market update: The pound was dragged a little in the Euros wake yesterday but even so lost over a Euro cent in the post Trichet move. The GBP / USD spread is currently at $1.9581 - $1.9584 this morning and is still at the lower end of the recent trading ranges. Any clients who bought into...read article: Forex Financial Spread Betting June 2008.
Forex Spread Bet May 2008, updated 23-May-08
Forex market update: Sterling had one of its surging days yesterday moving higher against every other major currency. We have seen some very heavy buying in the Pound and Euro vs the lower interest rate currencies (JPY, CHF, USD) in the last few sessions as traders...read article: Forex Spread Bet May 2008.
Forex Trading May 2008, updated 09-May-08
Forex market update: Unfortunately the FX markets, which seemed to be selling the Pound and Euro in anticipation of a rate cut from both the ECB and MPC only reversed for the Euro and not for the Pound. Sterling is now weakening again against all the majors and yet another attack on the...read article: Forex Trading May 2008.
Forex Trading April 2008, updated 25-Apr-08
Forex market update: Looking at the Forex Spread Betting markets the Pound actually managed a good day for a change as the Euro and Yen suffered. Of course the real winner was the US Dollar. Cable is now at the bottom of it recent range with dealers probing for any weakness below...read article: Forex Trading April 2008.
Forex Spread Bets April 2008, updated 11-Apr-08
Forex market trading update: The dollar is getting a knock this morning weaker against the majority of other currencies. Sterling attempted to make some sort of recovery against the euro yesterday dipping below the £0.8000 mark. However, since...read article: Forex Spread Bets April 2008.
Forex March Spread Trading, updated 28-Mar-08
Forex markets: On the FX markets the Dollar continues to hold it own for the time being but the pound seems to have hit something of a brick wall overnight. All the majors are unchanged except for the pound which is down 80 pips against the greenback (under $2 again)...and is at a new all time low versus the Euro at £0.7894 which means that we are now over 15%...read article: Forex March Spread Trading.
Real-time Forex Prices and Charts, updated 15-Feb-08
Forex pricing information: On the currency trading front we are very quiet and with no news expected today it may well remain that way for the early trading session. GBP / USD looks to be quite happy at levels near to $1.9700 but we have made a habit of...read article: Real-time Forex Prices and Charts.
UK Forex Spread Trading, updated 01-Feb-08
UK Forex Spread Trading: FX markets are absolutely comatose at the moment and we are trading and re-trading over the same ranges. The pound is pretty much...read article: UK Forex Spread Trading.
Forex January Spread Betting, updated 18-Jan-08
FX markets remain peaceful with the Dollar and Pound continuing to recoup some of the recent losses. The Sterling/Yen cross is now hovering just below the 211.90 support/resistance at a spread of...read article: Forex January Spread Betting.
Forex Trading Online, updated 21-Dec-07
Find out where you can Trade FX Online for free plus your FX trading questions answered, tips on getting free FX charts, real time prices and...read article: Forex Trading Online.
Forex Futures Trading, updated 07-Dec-07
Where to trade Forex Futures plus updated Forex trading news and the most popular Forex questions answered....read article: Forex Futures Trading.
Forex Broker, updated 23-Nov-07
Where to find free Forex Brokers plus regular Forex financial trading news as well as the most popular Forex questions answered....read article: Forex Broker.
Forex Platform, updated 09-Nov-07
Where to find free Forex Platforms plus updated Forex trading news as well as the most popular Forex queries answered....read article: Forex Platform.
Forex Software, updated 26-Oct-07
Where to find free Forex Software information plus updated Forex trading news as well as the most popular Forex queries answered....read article: Forex Software.
Forex Prices, updated 04-Feb-08
Where to find free Forex Prices plus updated Forex news as well as your top Forex questions answered....read article: Forex Prices.
|
|
Q) Average Trading Results?
A) Get free spread betting tips, offers, price updates, important news and more!
|
|
