With spread betting client sentiment looking more confused following Bernanke’s testimony to Congress, Michael Hewson and Nick Dale-Lace discuss the latest moves in FX markets.
- Bernanke’s testimony causing confusion among clients
- EUR/USD rising despite negative European news including poor German sentiment and Spanish corruption allegations
- GBP/USD sees Carney change MPC voting pattern to a 9-0 vote to hold asset purchases
- EUR/GBP seeing bearish signals given ECB and BoE forward guidance
Spread Betting & CFD trading carry a high level of risk to your capital and you can lose more than your initial deposit. Only speculate with money that you can afford to lose. These trading products may not be suitable for all investors so seek independent advice.Video content by Michael Hewson of CMC Markets. Content provided by CMC Markets. CMC Markets UK plc and CMC Spreadbet plc are authorised and regulated by the Financial Services Authority in the UK, registered offices, 133 Houndsditch, London, EC3A 7BX.