UK’S GOVERNMENT’S ECONOMIC POLICY OF THE 1960s AND THE EURO-DOLLAR MARKET * A. Introduction On the 11th May 1965, the Chancellor of the Exchequer announced that local and central Government spending was to decrease in order to restore the balance of payments to equilibrium, and to enable the nation to live within its … Read more
Good afternoon, there has been a fair amount of discussion on the wires this morning as to robust ability of the coalition’s austerity budget in the currency markets from Moneycorp, Currencies Direct, Voltrex and TorFX. Today is primarily a continuation of yesterday’s feelings towards the UK and the Euroland. It is the turn of the … Read more
(This article is a follow-on to “Snakes And Banksters: A Tale of Reptilian Treachery.”) The Irish Government is so hard up for cash that it is considering auctioning off national assets like state lands, buildings, state agencies, and other valuables that belong to the Irish people. The Government says that the money is needed … Read more
We continue our daily look at factors affecting currencies allowing some insight into market conditions affecting exchange rates. Cash and income timing for UK Pensions and QROPS should be considered to maximise the Pension, QROPS and investment income and benefits taken. Investment market volatility and currency exchange remains a challenge. Things are still very volatile … Read more
1. Focus on one or two Currency Pairs First, focus on only one or two currency pairs. When you’re new to forex trading, it’s tempting to see opportunities in every pair, even ones you’re unfamiliar with. When I first started trading, I tried some of the more unusual currencies, like the NZD, AUD, and CAD. … Read more