The majority of retail traders are part time, actually there’s an argument to be had that all full time traders are in fact part time traders, they’re simply pretending to be full time whilst looking busy, as once you’re successful your chart watching time and overall engagement with the market becomes negligible, but that ‘posturing’ […]
There was quite a dramatic moment in the senate committee hearing where Jack Lew took centre stage on Thursday, Democrat senator Maria Cantwell produced a graph of America’s short-term borrowing costs, showing a spike in interest rates over recent days… She stated that people don’t realise the implications of America’s credit-worthiness being questioned, quoting an
During yesterday’s White House conference, President Obama praised current Fed chairman Ben Bernanke as he winds down towards his leaving in January 2014 for leading the US through; [quote]“some of the most daunting circumstances of a lifetime. He has truly been a stabilizing force, not only for our country, but for the entire world.”[/quote] Describing
‘Humbled’ Janet Yellen is determined to help hardest-hit Americans Read More »
I’m probably not alone in occasionally (mentally) re-visiting my first few months of full -time trading. Looking back it was a torrid time. I’d watched the industry I’d dedicated over a decade to, the mortgage industry in the UK, collapse as the 2007/2008 crises hit. Having specialized in creating mortgage leads from websites I knew
The DJIA index appeared to briefly escape the clutches and stranglehold of the debt ceiling crisis on Wednesday. The Whitehouse, getting back to the normal business of nominating (or more likely announcing ) Janet Yellen to the position of Chairman of The Fed, appeared to both add an aura of calm and perhaps a ‘healthy’
It’s noticeable just how fickle consumer confidence is in the USA when faced with a political and economic crisis. Similar to many analysts and market commentators, in this column we’ve long held the view that the USA economy had topped out and was only moving forward due to the QE to infinity programme Ben Bernanke,
USA consumer confidence evaporates whilst UK manufacturing finds reverse gear Read More »
It’s no wonder that new traders quickly develop unrealistic ambitions once they’ve committed to enter the FX market as a trader. If they find FX by way of links to various forums, or by searching through search engines such as Google, they’re initially bombarded with adverts promising riches beyond their wildest dreams. And lately, with
The IMF finally added its voice to the opinions of; APEC, Chinese officials, Japanese officials, Goldman Sachs, the USA Treasury chief, and other assorted bank chiefs and analysts regarding the debt ceiling. There was one other voice who added his opinion later in the day on Tuesday; in the gravest of tones president Obama made
IMF lowers its global growth targets and warns USA of debt ceiling impasse Read More »
We start with a title which should remind those investors and traders, who have been seduced by many of the bullish statements from the E.U. and ECB over recent weeks, that the recovery in the Eurozone and as a consequence the wider European region, is far from certain and certainly isn’t underpinned by solid foundations.
German exports fall in August 2013, down 5.4% on August 2012… Read More »
UK winter will be officially recognised as the clocks ‘move forward’ by an hour at the end of October. This cultural relic ensures that it’ll go darker in the UK an hour earlier; instead of the UK skies darkening at approx. 5:30 p.m. they’ll darken at approx. 4:30 p.m. The original idea behind the concept
