GBP/USD Falls When BOE Governor Tones Down His Interest Rate Increase Message

Bank of England Governor Mark Carney drove GBP/USD higher when he told the market that interest rate increase could happen sooner than expected. But when he was criticized by the lawmakers on his statement, he toned down his interest rate increase rhetoric. Bloomberg reported that Mark Carney toned down his rhetoric on the timing of…

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It’s Time To Short The EURO!

France is heading for it’s winter of discontent which means it’s time to short the EURO. This is what Tim Treadgold, a Forbes contributor argues in his recent article. This is what Tim argues: Not only is Europe teetering on the edge of recession, if it is not already moving in reverse, but political, economic…

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These 7 Emerging Currencies Are Challenging The Forex Hierarchy!

The USD still accounts for 87.0% of the average daily forex turnover according to a survey taken in April 2013. The next currency that comes in second is the Euro (EUR) that has 33.4% share, after than Japanese Yen (JPY) that has got 23% and British Pound (GBP) is fourth with 11.86% share. The next…

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Forex Trading Marathon-13 Hours Live Uncut FREE Forex Training!

You should register for this Forex Trading Marathon just now. In this Forex Trading Marathon, 4 champion forex traders are going to share live with you how they tackle the 3 market session daily. These 4 champion forex traders are Jared Martinez, CEO and founder of Market Traders Institute MTI, his son Joshua Martinez who…

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What Are The Challenges Facing Wealth Managers?

Watch this Bloomberg video in which Boston Consulting Group principle discusses the challenges facing the wealth managers in developing economies.

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