A murky forex outlook
For today:
4:30 am (EST) UK Industrial Production figures m/m.
Well, it’s been fairly grim for the last couple of months, so no change there then, and hard to see anything unusual coming about.
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For today:
4:30 am (EST) UK Industrial Production figures m/m.
Well, it’s been fairly grim for the last couple of months, so no change there then, and hard to see anything unusual coming about.
Continue reading »
A dodgy alliteration, but now the heat has turned on Hypo – so what does the German government do, rushes to the rescue, guaranteeing savings everywhere. Other countries in the Euroland won’t be too unhappy about this, but the UK definitely will be.
This is now socio-political concerns completely overriding the economic forces – ie. very definitely not a free market and not capitalism.
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Well, we live in interesting times – and pleasant for once to glance over at the falling stocks, options markets and realise with forex it’s always possible to be on either side of the market.
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