Short Sterling – March 2009 |
|
Comment: The authorities, asleep at the wheel for over a year, are eventually coming round to the idea that the patient needs help. Last night Bank of England Governor King said, ‘not since the beginning of the First World War has our banking system been so close to collapse. We are far from the end of the road back to stability’. True, but hardly the confidence-booster needed now. With friends like these…No wonder this futures contract gapped higher this morning, at its most overbought ever, Read More...
Filed under: Technical
Latest Posts
- December Non-Farm Payrolls Preview: Could We See a Rebound?
- USD Slumps Ahead of Payrolls
- U.S. Forex Market Commentary
- U.S. Forex Market Commentary
- New York Session
- Daily Forex Signal
- Daily Forex Signal
- Daily Forex Signal
- The year-end high at 0.9805
- Euro should spend Q1 2009 getting used to current levels and consolidating between 1.2500 and 1.5000
- The biggest ever percentage quarterly fall
- $/yen, final new lows over next few weeks ?
- Why Non-Farm Payrolls Could Rebound in December
- Today’s Live Show: The USD Ahead of Non-Farm Payrolls
- GBP should recover in the next six months