Tag: forex-trading

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Pound hits $1.30 amid global market jitters

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The Sterling Pound hit its highest level against the dollar in a year on Wednesday as investors bet on UK interest rates staying higher for longer. The data reveal the rate of inflation was proving more stubborn than expected by some analysts which prompted traders to cut bets on an easing of rates in August, and sent the pound above $1.30 for the first time since last July. The Pound has also boosted by market hoping new Labour government will offer economic stability. UK inflation was steady in June, in line with Bank of England’s target rate of 2 per … Continue reading Pound hits $1.30 amid global market jitters

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Ultimate Greed

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The Trading Game is a story of financial madness, moral decay and ultimate greed.  A young man preferably male protagonist is traditionally attracted to Wall Street to seek his fortune. But Gary Stevenson the poor kid kicking broken footballs on the streets of East London in the shadow of affluent Canary Wharf’s skyscrapers,  wanted something much better and bigger for himself.  After winning a competition run by a bank “The Trading Game” he got the golden ticket to a new life, as the youngest trader in the whole city of London.  Where your colleagues are dysfunctional maths geniuses, overfed public … Continue reading Ultimate Greed