One of the major scheduled releases of last week was the U.S. Non-Farm Payrolls data, which was released on Friday.
The Bank of England not only raised its Official Bank Rate by 0.25% from 0.50% to 0.75%, its highest level for more than nine years, as had been expected, but also did so unanimously,
Tomorrow, 1st August 2018, the EU-wide financial regulator ESMA’s new restrictions on retail traders come into force. I’ve covered this before but as its happening now, I’ll just quickly outline what these changes are and what they mean for you
A few days ago, I wrote about a sudden sharp drop in the value of a top-performing S&P 500 stock: Netflix (NFLX).
It has been a sleepy week in the Forex market all in all, with prices moving only by a little, making life difficult for traders with any big ambitions.
Whatever you think of President Trump, he found a way to make a big impact whenever he wants or needs to, by using Twitter.
Although it is strictly true to say that the major movements in the Forex market this week have been driven by the U.S. Dollar, as is typically the case, the major currency which is in the deadlines and which is moving with the greatest strength and volatility is the British pound.
I wrote at the weekend about how I was long of a few stocks, including NFLX (Netflix). I finished by saying “Be aware, though, that stocks that rise very sharply can also fall very sharply, and Netflix will be making an earnings announcement before the market opens tomorrow which some analysts fear might hit its value hard.”