Following on from yesterday’s eyes on Italy and Austria, we now have the results of the votes.
A generation ago, in Europe, when a political party was called “far-right”, it was a small, fringe association of skinhead types who tended to be violent and openly express admiration for Hitler. They received very few votes at elections, with the exception of the Front National in France.
A very tricky area that tends to bother traders – well, it is all in the headline!
This might sound like a strange or tricky topic. It really isn’t! It is something you are probably already doing as a trader, without even being aware of it.
I have always wondered why banks and other financial institutions make their very highly paid staff issue reasoned, well-argued forecasts as to where a particular exchange rate will be at, say, 12 months in the future.
I have written
A little over a week ago,
Most traders should be familiar with the following scenario: you’re waiting for a trade to set up and finally there it is, what seems to be a good entry presenting itself. Before you go ahead and make the trade, you suddenly realize (you should realize!) there is a high-impact data release due within, say, half an hour. In other words, close enough to the present moment to be a major cloud on the horizon.