FX Spread Betting Markets Continue to see Euro Weakness, Especially Against Swiss Franc
In The Spread Betting Markets Today: Last night US markets rallied well from a weak opening position with the Dow Jones bouncing off the 11,000 level. In the FX markets, the rally pushed money out of the US dollar and back into the Japanese yen and Swiss franc. The momentum has continued this morning [...]
Indices Spread Betting: FTSE Below Support Levels as Dow Consolidates
As suggested previously, a break below 5630 would open the doors for the FTSE 100 to test lower prices at 5588 – 5491. With a pivot low at 5573 the FTSE will need to climb above 5705 to ensure that the support of 5630 should hold. The momentum index is still pointing lower and with [...]
Spread Betting: Financial Shares Struggle due to Irish Debt Crisis
The Spread Betting Markets – Last Week: Ireland’s change of stance and acceptance of nearly 100 billion euros last week didn’t calm fears about debt contagion, nor did it stem the rise in costs of borrowing across the Eurozone’s peripheral economies. S&P’s downgrade of Anglo Irish Bank to junk status along with a number of [...]
FX Spread Betting: GBP/USD Down with No Clear Catalysis
In The Spread Betting Markets Today: Despite an attempted rally from the open by US indices, the financial spread betting markets well and truly belongs to the bears on Friday and the so called ‘bond vigilantes’ putting pressure on Irish, Portuguese and Spanish bonds. The situation in the FX markets is largely as it [...]
Spread Betting Guide to Trading Allied Irish Bank Shares
Where to Spread Bet on Allied Irish Bank You can trade on spread betting markets such as Allied Irish Banks with spread betting companies like: IGIndex CityIndex Spreadex To see which companies offer 24 hour trading, new account offers, stop losses and trading charts see Spread Betting Companies. How to Spread Bet on [...]
Financial Spread Trading Guide to Speculating on the Korea 200 Index
How to Spread Bet on the Korea 200 If you decide to spread trade on an index such as the Korea 200 then, on visiting IG Index on Friday, you may have seen a spread of 25013 – 25043. This means you can bet on the Korea 200 to increase higher than 25043 [...]
Indices Spread Betting: FTSE Struggles as Copper Price Falls
The FTSE 100 fell by as much as 1.2%, eradicating all of yesterday’s gains after a sell off in the miners weighed on the UK Index. With the US markets closed yesterday for Thanks Giving and entertaining a half session today, today’s session in Europe is likely to be extremely quiet with low volumes. It [...]
FX Spread Betting: EUR/USD and AUD/USD Lifted as Portuguese Debt Looks More Hopeful
In The Spread Betting Markets Today: Yesterday was a non event for European stock markets and FX markets with little movement beyond the opening flurry to speak of. However behind the scenes, debt worries continued to mount with dollar LIBOR (interbank lending costs) continuing to rise. It is this interbank lending that rose in [...]
Forex Spread Betting: Euro Woes Continue With Single Currency Still Falling
The FTSE 100 posted gains of 0.3% on Thursday led by gains in property firms such as Capital Shopping Centres after the company announced bid interest from US peer Simon Group. The euro however remained under pressure with investors still anxious over the Irish debt situation and unconvinced by the recently announced €15bn spending cut [...]
FX Spread Betting: USD/CHF Around Parity, Is It About to Fall Lower?
In The Spread Betting Markets Today: The financial spread betting markets are quiet after yesterday’s big rally on US markets which saw the Dow Jones perform a complete U turn and reverse recent losses. The Dow has been making a lot of noise, but ultimately going nowhere recently. Markets are also quiet with US [...]
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