Spread Betting Guide to Trading the Australian Dollar / US Dollar Market

Where to Spread Bet on the Australian Dollar / US Dollar You can trade on spread betting markets such as the Australian Dollar / US Dollar with spread betting companies like: Financial Spreads GFT CMC Markets To see which companies offer 24 hour trading, new account offers, stop losses and trading charts see Spread [...]

Spread Betting Guide to Trading the USD/DKK Market

Where to Spread Bet on USD/DKK You can trade on spread betting markets such as USD/DKK with spread betting companies like: IG Index Spreadex CMCMarkets 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 USD/DKK Should [...]

Spanish Ibex Index Falls Sharply as Moody’s Puts Spain on Negative Watch

Stock Indices around Europe suffered yet more falls on Friday as investors sold out of risky asset classes ahead of a pivotal weekend of negotiations on Capitol Hill to agree on deficit cuts and raise the US debt ceiling before the August 2 deadline. A move by rating agency Moody’s to place Spain on review [...]

Dow Jones Closes Lower for Fifth Straight Session as US Default Looms

Last night US stock markets suffered another late hour stumble, reversing a promising session to close down around 0.50%. US politicians have failed yet again to come to an agreement on the debt ceiling, with many agreeing that both sides of the house are playing a dangerous game of brinkmanship. The Dow Jones has closed [...]

GBP/CAD Spread Betting Market Rises on Lower Than Expected Canadian Inflation

The GBP/CAD spread betting market collected over a cent and a half last week. It achieved it the hard way, first falling by a cent and a half then, in the second half of the week, climbing by nearly three cents. Canada’s close association with the United States proved to be a mixed blessing, as [...]

S+P 500 Index Drops 2% on Worse Than Expected US Durable Goods Orders

Debt and economic fears drove stock markets lower last night with the S+P 500 experiencing its worst close since May, dropping just over 2.00%. The Dow Jones faired little better, dropping nearly 200 points to test July’s low. The US dollar index had a good day yesterday, reversing what had generally been a poor July [...]

US Debt Talk Impasse Sends European Indices Spread Betting Markets Down

European indices spread betting markets lost around 0.3% as traders reduced holdings in banking stocks such as Lloyds and Intesa SanPaolo. A number of safe haven asset plays such as gold and US dollar/Swiss franc set new record highs as investors reacted to the fragility of talks on raising the US debt ceiling before the [...]

Higher Than Forecast Australian Inflation Sends AUD/USD to New Highs

This morning a quartet of currencies have hit new highs against the US dollar. Of particular interest is the Australian dollar as the AUD/USD surges 0.82% this morning on higher than expected inflation data. The pair has pushed through May’s highs to trade at 1.1050 this morning. Not far behind, the NZD/USD is also pushing [...]

US Debt Deadlock Sends USD/CAD Spread Trading Market to 45 Month Low

This morning, there’s a feeling of optimism across markets that the US will get through the debt standoff without default. This has put the US dollar on the back foot this morning, owing to the currency’s safety status even in the midst of the debt stand off. With the debt problems looking surmountable, investors are [...]

Crude Oil Spreads Find Support and Look to Play Out Bullish Pattern to $110

Although the stock indices had rallied last week there is a possibility that a wall of resistance may be reached again. Currently the indices have stalled at a secondary resistance on the upside. But the intermediate term picture remains unsure as both the UK and US indices are stuck within a range. A breakout above [...]