If you're looking for a great Forextrade this week, try going short of GBPUSD. Click here for more trading tips:
that the best trade for the week was likely to be short of the EUR/USD currency pair, and long of WTI Crude Oil, Gold, Wheat, and Corn. Unfortunately, about half of these made significant retracements as the week went on, but use of a trailing stop as I recommended should have kept averaged losses relatively small.
, and that Russian losses may already be exceeding 10,000 dead troops – nearly two thirds the Soviet Union’s total losses in the 10-year war in Afghanistan in the 1980s. The Russian government has just threatened to target NATO weapons shipments, which could potentially lead to a clash with NATO at the Polish/Ukrainian border., with more and more companies pulling out of Russia or shutting down operations and sales there, while several Russian banks have been cut off from SWIFT.This is going to cause a great deal of economic pain in a country where a lot of people are already barely getting by paycheck to paycheck.
In its monthly policy release, the European Central Bank last week left its interest rate unchanged but took a hawkish step of speeding up the end of its monetary stimulus , with stocks, commodities, and riskier currencies rising in one case, and the US Dollar, Japanese Yen, and Swiss Franc broadly rising in the other case.
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