Currency trading of Sterling fell to a one-month low against the US dollar this week as the Bank of England Governor Mark Carney dampened expectations for tightening monetary policy in the near-term. Expectations for the Bank of England to raise interest rates from record lows in the first half of next year is what’s been driving
It was interesting to note the big sell off on both the EUR and the GBP this week against the dollar currency but looking forward it is clear to see that Sterling has much more underlying upside strength potential than EUR. We are now aware that the European Central Bank are prepared to act if
Welcome to my Fortnightly Market Update, which will give you insights into trading, education and tips for trading success. This week’s hot topic is about a concept that is often misunderstood – Passive Income – people often mistake a passive income, as only being a secondary income, it is however much more than that. If
Furthermore, let’s optimistically presume that the current rate of inflation stays at its current 4 year low of 1.7%, it would then actually take over 54 years for your salary to become double its value against the then current cost of living.
Welcome to my Mid-week Market Update, which will give you insights into trading, education and tips for trading success. This week’s update is about one of the most important concepts in trading success and also wealth creation in general – Compounding.
