ForexGen Latest News

ForexGen.com is an online trading service provider supplying a unique and individualized service to Forex traders worldwide.

British Pound Could Rise Even

British Pound Could Rise Even If the Bank of England Slashes RatesThe outlook for the British pound looks dim as the Bank of England is widely anticipated to follow up their October 8 and November 6 rate cuts with yet another aggressive reduction on Thursday morning. Currently, the markets are betting on a 100bp cut to 2.00%, which would bring the Bank Rate its lowest level since 1939. However,... [read more]

Risk Aversion Nearing an End?

Market turns occur at sentiment extremes and there is nothing more indicative of a sentiment extreme than a market story featured on a magazine cover. A few issues back, the Economist magazine cover read, "All You Need is Cash". This cover came in response to the across the board liquidation in assets / subsantial increase in value of cash (which is on the other side of every trade). The... [read more]


<<Home