
Asian stock markets sold off last night following poor corporate news, this am saw UK GDP contract more than expected which has fuelled fears of a global recesssion and the FTSE and European Bourses have followed Asia and are 5% lower.
Consequently this mornings action in the FX market was brisk with GBP, EUR and JPY all falling sharply about 09:12 and the AUD and CHF following about 15m later.
If the signals were traded today, and you would have had to be nimble to get all the positions on, a total net profit of 372 pips was available.
Consequently this mornings action in the FX market was brisk with GBP, EUR and JPY all falling sharply about 09:12 and the AUD and CHF following about 15m later.
If the signals were traded today, and you would have had to be nimble to get all the positions on, a total net profit of 372 pips was available.