Some currency pairs often move in correlation to each other, either in the same direction or in opposite directions. Correlated pairs include EUR/USD and GBP/USD, USD/CHF and USD/JPY, AUD/USD and GBP/USD, EUR/USD and NZD/USD...
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Mortgages in the UK with European Interest Rates?
Sometime ago I mentioned the following when discussing Euro mortgages. Which I repeat here, adapted for Euros as a few people were interested in the concept. It is a little long, but maybe of use to some… This answer is...
Spread Betting on Foreign Exchange
The currency trading market is the largest and most liquid trading market in the world with average daily turnover estimated at $3.98 trillion, according to the Bank for International Settlements. The currency trading market...
Currency Spread Betting Tips and Strategies
There are seven major world currencies. Apart from sterling (GBP), these consist of the US dollar (USD), the euro (EUR), the Japanese yen (JPY), the Swiss franc (CHF), the Canadian dollar (CAD) and the Australian dollar (AUD). To...
Exclusive Oanda and FXBoxOption Interview
OANDA discontinued its BoxOption product in August 2012 due to new regulations imposed under the Dodd-Frank Act in the United States and similar initiatives in other major financial centers. Since then, OANDA has not reintroduced...
The Great DIP (or shall we say crash) at OlsenInvest…
OANDA is the creation of Richard Olsen and Olsen Capital but we also know that Oanda manages forex accounts on behalf of investors… Here at Financial-Spread-Betting.com we have an open policy of saying things as they are...
A Day in the Life of Dr. Richard Olsen – Founder of Oanda
Chairman and CEO of Olsen, Dr. Richard Olsen holds a Licentiate in Law from the University of Zurich (1979), a Masters in Economics from Oxford University (1980) and a Ph.D. from the University of Zurich (1981). He worked in...
First Direct, The End of Free Banking?
First Direct (www.firstdirect.co.uk), the branchless bank, is going to start charging a monthly fee of £10 to some of its customers. The fee will apply to those paying less than £1,500 into their account each month or...
The Payday Loan Trap: Don’t Get Caught
Payday loan commercials tell you it’s quick and easy to borrow: you write a post-dated check and they give you cash on the spot. They hold the check, and don’t cash it until your next payday. The commercials...
Spread Betting on Shares: Good to Know
Michael Hewson, senior market analyst at CMC had this to say. ‘Stocks tend to come in two categories, defensive and cyclical. As a general rule defensive stocks are a lot more stable and less volatile which makes trading...