Chart 3. UK Official Bank Rate (Red Line) versus US Fed Funds Rate (White Line) CLICK TO ENLARGE
Chart 3. UK Official Bank Rate (Red Line) versus US Fed Funds Rate (White Line) CLICK TO ENLARGE
About the author
Andy Richardson
Andy began his trading journey over 24 years ago while in graduate school, sparked by a Christmas gift of investing money and a book. From his first stock purchase to exploring advanced instruments like spread betting and CFDs, he has always sought to expand his understanding of the markets. After facing challenges with day trading and high-pressure strategies, Andy discovered that his strengths lie in swing and position trading. By focusing on longer-term market movements, he found a sustainable and disciplined approach. Through his website, Andy shares his experiences and insights, guiding others in navigating the complexities of spread betting, CFDs, and trading with a balanced mindset.