Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Pound Sterling Forecast (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Pound to start falling?? Currency Forecast – USD Interest Rate Rise ( Andrew Bromley )

% of readers think this story is Fact. Add your two cents.


Today has been marked as the start of the build up to the General Election, as MPs were released from parliament and ceased to be MPs. UK Parliament has be adjourned for the UK General Election and based on former currency activity during these periods – expect a rocky time! With this in mind the overwhelming thought for anyone buying a currency with Sterling should be to take advantage now. The recent ascent to the 1.40s has been a bit of a curveball, potentially taking a bit of the sweetness out of the current high levels. I’d definitely be inclined to take the 10 Cent gain from January (if buying Euros), rather than gambling to try for say 1.40. I personally don’t feel that we’ll see 1.40 again for a fair while, perhaps not until 2016 when the UK should be in a position to raise Interest rates.

This week is also very busy for GBP USD traders, as the week is shrunk to only 4 trading days. That being said the US releases its key Nonfarm Payroll data on Friday (bank holiday!) which will be a vital clue to the dates of the US interest rate increase. The US Federal Reserve will no doubt be the first financial institution to raise rates with investors all over the world hanging on their decision. Speculation is shared between a hike in July and September. Neither can be ruled out and a strong Nonfarm figure on Friday could indicate sooner rather than later!

I wouldn’t be surprised to see a push towards 1.45 with improved figures on Friday. Therefore make sure you have you position in the market safe to avoid losing money!!

If you have an exchange requirement feel free to get in touch to discuss. The direct line to me (Andrew Bromley) on the dealing floor is 01494 787 478. Alternatively drop me an email to [email protected]


Source: http://www.poundsterlingforecast.com/2015/03/30/pound-to-start-falling-currency-forecast-usd-interest-rate-rise-andrew-bromley/


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.


LION'S MANE PRODUCT


Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules


Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.



Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.


Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Total 1 comment
    • Ahmed

      This might be the scenario but too tough to exactly predict this and if we just go by predictions then it can be tough to maintain consistency, hence I believe doing things which I am sure about. I usually do scalping and for that I don’t watch long term trend but just follow midways and thanks to OctaFX with their cTrader platform where I get up to date system so it helps me analysis things better and that shows in performance too.

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.