US ($) Currency Thread 1 (closed - use thread 2)

inspector_monkfish

:rotfl: having fun chaps ??

jonathanrichardson69

what just happened on the FTSE? it just took a massive nose dive

inspector_monkfish

jonathanrichardson69 wrote: »

what just happened on the FTSE? it just took a massive nose dive

eeerrrmmm... there were more sellers than buyers.......

jonathanrichardson69

sarcastic b*****d. i'm new to this, i just see the red line drop drastically and it looks bad. lol

whatusername

inspector_monkfish wrote: »

don't get too excited
its back below 1.41 now
i told you its going to be volatile today !!

trading at 1.4080 at mom

Volatile to say the least, if it stays above 1.40 it's a result i reckon.

neilbond007

i would have thought news like this would have a positive effect?

Worst job losses 'over by Easter'

The worst of the jobs "cull" which has seen unemployment approach two million could be over by Easter, according to a new analysis of redundancies.
A study of job losses in the UK and the United States shows recession-related cuts of similar magnitude, although the downturn was said to be three months later in this country.
The Chartered Institute of Personnel and Development (CIPD) said one in three US employers axed jobs in the final three months of 2008, similar to the number of firms in the UK planning cuts in the first quarter of 2009.
Research in the US suggests slightly fewer jobs will be lost in the first three months of 2009, which might indicate that the worst of the losses in this country could be over by Easter, said the report.
CIPD policy adviser Gerwyn Davies said: "Our comparison of the US and UK studies highlights a marked degree of transatlantic trauma affecting the jobs market.
"In proportionate terms the 2.6 million jobs lost to the US economy in 2008 is in line with the CIPD's expectation that the UK economy will shed at least 600,000 in 2009.
"Judging by the similarity of experience in both countries there is clearly some way to go before the jobs fallout from the recession comes to an end in either country.
"It seems a foregone conclusion that the news on jobs will get worse before it gets better."

inspector_monkfish

jonathanrichardson69 wrote: »

sarcastic b*****d. i'm new to this, i just see the red line drop drastically and it looks bad. lol

hehehe sorry !! :beer:

i found this info, hope it helps.....




10:00 03Mar09 UK Summary: FTSE -0.5%; Bank Stocks Rattle Fragile Market

MARKET NEWS:

FTSE 100 3609.35 -16.48 -0.45%
FTSE 250 5893.14 +32.68 +0.56%

London Stocks Flat; Banks Rattle Nerves

0947 GMT [Dow Jones] FTSE 100 flat, falling and unable to sustain the upward momentum at the start of the session. Any gains were looking fragile, says one trader, while another adds that HSBC's share price slump Monday is still rattling the market and bank stocks in particular. Barclays shares -5.5% on concerns surrounding credit card defaults. But Standard Chartered +5.1%, leading gainers after posting a 17% increase in '08 net profit. There is plenty of data out of the US later Tuesday including retail chain store sales at 1245 GMT and Redbook
Research at 1355 GMT.

jackieblack

whatusername wrote: »

Volatile to say the least, if it stays above 1.40 it's a result i reckon.

:eek: :eek: :eek:

inspector_monkfish

cable falling to 1.4055

inspector_monkfish

here we go, the rollercoaster has turned upwards again, bouncing off the low of 1.4035 and back up to 1.4070