Fixed Odds Trading Strategy

We’ve seen a lot of data this week and the £ is struggling against most major currencies, except the US$.
The constant fears of recession and the lingering fallout from the sub prime credit crunch in the US means that their economy is in a worse state than the UK. Hence the £ holding it’s value [...]

The Week Ahead
Overall strategy: US recession fears will dominate in the short-term with confidence continuing to deteriorate. In this environment, there will be the risk of further selling pressure on the dollar and there will be an increased focus on G7 central banks to assess whether they will protest more forcefully against currency trends. [...]