Forex rebates on every trade - win or lose!

Scaremongering for political purposes imo MM.

ttt

Still yet to read this thread and Dil's pm.

Reuters quotes a Japanese government agency as saying a quake has struck eastern Japan. No word yet on intensity.

Be aware that heavy earthquake damage has led to JPY strength in the past. Japanese insurance companies park lots of cash in higher-yielding overseas assets and are sometimes forced to bring cash home if claims are large enough.

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Morning all.
According to the radio news, a three metre wave has hit one of the solomon islands.

Was it Stacey Solomon?

:o)

Who??!

tyketto: get with the zeitgeist!

Nah.
After doing a Google,I still don't see a reason to buy a telly.

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ttt

jeff, have you tried the virtual mt4 thingy?

ttt

ttt

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:o{

Pound faces a savage reaction if deficit cut too aggressively UBS warns

I did see that article this morning, Floss, but I also happen to think that the market actually wants the government to tackle the deficit sooner rather than later. The current situation is clearly unsustainable, and everybody knows that some savage cuts are necessary. There's no point in delaying the inevitable and there's too much uncertainty around at the moment, what with it being an election year.

I think that once any knee-jerk reaction has passed, the market will probably look towards the positives. And, even if I'm wrong and sterling does get slaughtered, we've got the Olympics 2 years out so just think of all those invisible exports from tourism that'll be beneficial to the economy.

And a weakened pound will, of course, boost attendance at the Olympics. But a lot of Americans will have to overcome their fear of being blown up.