Beware of robber banks (RB), bad advisors.
Der Trader All Time Pips: 52,970
There is a mildly negative feel to trading sentiment for the new trading week. Traders were a touch betwixt and between with how to respond to Friday’s payrolls report and although the US bond markets shut for Columbus Day today, which could have given rise to a subdued session today. However although bond markets have been key to driving market sentiment in recent sessions, away from the US, there are two major factors that are driving market moves today and set to push a stronger dollar by proxy. In China, after the lull of Golden Week, the People’s Bank of China has cut the reserve requirement ratio by 100 ... (full story)