Dislikedthis must be negative for risk, i.e. GBP/USD as well...eur/chf also...Ignored
It really is a mixed picture.
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
Dislikedthis must be negative for risk, i.e. GBP/USD as well...eur/chf also...Ignored
DislikedOn the other hand, it will result in fewer loans and less growth in the business sectour and probably increased unemployment.
It really is a mixed picture.Ignored
DislikedUK problems start to mount
there is talk 'on the market' that it is quite a good probabil. to expand QE' so... sell gbp.Ignored
DislikedHey guys, you're both my buddies, what on earth are you doing fighting each other!!!
This old woman's going to come and get you if you're not careful, and I will find you
Now remember everyone's strategy, account size, personality, and everything else it takes to become a successful trader is DIFFERENT!
So it's best to embrace the differences, and fight the 'market' together, rather than one another. Not really worth fighting one another when they recently said on Bloomberg that over 4 trillion dollars is traded in the market EVERY DAY,...Ignored
DislikedUK problems start to mount
there is talk 'on the market' that it is quite a good probabil. to expand QE' so... sell gbp.Ignored
Dislikedthis must be negative for risk, i.e. GBP/USD as well...eur/chf also...Ignored
DislikedThis is not going to happen overnight, Basle III first needs to be ratified in November at the G20, then the banks will be given time to adjust to the new capital requirement, now rumoured to be at 7%, up from 4%. It only really matters to the EU banks, they need to raise the most, the UK and US are both meeting the new requirements. As a matter of fact the US and UK wanted to go for 10% but got voted down.
But yes Basle III will mainly hurt the EU.Ignored
Dislikedlol, better get a nice big chunk of trading profits put away to get a nice start ha ha , got started digging sugar beets last week so fall has begun here cheers and good pipping to all AttachmentIgnored
DislikedYeah, just read the report, will definately slow growth and create the need for more QE as the economies ground to a halt...
Like you said though, it will have a longer term impact seeing as they have been given a couple of years to implement...
With Risk on this week (My Thoughts) I would expect Euro to finally drop below 1.2600 and cable to break 1.5330 and continue down...
Not really too worried about the larger picture, I'm gonna ride her both ways. This is my 4th week live and need a positive week to give me my 1st positive month! ...Ignored
DislikedDetails are coming out slowly, Basel III will go in effect Jan 2013, with 0.5% increment per year.
With this agreement in place we could actually see more risk appetite as the banks need to start looking for revenue elsewhere to make up the shortfall in their loanbook.Ignored
DislikedAah, so you reckon they will be doing more investing to try and make money? well, whatever happens it'll have to wait till 2moro morning...
I didn't sleep alot last night as we had our 1st match and obviously had to be ridiculous afterwards
See you all at LO!Ignored
DislikedYeah, just read the report, will definately slow growth and create the need for more QE as the economies ground to a halt...
Like you said though, it will have a longer term impact seeing as they have been given a couple of years to implement...
With Risk on this week (My Thoughts) I would expect Euro to finally drop below 1.2600 and cable to break 1.5330 and continue down...
Not really too worried about the larger picture, I'm gonna ride her both ways. This is my 4th week live and need a positive week to give me my 1st positive month! ...Ignored