Spread Bets on the Sterling in Forex Trading

244857 Resource 133535 120646 120646 1257515954135 1257515954135 Controlled Sterling Plunges in Forex Trading as U.S. Payroll Data is Released

Spread betting and contracts for differences on the spot forex market

Spread bets and CFDs on the sterling should consider that it is plunging right now. Even though the sterling had begun to consolidate a position earlier, <a href="http://www.fxstreet.com/news/forex-news/article.aspx?StoryId=8846f4aa-8180-4119-ba5c-2bd9e75709f4" target="_blank" title="sterling forex trading, forex trading, U.S. payroll data, spread betting, contracts for differences, spot forex market, spread bets, CFDs">it began losing steam</a> as economic news began to show that maybe U.S. employment data would be on the negative side. Indeed, the sterling could do little beyond consolidate on the spot forex market this morning, since <a href="item/244855" target="_blank" title="sterling forex trading, forex trading, U.S. payroll data, spread betting, contracts for differences, spot forex market, spread bets, CFDs">European markets were flat</a> earlier, awaiting U.S. news. Now that payroll data has been released, and the employment in the U.S. has exceeded 10%, the sterling is plunging in forex trading. Risk aversion is returning, and the U.S. dollar is ready to rally in forex trading as investors turn to it for safe haven status. And, when the U.S. stock market does open a little later, it is likely to do so at lower than 10,000. 9 application/xml false CFDs contracts for differences forex trading spot forex market spread bets spread betting sterling forex trading U.S. payroll data Spread Bets on the Sterling in Forex Trading Sprad betting on the spot forex market http://www.gftuk.com/land/index.asp?aid=53 Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.1.4) Gecko/20091016 Firefox/3.5.4 GTB5 127.0.0.1 127.0.0.1 mmarquit 63.248.48.57 false true false false true 133535 blog blogsite/GFTUK/web