Spread Bets on Sterling

252048 Resource 133535 120646 120646 1267709524530 1267709524530 Controlled Bank of England Holds Steady, Sterling Gets Boost on Spot Forex Market

Spread bets and CFDs on the sterling in forex trading

Spread betting and contracts for differences on the spot forex market should consider that the Bank of England has held rates steady again. The rate remains at 0.50%. This is unsurprising, as many have expected the Bank of England to hold the course for now. Nevertheless, the <a href="http://www.fx360.com/commentary/boris/2932/boe-holds-stillpound-rallies.aspx?aid=5704" target="_blank" title="Bank of England, forex trading, spot forex market, U.S. dollar, spread bets, CFDs, spread betting, contracts for differences">sterling did get a brief boost</a> on the spot forex market after the announcement, even touching above the 1.5100 level. By now, though, those gains have been pared and the pound is slightly lower against the U.S. dollar in forex trading. Sterling is going to have trouble truly breaking out of its funk, with the fact that improvements in the British economy are slow in coming, and there are plenty of concerns about the level of government debt used to implement stimulus measures. 9 application/xml false Bank of England CFDs contracts for differences forex trading spot forex market spread bets spread betting U.S. dollar Spread Bets on Sterling Spread 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:1.9.1.8) Gecko/20100202 Firefox/3.5.8 GTB6 127.0.0.1 127.0.0.1 mmarquit 63.248.48.57 false true false false true 133535 blog blogsite/GFTUK/web