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Previously on "Oil < $50 a Barrel. The Dirty Spekulant thread"
According to the report below the price of oil could tumble to as low as $40 (£26.39) a barrel and take several years to recover, experts have claimed.
According to the report below the price of oil could tumble to as low as $40 (£26.39) a barrel and take several years to recover, experts have claimed.
I wasn't on about anything other than how to make a few bucks on sterling. Today. Based on an interest rate decision.
How the flying **** did you read me taking up a long term position?
What on earth are you blathering about? The BoE decision today was a complete non-event. Anything other than what actually happened would've been a shock of epic proportions. Consequently, Cable is unchanged today, and it was unchanged immediately after the decision. Where is your profit exactly? And don't start talking about intraday variability, because none of that was driven by the BoE decision.
Everyone and his cat is long dollars at the moment, including on the Cable pair. If your position is contrarian, good luck, but the BoE is a long way off raising rates, and the Fed is that bit closer (plus the US economy is doing much better, despite the "best in the G7" hyperbole from Gideon).
I wasn't on about anything other than how to make a few bucks on sterling. Today. Based on an interest rate decision.
How the flying **** did you read me taking up a long term position?
Everyone and his cat is long dollars at the moment, including on the Cable pair. If your position is contrarian, good luck, but the BoE is a long way off raising rates, and the Fed is that bit closer (plus the US economy is doing much better, despite the "best in the G7" hyperbole from Gideon).
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