Lookout Below! Falling Pound!--IFCN Wk 37 -Fri- Equity: $814.41 - forex leaning place

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The need to exchange currencies is the primary reason why the forex market is the largest, most liquid financial market in the world.

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Sunday, 24 August 2008

Lookout Below! Falling Pound!--IFCN Wk 37 -Fri- Equity: $814.41

I was quite surprised at the action of the British pound on Friday. I wasn't surprised at the pound falling after having a small correction, but plummeting to new lows for the move � putting in 2 year lows � was amazing! And the OneNightStand trade in the pound got triggered! After all the

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