Spread Trading

Football Betting Spread By Philip White

The EUR extended gains vs. the USD yesterday after European Central Bank left interest rates unchanged at 4.0% as expected. Investors focused on the ECB President Trichet's comments where he stated that some governors at the bank would have supported a rate increase. The ECB President also added that the risk in financial markets is still evolving and is accompanied by continued uncertainty about the potential impact on the real economy. The EUR last traded 0.2% higher at $1.4627, after touching a session high of $1.4636.

Commodity Spread Trading (AXcess News) London - Trichet lowered his concern over interest rates following the European Central Bank (ECB) decision to leave interest rates unchanged. The euro fell against other major currencies following the news.

While the interest rate is widely expected to remain at 3.75%, markets are awaiting comments by ECB governor Trichet in the accompanying press conference.

Nfl Betting Spread The markets had anticipated that the ECB would not change interest rates, but were surprised after European Central Bank President Jean-Claude Trichet said thatthe markets were expectingaMay increase as well, but that the ECB did not share the sameview.

Today, there are no data expected for release in the US as most attention will be given to the G7 meeting in Germany this weekend. EUR Yesterday, the ECB decision to leave rates unchanged at 3.5% was anticipated and expected by the markets, yet the following statement made by Trichet mentioning a %trong vigilance% zone caused a EUR buying effect and raised concerns for a rate hike next month. However, the GBP fell significantly when the BOE left interest rates unchanged at 5.25% after some expectation for another interest hike that didn't occur at the end.

Advanced Commodity Spread The euro fell to $1.2241 after having reached a seven-month high against the dollar following Trichet's comments.

Today's Interest rate decision is expected to leave rates unchanged at 3.75% however even more important is the speech of ECB President Trichet, Zone and a further rise in the EUR interest rates in the near future. However, there is a possibility that the central bank President could also take a more dovish stance, USD is trading less than 1% time high.

Betting Exchange Spread Lower unemployment figures from the US Department of Commerce Thursday morning helped to push the dollar higher against the euro as well.

The European Central Bank decided to leave the interest rate unchanged at 3.75% yesterday, matching market expectations. Although the ECB Governor Trichet did not use the words %trong vigilance% in the press conference that followed the interest rate statement release he did mention that the bank will %'ery closely monitor% price developments and will act in a %irm and timely manner% Those careful tones convinced traders that the rate will most probably remain unchanged for next month as well.

Stock Spread Trading Against the Japanese Yen, the euro slid to 143.9 yen having earlier hit 144.90 yen, its highest since the single currency was launched on Jan. 1, 1999 for the third consecutive session.

Online Spread Betting Japan's Feb leading economic index remained strong at 80.0 versus 81.8 in January, suggesting continued forward momentum in the Japanese economy. The coincident index fell to 55.6 in Feb from 95.0 in Jan due to a temporary drop in industrial production.

Complete Guide Spread Trading The FTSEurofirst 300 index of leading European shares jumped 0.4 percent to 1,384.52, around a near five-year high, having been flat at 1,379.37 before the news conference.

Betting Horse Racing Spread In the U.S., the markets all opened lower as retail sales figures showed disappointing results. The Dow fell 30 points to 11,209.53. The S&P 500 index was off 2.75 points at 1,308.81 and the NASDAQ National Market was down 3.72 points at 2,356.03.

[ Comment, Edit or Article Submission ]