Sterling Digest: February 28, 2012
- faithmight
- February 28th, 2012

All economies will feel this rise in oil and gas prices
Little price action in sterling versus the USD, JPY, and CHF as those pairs ($GBPUSD, $EURGBP, $GBPCHF) moved in narrow ranges yesterday. However, sterling did see nice moves versus the commodity dollars in the $GBPCAD, $GBPAUD, and $GBPNZD as rising oil prices becomes the story of the market this week.
- GBP/USD 28 FEBRUARY 2012 (FX DAILY FORECAST)
- GBPUSD Update (50′s Blog)
- EURGBP Update (50′s Blog)
- GBPUSD Daily Ichimoku (Twitpic)
- UK to narrowly escape recession, European commission forecasts (The Guardian)
- Oil Prices – It’s What Everyone Is Talking About (EconoMonitor)
- Will LTRO2 Trigger SPR2? (AshrafLaidi.com) [QE for the oil markets?? Whoa.]
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Lydia Idem has been investing in equities for 16 years and trading currencies actively for 5 and a half years. Her trading style is simple and short term. With a special feel for sterling, Lydia trades almost exclusively the GBPUSD and EURGBP. You can follow Lydia on Twitter and StockTwits... (more) -
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