Results for purchase
1 articles with this tag name
  • Bank of England Cuts 50bp Will Use 75B GBP To Buy Assets
    In a move that surprised no one Bank of England cuts rates by another 50bp to 0.5%. Additionally, in a first detailed communication to the market as to how it intends to pursue quantitative easing to help stimulate the moribund UK economy, the central bank announced that it will purchase up 75 Billion GBP of securities by using its own reserves.

TRADE IDEAS

  • Trades to Watch
  • Trades in Progress
currency trade idea
GBP/USD
Medium term



 Sell Sell at 1.5904
Stop at 1.5924
Target at 1.5874
currency trade idea
CAD/JPY
Long term
Opened 2/10/2012
 Buy Long from 77.6500
Stop at 76.65
Target at 78.9
GBP/CHF
Medium term
Opened 2/8/2012
 Sell Short from 1.4470
Stop at 1.4602
Target at 1.4352
AUD/CAD
Medium term
Opened 2/6/2012
 Buy Long from 1.0740
Stop at 1.0655
Target at 1.085
These are hypothetical trades and should not be relied upon as a substitute for independent research.

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