A series of coordinated central bank actions around the world has failed to stave off another collapse in equity markets with volatility spiking once again and several indices down more than 5% on the day. The Federal Reserve cut rates by 100bp on Sunday and promised further QE initiatives, it also suggested in its forward […]
Tag: Kit Juckes
The penultimate Accolade is upon us and again, when seeking to select the Analysis of the Year, there were plenty of contenders. Before we go through them I need to stress that all should be viewed through the prism of my trade of the year in the Crystal Ball feature in the January 2015 issue of Profit & Loss which managed to lose just the 10%!
If that sounds bad, at one stage it was actually almost 20% up – reason enough to reiterate the old adage of foreign exchange traders everywhere, “NEVER trade the Scandies”!