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The reverse the oil prices took yesterday as they declined after they increased on Friday, might have something to do with the recent Goldman Sachs report, according to Reuters, as GS advised to "lock-in trading profits before oil and other commodity markets reverse. The Canadian Dollar weakened headed into the late morning hours of the North American session following the Bank of Canada rate decision that suggested rates would remain low as a stronger Loonie has negatively impacted export growth. dragged on the British Pound during the European trade, and the sterling may continue to retrace the advance from earlier this month as interest rate expectations falter. A1:The FX market is unique, in the UK there is no central exchange, we trade via the inter bank more and more private individuals taking up margin trading and new forex brokers setting up, I can only see the market grow in the near future. Better for shorting - There are artificial controls built into the market to prevent it from going down too reason is that we live in a biased world that likes to see things go up instead of of these artificial contraptions is the "uptick rule," which comes into play when shorting stocks, making it more difficult to sell a stock short than to buy it. This is unheard of in the currency currencies short while day trading is just as easy as buying them.
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