THE TIPSTER October 25, 2011 IN RECENT days, dollar weakness has set in, allowing cable to recapture the $1.6000 level. But the gains to here seem to have come up against some resistance and volatility meaning the rally to this six week high could be coming to an end. Sellers crept into cable expecting that this trend would soon be [...]
FOREX ANALYST PICKS October 25, 2011 FOREX STRATEGIST JOHN KICKLIGHTER My pick: Short sterling-yen, Aussie dollar-dollar and dollar-Canadian dollar Expertise: Fundamental analysis with risk management Average time frame of trades: 1 day to 1 week The markets are at a crossroads. Risk appetite is pushing higher; but conviction is notably absent. Either risk trends will reverse or the markets will capitulate [...]
Bearish Aussie avoided by pandering to China October 25, 2011 THE Australian dollar has been trading around its six-week high this week, receiving a boost from encouraging data coming out of China – a country upon which its economy relies on heavily. At the same time, it has benefited from a strong commodity market. The Aussie dollar was trending around the $1.0400 area yesterday, but [...]
THREE STEPS FOR TRADING A BREAKOUT October 25, 2011 THE first step in trading a breakout is identifying support and resistance levels. These levels are identified by looking at the high and low of market price action over a specific time frame; intraday, daily, weekly, monthly or annually. A breakout occurs when the price of a currency moves above support or below resistance. A [...]
A high-speed slice of pure heaven October 25, 2011 THE Porsche I’m driving has no air conditioning and no audio system. The last time I drove a car without HVAC and an audio system was in 1987, and it was a Mini built 15 years earlier. It didn’t usually manage to go very far and certainly not anywhere fast. Which isn’t the case with [...]
CAR TALK October 25, 2011 ORDER NOW: VW’S NEW BEETLE The order books have opened for VW’s new Beetle. Two engines will be available at launch: a 1.2-litre TSI 105 PS (47.9mpg, 137g/km CO2) and a 1.4-litre 160 PS TSI (42.8mpg, 153g/km CO2). Three others – a 1.6-litre diesel, 2.0-litre diesel and 2.0-litre petrol – will join later in 2012. [...]
How to look good cycling October 25, 2011 THERE used to be three choices when it came to City bike-wear: highlighter neon, racing Lycra or crumpled suit with sweat patches. But bike fashion has evolved. And with many more of us cycling to work, thanks to Boris bikes and increasing take up of corporate bike schemes, there’s demand for kit that actually looks [...]
HOW TO GET DRESSED October 25, 2011 FOUNDERS OF ROUS ILAND MEMBERS’ BOUTIQUE Q.I’ve got a million invitations piling up on my mantelpiece! What are the trends I should pay attention to for this season’s party wardrobe? A.Flesh-baring is strictly reserved for the summer; stay chic (and warm) by covering up. Long fitted sleeves and higher necklines are given a glamorous update [...]
FIVE MINUTES WITH JONATHAN SAUNDERS | BY HELENA LEE October 25, 2011 Jonathan Saunders, the Scottish fashion designer, and Grey Goose vodka have teamed up to help raise money for the Elton John AIDS foundation. The designer, who has previously worked with Alexander McQueen, Christian Lacroix and Phoebe Philo at Chloe, has created outfits for staff at the Grey Goose Winter Ball, which is on Saturday. Saunders [...]
It’s a cracker: Balotelli face of firework safety drive October 24, 2011 MANCHESTER CITY have delighted in confounding expectations this season but last night sprung a surprise equal even to their 6-1 demolition of Manchester United when they unveiled Mario Balotelli as the face of a firework safety campaign. Striker Balotelli, no stranger to controversy throughout his short career, was forced to flee his Cheshire home in [...]
