Big news for this week!

New launch of Mobile app for Binaries (see below).

Below are some announcements that may impact the markets next week:

Market News

In the UK all eyes are firmly resting on the Scottish independence vote next week.  The pound suffered its worst month for over a year with commentators anticipating a 5 - 10% fall in the currency if a YES vote materialises.  With GBPUSD around $1.6240 at the time of writing, it's possible that a YES vote may drive the market down to $1.55 the following day.  Either way, there is going to be volatility!

The US dollar has strengthened this week against the Yen and other Asian currencies as the Fed looks to bring forward its timetable to raise interest rates.  Speculators are looking at a 0.5% increase by August of next year.  Both the Yen and the Euro are being pushed lower still by the anticipation of more stimulus from the Bank of Japan and ECB.

HIROSE News

We are excited to give you news that we shall shortly be launching our new Binary platform for mobiles!  So, wherever you happen to be the markets will be with you. 

With GBPUSD volatility likely to increase around the Independence vote it may be worth taking a look at the BINARY platform (same log in details if you have a MT4 account).  This may allow you to protect existing positions over short time periods as well as getting exposure to the market with limited downside.

Trading strategies for Binaries can be found here:

　http://hiroseuk.com/landing/lionbo_guide/    

Happy trading!

The Hirose UK Team