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Trade Forex With City Index as Sterling is Hit in the UK Recession

LONDON April 26, 2012

Trading forex Britain

Double-Dip Recession Explained

Britain

This morning [Wednesday 25 April], data released by the Office for National Statistics showed that the GBP has shrunk unexpectedly from 0.2% between January and March this year, which followed a 0.3% contraction in the fourth quarter of 2011.

The term ‘recession’ itself defines two or more consecutive quarters of economic decline.

How to Trade Forex in the UK Recession

foreign exchange

$4 trillion

The act of ‘trading forex’ is to exchange one currency for another at an agreed exchange price, such as EUR/USD, USD/JPY and GBP/USD; some of the major currency pairs that traders choose to trade.

Trade Forex with City Index

Trading forex with City Index

Forex Trading Tip:

As a leveraged product, forex trading can result in losses greater than your initial deposit making it imperative that you fully understand the risks involved.

About City Index:

Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

financial spread betting with City Index

SOURCE City Index

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