Financial Times Stock Exchange 100 Reaches a Fifteen Year High

Financial Times Stock Exchange 100 Reaches a Fifteen Year High
May 16, 2014

The huge growth of the FTSE 100 is not down to luck alone. It would appear that the tight monetary controls put into place by the UK’s Chancellor of the Exchequer is beginning to bear fruit. House prices are also beginning to show an increase in recent months. It seems that Great Britain is one of the few members of the European Union whose tight fiscal policy appears to be working!

There have been huge profits made thanks to many savvy Binary Options traders investing in the growth of the popular index. The value of many FTSE 100 companies has grown by as much as a total of 21 points in recent weeks. The value of the Index has now surpassed a value of 6873, a value that was last seen almost 15 years ago. The strength of the index would suggest that the UK is on the road to recovery. Many industry experts predict that the smart money would be in investing in currencies paired with GBP in both Binary Options and Forex trading.

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Disclaimer: Any financial trading analysis offered here is our opinion and is not intended as advice or direction for investors. We cannot guarantee the success of any trades made as a consequence of this article, and we encourage traders to incorporate a strong money management strategy to limit losses when they enter the markets. Please use this article as part of your own research before formulating strategies prior to trading.

Andrew Wright

Prior to founding tradersasset.com in 2014, Andrew worked as a proprietary trader, then as a market maker. As a market maker, he traded options in over 100 stocks, he then began trading currency pairs in 2013. Andrew still actively trades both, and prides himself on educating and informing traders on the benefits of both Binary Options and Forex.


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