A look at three recent scams in a bit more detail to understand how these scams work and what we, as traders, can do to avoid them

Markets predicted that the Bank of England would keep rates on hold today, which they did. This leant temporary support for the GBP/USD but will also put further pressure on the beleaguered economy.

A raft of other US economic data released at the same time were more mixed. Initial and continuing jobless claims both increased, and inflation for final prices of goods and services came in much lower than expected.

Traders are advised to keep a close eye on data coming out of the US, as well as any forward-looking statements made by policymakers on both sides of the Atlantic