Mtl JP 23:55 GMT June 21, 2016
BREAKING NEWS
john 21:24 - all it takes is a couple hundred bux worth of UPS to mitigate a lightening strike/power outage.
dc CB 23:11 GMT June 21, 2016
BREAKING NEWS
None of the NUZ reports tonite have mentioned that Janet wore White.
What a waste of a fashion statement.
totally IGNORED
GVI Trading Room john 21:24 GMT June 21, 2016
BREAKING NEWS
Sorry late on API. I lost power and my internet for a couple of hours during a violent thunderstorm. That was the second violent storm today.
GVI Trading Room john 21:13 GMT June 21, 2016
Wednesday Trading
Market Sentiment Indicators
Brexit issue fades?
20-day avg 1.1257
Pivot Point 1.1284
The Fed Funds Market Sentiment Indicator reflects current sentiment about a future change in Fed policy. Odds for one rate hike by yearend are 61% from 75% late Monday. Tuesday, Fed Chair Yellen continued to signal that Fed policy is on hold.
GVI Trading Room john 21:04 GMT June 21, 2016
Wednesday Trading
Reply
WEEKLY HIGH IMPACT NEWS:
22-Jun WEDNESDAY
12:30 CA- Retail Sales
14:00 US- Existing Homes Sales
14:00 US- Yellen Testimony
14:30 US- Crude Oil
23-Jun THURSDAY
All Day flash PMIs
24-Jun FRIDAY
08:00 DE- IFO Survey
14:00 US- prelim Univ of Mich
Trading Themes --
- Fed Chair Yellen in her Semiannual Monetary Policy Report to the Congress made a subtle change in her outlook. She said �Proceeding cautiously in raising the federal funds rate will allow us to keep the monetary support to economic growth in place while we assess whether growth is returning to a moderate pace, whether the labor market will strengthen further, and whether inflation will continue to make progress toward our 2 percent objective�. in other words, she said the FOMC is waiting to see "whether", not "when" to change rates. The Fed has moved back to a cautious policy posture from an aggressive tightening view.
- Chair Yellen will do round two of her testimony Wednesday before the House rather than the Senate. I don't see the Chair needing to "clarify" anything she said on Tuesday. Yellen's prepared text will not change and she will face a long list of questioners.
- The German ZEW survey was surprisingly stronger than street estimates. The U.K. Brexit vote is Thursday. The first set of results are expected early Friday morning local time in the U.K. The key German IFo Survey and global Flash PMI data for June are slated for Friday.
- Late polls are showing the vote at a dead heat. Many political experts have been expecting last minute deciders to favor "Stay". The conventional wisdom is that a heavy turnout tends to favor the "stay" side.
John M. Bland, MBA
co-founder Global-View.com
dc CB 20:46 GMT June 21, 2016
CURRENT CONDITIONS: Mixed Markets
JULY 4th DRIVE BABY DRIVE to the moon alice....Oil Traders Make the Month/Quarter/Half......60 baby 60
API ----UFF DA
Draw -5.224MM
Gasoline -1.472MM
Distillate -1.699MM
Cushing -1.311MM
dc CB 20:39 GMT June 21, 2016
BREXIT
Jose Canseco @JoseCanseco
Make no mistake Brexit will crater the UK into recession and the pound will do a 25% faceplant. Capital will flee like its pants are on fire
3:46 PM - 21 Jun 2016
Retired MLB player Jose Canseco can still crush the ball, in case anybody forgot about his slugging power.
A video has been circulating the web showing the former New York Yankee sending baseballs to the moon at a minor league game in Frisco, Texas
Arguably even more important is the fact that his daughter Josie is also a rising superstar in the entertainment world.
Vote Remain
Kaunas DP 19:33 GMT June 21, 2016
buy gbp/usd
Reply
Buy GBPUSD
Entry: 1.4655 Target: 1.4766 Stop: 1.46
longed
dc CB 17:11 GMT June 21, 2016
YELLEN
gee last week .....
dc CB 17:04 GMT June 21, 2016
YELLEN
5Y Auction 1.218%; WI 1.205%
PAR 17:02 GMT June 21, 2016
BREXIT
Reply
Easiest way to get rid of Cameron is to vote for a Brexit .
dc CB 16:51 GMT June 21, 2016
YELLEN
a little over 10mins to find out if Janet Yellen SOLD winning 5Y Auction ...by wearing white
JEddah Abb 16:32 GMT June 21, 2016
.
Reply
What time Gmt tomorrow Brexil.?
SaaR KaL 16:18 GMT June 21, 2016
EURUSD Still bearish to do a 3 rd hit
Reply
I think for next 3-6 months
Visiting avg 1.08 and lower
Very likely 1.05 for the last time
Then Very bullish for 1.50 +
I think AUDUSD and NZDUSD are already on the way north for a long time
GBPAUD GBPNZD and GBPCHF very bearish for years IMO
dc CB 16:14 GMT June 21, 2016
YELLEN - BREXIT
can U imagine that ticket; HRC and Liz Warren.....Diversity---2 middle-aged Blondes. But sooooooooo Tuff tuff tuff on those Bankers.
dc CB 15:44 GMT June 21, 2016
YELLEN - BREXIT
ruh ro
potential VP candidate Eliz Warren, asks the same questions she's been asking since the Bernanke days. Bank's reserves
Fed Reserve Banks NEED DIVERSITY....woo woo woo she want's that VP slot.
dc CB 15:41 GMT June 21, 2016
YELLEN - BREXIT
Yellen Confirms Fed Has "Legal Basis" To Pursue Negative Rates
but if you ask to see it Senator, I'll have to get back to on that....like NEVER hahahahahaha.
PAR 15:36 GMT June 21, 2016
YELLEN - BREXIT
Reply
Yellen does not exclude Brexit could lead to US recession , probablity quiet low .
HK Kevin 15:35 GMT June 21, 2016
gbp
hk ab, 1.4620 will be seen the next hour.
GVI Forex Blog 15:35 GMT June 21, 2016
GVI Data Calendar for 22 June 2016
Reply
June 21, 2016 (global-view.com) UPCOMING DATA HIGHLIGHTS for Wednesday, June 22, 2016. Trading News Calendar
- Far East: JP- BOJ Minutes
- Europe: No Major Data
- North America: CA- Retail Sales, US- Existing Homes Sales, Yellen Testimony, Crude, 7-yr Auction
WEEKLY HIGH IMPACT NEWS:
22-Jun WEDNESDAY
12:30 CA- Retail Sales
14:00 US- Existing Homes Sales
14:00 US- Yellen Testimony
14:30 US- Crude Oil
23-Jun THURSDAY
All Day flash PMIs
24-Jun FRIDAY
08:00 DE- IFO Survey
14:00 US- prelim Univ of Mich <br)
GVI Data Calendar for 22 June 2016
hk ab 15:32 GMT June 21, 2016
gbp
Reply
I don't know if it's a good enough "indicator", but the mass media are all orchestrating Brexits............
HK Kwun 15:31 GMT June 21, 2016
Sell after break 1277
Sell Gold
Entry: 1274 Target: Stop: 1284
why sell gold becuase no more Brexit, stock markets are rising, JPY is falling, these all factors telling no more risk off, just add sell more when it rise.
hk ab 14:58 GMT June 21, 2016
gold
Reply
those "sure", "100%" indicator pops up again.....
HK Kwun 14:46 GMT June 21, 2016
Sell after break 1277
Sell Gold
Entry: 1274 Target: Stop: 1284
see this sure win trade
hk ab 14:44 GMT June 21, 2016
gbp
Reply
Let the one bring 1.4235 back.......
Maybe a sacrifice for the Brexit camp may help.....
dc CB 14:28 GMT June 21, 2016
YELLEN
1st quest...credibility????????? of your projections.
We're working hard to replace that Augury that got herself arrested. We've also decided to ditch the chickens.
PAR 14:24 GMT June 21, 2016
YELLEN
She is also wearing BLACK . A real two handed economist .
dc CB 14:16 GMT June 21, 2016
YELLEN
OMG ......she's wearing WHITE!
Senate
PAR 14:12 GMT June 21, 2016
EUROPE RUSSIA
Reply
French President Fran�ois Hollande called for European economic sanctions on Russia to remain in place while the peace process in eastern Ukraine is unfinished, lending momentum to renew the measures when they expire at the end of July.
Stupidity squared . What did you expect !
hk ab 14:12 GMT June 21, 2016
gbp
Reply
short exited with some tea money.
LONDON SFH 14:11 GMT June 21, 2016
GBPUSD
nh
Yeah its all a bit one sided I feel
Livingston nh 14:05 GMT June 21, 2016
GBPUSD
Any significant upside to POUND if Remain wins? Seems all the price action is based on Brexit
dc CB 14:04 GMT June 21, 2016
YELLEN
YELLEN REITERATES FOMC EXPECTS TO RAISE RATES GRADUALLY.
Jkt Abel 13:54 GMT June 21, 2016
latest poll
As with everything in the world, you just have to follow the money. There's got to be the same reason why Beckham and Soros are in the remain camp. They must be worried about their over exposure in UK assets going down with Brexit.
PAR 13:54 GMT June 21, 2016
Did Beckman had to be paid to fart his "REMAIN" credo?
Will Victoria also make a statement to get more women to stay .
What about the opinion of Kim Kardashian . Maybe she can post some pictures in support of REMAIN .
How crazy can everybody get .
hk ab 13:52 GMT June 21, 2016
gbp
Reply
finally someone gives up some.......
Maybe going to the "ONE" magnetic level....
hk ab 13:50 GMT June 21, 2016
e/j
Reply
2nd entry 11760
hk ab 13:45 GMT June 21, 2016
e/j
Reply
come on.... I need more low entries..... That's it?
hk ab 13:41 GMT June 21, 2016
e/j
Reply
DRAGHI is the real santa clause to send e/j to lower loading zones again....
Big a bit more this time 117.70.
LONDON SFH 13:30 GMT June 21, 2016
??
Reply
*VISIUM HEDGE FUND MANAGER SANJAY VALVANI FOUND DEAD: DOW JONES
HK RF@ 13:18 GMT June 21, 2016
Euro says: Brexit!!! Why are you dropping baby?
Reply
After the referendum, we shall see, how and who cooked the polls to fool the people.
Big timers; Banks and industrial capitalist are the chefs of REMAIN.
But the masses will vote leave!!! 70/30!!!!!!!!!!
PAR 13:16 GMT June 21, 2016
Today chef's choice; Mixed polls salad:(
Prices of vegetables in Europe to rise sharply after extreme rainfall . This could help Draghi achieve his 2% target .
Good for Draghi , bad for Herr Fritz .
dc CB 13:11 GMT June 21, 2016
Today chef's choice; Mixed polls salad:(
DRAGHI: WITHOUT STIMULUS, GROWTH/INFLATION WOULD BE MUCH LOWER
DRAGHI: INFLA EXPECTED TO HOVER AT LOW LEVELS IN COMING MONTHS
shouldn't they keep this guy under wraps until after the vote. he's not exactly a great spokesman for the success of the EU.
VOTE TO REMAIN under this wanker's thumb!
Jkt Abel 13:04 GMT June 21, 2016
latest poll
Right this circus proves that currency is not reflecting economy anymore but just poll's play
HK RF@ 13:00 GMT June 21, 2016
Today chef's choice; Mixed polls salad:(
Reply
The YouGov survey, for The Times, found Leave was slightly ahead at this late stage of the race scoring 44 per cent to Remain's 42 per cent.
But an ORB poll for the Telegraph - focused only on those who say they will definitely turn out on Thursday - found Remain ahead by 6 per cent, scoring 53 per cent to 46 per cent.
Read more: http://www.dailymail.co.uk/news/article-3652091/A-divided-nation-two-days-one-poll-shows-Brexit-two-points-ahead-gives-Remain-advantage-data-reveals-deep-splits-young-old-north-south.html#ixzz4CDbKgPAP
Follow us: @MailOnline on Twitter - DailyMail on Facebook
LONDON SFH 12:54 GMT June 21, 2016
latest poll
Only one point in it eh? Maybe they will bump off another MP?
LONDON SFH 12:34 GMT June 21, 2016
latest poll
Reply
*U.K. POLL ON EU SHOWS REMAIN 45%, LEAVE 44%: IG/SURVATION
PAR 12:12 GMT June 21, 2016
YELLEN
Reply
After Brexit , Yellen may start to look at the Spanish election which could bring extreme left PODEMOS to power .
South of Europe seems to becoming extreme left . Greece, Italy , Spain , France .
After Brexit ,a dual Europe .
GVI Trading Room Jay Meisler 11:23 GMT June 21, 2016
Brexit Central
Reply
We are opening our GVI Trading Room to everyone to cover the period through the Brexit results. If you want access, send me an EMAIL
London AzaForex 11:12 GMT June 21, 2016
Day trading strategies on USDCHF by AzaForex
Reply
Sell USDCHF
Entry: 0.9570 Target: 0.9490 Stop:
Day trading strategies on the currency pair USDCHF 21-06-2016 by AzaForex forex broker
Dabble in foreign exchange and increase your funds with this advice.
The dollar can not do anything against the Swiss franc for several days. The currency pair is marking time and three times already bounced from the support level. But now in the Forex market it is seen that the bears are back bend the line and lower the price to this level. Typically, these chart patterns of currencies to end the breakthrough level. Given that the trend itself downward, it is permitted a slight movement in them after breaking through the support. Thus after the price will reach and pass 0.9570 we open a short position.
The price is below a simple moving average 200 MA and 20 MA indicating bearish trend.
The MACD trend indicator is below zero level now, indicating bearish movement.
If the support level is broken you can use the following recommendation:
� Chart timeframe: H4
� The trade recommendation: Sell
� The level of entry into short position 0.9570
� The level of profit and close the position: 0.9490 (80 pips)
Beirut JH 11:10 GMT June 21, 2016
GBPUSD
Break to 1.4820's
Mtl JP 11:07 GMT June 21, 2016
BREXIT
1) From Obama to Tusk with Goldman Sach and JPM is NOT "everybody"
2) re "brokers are raisng margins" reminder:
a) you are not obligated to trade
b) you could increase the cash in your account
c) you could trade without sl if your trade ultra-tiny vs your account's cash.
I would be surprised IF you do not know some of these elementary basics.
KL KL 10:59 GMT June 21, 2016
Eurozone Bonds
But Posh voted to Exit...so its all over for Bremain....
Also Mr Bean Voted to Exit ....
and so did the Queen....
and ...Wow the list to exit is growing!!
PAR 10:58 GMT June 21, 2016
BREXIT
Reply
Looks like everybody wants Britain to stay in Europe . From Obama to Tusk with Goldman Sach and JPM sponsoring the remain camp .
Forex brokers are raisng margins on all positions and expect to make huge amounts on stop loss orders .
The rich will get richer .
GVI Trading Room john 10:38 GMT June 21, 2016
Tuesday Trading
? expresses uncertainty if Brexit will continue to fade. We won't know until the end of the week.
Mtl JP 10:34 GMT June 21, 2016
Tuesday Trading
john 10:09 does the "?" after Brexit fading as an issue indicate lack of confidence in "all indicators" ? Maybe it should. Just got additional dealer's e-mail, warning of expectations of market volatility. Amongst, a bunch of leverage changes also says he "will be also be reducing leverage to 1:33 for all XAUUSD positions."
-
ps - reminder: the vote begins at 2:00am ET on Thursday, June 23, with polls scheduled to close at 5:00pm ET. Good idea of the result should be available between 10:00pm ET and 12:00am ET.
LONDON SFH 10:25 GMT June 21, 2016
Eurozone Bonds
Beckham has voted to Remain so its all over
PAR 10:11 GMT June 21, 2016
Eurozone Bonds
Reply
Eurozone bonds plunge as Brexit anxiety wanes .
GVI Trading Room john 10:09 GMT June 21, 2016
Tuesday Trading
Market Sentiment Indicators
Brexit fading as an issue? all indicators point to higher EURUSD.
20-day avg 1.1253
Pivot Point 1.1325
The Fed Funds Market Sentiment Indicator reflects current sentiment about a future change in Fed policy. Odds for one rate hike by yearend are 61% from 75% late Friday. It is surprising how the Brexit impacts the outlook for Fed policy for the end of the year.
hk ab 10:08 GMT June 21, 2016
gbp
Reply
I will help the "ONLY" one by selling 1 more time at 1.4760
Mtl JP 09:47 GMT June 21, 2016
Soros's view on Brexit
SFH 08:10 who is "he" ?
-
I am with John Cleese: �I think the City can launder money even better outside the EU.�
nw kw 09:43 GMT June 21, 2016
cable
im on xaggbp descending you see support yet and if market needs orders,fast or hold hear 11.78
LONDON SFH 09:38 GMT June 21, 2016
cable
Reply
Fwiw I think cable too strong here at 1.4770-believe that we go to polls on Thursday with a 1.45 handle...
Haifa ac 09:36 GMT June 21, 2016
where is the One?
rumors "the one" has now joined JUAN (valdez)
Jeddah Abb 09:31 GMT June 21, 2016
..
Reply
Sell
Entry: Target: Stop:
I think eurusd mostly down with eurgbp around 0.763
SaaR KaL 09:26 GMT June 21, 2016
GTC Orders
Reply
Placed Shorts GBPAUD
2.0095 1.8776
2.0259 1.8612
GBPCHF Shorts
1.4402 1.3382
1.4529 1.3255
GBPNZD shorts
2.1107 1.9561
2.1300 1.9367
nw kw 09:08 GMT June 21, 2016
YELLEN
she sends flow to commodity holders, why not get to 2% dream target cad at 2%, usa carry reload than again.
Belgrade Knez 09:06 GMT June 21, 2016
GBPUSD
Reply
GBPUSD at yearly high at 1.47683 .... break or turn level?
GVI Trading Room john 09:01 GMT June 21, 2016
BREAKING NEWS
ZEW stronger than expected.
PAR 09:00 GMT June 21, 2016
YELLEN
Reply
Now its up to Yellen . Why I cannot raise rates .
1. It is bad for the FED s balance sheet . Fed may suffer losses on the bonds it holds .
2 . It will hurt the US economy as it will make paying interest on the gigantic and ever growing US debt more expensive ( Remember there is no debt ceiling ).
3. I want to help Hilary .
4. I am afraid of China
5. I am afraid of Europe
6. I am always afraid of everything
LONDON SFH 08:42 GMT June 21, 2016
What happens if we remain,,,
Reply
{http://www.independent.co.uk/voices/eu-referendum-brexit-win-or-lose-what-will-happen-to-david-cameron-conservative-party-a7091226.html}
LONDON SFH 08:33 GMT June 21, 2016
BREAKING NEWS
PAR 08:19 GMT 06/21/2016
... Well he still only has 1 vote on the council
PAR 08:19 GMT June 21, 2016
BREAKING NEWS
ECB can not be stopped by court . BBK may only participate if limits to OMT .
Basically Draghi can do " WHATEVER HE WANTS " .
GVI Trading Room john 08:19 GMT June 21, 2016
Tuesday Trading
WEEKLY HIGH IMPACT NEWS:
21-Jun TUESDAY
09:00 DE- ZEW Survey
14:00 US- Yellen Testimony
22-Jun WEDNESDAY
12:30 CA- Retail Sales
14:00 US- Existing Homes Sales
14:00 US- Yellen Testimony
14:30 US- Crude Oil
23-Jun THURSDAY
All Day flash PMIs
24-Jun FRIDAY
08:00 DE- IFO Survey
14:00 US- prelim Univ of Mich
Trading Themes --
- Today sees round one of Fed Chair Yellen's Semiannual Monetary Policy Report to the Congress. With the Fed having just met, and that meeting including a press conference, we doubt that she will have much new to say. Testimony will give her a chance to correct any misconceptions she feels the market has about that meeting.
- Keep in mind, the Fed has a dual mandate: 1) to maintain full employment and 2) to manage inflation. She is responsible to the Congress to achieve these goals. On both scores the Fed has been falling short in recent years, so she could be a bit defensive today, and this being an election year could see some politicians with sharper questions than usual.
- The German ZEW survey is due shortly. In addition to the upcoming Brexit vote Thursday, Friday will sees the key German IFo Survey and global Flash PMI data for June.
- Markets are taking their cue from rising betting odds that the Brexit vote to "leave" the EU will fail. Latest opinion polls have been showing the "Stay" vote closing in on "Leave". Many political experts have been expecting last minute deciders to favor "Stay". Recently, betting odds have not always been reliable predictors of U.K. election outcomes.
- The reversal of market sentiment over the weekend has probably been constructive as it can be helpful at times to let some little air out of a speculative bubble. The GBP is stronger today and USD has eased. Equity prices are steady and flight to safety demand for sovereign debt has abated.
John M. Bland, MBA
co-founder Global-View.com
GVI Trading Room john 08:15 GMT June 21, 2016
BREAKING NEWS
German Constitutional Court rejects challenge to legality of ECB's OMT.
-- TTN
HK RF@ 08:13 GMT June 21, 2016
SOROS
Reply
He is long Gold and gold mines stox.
Telling the public to sell him more gold.
He has enough money to make his own polls, so he may know more in advance.
bali sja 08:12 GMT June 21, 2016
Soros's view on Brexit
all good things will come to an end...
Soros has passed his golden period...
Brits have enjoyed good economy for the last several years...
we all will be poor one day, one way or the other...
LONDON SFH 08:10 GMT June 21, 2016
Soros's view on Brexit
Mtl JP 08:04 GMT 06/21/2016 -
I meant that last remark for your post
LONDON SFH 08:08 GMT June 21, 2016
Soros's view on Brexit
He seems to be very stuck in the past and v complacent about everything being political and surviving...
LONDON SFH 08:04 GMT June 21, 2016
Soros's view on Brexit
I think it strikes exactly the right tone- Says to the public basically you peasants will all be poorer and the people who will make money and get rich out of Brexit will be the speculators like me- I think if that gets publicised then the public will react against Soros to vote Remain as it is that simple- People will be poorer
PAR 08:03 GMT June 21, 2016
Soros's view on Brexit
Soros talking his own trading book . First bearish so that everybody sells and he can buy . Than bullish so that everybody buys and he can sell .
Thats the way to stay a BILLIONAIRE.
bali sja 07:56 GMT June 21, 2016
Soros's view on Brexit
and you believe Soros going out on the media? he is a predator, an old wolf, when he said those things, he meant the other way round, how else is he going to profit from?
HK RF@ 07:53 GMT June 21, 2016
Soros's view on Brexit
Let's say that many Brits do not like Soros anyway, so now that he opens his mouth that way; Spreading doomsday grave threats, they will really be pissed off and vote for Brexit.
LONDON SFH 07:44 GMT June 21, 2016
Soros's view on Brexit
https://www.theguardian.com/commentisfree/2016/jun/20/brexit-crash-pound-living-standards-george-soros
nw kw 06:43 GMT June 21, 2016
e/j
ab seeping on gob, gl.
nw kw 05:58 GMT June 21, 2016
The Day After the U.K. Votes to Leave the EU
486 xaugbp mid rang power 2 way ether out come prepared 1.45 stops 1.4 + 1.5 range than bigger adjustments orders rolled. all most 158. g/j/ xjpy still powers up if risk on.
Sydney ACC 03:43 GMT June 21, 2016
The Day After the U.K. Votes to Leave the EU
Reply
By
Mohamed A. El-Erian
Here�s what the world could look like on June 24 if the �Leave� camp won the previous day�s referendum on whether the U.K. should continue to be part of the European Union:
The foreign exchange markets are in turmoil, with the pound falling 7 percent to 10 percent and the euro down about 3 percent to 5 percent. Stocks also are under considerable pressure as investors try to price in greater institutional uncertainties and the coming hit to economic growth.
Prime Minister David Cameron has announced his resignation, leaving his Conservative Party in disarray as it tries to figure out how to unite behind a new leader after a divisive debate in the months leading up to the referendum. Scotland is looking to resurrect its bid for independence. The Irish are wondering what will happen to the free transfer of goods and people between the republic and the north.
The rest of Europe is stunned, and worried about a domino effect. Meanwhile, those who backed the U.K.�s exit from the European Union are trying to make sure their victory doesn�t turn into defeat, especially as some members of Parliament look into procedural ways to bypass the Leave vote.
Link to full story
hk ab 02:36 GMT June 21, 2016
e/j
Reply
exited 118 first and seems reload possible.....
hk ab 02:31 GMT June 21, 2016
e/j
Reply
survive again, then, can see 119.........
or at least 118.50
entry 117.70......
nw kw 01:45 GMT June 21, 2016
Brexit
gbp inland oil drilling supportive [leave] off shore,its big available /pre usa frak,
Kong Kong 01:45 GMT June 21, 2016
AceTrader Jun 21: Intra-Day Market Moving News and Views USD/JPY
Reply
21 Jun 2016 01:09GMT
USD/JPY - ...... Dlr was under pressure in New York session due to broad-based rebound in yen vs other major currencies and briefly fell to 103.78 at Asian open following the release of latest BoJ minutes (see our previous MMN) before staging a recovery.
Although near term dlr's weakness suggests consolidation with downside bias would be seen in Asia and Europe, sharp fall below last Thursday's 22-month trough at 103.50 is not likely as investors are reluctant to enter large position ahead of the speech from Fed's chair Janet Yellen at 14:00GMT and 20:30GMT.
At the moment, offers are reported at 104.00-10 and more at 104.20-30 with stops above there, whilst bids are noted at 103.50-40 with mixture of bids and stops in the region of 103.20-103.00.
KL KL 01:43 GMT June 21, 2016
Soros on Brexit
Maybe Soros..Dimon and so many EU CB Long GBP/USD...lower GBP/USD will help exports and increase employment.....Maybe these Leeches staring at HUMONGOUS LOSS.....of EPIC Proportion....causing Their Own Financial Armegeddon......... All Good to me... Time For society to Reset to equilibrium....
Then We can have Credit Bubble Burst... and House Price Tumble 90%.....World Wide.... Finally my $100K can buy a city centre house and apartment that was $1+ Million before Brexit.......All good for those Cash and No debt is King True Belivers.......LOL
DYOR DFM..DLTM....imvho and make take profit King every 15 minutes......LOL
Livingston nh 01:10 GMT June 21, 2016
Soros on Brexit
A "collapse" in the POUND should warm the hearts of the CB types who believe the cure for worldly woes is an increase in inflation
Soros and DIMON and Goldman Sachs warning the Great Unwashed about financial Armageddon -- hmmm
hk ab 00:58 GMT June 21, 2016
gold
Reply
Right at 1294 again...... not 1293, not 1295.....
hk ooozmeeh 00:40 GMT June 21, 2016
Soros on Brexit
Reply
George Soros Warns of �Dramatic� Brexit Effects; >15% GBP Drop
Tuesday, June 21, 2016 05:15 AM
by Joanna Ossinger
(Bloomberg) -- U.K. voters �grossly underestimating� the true costs of a vote to leave the EU; there would be an �immediate and dramatic impact on financial markets, investment, prices and jobs,� George Soros said in an op-ed published in Tuesday�s Guardian newspaper.
Pound would decline �precipitously�; sees a drop of at least 15% and possibly >20% to below $1.15
Devaluation wouldn�t be �healthy� like the one in 1992 because BOE wouldn�t cut rates, U.K. has large current account deficit and devaluation unlikely to improve manufacturing exports this time
�Brexit would make some people very rich -- but most voters considerably poorer�; �there are speculative forces in the �markets much bigger and more powerful� than the speculators that profited from the 1967 devaluation at Britain�s expense
�A vote to leave could see the week end with a Black Friday, and serious consequences for ordinary people�
NOTE: BOE, Institute for Fiscal Studies and IMF suggest income loss of GBP3,000-GBP5,000 annually per household once U.K. economy settles into new steady state ~5 yrs post-Brexit
NOTE: In the 1992 devaluation, Soros made what he referred to as �a substantial profit for my hedge fund investors, at the expense of the Bank of England and the British government�; he then says that �devaluation actually proved very helpful to the British economy, and subsequently I was even praised for my role in helping to bring it about�
Mtl JP 00:26 GMT June 21, 2016
Brexit
Brexit: The Movie lays bare the nature of the European Union - and shows why millions of Brits are voting to leave it.
Brexit: The Movie blows apart the pro-EU propaganda, and makes the case for an independent, confident and outward-looking Britain.
You can watch Brexit: The Movie as a feature-length film, or topic by topic in bite-sized, shareable sections.
Spread it across Facebook, Twitter, and promote it in your area - let's vote to LEAVE the EU on the 23rd June.
brexitthemovie
KL KL 00:12 GMT June 21, 2016
Now it is: Polls show that the campaigns on the two sides of the issue are neck-and-neck.
Lets add on to the scare campaign..... Muslim terrorist told to hold off any attack until the Brexit Fail and Bremain Wins......
or
If you Bremain, you are subjected to Syrian, Libyains and more Middle East, and Asia Pakistani Taliban Refugees into Britain, Ireland, Scotland...etc as part of the EU requirements.... You want that on your Soil??
or TAKE Orders From UN-Elected EU President for the sake of your children futures.....
or trade the Extreme like Ninja....happy to have shorted Dow near 17867 earlier...exited 90% now 17807....ha ha 90% due to increasing markets moves short term....wish I had a list of every 15 minutes SHAM Polls are being Released or Sports Bet Odds Changing 2%.......it matters either way and future repercussion...Ninja For BREXIT!!!
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