gbp weakness vs euro and usd. so eurgbp up. eurusd likely dragged up during day then they run it down later in week maybe same day.
i like the mail headline
"Im out, Boris. LOL"
nice.
GVI Forex john bland 21:03:17 GMT - 02/21/2016
1.4264 -141
Mtl JP 20:50:24 GMT - 02/21/2016
red it is "bad news for ... gbp nearterm"
does it mean lower gbp vs the dlr and/or the euro ?
u do not mean subjectively just relatively numerically lower ya ?
tokyo ginko 20:48:37 GMT - 02/21/2016
The pound fell 1 percent to $1.4258 as of 9:11 a.m. in Auckland on Monday, the most on a closing basis since Jan. 15
london red 20:47:39 GMT - 02/21/2016
tomorrow eurgbp will drag higher the euro. but then they will sell the euro off as they realise a uk-less eu makes for a weaker eu and that will be reflected in part by the euro.
a better explaination. turnover in fx is getting lower all the time. they need high volatility to keep up profits. why just take euro down when you can take it up first then down.
dc CB 20:35:45 GMT - 02/21/2016
But will that boost the Euro....or will it all go to the USD and the Yen...dragging down the Euro across the board?
london red 20:32:14 GMT - 02/21/2016
boris, the london major, backing brexit is a game changer although maybe a forced hand. cameron is stepping down at the end of this term and its either him or osbourne to take over as top man. it may be a calculated risk by sitting on the other side of the fence to osbourne. boris is known to be more for returning powers to the uk while osbourne more of a europhile. uk staying in the eu probably means osbourne taking over after some scuffling. if theres a brexit, cameron will have to fall on his sword and then the "winner" boris (vs the eu backing osbourne) will be favourite to take over as tory mp's are going to be want to be seen backing the horse that won the last race.
either way, its bad news for the stay camp and for gbp nearterm.
GVI Forex john bland 20:18:17 GMT - 02/21/2016
indication price, according to my bank feed
GBPUSD 1.4256 -149
nothing on EURUSD yet
tokyo ginko 20:10:22 GMT - 02/21/2016
Or gap down?
tokyo ginko 20:03:30 GMT - 02/21/2016
Early indication of a GBP gap up?
Sydney ACC 19:40:29 GMT - 02/21/2016
In a move that will electrify the referendum campaign, Mr Johnson decided to back a “Brexit” despite personal appeals from Mr Cameron to support his position.
Mr Johnson said that he had decided to act because the European "political project" was "in danger of getting out of proper democratic control".
Good or Bad man Boris ?
takes away a trade opp right at market open
Boris Johnson backs LEAVE campaign
Boris Johnson has joined the campaign to leave the European Union, putting himself at loggerheads with David Cameron and George Osborne.
The Mayor of London emailed the Prime Minister yesterday to inform him of his decision but he only confirmed by text message just nine minutes before his public statement today.
http://www.telegraph.co.uk/news/newstopics/eureferendum/12166968/eu-referendum-david-cameron-boris-johnson-live.html
-
that much for trading the news - or
maybe just as well Boris doing a favor
GOT PK 16:52:59 GMT - 02/21/2016
BBC leaks, Boris in the "leave" camp.
Mtl JP 16:38:30 GMT - 02/21/2016
nw kw 16:14 - Boris, according to link in my 15:16, will declare himself +/- right on market open at 22:00gmt. Personally I think he ll come out against .
-
Bottom Line
drop like rock
caveat applies
nw kw 16:14:18 GMT - 02/21/2016
Mtl JP 15:16 GMT 02/21/2016 - long or short/// gbp set up for strength for now in past week? now what?
and the first "fasten your seatbelt" type gbp trade opportunity
IF you are so inclined
Mtl JP 14:47:05 GMT - 02/21/2016
what sort of Impact on Sterling ... fasten your seatbelt ...
haha ...
Jay u either like and thrive on volatility or you do not.
IF it is politically induced volatility u thrive IF u are In the Circle that knows the time and content of the next headline's release .
"The prospect of linking arms with Nigel Farage and George Galloway and taking a leap into the dark is the wrong step for our country and if Boris, and if others, really care about being able to get things done in our world then the EU is one of the ways in which we get them done," Cameron said.
"I would say to Boris what I say to everybody else, which is that we will be safer, we will be stronger, we will be better off inside the EU," Cameron told the BBC.
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Is that a physical threat to Boris - wonder what Boris is being promised in private.
GVI Forex Blog 12:04:36 GMT - 02/21/2016
In the US, there is a tradition on February 2 called Groundhog Day. On this day, if it is sunny when a groundhog comes out of its burrow and sees its shadow, it signals six more weeks of winter. If it is cloudy and the groundhog does not see its shadow, it signals an early spring.
Well, UK PM Cameron emerged from the EU summit on Friday with concessions in hand and called for a June 23 referendum on Brexit.
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
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