Forex Markets View for June 24, 2016 UK Votes to Leave

Forex Markets View for June 24, 2016, UK Votes to Leave UK has voted to leave the EU by a margin of 52-48% and the financial markets have reacted very negatively with sterling collapsing and risk assets plunging globally. Bank of England (BOE) Governor Mark Carney was out on wires, making a speech after the […]

Forex Market View for June 23, 2016, UK referendum

Forex Market View for June 23, 2016, UK referendum The UK referendum so we may not know for some time what happens next, especially if Brexit wins. UK’s referendum is underway and the capital markets are continuing the move that began last week with the murder of UK MP Cox. UK referendum to leave would […]

Forex Market View for June 22, 2016 Brexit or Bremain

Forex Market View for June 22, 2016 Brexit or Bremain ‘Remain’ aka Bremain side performed well with the three speakers impressing and even on the ‘Leave’ campaign’s strong point,immigration. The ‘Remain’ side managed to score some points. European Central Bank (ECB) governing council member and Finnish central bank governor Liikanen noted that ECB is prepared […]

Forex Market View for June 20, 2016 GBP Rally

Forex Market View for June 20, 2016 GBP Rally GBP rally of almost 300 pts on lengthening odds of a “Leave” vote. European stocks through the roof as ‘Brexit’ odds wane surge in the European equities at the beginning of a new week this Monday remains the votes back in favour of the ‘Remain’ camp, as reflected […]

Forex Market View for June 17, 2016 International Monetary Fund

Forex Market View for June 17, 2016 International Monetary Fund International Monetary Fund (IMF) Managing Director Christine Lagarde was on the wires via Reuters last hour, noting that the common currency will continue to feature solidly in currency reserves. US Dollar Index – has fully faded yesterday’s spike to the boundaries of 95.60 and has […]