Looks Like the Pound is Safe for Now (At least for a day or two)

Mischely GomezUncategorizedLeave a Comment

Now that May has won the confidence vote the horrible negative sentiment has eased up at least for now and the GBP is actually going up a bit on that positive news. Let’s see for how long and continue to be cautious. https://www.reuters.com/article/us-global-markets/world-stocks-rise-sterling-up-ahead-of-may-vote-idUSKCN1PA04C?feedType=RSS&feedName=topNews

Here Goes the Vote for Brexit Again.

Mischely GomezUncategorizedLeave a Comment

How many times will the U.K. vote on whether to do something in the Brexit? Instead of doing it, let’s have a vote instead in order to once again present the idea of not going through with it. If it passes maybe vote again until it doesn’t. https://www.bbc.com/news/uk-politics-46868194

More Brexit Stalling and Prolonging as Expected.

Mischely GomezUncategorizedLeave a Comment

Do you think this Brexit fiasco will ever actually happen or will it keep getting pushed further into the future so that it never gets done? Do you think that might be the plan by some of those involved? Hmmm. Could be. https://www.cnbc.com/2019/01/14/former-uk-prime-minister-gordon-brown-on-brexit-vote-theresa-may.html

Did Powell Screw Up the USD Move?

Mischely GomezUncategorizedLeave a Comment

Everything was going fine on Friday after the Non-Farm Payroll until Powel started running his mouth during his speech and suddenly the normal USD movement seemed to have been temporarily screwed up. Let’s see what happens next. https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/asia_am_briefing/2019/01/07/Powell-Put-Bets-Sink-USD-Yen-May-Fall-US-China-Trade-Talks-Eyed.html