January 2019

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

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

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

73% of British Believe the Government is Totally Incompetent in Negotiating Brexit Deal.

The brexit “deal” proposed by Theresa May has been rejected by a landslide. Could it be that was her plan and why she proposed a deal no one in their right mind would accept? Could it be she is working for the opposition? Just sayin. https://www.cnbc.com/2019/01/15/theresa-may-loses-brexit-vote-what-happens-next.html

73% of British Believe the Government is Totally Incompetent in Negotiating Brexit Deal. Read More »

Did Powell Screw Up the USD Move?

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

Did Powell Screw Up the USD Move? Read More »