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Monday, 13 June 2016
News

Sterling under pressure due to Brexit concerns

There are no data releases from the UK today, however, Sterling was pushed lower this morning. Uncertainty over a potential exit from the European Union was the catalyst behind the selling pressure. This could be the theme for the next two weeks because Britain will hold a referendum on EU membership on June 23.  Read more...
Monday, 06 June 2016
News

"Leave" campaign has a 2-point lead over the "Remain" campaign

The campaign to get Britain out of the European Union has a 2-point lead over the "Remain" campaign, polling firm TNS said on Monday, citing a poll conducted in the third week of May. Forty-three percent of respondents wanted Britain out of the EU, while 41 percent wanted it to stay, according to the online poll of 1,213 Britons. The difference was within the poll's margin of error. Sixteen percent of respondents were undecided. Read more...
Monday, 30 May 2016
News

Sterling lower in a quite Monday session

It is a bank holiday both in UK and USA today, so markets are being less volatile. However, sterling fell this morning and is currently being traded few points below 1.46 handle. With less than a month to go before the June 23 referendum on Britain’s future in the 23-counry EU, bookmakers slashed their odds on a “remain” vote.  Read more...
Wednesday, 25 May 2016
News

Brexit could badly damage global markets

In one month, the United Kingdom will hold a key referendum to decide if the country will stay in the European Union. While the world is watching and worrying about the result, some traders are looking to the currency market to help them cash in should the so-called "Brexit" really come to pass. Beyond the currency impacts, traders and analysts warn that a Brexit could badly damage global markets, especially since the UK could set a precedent for other European countries to follow. Read more...

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