This week the main event in the headlines is the very unexpected result for the Brexit. Here’s a quick recap of the carnage from the UK’s vote last Friday to exit the European Union: The GBP/USD immediately crumbled after the result dropping by a staggering 8.1%, while on Monday it… read more
News
Brexit Unleashes Volatility, Chaos on Financial Markets
June 28, 2016Investor’s didn’t take lightly to Britain’s vote to leave the European Union (EU). By the time trading had closed on Friday, markets from Tokyo to New York had experienced one of their worst trading days since the financial crisis of 2008. When the markets finally closed, more than $2 trillion… read more
Brexit: The Immediate Aftermath
June 28, 2016Less than 24 hours after Britain voted to leave the European Union (EU), Prime Minister David Cameron resigned, Scotland vowed to conduct a second independence vote and global markets shed over $2 trillion. The next four months will be interesting for he markets as the Conservative party nominates a new… read more
Brexit breaks the pound
June 28, 2016UK’s vote to exit the European Union (EU) shocked the financial markets both on a local, as well as on an international level. The result pushed UK Prime Minister David Cameron to announce his resignation, and threw the political ties out of balance. UK citizens by now came to terms… read more
Brexit FAQ
June 24, 2016Britain’s campaign to leave the European Union succeeded on Thursday, sending global markets into a panic as investors struggled to predict just what might happen next. The so-called Brexit raises a lot of questions about the UK’s economic, financial and political future. Below is a rundown of a few questions… read more
Brexit: the Big day is here.
June 24, 2016The big day is here. UK holds the in/out referendum today. Polls should open at 6am GMT and will close at 21:00pm GMT. Any results will be announced after this time. Sky News have announced that they will publish ‘on the day’ polls at 22:00 pm GMT and their outcome… read more
Hot Topic – BREXIT
June 23, 2016After months of anticipation the Brexit referendum will finally take place this Thursday. Let’s look at how the markets are reacting At the end of Friday’s trading session, the pound increased against the U.S. dollar by 0.48% and was trading at $1.43602. On a weekly basis,… read more
Eurozone policymakers divided over Brexit, pound rises
June 22, 2016The appalling news of the British MP Jo Cox killing might have shifted market forecasts for a “Remain” result of the upcoming referendum on whether the UK should maintain its membership of the European Union. Jo Cox was in favour of the of the UK to stick with its EU… read more
George Osborne, David Icke and Brexit Conspiracy Theories: Fact or Rhetoric?
June 21, 2016Britain’s upcoming referendum on European Union (EU) membership has stirred up hostilities within the UK’s Conservative ranks. Just last month Chancellor George Osborne attacked members of his own party for creating “conspiracy theories” about Vote Remain, a broad coalition of economic and political proponents who favour Britain’s continued membership of… read more
How to Utilize Oscillators
June 17, 2016Forex traders have been using technical analysis for decades to have them get an upper leg on the markets. There are numerous forms of technical and fundamental analysis and the more practice and effort a forex trader puts into honing their skills, the greater the likelihood they will master understanding… read more