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Lamplighter commented Sep 5, 2018What's with Japan - the nature gods seem to have it in for the nation.
Magnitude-7 earthquake hits off the coast of Japan
- Lamplighter commented Sep 5, 2018
Basically the negotiations continue and those ‘close’ to the matter can play the crosses and make a packet on the side. Is there such a thing as ‘insider trading’ in FX? Evidently so!
German Govt spokesman says Govt position on Brexit is unchanged- RTRS
- Lamplighter commented Sep 5, 2018
Like Non-farm moves. A spin of the wheel with each utterance. Given these swings in price could see volumes on GBP crosses diminishing- and there by more susceptible to ‘news’.
German Govt spokesman says Govt position on Brexit is unchanged- RTRS
- Lamplighter commented Sep 5, 2018
New direction needs new chief broom.
Carney's Future at BOE Gets Mixed Reactions From U.K. Lawmakers
- Lamplighter commented Sep 5, 2018
Probably commodities like grain and pork bellies. Old school.
Germany, U.K. are said to drop key Brexit demands
- Lamplighter commented Sep 5, 2018
Algos don't read news but do have a Twitter feed...
Germany, U.K. are said to drop key Brexit demands
- Lamplighter commented Sep 5, 2018
EURGBP cross looks like it's testing an historical S/R level (D1) - so we could now see it heading for a revision to the mean over this quarter.
Germany, U.K. are said to drop key Brexit demands
- Lamplighter commented Sep 5, 2018
It looks like any Brexit mention in the daily news warrants a 20 to 30 pip move either way. Being a press secretary could be a very lucrative job in these times.
Germany, U.K. are said to drop key Brexit demands
- Lamplighter commented Sep 5, 2018
Funny how one tweet can move a currency pair. But no details to hang anything on to. Just goes to show a hedging position is probably the 'safest' strategy for now. Those too negative the pound will get burnt given the differential movement this ...
Germany, U.K. are said to drop key Brexit demands
- Lamplighter commented Sep 4, 2018
Maintaining the status quo is the easier option.
Carney's Chance to Quell Speculation on Future Comes in Grilling
- Lamplighter commented Sep 3, 2018
Seems the guy has a PHD in bad luck. UBS trading desk managers should have had proper oversight of his accounts. Crazy lack of corporate responsibility and allowed a gambler to trade well beyond any fail stops. Seems strange that as retail traders ...
Trader guilty of UK's biggest fraud detained prior to deportation
- Lamplighter commented Sep 3, 2018
Human interest report - not sure why it should be being posted to forex factory. Maybe these reports are captured and posted by some auto news aggregation bot, that's just selecting words or phrases like 'billionaire's superyacht'.
A 20-year-old Instagram star is dead after being found on a billionaire's superyacht in Greece
- Lamplighter commented Sep 3, 2018
It depends on who will follow him as Gov BOE. Probably an extended contract to 'see the UK through the Brexit period' - so probably exit near the same time as Mario Draghi, late October 2019. Musical chairs at the Central Banks maybe.
UK PM Spokesman: BoE’s Carney Still Expected To Step Down In 2019
- Lamplighter commented Sep 3, 2018
External reasons predominantly. Slowdown in specific global markets, delay in purchasing decisions until GBP levels out - hedging supply side costs etc.
UK manufacturing upturn slows as new export orders contract for first time since April 2016
- Lamplighter commented Sep 3, 2018
A somewhat specious comment. Given the coincidence of EU ‘deal’ positive utterances and both cyclical and end of month settlements - actual relative economic performance will give direction as much as any political shenanigans on both sides.
May stands firm on her Brexit plan, but scepticism persists
- Lamplighter commented Sep 2, 2018
Bloomberg only reports in the negative about all things Brexit, and the GBP. Each week Bloomberg grinds out such an article just like clockwork. It's foolish to be emotionally invested in any one position or direction. Last week's move proved the ...
Pound Investors Face Months of Volatility Into Brexit Endgame
- Lamplighter commented Sep 2, 2018
Odd. CETA is in place and comparable to NAFTA. As for Canada being subsidised by the US, the truth is something else - as the US subsidises 73% of it's own milk production, for example.
Trump takes a new shot at Canada, threatens to end NAFTA if Congress intervenes
- Lamplighter commented Sep 2, 2018
Maybe Switzerland and the UK should have a chat, to compare notes ...
Swiss canton banks, neutrality are sticking points in EU talks: paper cites fin min
- Lamplighter commented Sep 2, 2018
Seems the message has got through - but the delusionists on both sides will still wail and scrape the ground with much gnashing of teeth. 'Hard Brexit' = No deal - its just not going to happen. End of. The language of politics is compromise.
EU-Britain customs union deal would prevent disruption - Barnier