Toilet rolls a higher denomination currency! Even Monopoly money looks better value than the Bolivar.

10 pictures reveal the huge amounts of cash Venezuelans need to buy everyday things

There’s a lot of short squeezing going on at the moment as brokeages have reported client positions are biased to that side. So plenty of stop running and pushes through key levels. It would seem likely that larger funds would already be hedged ...

British pound set to weaken further, but some hope on the horizon

Seems like a glove puppet statement. There is a problem when people cry wolf too many times.

British Foreign Minister Hunt Says Chances Of A No Deal Brexit Is Not Negligible

Its the same old narrative - people get bamboozled by promises of 'equality for all' but end up with a bunch of sell-serving ideologues and manipulators. Just because they don't see it, 'the invisible hand' still is the best way. But maniacal egos ...

Venezuela In Chaos After Maduro Announces Massive 95% Devaluation, New FX Rate Tied To...

Just 15 years from one of the most well off countries in South America to basket case. Wondering how far it will go before complete collapse?

Venezuela In Chaos After Maduro Announces Massive 95% Devaluation, New FX Rate Tied To...

..."pitting the country against the fiscally conservative European Union." You have to wonder if the writer really meant that term!? 'Fiscally conservative' - Wiki definition - "Fiscal conservatism is a political-economic philosophy regarding fiscal ...

Italy draws fresh scrutiny, as investors eye market risks in aftermath of Turkish-lira crisis

Just let the market do it's thing - interventions are like 'Whac-A-Mole' - something else will pop up just when you don't want it.

Trump is reportedly preparing to weaken the dollar - here's why it will be nearly impossible...

Humm “I think it’s a great time to start a mortgage company,” Trump told a CNBC interviewer in April 2006, adding that “the real estate market is going to be very strong for a long time to come.” Re Trump Mortgage LLC Also one Gary Cohn formerly of ...

'Total f****** garbage': RBS bankers joked about destroying the US housing market before 2008

Doubling down? Usually if a country is in financial distress any lender will need some surety in the form of physical assets as collateral. As has been the case with Greece and the EU - forced into selling state assets (Athens water supply ...

Turkish Pres. Erdogan’s Office: Qatar Has Pledged To Invest $15 Bln In Turkey

'Fugling'? Seems to fit.

'Total f****** garbage': RBS bankers joked about destroying the US housing market before 2008

I like to hedge both ways working the higher timeframes. Scalping and intraday trading in low vol markets is adding risk while lowering chances of solid reward with short trend runs IMO. Each to their own. Cable is aiming for a historical ...

Retail sales, Great Britain: July 2018

... also some may confuse RSI from RSI ...

Retail sales, Great Britain: July 2018

Given the chart plots and that there’s relatively low volume in GBP crosses after the London opens - one can see intra day prices being worked by the larger positioned funds ... playing out an August cyclical pattern. Worth keeping an eye on fib ...

Retail sales, Great Britain: July 2018

Not really ‘investors’ - short traders.

SEC ramps up Tesla investigation after Elon Musk's tweets

There does seem to be a shuffling of the deck chairs, or a new axis being fashioned - depending on your world view.

Turkish Pres. Erdogan’s Office: Qatar Has Pledged To Invest $15 Bln In Turkey

People believe what they want to believe. But there is a lot of misinformation being put about. There is nothing wrong in being prepared for any outcome.

Risk of no-deal Brexit rising, 'everyone needs to prepare': British foreign minister

Funny but embedded in this RT discussion is the real reason the UK is leaving - nothing to do with the Euro as such. Have a read of Professor Werner's note on Germany (written in 2016) url - all goes to show politics and reality live in two ...

Risk of no-deal Brexit rising, 'everyone needs to prepare': British foreign minister

Rounding error, lag in data evaluation points (start of month instead of end of month), not yet fully 'seasonably adjusted' etc. etc. A quarter percentage point could be within the margin of error.

U.K. Unemployment at 43-Year Low Fails to Ignite Pay Growth

The words ‘Bank of last resort’ come to mind. This is what happens when fiscally unaccountable politicians finagle the monetary system for short term popularity. In the end it catches up on you.

ECB Must Shield Italy, Others From Speculation, Borghi Says

More brinkmanship words right on que. Just waiting for the EU response - wait for it ... Irish border - rince and repeat for the next 6 weeks.

Risk of no-deal Brexit rising, 'everyone needs to prepare': British foreign minister