Market Overview

It’s been all about the GBP again today, with the aftershocks of Fridays shock vote getting the extra kicker of more protracted political uncertainty in the UK, with the market seeing little in...

Euro Stoxx 50 2703 -73 FTSE 5958 -181 DAX 9327 -230 CAC 400 -100 GBP: Anarchy in the UK? Markets will have had the weekend to digest Friday’s horror selloff, and while we are still expecting a...

AUD/JPY Today’s support: - 75.43 and 78.15 (main), where correction is possible. Break would give 74.92, where correction also may be. Then follows 74.66. Break of the latter would result in...

Brexit: Day 3Sterling has drifted lower again through last night’s Asia session and is a further 2% below its Friday close that saw it close 9% lower on the session. The hope had been that Prime...

So now it's done, Britons voted 52-48 to decide to leave EU. The news rocked the markets and sent Sterling to the lowest level against dollar since 1985, in the biggest move on record, followed only...

Yen and Dollar open the week higher while European majors and commodity currencies are pressured as post-Brexit referendum moves continue. Nonetheless, major pairs are held from Friday's spikes for...

Over the weekend, it has become clear that the UK has been thrown into political chaos due to the relatively close 52-48% referendum outcome.To read the entire report Please click on the pdf File...

The latest IMM data covers the week from 14 June to 21 June 2016.To read the entire report Please click on the pdf File Below

Did you make a killing in the forex market during the late-night Brexit shenanigans? Analysts are already calling it the trading opportunity of the millennium. The British Pound typically ranges from...

Welcome to week one of post-Brexit economic and financial uncertainty Some data releases will still reflect the pre-Brexit world Will Eurozone money supply growth continue to ease in May? The flash US...

That was the largest gut-wrenching move I have seen in my 34-year career in Forex. GBP/USD dropped by 12%. I recall researching the largest 1-day moves some years ago and basically the maximum was...

It’s been 34 years since I left the UK and moved to the U.S., and 25 years since I became a U.S. citizen. I long ago lost the right to vote in UK elections, having by now spent two thirds of my...

Well, they did it. Brits have voted to leave the European Union. Now what?I wrote last month that Brexit could take a wrecking ball to your portfolio. And judging by the carnage in the markets last...

It was quite a hectic trading week last week. Volatility continues to dominate the markets mainly due to the Brexit vote, so I'm expecting the markets to drop even further this upcoming trading week...