Prime Minister Theresa May on Tuesday faced her divided ministers as negotiators scrambled to secure a divorce agreement with the European Union and anxiety mounted over the risk of a no-deal Brexit. May said Monday her government was working “extremely hard” to save a deal, telling officials of London’s financial district that negotiations “are now […]
Britain is moving ahead with plans to negotiate a free trade deal with the United States as soon as it leaves the European Union, International Trade Secretary Liam Fox said Wednesday. But Fox also said he would like to see a “de-escalation” with Washington over the growing array of tariffs, as he offered an energetic […]
The families of those killed in Berlin’s Christmas market attack last year have lambasted Angela Merkel in an open letter. They particularly accused the German chancellor of “inaction” in the face of terrorism and negligence toward the attack victims. The attack, during which a Tunisian asylum seeker, Anis Amri, drove a truck into the crowded […]
Britain Allows Extremists to Promote Wife Beating and Rape Islamic Extremist are being hunted by the Arab states but encouraged, funded and armed by western countries. Books that sanction domestic violence and say women should never refuse their husbands sex are among a series of sexist materials that inspectors have found in Britain’s Islamic schools. […]
Trump Should Consider Travel Ban on UK Donald Trump is worried about crime, but not in the US. Not only does the president see the reported rise in UK crime rates as a threat to US citizens, he also recognizes the rise in sex assault, burglary and homicide in Britain is the result of radical […]
Britain Could Fall to Islamic Extremism It is no surprise with Europe’s open door policy and a Mayor that is a supporter of Islamic Extremism that the UK is now under serous threat from ISIS and other Muslim groups. Britain was flooded with “refugees” as weak politicians and sinister forces like Sadiq Khan cried racism […]
Tensions Arising on How UK Should Exit EU British Prime Minister Theresa May is facing new tensions within her Conservative Party on the Question of how to best manage Britain’s departure from the European Union. UK Foreign Secretary Boris Johnson told reporters that a proposed transition period to ease the impact of Brexit must not […]
EU Citizens Leaving Britain Net migration to Britain has fallen to a 3-year low as a growing number of European Union citizens have left the country following last year’s Brexit referendum. Data released Thursday by the Office for National Statistics provides evidence that the uncertainty and economic jitters caused by Britain’s vote to quit the […]
Bank of England says Brexit and the uncertainty around it has already hit people’s incomes and is weighing down the economy. Households have cut back on spending and businesses on investment, slowing the economy’s growth. It comes as the Bank downgraded its forecasts for the British economy this year, just days after EU statistics indicated the eurozone […]
The Government has proposed setting up a national investment fund to help fledgling UK businesses thrive and compete with their US counterparts, even after Brexit. The Treasury said on Tuesday that a consultation had identified a £4bn funding gap between US and British firms and that the new fund would “help address this gap and boost British business”. It also […]
The pound started to fall against other currencies in the autumn of 2015 as financial markets started to factor in the possibility of the UK voting to leave the EU. By the time it reached its low point shortly after Theresa May raised the prospect at the Conservative party conference of Britain leaving without a deal, […]
Jeremy Corbin Trying to Overturn Brexit The government has on Thursday published the bill to “maximize continuity” on the day the UK effectively withdraws from the EU wherever it is “practical and sensible”. Labour has threatened to block the bill in an attempt to overturn the democratically chosen Brexit. Labour is calling for a guarantee […]
Highlights At the end of a tumultuous week for the UK economy, the pound has dropped by -0.4 per cent against the US dollar. The Pound to Dollar exchange rate is seen trading in familiar territory at the start of a new week in global FX with one Pound buying 1.2872 US Dollars on the […]
Brexit – Britian leaving the European Union What even is the European Union? It’s sort of a United States except instead of states, it’s a union of nations. The 28 member countries agree to open their borders to other EU members, share a common market, and abide by various social and political policies. why do […]
Jeremy Corbyn Turns Dictator as Power Crumbles The government has indicated it intends to continue pushing for a “hard Brexit” – meaning the UK will leave the single market and customs union in exchange for ending freedom of movement – even though the ruling party lost its majority on June 8. 3 Ministers fired for […]
EU Hacked Britain’s Election Europe’s number 1 buffoon Juncker is said to have advised May to call an election because her then 17-seat parliamentary majority was not seen as strong enough to guarantee a strong negotiating position. A larger majority, he allegedly told May, would help her dictate the terms of the divorce bill. The […]
Jeremy Corbyn Damages UK Credit Ratings The UK holds the second highest rating Aa1 from another agency Moody’s. It had held the rating since 2013 when it was downgraded from AAA due to sluggish growth prospects and fiscal challenges. The agency’s lead UK sovereign analyst Kathrin Muehlbronner said on Friday, “Moody’s is monitoring the UK’s […]
Jeremy Corbyn Already a Disaster for Britain Socialist Refugee lover Jeremy Corbyn is already a disaster for Britain as Ratings agency get set to downgrade the country, Merkel moves in to take advantage of the not-so-bright politician and the GBP tanks. Jeremy Corbyn believes in printing money and giving it away The UK’s election result […]
Jeremy Corbyn Would Usher in a Dark Socialist Era for Britain Jeremy Corbyn is one of those handful of dimwits that believe socialism works. Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery. Winston Churchill Corbyn proposes to have the […]
CAGE Group is a UK Based Islamic Terrorist Organization The ongoing activities of advocacy group Cage highlight the problem of militant groups hiding extremist ideals behind the face of Anti-Racism. The small campaign group gained worldwide attention after it emerged Briton Mohammed Emwazi, unmasked later as “Jihadi John”, took his claims of harassment by the […]
British Pound (£) ⇨ Euro (€) (GBPEUR) The Ulitmate Brexit Trade Highlights: Euro sees off Macron victory with a gallic shrug Euro drops after rising to six-month high Long GBP Short EUR Labour will make Britain a force for good Britain’s BT sets out ambition for ultrafast broadband Overall, the bias in prices is: Sideways. […]
Report: UN Sees Bright Economic Future in Asia Wednesday, a United Nations report says Asia’s economic outlook for Y 2017 is strong despite slowing global growth due to sluggish international trade and investment. The world economy grew 2.2% in Y 2016, the slowest pace since the end of the Y 2008 financial crisis. Britain’s plan […]
British Pound (£) ⇨ US Dollar ($)(GBPUSD) Trading Outlook\ HEFFX Notes British Pound Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 1.37. The projected lower bound is: 1.24. The projected closing price is: 1.30. FOREX GBP= closed down -0.003 at 1.308. Volume […]
British Pound (£) ⇨ US Dollar ($)(GBPUSD) Trading Outlook HEFFX Notes British Pound Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 1.35. The projected lower bound is: 1.23. The projected closing […]
British Pound (£) ⇨ US Dollar ($)(GBPUSD) Trading Outlook HEFFX Notes British Pound Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 1.36. The projected lower bound is: 1.23. The projected closing […]
British Pound (£) ⇨ US Dollar ($)(GBPUSD) HEFFX Update HEFFX Notes Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are trending. The projected upper bound is: 1.40. The projected lower bound is: 1.27. The projected closing price is: 1.33. FOREX GBP= closed down -0.000 at 1.335. Volume was […]
New data from the National Center for the Middle Market (NCMM) suggests more than one-quarter of U.S. middle market companies will decrease business investments in the United Kingdom following the results of the “Brexit” referendum. About the same number say they will reduce their purchases from and sales to the U.K. The report, released today, […]
FOREX GBP= closed down -0.015 at 1.287. Volume was 4% below average (neutral) and Bollinger Bands were 273% wider than normal. Open High Low Close Volume___ 1.302 1.303 1.280 1.287 106,292 Technical Outlook Short Term: Oversold Intermediate Term: Bearish Long Term: Bearish Moving Averages: 10-period 50-period 200-period Close: 1.34 1.43 1.46 Volatility: 52 28 17 […]
British Pound (£) ⇨ US Dollar ($)(GBPUSD) Trading Outlook BOE GBP INDEX closed down -2.000 at 79.800. Volume was 8,900% above average (trending) and Bollinger Bands were 123% wider than normal. Open High Low Close Volume___ 80.400 80.400 79.800 79.800 4 Technical Outlook Short Term: Oversold Intermediate Term: Bearish Long Term: Bearish Moving Averages: 10-period […]
Britain voting to exit the European Union will not only have a profound effect on currency markets, trade, and economic growth in the UK but it could also have serious implications for the global financial system. According to Hal Scott, professor of international financial systems at Harvard Law School and director of the Committee on […]
The British sent shock waves through the One World Order by voting to secede from the European Union. Article 50 of the EU explicitly provides for departure, so there is no turning back. The European Union had good intentions, but none were realized. It distorted national economies by using a “one size fits all” approach […]
“The Brexit vote should serve as a wake-up call to America’s governing class. The same dissatisfaction with mass immigration and the disrupting consequences of outsourced manufacturing are percolating throughout the United States. Politicians need to listen and learn from the events across the pond if they wish for political futures.” – Dan Stein, President of […]
Do Not React to Brexit Yet Brexit is a big deal, but the financial disaster touted by many supporters of the Socialism in Europe has been a fraud. The real Brexit impact, not really that much, the GBP is a buy here anything getting hammered (apart from the EUR) is probably a buy today. The […]
Britain Rejects Socialism, America is Next Britain has rejected the ultra-big Government and socialism, America is set to elect Trump and reject the Socialism of Obama/Clinton and America’s “Democrats” The result on markets is a massive over reaction, but it is a positive sign that democracy works even in the face of the institutionalized stupidity […]
Trading Brexit GBPUSD Brexit traders are betting heavily that the UK will stay in the EU as always in this situation the best trade will come from the over reaction on the result, if the UK stays in the EU the GBP will surge, sell that rally! Conversly if the UK exits the EU […]
Trading Brexit: Sell the GBPUSD George Soros, in an opinion piece in the Guardian newspaper, said that in the event of a British exit, or Brexit, the pound would fall by at least 15 percent, and possibly more than 20 percent, to below $1.15 from its current level of around $1.46. “The value of the […]
Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators. Stochastic Oscillator One method of interpreting the Stochastic Oscillator is looking for overbought areas […]
British Pound (£) ⇨ US Dollar ($) Trading Outlook FOREX GBP= closed up 0.010 at 1.452. Volume was 14% above average (neutral) and Bollinger Bands were 28% narrower than normal. Open High Low Close Volume___ 1.442 1.458 1.440 1.452 122,253 Technical Outlook Short Term: Oversold Intermediate Term: Bearish Long Term: Bearish Moving Averages: 10-period 50-period […]