📌 @ridethepig G10 FX Market Commentary 18.12.2020
Another early breakfast for Pound sellers, brexit occupies the sentiment throne and optimism has clearly vacated! Pound now has its eye on the breakdown as expected since yesterday and even a wishy washy deal will be a sell in the short-term. Johnson and VDL taking it to the wires will turn out to be the...
📌 Here we have a relatively straight forward move in play.
After EUR held the lows buyers can follow through; true, clearly sellers are not in control and failed to obtain the powerful ABC sequence main target. In other words... buyers are aggressive, GBP exposure would be better off elsewhere. The mobility of UK market access will contract (at least in the...
Even though yesterday in Japan, the USA and Canada was a day off on the financial markets we cannot but call that day like a calm one. As it was expected, a mini pound bubble burst. The lack of new positive drivers forced the most impatient to take profits of about 500 points. Plus, fears that the deal will fail again remains relevant. In particular, the EU’s...
Ray Dalio is the founder of the world's biggest hedge fund firm, Bridgewater Associates, which manages $160 billion. An American
businessman with an estimated net worth of $16.9 billion. He recently has published a quite interesting essay on his LinkedIn account. Ray
Dalio thinks the current era of low interest rates and quantitative easing might be coming to an...
