Sterling falls to lowest level in decades as UK votes to leave

Edit World First 24 Jun 2016
Good morning ... The movements have been swift and vicious and the intraday price changes in GBPUSD have been more than what we saw on Black Wednesday when sterling withdrew from the Exchange Rate Mechanism ... GBPUSD didn’t have this bad a day in the Global Financial Crisis and the weakness in sterling persisted as the vote was confirmed ... Should sterling continue to suffer, GBPUSD is in danger of declining to the low 1.30s ... Jeremy Cook ... ....

Sterling falls to lowest level in decades as UK votes to leave (World First UK Ltd)

Edit Public Technologies 24 Jun 2016
(Source. World First UK Ltd) ... The movements have been swift and vicious and the intraday price changes in GBPUSD have been more than what we saw on Black Wednesday when sterling withdrew from the Exchange Rate Mechanism ... GBPUSD didn't have this bad a day in the Global Financial Crisis and the weakness in sterling persisted as the vote was confirmed ... Should sterling continue to suffer, GBPUSD is in danger of declining to the low 1.30s....

MORGAN STANLEY: European stocks will fall 15-20% after Brexit vote

Edit Business Insider 24 Jun 2016
The United Kingdom has voted to leave the European Union ... "Specifically, we think GBPUSD could trade down to 1.25-1.30, as valuations need to adjust sharply before the currency is 'cheap', in our view," wrote Sheets ... Additionally, Sheets is watching the response from the European Central Bank ... Loading video... ....

One chart captures the night of insanity as the Brexit vote counts trickled in

Edit Yahoo Daily News 24 Jun 2016
The global financial markets swung wildly as the EU referendum votes were tallied and released. After the polls closed at 10pm BST, or 5pm ET, results started to trickle in reflecting a lead for the 'remain' vote. That is, British voters had voted to remain a member of the European Union. This has been the base-case scenario for most experts ... Markets tanked ... View photo ... "Cable did it," Weisenthal said of the GBPUSD currency pair....

Pound plummets after early results in EU referendum

Edit The Guardian 24 Jun 2016
Sharp drop after results in north-east England reverse earlier gains on currency markets that had seen pound reach high of $1.50. The value of sterling has swung wildly on currency markets as initial confidence among investors expecting a vote to remain in the EU was dented by early referendum results ... This uncertainty is leaving the market cautious around this huge psychological level for GBPUSD.” ... Brooks added ... ....

BREXIT STUNS MARKETS, DOW FALLS 600 POINTS: Here's what you need to know

Edit Business Insider 24 Jun 2016
Friday was a historic day in markets after the UK's vote to leave the European Union shocked global markets and sent risk assets the world over into a tailspin. Looking just at US markets, overnight futures cratered as S&P 500 futures went limit-down (meaning trading was halted) after falling 5% ... All in this was an absolutely manic day in markets that saw massive dislocations across asset classes ... Dow ... 2,779, -258, (-8.5%) GBPUSD ... ....

Morning Report: 24 June 2016 (Monex Europe Limited)

Edit Public Technologies 24 Jun 2016
(Source. Monex Europe Limited). GBP This morning has been the most eventful in sterling's history, with GBPUSD experiencing its largest ever intraday trading range. Sterling had actually surged in the final hours of yesterday's session, as opinion polls indicated the Remain camp would edge ahead ... In fact, DXY index, which measures the value of a basket of major currencies against the US dollar, is now at a 3-month high ... Reuters ... Guardian....

Crowd Still Net-Short GBP/USD as Polls Shift in Favor of Remain

Edit Stockhouse 23 Jun 2016
GBPUSD - The ratio of long to short positions in the GBPUSD stands at -1.13 as 47% of traders are long ... We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are short gives signal that the GBPUSD may continue ......

The Night is Dark and Full of Terrors

Edit World First 23 Jun 2016
Good morning,. Referendum WatchToday’s the day. Finally, we have reached Referendum Day and the campaigning is over ... Sterling rallied hard on the number, pushing GBPUSD above 1.48 briefly before dipping back through the Asian session. 1.48 was our initial expectation of where GBPUSD would likely trade on a Remain win and so the Bremain Bounce is increasingly looking like a Bremain Blip ... Exit poll or opinion poll? ... Turnout ... Jeremy Cook ... ....

The Night is Dark and Full of Terrors (World First UK Ltd)

Edit Public Technologies 23 Jun 2016
(Source. World First UK Ltd). Good morning,. Referendum Watch - Today's the day. Finally, we have reached Referendum Day and the campaigning is over ... Sterling rallied hard on the number, pushing GBPUSD above 1.48 briefly before dipping back through the Asian session. 1.48 was our initial expectation of where GBPUSD would likely trade on a Remain win and so the Bremain Bounce is increasingly looking like a Bremain Blip ... Turnout ... 0 0 3 0 3....

Crowd Still Net-Short GBP/USD as YouGov Poll Shows Remain at 51%

Edit Stockhouse 23 Jun 2016
DailyFX.com -. Talking Points.. - Latest YouGov poll for UK-EU referendum. 51% Remain, 49% Leave. - Retail crowd pares GBP/JPY longs and remains net-short GBP/USD ahead of Brexit vote ... The ratio of long to short positions in the GBPUSD stands at -1.13 as 47% of traders are long ... We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are short gives signal that the GBPUSD may continue higher ... ....

Asia markets mixed as investors count down to Brexit referendum

Edit Yahoo Daily News 22 Jun 2016
Asia markets traded mixed on Wednesday, after U.S. stocks eked out gains Tuesday amid a drop in oil prices, and as investors counted down to the upcoming British vote to decide whether to remain in the European Union. Australia's ASX 200 (ASX. .AXJO) was up 0.2 percent in morning trade, with the energy and financials sub-index leading gains ... .KS11) was up 0.46 percent ... The British pound (. GBPUSD=) traded at $1.4684 as of 9.36 a.m ... ....

Pound, Global Stocks Rally on Brexit Poll, Fed (Nadex Inc)

Edit Public Technologies 21 Jun 2016
(Source. Nadex Inc). The tragic murder of a pro-European member of Parliament was one of several recent events that appear to have solidified the views of British citizens ahead of the June 23 referendum on whether the UK should stay in the European Union ... If you traded binary options on the GBPUSD or GBPEUR, you saw strong price moves that made for exciting and potentially profitable moves in just a few minutes ... Nadex Inc ... (noodl....
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