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thenews
Added topic Angela Merkel has advice for traders
German Chancellor Angela Merkel met with UK PM Cameron and others Plenty of remarks after, pretty much along the lines of, hurry up Britain, GTFO But, Merkel had some advice for traders, relevant in all situations: it was not a time for sorrow or
thenews
Added topic London Will Lose Status as Clearing Hub: Hollande
French President Francois Hollande pointed out a loss of status for London on Wednesday, as the city will lose the advantages of the EU's single market following a Brexit. Last year, a court in Luxembourg allowed euro-denominated trades to be cleared
thenews
Added topic UK Post Office notes large cash demand for USD and EUR ahead of Brexit vote
The UK Post Office is reporting a surge to sell the pound 22 June post office branch and online currency sales up 49% yy on Tuesday and up 381% online +74% yy since last week-end It's cash and therefore not so significant volume-wise but it's
thenews
Added topic Four Brexit polls are due today, here's when they will drop
Brexit polls schedule for Wednesday, the first one is due imminently ComRes was supposed to released a poll Tuesday but it was pushed back to today. Other polls scheduled for release include YouGov, TNS and Opinium. First up, is Opinium, which the
thenews
Added topic Referendum Day: Timetable
Polls will be open from 8am-11pm CEST (7am to 10pm BST) on Thursday, 23 June. It is illegal to publish any opinion/exit polls during the day as long as polls are open for people to vote. Exit polls are allowed to be published as soon as the polling
thenews
Added topic Will FX Liquidity Vanish Friday? You'll Find Out - Analysis
FX traders this week have fretted that the price action in currency markets in the wake of Thursday's UK Referendum will resemble that seen in January 2015, when the Swiss National Bank roiled markets by removing the Chf1.2000 floor in the euro-Swiss
thenews
Added topic CME increases currency price-swing limits ahead of Brexit vote
The Chicago Mercantile Exchange Group has doubled the special price fluctuation limits for all currency futures and options for the Brexit vote. Has also announced regular trading hour special price fluctuation limits in all interest-rate
thenews
Added topic The Pound / Euro X-Rate Targets Being Forecast for Referendum Results Night
The British pound has fallen back from its best levels against the euro and dollar since May - but where will the pound trade following the release of results on Thursday night? The pound to euro exchange rate is today at 1.2990 The euro to pound
thenews
Added topic Barclays has ceased accepting new auto stop loss orders on currencies
Another warning about liquidity Citing sources Ceased accepting all new automatic stop loss orders on currency trades as of 6am GMT They have not provided electronic execution of stop loss trades since Monday Will make markets all day today and
thenews
Added topic Pound, Euro, Dollar LIVE: GBP Retreats as Cool Heads Return + Latest Forecasts
Latest Rates: Pound to euro exchange rate today: -0.05% @ 1.3012, best 1.3119 Euro to pound exchange rate: 0.7686 Pound to dollar exchange rate today: +0.50 @ 1.4793, best 1.4948 Pound to Australian dollar exchange rate today: -0.40 @ 1.9523, best
thenews
Added topic Sterling's Profit from 'Remain' Looks Limited, £1.40 Seen by Year End
Sterling strengthened further against the US dollar on Thursday, as bookmakers' odds on a Brexit continued to lengthen in the light of the publication of the last opinion polls. "Sterling rose some 6%, or 8 big figures, against the US dollar since
thenews
Added topic Brexit polls now closed. YouGov 'on the day poll': Remain 52%, Leave 48%
Polls are now closed in the Breferendum There is no exit polling from broadcasters as there is in a general election But YouGov / Sky have their 'on the day poll' - this is an OPINION POLL, not an exit poll Remain 52% Leave 48% Poll of 5000-odd
thenews
Added topic EUR/USD: Bullish Short-Term; Range & Outlook
EUR/USD – BULLISH BIAS – (1.0800-1.1700) The momentum has clearly shifted back in favour of ‘Remain’ in today’s referendum vote on the UK’s membership of the EU. The shift from 50%-50% just a few days ago to something more like 52%-48% in the opinion
thenews
Added topic Cable crashes through 1.40
The period of denial is over The market is coming to the terrifying terms of what is unfolding
thenews
Added topic UK Votes For Brexit
There are only 3 out of 382 UK regions left to be counted before the official results are announced early Friday at around 6am GMT. So far the results show the 'Leave' camp firmly in the lead, with 17,114,552 votes counted for a Brexit, with 'Remain'
thenews
Added topic Sterling hits lowest in three decades, yen surges as Brexit stuns markets
Sterling suffered its most volatile session in living memory and hit its lowest level since the 1985 Plaza Accord as Britain voted to leave the European Union, triggering a rush into safe-havens such as the yen and the dollar. The euro also dropped
thenews
Added topic Tech Targets: On Hold
Due to extreme financial market volatility and the unpredictable nature of the UK’s EU referendum results, we will be holding off our FX Insights reports today. source
thenews
Added topic EU say they're ready to launch negotiations with Britain swiftly
Joint statement from EU heads Juncker and Tusk 24 June 2016 expects UK to move on Brexit as soon as possible GBP back in retreat on the realization that EU want to get this on asap there will be no renegotiation of EUs deal for UK made in Feb any
thenews
Added topic Central Banks in 'Wait-And-See' Mode With Guns Locked & Loaded After Brexit
The European Central Bank (ECB) is closely monitoring financial markets in Europe following the Brexit vote, and is in close contact with other central banks in case intervention is required, while the Bank of England (BoE) and the Swiss National
thenews
Added topic Morgan Stanley start moving 2000 London staff to Dublin or Frankfurt
BBC reporting its sources 24 June 2016 Well if they start walking/swimming now they should be at their desks by Monday. Update: MS deny any such move underway BBC vs an investment bank, who you gonna trust? Yea ok fair enough, difficult call after