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- synicz commented Sep 12, 2018
I doubt that by caving into UK's demand that they will achieve that. It seems more likely that EU wants to facilitate at least some sort of deal before brexit as the Irish border seems to be one of the outstanding issues left in the negotiations.
- synicz commented Sep 12, 2018
Not sure why would EU want to appease UK... Think it is better to wait for confirming news and not hop in too early
- synicz commented Aug 29, 2018
Be careful... The details of the "partnership" is not out yet...
- synicz commented Aug 28, 2018
Wow... Trade wars might be easy to win afterall!
- synicz commented Jul 24, 2018
I see what he did there 🌚
- synicz commented Jul 19, 2018
Tbh I dont see how this USD weakness will last. The fed is meant to be independent... Im quite confident that its more due to algo triggers or panick selling... May reverse and continue on course soon.
- synicz commented Jul 18, 2018
Pure BS. Anybody looking at US economic data can easily see a pickup in the economy.
- synicz commented Jul 15, 2018
Very smart political move on the part of Theresa May. It could help suppress rebel MPs. The next challenge will be to negotiate with EU. Which I perceive will be a tougher challenge as they have very little incentives to let UK off the hooks so ...
- synicz commented Jul 13, 2018
There is two possible reasons for that: 1. There is a legitimate mispricing. In that case one should capitalise on the mispricing to make a profit. Do not be surprised that mispricings are rather common, especially during high uncertainty events. 2. ...
- synicz commented Jul 13, 2018
A very high probability that financial services will relocate their HQs to other parts of Europe such as Brussels to enjoy greater access to the Europe markets. With them are thousands of jobs. Note that services contribute to around 70% of UKs GDP. ...
- synicz commented Jul 8, 2018
Aussie session and GBP has yet to react strongly to the news... Looks like an opportunity to short GBP while waiting for London/NY Markets... The risk here is the degree which brexit has been priced into the currency, based on history. IMO traders ...
- synicz commented Jul 7, 2018
Agreed with what you say. Better not to trade on rumours.
- synicz commented Jul 6, 2018
A short-term upmove for GU could be a possibility due to speculation of a possible BoE rate hike. However I'd be weary on taking that route as over the longer term, the diverging interest rate differentials and realization of brexit pose downside ...
- synicz commented Jul 6, 2018
Not sure if the bearish reaction to USD is warrented. We had greater labour participation, possibly explaining why unemployment rate rose. Employment figures are up. Wages are still gaining gradually. Looks like a "fade the move" kind of situation ...
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