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The Forex markets ......

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Re: The Forex markets ......

Postby Maximus » Sat Feb 25, 2017 11:39 am

Whatever you think or feel you should do, do it in May.

Sell in May,

Go away,

Come back on St Leger's day, which is the final horse race of the season. Which is around October.

The market spends the first few months of the year, establishing its highest or lowest price for the year, then;

There will very likely be a season trend from May to October. :wink:
Last edited by Maximus on Sat Feb 25, 2017 11:42 am, edited 1 time in total.
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Re: The Forex markets ......

Postby Paphitis » Sat Feb 25, 2017 11:41 am

Tim Drayton wrote:There is a theory in the investment world that Sterling will dip to one further low after article 50 is triggered, and then this will be the time to move into Sterling assets, because it will then recover from this low. Just a theory, though.


that's seems to be pretty solid theory.

I would probably say it would go down as well, but recover pretty quick after that.

Time to buy Sterling is after BREXIT at cheap prices.
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Re: The Forex markets ......

Postby Paphitis » Sat Feb 25, 2017 11:43 am

miltiades wrote:Brexit has had an adverse affect on STG , triggering Article 50 will undoubtedly drive STG down further against most currencies. One of course could say that the markets have already discounted this knowing that Brexit and A50 will happen. The prospects for the UK economy do not exactly look rosy once out of the single market. I have always believed that abandoning the EU is a big mistake that will have dire consequences for the UK economy, I do hope that Im wrong.


yes but it won't effect anyone other than traders, travelers, and importers as well as people living overseas.

brits at home won't notice anything spectacularly different unless they Ebay something.
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Re: The Forex markets ......

Postby Maximus » Sat Feb 25, 2017 11:46 am

Paphitis, those consumers on ebay are at the bottom of the pyramid,

Exchange rates affect a countries economy from the top down. Government > Commercials > Consumers
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Re: The Forex markets ......

Postby Paphitis » Sat Feb 25, 2017 11:48 am

Maximus wrote:Paphitis, those consumers on ebay are at the bottom of the pyramid,

Exchange rates affect a countries economy from the top down. Government > Commercials > Consumers


Not really. A cheap currency helps exports.

Overseas traders would be falling over themselves buying a Jag, Rolls Royce or range rover. :lol:

it's all swings and roundabouts. there will be winners and losers and the economy could be a winner.
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Re: The Forex markets ......

Postby Maximus » Sat Feb 25, 2017 11:50 am

Its kills imports, particularly any foreeign services and raw materials to manufacture those items..
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Re: The Forex markets ......

Postby Paphitis » Sat Feb 25, 2017 11:51 am

Maximus wrote:and kills imports


Yes as i said, there will be winners and losers here.

it's like a tipping scale. When one goes up, the other goes down.

But it should correct itslef over time with new FTA agreements with USA especially.
Last edited by Paphitis on Sat Feb 25, 2017 11:53 am, edited 1 time in total.
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Re: The Forex markets ......

Postby Tim Drayton » Sat Feb 25, 2017 11:52 am

miltiades wrote:Brexit has had an adverse affect on STG , triggering Article 50 will undoubtedly drive STG down further against most currencies. One of course could say that the markets have already discounted this knowing that Brexit and A50 will happen. The prospects for the UK economy do not exactly look rosy once out of the single market. I have always believed that abandoning the EU is a big mistake that will have dire consequences for the UK economy, I do hope that Im wrong.


Even after Article 50 is triggered, this only means that negotiations to leave begin and meanwhile the UK remains in the EU. Some experts say that negotiations will drag on for 10-12 years. Plenty will change in that time.
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Re: The Forex markets ......

Postby Paphitis » Sat Feb 25, 2017 11:59 am

Tim Drayton wrote:
miltiades wrote:Brexit has had an adverse affect on STG , triggering Article 50 will undoubtedly drive STG down further against most currencies. One of course could say that the markets have already discounted this knowing that Brexit and A50 will happen. The prospects for the UK economy do not exactly look rosy once out of the single market. I have always believed that abandoning the EU is a big mistake that will have dire consequences for the UK economy, I do hope that Im wrong.


Even after Article 50 is triggered, this only means that negotiations to leave begin and meanwhile the UK remains in the EU. Some experts say that negotiations will drag on for 10-12 years. Plenty will change in that time.


negotiations have to conclude within 18 months according to the EU with Brexit occurring 6 months after that.

They would be crazy to stretch it out to 12 years. not something that is at all helpful to the EU or Britain.

On the other hand, EU is going to be worried about France so they could make things difficult to send France or marie le pen a nasty little message.
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Re: The Forex markets ......

Postby Maximus » Sat Feb 25, 2017 12:04 pm

Britain is leaving and will be restricted from $19.8 trillion market.

How can Britain recover from that?

Join it again with the same individual agreements with every EU member state. :lol:
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