GBPUSD plunging: Come on, what’s the real reason? It’s not Brexit or COVID, it’s China
Considering the low volatility and the high value of the Pound since the beginning of May, something has moved it.
Andrew Saks
About Andrew Saks
Posts by Andrew Saks:
We hate you but we want your oil! The most volatile commodity vs government hypocrisy
The OPEC dominance over the world’s financial capital and its social status barometer is gone….. or is it?
Who is the real creator of volatility? Is it George Soros or Elon Musk?
Archegos, Elon Musk, George Soros
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George Soros bought shares in ViacomCBS, Discovery, and Baidu as they were being sold off during the collapse of Archegos.
Twitter. Tittle-tattle or a market influencer?
Elon Musk, Tesla Inc
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The price of Bitcoin dropped from around $54,819 to $45,700 in just under two hours following an Elon Musk tweet.
Copper is FAR from a lead balloon!
copper trading, metals trading
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There are giant holes in the roof, cars without catalytic converters and vanishing bicycles. What’s up with the metals market?
The rebellious vs the self-righteous: As London votes, what about FX and stocks?
London’s Mayoral race may be a case of meet the new boss, same as the old boss, but may affect stocks of London listed firms and the Pound.
The Archegos FX fall-out: Who are the big losers? Make sure it is not you!
Nobody has pointed the finger as some of the world’s largest interbank FX dealers write off astronomical losses from the Archegos disaster.
Yuan way or another, the British Pound seeks a digital future
government digital currency
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Whilst many see centrally issued digital currency as a means of controlling the populace, some see it as quite the opposite.
Dexit. Germany’s aspirations as an FX trading center blow up!
FX traders in Germany and the UK may finally see some unity among the very different financial centers.