Post Profile

Cable Is Crashing... Again

"Pounded"... Cable has retraced back down over 60% of its flash crash collapse... “The sentiment on sterling is closely tied to expectations of hard Brexit,” said Georgette Boele, a currency and commodity strategist at ABN Amro in Amsterdam. BOE officials’ “comments are not helpful at all. Saunders said that he was concerned about volatility in sterling as it pushed up inflation.
read more


Related Posts

Global Stocks, US Futures Fall Pressured By Pound "Flash Crash" Ahead Of Payrolls

Business & Finance : Zero Hedge

U.S. equity index futures fell, with European, Asian stocks also declining before the September payrolls data, following the stunning 2-minute "flash crash" meltdown in sterling which plunged as much as 6.1%, the most since Brexit a...

JPM Explains How HFTs Caused Friday's Sterling Flash Crash

Business & Finance : Zero Hedge

On Friday, in the aftermath of the historic pound sterling flash crash, we presented Citi's forensic take of how in just 30 seconds, bid/ask spreads in cable exploded as wide 600 pips. Today, we provide another take, that of JPM's N...

The pound crashed 6% in 2 minutes overnight in a 'flash crash'

Business & Finance : Business Insider: Clusterstock

By HONG KONG/TOKYO, Oct 7 (Reuters) - Sterling plunged to a three-decade low in Asian trade on Friday in a suspected "flash crash" and amid growing fears of a "hard" exit by Britain from the European Union. The pound nosedived over ...

GOLDMAN SACHS: This is how far we expect the pound to crash after a Brexit

Business & Finance : Business Insider: Clusterstock

Brexit could trigger a huge sell-off in the pound, sending the currency down by as much as 11% against a basket of the world's most important currencies, according to new research from Goldman Sachs released late on Wednesday. Goldm...

Currency Carnage Continues: Cable, Yen Turmoil; Precious Metals Pounded

Business & Finance : Zero Hedge

US equity markets remain unimpressed despite the best efforts of a soaring oil complex and collapsing yen. Following further comments from Theresa May confirming 'hard Brexit' looms, cable continues to crash to a 1.26 handle - fresh...


Copyright © 2016 Regator, LLC