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Volatility venting and Brexit can-kicking – MM #177

We start by giving an update on some progress in Brexit before moving to the high volatility markets are experiencing and wrapping up with a preview.

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  1. Brexit transition deal: The smiles and cheers for a Brexit transition deal still leave a lot of holes and unsolved issues for the sides to discuss. We touch on what has been achieved, what hasn’t and especially what it means for the British Pound moving forward. The near future may be different from the summer.
  2. Volatility: Markets are plunging only to recover or recovering only to plunge once again. What is going on? How long will this last? We analyze all the relevant moving parts such as trade wars, tech stocks, geopolitics, etc. and discuss what will happen with the US Dollar.
  3. Preview:   It’s Non-Farm Payrolls week and wages remain in the limelight. Will they tilt the Fed to four hikes?

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Trade safely!

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.