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FX Forecast Alert: GBP

Strong Possibility of the Leave Campaign winning.  Brexit is clearly more likely to happen.  Please see my quick analysis in the previous article. Expectations: GBP to drop to around 1.20 or even less by year end. US Dollar and Japanese…

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High Chance UK will Leave EU

The vote is going to be close.  During the last few days, the markets and the polls showed the Stay Campaign with a slight edge. Today, I closed out most of my 'risk-on' positions with a profit.  It was just…

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Brexit Vote Forecast

Our position on Brexit is that it will be very close but will not happen.  There are several reasons that we think the vote will swing in favor of staying in the European Union. First of all the issue is…

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