All rumours atm — Yes the ratings rumour mill has been grinding away in the build up to the election. One agency, (I can't remember which one), said last week that they did not intend to downgrade the UK in the event of a hung parliament. A ...

UK Election Countdown.....

agree — Yea the debates for the most part are an exercise in well rehearsed platitudes. I'm trying not to have an opinion as I'm only interested in the result making me money.

UK Election Countdown.....

Pinch of salt — Take this with a healthy pinch of salt, but last night's debate was considered Cameron's best yet. url Bear in mind, this piece will not be without bias. Although The Telegraph is regarded as a broadsheet in the UK, it's ...

UK Election Countdown.....

Started UK Election Thread — Feel free to add any thoughts/whispers. etc. url

Auslanco - GBP/JPY and GBP/USD (newstrade)

Final Televised Debate — The final televised debate has just finished and early immediate polls are suggesting that Cameron and Clegg did much better than Brown. Now, polls can never be relied on, but Sterling looks to have bounced to the ...

UK Election Countdown.....

Sterling strength — Latest polls conducted in the UK yesterday and today show the Conservative lead widening. They are now within touching distance of having an overall majority which would mean no hung parliament and thus no ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Pah, that all? — But it's still early days. Looking at the higher TFs, we are simply now 'enjoying' a range. Suddenly everyone's bearish again?

Auslanco - GBP/JPY and GBP/USD (newstrade)

Tiresome — This PA has me beat, I don't mind admitting it. Gunna just hedge and step out until I can see clearly again. Not making any sense at the moment. It is clear to me that there are people desperate to short the market and they are ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Both Labour and the Conservatives have been particularly opaque this election with regards to how they would cut the defecit. But, in a nutshell Labour will not cut public spending and the Conservatives want to cut it by £6Bln in the first year. An ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

The prevailing wisdom in the UK is that the Conservatives save money and Labour waste it. The Conservatives have promised to strart cutting the defecit immediately if they win, whereas Labour want to borrow their way out of recession. The longer the ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Election — Hi G. The UK election is next Thursday 6th. Counting is always very quick and the result will be known by approx 3.00am BST on the 7th, (11.00am Tokyo time, 10.00pm EST (6th)). I will be trading the entire night session UK time as ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Hmmm — Well you joke but there are still reasons for bears to be interested. Whenever the PA moves this much, so quickly, there is always a retracement of sorts and it will come when we least expect it. Look at how rapidly we moved through ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

London book close — ....in 15 minutes....

Auslanco - GBP/JPY and GBP/USD (newstrade)

Careful shorts — 145 isn't that far away and UY is on a tear to >94. I would not be surprised to see a pretty big spike through 145. Shorting is risky considering the US are just getting to their desks.

Auslanco - GBP/JPY and GBP/USD (newstrade)

At long last.... — .... Greece has said what the rest of the World has known for weeks. They want to activate the Euro aid mechanism.

Auslanco - GBP/JPY and GBP/USD (newstrade)

It means Greek banks are trying desperately to avoid the inevitable. IMF will be getting a call on Monday.

Auslanco - GBP/JPY and GBP/USD (newstrade)

word on the strasse.... — ....just read this rumour from a pal who works in London. *Bunds: street talk- apparently Greek banks are bidding their own market on the open this morning- speculation is it's the last desperate attempt.*

Auslanco - GBP/JPY and GBP/USD (newstrade)

Mind if I ask where you saw this information? I cannot find any info on any option expiry today.

Auslanco - GBP/JPY and GBP/USD (newstrade)

time of day — I suspect the lower volumes seen at the more recent top have more to do with the time of day rather than any buyers stepping out. The fact we're dealing with JPY cross is confusing matters I think. Sterling itself needs to become ...

Auslanco - GBP/JPY and GBP/USD (newstrade)