Today, hot as pancake, in the news UK speak up! UK voted to leave European Union in landmark referendum.
The news is followed by UK Prime Minister David Cameron to step down his post.
So what's the effect of this scenario to the big 5 currencies? Let's take a look one by one.
USDCHF
Hi: 0.9800
Lo: 0.9531
Variance: 269 pips
AUDUSD
Hi: 0.7644
Lo: 0.7300
Variance: 344 pips
USDJPY
Hi: 106.79
Lo: 98.92
Variance: 787 pips
EURUSD
Hi: 1.1425
Lo: 1.0909
Variance: 516 pips
GBPUSD
Hi: 1.5015
Lo: 1.3223
Variance: 1,792 pips
Today we had extreme movements of the market. Since 1985, UK touched an ultime low. It seems to be finding a good bouncing point towards a potential ultime high. My bet is next year the soonest.
Happy trading everyone!
No comments:
Post a Comment