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Tag: Euro

The Euro Crisis & The Previous Debt

QUESTION: Hello Martin, I understand and agree to what you are saying in your post however I cannot understand what you mean when you say that: “Secondly,...

Le Pen in First Place So Far

With the election coming up in France, Le Pen is praising Donald Trump for putting his people first. “The European Union has failed,” she declared. She...

Draghi Admits EU May Breakup For First Time

For the first time, the head of the European Central Bank, Mario Draghi, has conceded the possibility that the EU may fall apart. Draghi came out and said that any...

2017 is Looking More Optimistic Than Ever

The only thing about international trade is that someone cannot have a trade surplus without another experiencing a trade deficit. We all cannot have trade...

McDonalds Leaves EU for Britain

The EU is just insane. They cannot comprehend how to run an economy. The abuse on taxation assessments in the EU has led to McDonalds relocating its international...

May Becomes PM in Britain & Boris Becomes Foreign Secretary

Theresa May became the new Prime Minister of Britain on Wednesday and formally met with the Queen to ask permission to lead her government. May is now embracing...

Euro Closes for June at 11095

The euro closed for June on the cash feed at 11095, which was just a hair under the May low of 11098. This is not a Reversal, but merely a technical indication of...

The Pound & Euro For Month-End

We can see that the green uptrend line has been penetrated previously on this decline. Nevertheless, the euro is unable to rally beyond that 116 level where it...

It’s Not the British – It’s the EU

  While everyone is busy blaming the Brits, the real culprit is the EU. The audacity of various EU ministers demanding immediate withdraw is akin to a spouse...

BREXIT – Sterling & Euro

Based on the fact that the majority of big money trades fundamentally, we should expect the overall trend of the euro to rally against the pound. We can see that...