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Suspension Two Weeks Tunnel Carpel

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My doctor says no typing for two weeks due to my tunnel carpel problems. So my last blog till March 29.

Here’s my view for traders. Watch the UK parliament vote tonight. If the extension is voted down will mean a ‘no deal exit’. Traders have been betting against ‘no deal’. So, the nays having it tonight ought to send the EURUSD & GBPUSD down.

Do I expect a ‘no’ result? Nope, I do expect an extension motion to pass. But, where I think the market has it wrong, is the EU response. It appears to have assumed the extension permission will be given. I believe France will veto. Since any extension permission must be by unanimous consent,  France’s nay will mean no extension. In turn that will mean the UK will exit on March 29 without a deal.

The post Suspension Two Weeks Tunnel Carpel appeared first on Ray Barros’ Blog for Trading Success.


Source: http://www.tradingsuccess.com/blog/suspension-two-weeks-tunnel-carpel-6720.html


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