Here are some of the most noteworthy trendline developments across the markets for Wednesday, December 4, 2019. UK’s $FTSE-100 Index Testing Post-2009 Up Trendline…
Tagged $FXB
FTSE Bus Leaving The Station Again?
After year-long consolidation, UK’s FTSE-100 may be ready to embark on its next major up-leg. In our final post of 2016, we highlighted a potentially…
Investors Get Another Chance To Hop On The FTSE Bus (UNLOCKED-PREMIUM)
This piece was originally posted for TLS members on April 25, 2017. The UK’s FTSE-100 dropped to once again test the level of last year’s…
Another Chance To Hop Aboard The FTSE Bus?
The UK’s FTSE-100 Index is testing the level from which it broke out to all-time highs a month ago. Our final Chart Of The Day,…
Year-End All-Time High In British Stocks Defies Forecasts
In a development you would not have seen forecast in any Brexit-related headlines 6 months ago, U.K.’s FTSE-100 closed 2016 at an all-time high. Quick,…
Brexit Disaster Propels British Stocks To Record Highs
Far from being a financial catastrophe as predicted, the aftermath of the Brexit vote has seen British stocks soar over 20% to all-time high ground.…
British Stocks Say ‘Good Riddance’ To EU
U.K.’s FTSE-100 Index is in the midst of a historic run following the Brexit vote – but it is running into multi-decade resistance. The only…
Not Your Everyday Pounding
The British Pound wasn’t just hammered In the wake of “Brexit”, it broke historic support in the process. On a truly historic day like today…
Investors (Over?-)Prepared For Brexit Volatility
Short-term volatility expectations have eclipsed those of the longer-term, a nearly unprecedented situation given the recent tame market action. Recent days and weeks have seen…
FX: Cable Gets Pounded
The British Pound is plumbing 30-year lows versus the U.S. Dollar. The central banks’ global game of debase your currency remains alive and well. In…