Which is the most affected currency after EU elections?

Both Pound and Euro are affected after EU elections but Pound is ahead of Euro.
The Pound has almost fallen against all currencies.

Failure of Brexit referendum:
Theresa May sought a deadline extension for Brexit from European Union twice and got sanctioned. She prepared two referendum for Brexit but both of them have been rejected by Opposition through the vote.

An election for Next UK PM:
Theresa May stepping down as PM on June 7. The next election was scheduled on 5 May 2022 but May has proposed the government to conduct an election on June 8, 2019. The cabinet has also agreed for an election.

EU elections:
The world’s second largest democratic exercise has been conducted on May 23 – 26, 2019.
The centrist bloc has been defeated after decades in the election which means the Brexit party has won the election.


Forex is the largest and most liquid market in the world and per day $5 Trillion volume makes a volatile market in the world. The late US, Asian or early European trading sessions are the most volatile market. Forex Market Tuesday, Wednesday and Thursday are the best days for Forex trading due to higher volatility and active market.

Monday-Mondays are static and Good to have prediction around the market. Stock Market Opening Time and Less Volatile and Good for Predict upcoming market movements.

Tuesday– Tuesday is the most active day in week start.

Wednesday– The middle of the day tends to be the calmest and stable period of most trading days.

Thursday– The Best Day of the Week to close trades. Most preferred traders like to close the trade and one of the best trading days.

Friday– Stock Market High Volatile till the U.S Market Hours and Currency Market Closing Day Fridays can be unpredictable.

Global Market Outlook

Turkish Lira Worse
Foreign-currency deposits are driving Turkey’s lira worse and moreover day by day Turkish lira debt increasing and it tends to weaken worse. Turkish Lira Trading at 1.6270. Experts concerns over U.S.-China trade talks, however, the lira fails to regain its strength.

Trade War
Trade war brings more cautions about global investors. The first week of May, Trump administration will increase tariffs on $200 billion in Chinese goods to 25% and now Trump said during a campaign rally that China “Broke the Deal”. The U.S has officially filed paperwork to raise duties on the Chinese products to 25% from 10%
 Learn about Trade War Bluff 

TheEuropean stocks traded lower on Thursday, as trade tensions between the U.S. and China catching up.

The Brexit War: British Prime Minister Theresa resignation not confirmed so far, the opposite party calls for resignation and Prime minister May said has no plans to step down before getting Brexit deal passed.
 Brexit War the U.S and China What is it ?

Crude Oil Demand: Crude oil trading at 61.00 due to Iranian President Hassan Rouhani announced his country will end compliance with two conditions of its nuclear deal if Europe did not step in to protect it from the U.S. If Iran creates demand then more chance to trade at 70 to 75 nearly.

Gold demands further rise as global tension gives an opportunity for investors to choose GOLD. Gold trading at 1286 testing the resistant level 1292. Experts suggest Gold have more possibility to touch 1350 to 1365 if the global market stumble.

Forex BLUFF – Trade WAR between China and the United States

The U.S and China Trade War BlUFF
Bluff is a card game in which players must get rid of all of their cards in order to win. The same thing happening between the U.S and China. To get rid of China, by all means, the U.S President started Trade War and it continues both the end to WIN against Trade war again the U.S President announced further tariffs, its makes Global stocks were ailing after President Donald Trump Sunday threatened further tariffs on Chinese imports that could come into effect on Friday

Investors previously expected China and the U.S to be close to sorting out a trade deal after months of negotiations. A lack of an agreement between the world’s two largest economies could progress the global growth however due to Trump Intervention he further intervention tariff its raises tension among global investors.

Trade War can be Bluff?
Over the past months, the US-China trade negotiations seem to be end soon as world market awaits for positive reports.

*)Many have weighed whether the presidential tweet was just a negotiation tactic
*)Analysts at Bank of America believe that both parties at the table remain motivated to agree to deal.
*)Trading Experts believe Trump Policy can be another BLUFF!

Stock Fall Off-

The Dow Jones Index currently at 25,965,  The Dow Jones fell the last Monday about 473 points, marking the second-worst trading day of the year. The worst day of 2019 was January 3rd 2019, when the Dow fell 660 points.