BREXIT in Hindi - 1000 Pips in a Day Movement - Beware

  • 8 years ago
What is Brexit and how it will impact the Forex market?
BrExit is the Britain's exit from the European Union. They are going for a poll, and the outcome will decide, whether UK stays in the EU or moves out of EU.

Britons want UK to be out of EU for 3 reasons

1. They think their sovereignty is compromised
2. Other poor performers are dragging them down like Greece, they can do better on their own.
3. Liberal Migration, easy Visa rules,… Terrorism, multiculturalism, unemployment.

The Background & Facts:
Before Joining EU, UK was the least performing economy in G7, Japan, Germany, Italy, France, Canada, US, & UK
Now after EU, UK is the fastest growing in G7
Experts Estimate that the UK economy will shrink by 2.8 to 7.5% , average 5% … that is HUGE …..
Exit polls say 45% vote for Exiting and 47% for remaining in EU… very close…..

See how this will impact the prices.
Hope you are in the Profits, due to Brexit.
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