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  • Johnson Asks EU for Brexit Delay, But Hopes He Won’t Need It

    From bnnbloomberg.ca

    Boris Johnson is sending the letter to Brussels he never wanted to write. Bound by a law passed by opposition Members of Parliament, he will formally ask the European Union to delay Brexit until Jan. 31, according to a person familiar with the matter. At the same time, he pledged to push on with his plans to leave by his Oct. 31 deadline. Johnson spoke to European Council President Donald Tusk this evening and confirmed that the letter would be sent before tonight’s deadline, an EU official said. Tusk will then start consulting EU leaders on how to react, which may take a few days. A unanimous vote is required to ... (full story)

"Johnson Asks EU for Brexit Delay, But Hopes He Won’t Need It".

Hope he won't need it?
Is he kidding?

He's simply backing slowly away from his "heroic" initial position of exit EU or find me in a gutter.

Nothing changes in politics....
Come with me if you want to live....
Quoting Ill-b-back
"Johnson Asks EU for Brexit Delay, But Hopes He Won’t Need It". Hope he won't need it? Is he kidding? He's simply backing slowly away from his "heroic" initial position of exit EU or find me in a gutter. Nothing changes in politics....
Exactly what happened to “no deal exit on 31/10? Just lost his balls right there
Money is a part of what turns you into who you are.
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And the massive 500 pips gap down has disappeared... Who will be the first to close shorts?
Democracy comes with it's shackles! Had he had his way like a dictator, Brexit would be done and dusted. He is putting up a good fight, the bureaucracy of democracy is working against him. It's not easy being Boris Johnson. Most MPs just wanted to frustrate him after the parliamentary suspension fiasco. They are doing their personal revenge-will rather than the will of the people. After you say democracy is for the people...fascism in velvet gloves...
Quoting koziolq
{quote} Exactly what happened to “no deal exit on 31/10? Just lost his balls right there
All lies, bread and circuses.

😱😱😱😱😱

Scapegoat like May.
😨😨😨😨😨

Fire him tomorrow ,the plebs will be happy .

Done .
No Brexit (eventually ).
😨😨😨😨😨😨🙉🙉🙉🙉🙉😂😂😂😂
Beware of robber banks (RB), bad advisors.
Sooooo

I know someone who knows BoJo 😱😱😱😱👎👎 and he says he's crazy and clown but smart.
Sooooo

How he got here????

If he has balls he'd resign as Cameron did.....
And he has.

So he's bribed with something to botch Brexit. ?
Simple 😱😱😱😂😂😂😂😂

It's a guess
Beware of robber banks (RB), bad advisors.
Quoting danasa
Democracy comes with it's shackles! Had....
. After you say democracy is for the people...fascism in velvet gloves...
What democracy????!

I've not seen many 😱😱😱😨😨😨😨👎👎👎👎
Beware of robber banks (RB), bad advisors.
=another ambiguous week!
what a mess!
Be yourself
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Amazing, he was so adamant when he said he will not ask for a delay after the results in parliament today. haha

Anyways current exchange rates as of now

GBUS .2978

EUUS .1171

fiftyish pip move, but no huge 200 gap
There is no reason for GU to fall much. anyway what is clear with high possibility is that Johnson's deal will pass on Tuesday and GU will be back to channel 1.30 and then in range 1.32 - 1.35.
So if the deal passes Brexit is done ,if not it will be another vote on leave or no deal ? Because i don,t think the EU will negotiate another deal.
S
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Quoting koziolq
{quote} Exactly what happened to “no deal exit on 31/10? Just lost his balls right there
It is actually happening - there is a deal, so it will be "deal exit". There is also a delay, so it will not be on 31.10.
So there it is - no deal exit on 31.10 (but later).
Quoting sadeghi
There is no reason for GU to fall much. anyway what is clear with high possibility is that Johnson's deal will pass on Tuesday and GU will be back to channel 1.30 and then in range 1.32 - 1.35.
Why would the deal pass on Tuesday if it didn’t pass yesterday? I doubt there will be any significant changes in the deal package. There’s nothing more that could be done about this deal. The extension will be given for one and only one reason - that is to give the parliament time to decide what to do with the final deal package.
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
Quoting sadeghi
There is no reason for GU to fall much. anyway what is clear with high possibility is that Johnson's deal will pass on Tuesday and GU will be back to channel 1.30 and then in range 1.32 - 1.35.
Do you think that getting the deal is so easy like your thinking? No.
If it is so easy like that, we didn't have to wait for a lot of delays, and we had seen the Brexit happened from 31, March, and not to wait for this Tuesday as you said.
Quoting NotAtrader
{quote} Why would the deal pass on Tuesday if it didn’t pass yesterday? I doubt there will be any significant changes in the deal package. There’s nothing more that could be done about this deal. The extension will be given for one and only one reason - that is to give the parliament time to decide what to do with the final deal package.
That Johnson's deal will pass on Tuesday is clear, seems to me you didn't follow events well in these 4day ago.
Some ones that voted for Extension were fan of Johnson's deal, especially Letwin himself, he just believed that even in the event of passing BJ's deal, official stuffs which are needed take times more than 31 October. Besides, Extension is just in Jun 2020,
Johnson needs 320votes and he currently has them. you thought to yourself why The DUP voted for Extension?! Because they knew extension wouldn't pass if they abstain.
based on Telegraph, Independent and BBC, Johnson has enough votes to pass his deal.
Quoting vuxuanhung
{quote} Do you think that getting the deal is so easy like your thinking? No. If it is so easy like that, we didn't have to wait for a lot of delays, and we had seen the Brexit happened from 31, March, and not to wait for this Tuesday as you said.
No. I didn't think the way you said! it wasn't that easy you thought, this delay is different to previous extension, some ones who voted for extension were fan of Johnson's deal, the head of them was Letwin. this delay was just for giving more times to Johnson's deal to do some affairs that takes times over 31 Oct.
Besides, don't forget that Steve backer and Most ERG made their paths separated from DUP and this matter is determinant and this separating didn't happen before than this.
Quoting Guest
...es as of now GBUS .2978 EUUS .1171 fiftyish pip move, but no huge 200 gap
That's Friday prices, dumboooooo.

Sunday about 6-7 GMT they'll open the Asia markets.

😨😨😨😨🐢🐢🐢🐢🐢🐢👍👍
Beware of robber banks (RB), bad advisors.
So ,is this deal,no deal or stay 🤣
S
The Lethwin Amendment, which the government has chosen to characterise as a defeat for their new Deal is not that. It simply requires that the Government introduce and gain approval of ALL of the necessary enabling legislation BEFORE a seeking a final vote for its approval. In contractual terms this reduced the legal status of any Parliamentary approval of the Governments "Deal" Bill to that of a Letter of Intent.
In commercial terms this would be quite a reasonable course for company.
The Governments ire, is of course focused on the fact that it and PM Johnson's political rhetoric has been
a "Sh*t or Bust" undertaking to the brexit faction that UK would leave a "Deal or No-Deal" on 30th October.
To fail with that undertaking would destroy his and his Governments political credibility.

Technically in terms of the Bills reintroduction on Tuesday, this is entirely at the Speakers discretion and having already allowed Mays two failed attempts at reintroducing her deal, that's questionable. The DUP appear to have the balance of power yet again in the vote, and their track record in political compromise is ZERO. Ironically were the government to acknowledge and include the Lethwin Amendment in their new bill, for the sequencing of approval, I believe the bill may well be passed... but it would entail an extension (at EU27 discretion, which I dont believe they will be in a hurry to assure)

As a result IMHO GBP traders should retain high levels of caution next week.

As a purely personal observation, I marvel at the extraordinary moral and intellectual gymnastics on what stands for democracy in the UK, of those that see no problem in a minority UK Government, re-voting and revisit ing 5 times, their failures to gain Parliamentary approval for two different Withdrawal Agreements, while denying the UK voters (The People) any similar right to approve endorse any of them, or to revisit their 2016 marginal decision now 3 years old, to leave the EU in the face off unanimous polling in last year indicating that a clear majority have changed their minds and would if asked again would opt to remain.
Just a Thought
Warning: A Dangerous Subversive: 1% of comments CoCed
All he need to do is nothing as long as this game will never stop. That help us keep earning on money, isnt it )
BREAKING
from independent :
Foreign secretary Dominic Raab said he was now “confident” that Mr Johnson’s deal will receive parliamentary approval.

Mr Raab told BBC1’s Andrew Marr Show: “We now – nothwithstanding the shenanigans in parliament – appear to have the number to get it through
How I marvel at the spin and rhetoric some people will go to , anything to over turn a democratic decision in a one off referendum which was clearly stated at the time and endorsed by ALL parties and politicians .

The tactics , sniping and propaganda war which has ensued over the last 3 years in their attempt to over turn a democratic vote leaves a bitter taste . Their " true colours " have been shown throughout this whole process . More at stake than Brexit is that of " democracy " . If you can't change things at the ballot box via a democratic vote then you might as well be in a " dictatorship "

Just a thought

As a side thought most of the people who want to thwart the vote generally have a vested interest in staying in the EU .
Ehmmmm.... Just a thought .... @RossEdwards .... your thoughts are in order!! And @vancarbon: if the people are allowed to choose a govt of their choice, why should a "referendum" of such magnitude and close contest be cast in stones? .... Your thoughts therefore are .....
Gap up or Gap down ?
"The Window for Brexit May Already Have Closed

Parliament is delaying Johnson’s plan—and generational replacement has undercut its support."

https://www.theatlantic.com/ideas/archive/2019/10/can-brexit-survive-second-referendum/600382/?utm_medium=offsite&utm_source=yahoo&utm_campaign=yahoo-non-hosted&yptr=yahoo
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