EU may offer British PM a UK-wide customs union | Forex Factory

  • EU may offer British PM a UK-wide customs union

    From rte.ie

    The EU will offer British Prime Theresa May a UK-wide customs union as a way around the Irish backstop issue, but it will have to be negotiated beyond the Withdrawal Agreement as a separate treaty, RTÉ News understands. The Withdrawal Agreement will contain a specific commitment to a UK-wide customs arrangement by way of a legal article, but that commitment will say that a formal EU-UK customs union will require a separate agreement. However, the EU, and the Irish Government still insist that a Northern Ireland-specific backstop remains in place, even if a separate UK-wide customs arrangement is negotiated.

Comment Options
conglomerate
Oct 23, 2018 6:55am
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Good. This is good solution for UK. This should be as good news for UK. EU is very kind
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Not-KPMG
Oct 23, 2018 8:28am
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Quoting Guest
{quote} Technicals indicate a rise, but fundamentals also indicate a rise. All pessimism is already factored into the markets, and bears are waiting for excuses to take their positions off. GBP long, long term and short, is correct. Good luck to any day trading muppets who take any short "opportunities". Lol.
Get an account, anonymous lard, so people can ignore you....
Or..... I seeee.... You're Online Addict!!!!!!
Reply
nbfx
Oct 23, 2018 8:02am
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Quoting conglomerate
Good. This is good solution for UK. This should be as good news for UK. EU is very kind
Don't be daft. EU is not being kind. They are slowly manipulating a way of keeping UK tied in and permanently stuffed by their dictats. EU is being far from kind...
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nbfx
Oct 23, 2018 8:26am
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barkie - I promise not to miss you once we're gone. You have without doubt been a shining example of the caring respectful courteousness we have over the last 40 odd years come to expect from the EU and you've demonstrated these virtues in such plenitude that should be more than sufficient to make even the most ardent remainer want to leave...
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mae4206
Oct 23, 2018 7:00am
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another fake news......
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OnlineAddict
Oct 23, 2018 7:28am
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Quoting Zakattack
long term GBP will fall, short term it is on the rise, I think for now
Long term it will fall? Did you check monthly? Its bottoming...when its done, the rise will kill most martingale retailers.
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Zakattack
Oct 23, 2018 6:53am
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FLY GBP FLY
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Zakattack
Oct 23, 2018 7:04am
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whether it is news or rumors, it will make gbp rise
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Zakattack
Oct 23, 2018 7:13am
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long term GBP will fall, short term it is on the rise, I think for now
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barkie
Oct 23, 2018 8:54am
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Quoting nbfx
barkie - I promise not to miss you once we're gone. You have without doubt been a shining example of the caring respectful courteousness we have over the last 40 odd years come to expect from the EU and you've demonstrated these virtues in such plenitude that should be more than sufficient to make even the most ardent remainer want to leave...
Britain's public finances worse than Gambia, Uganda and Kenya IMF finds.

Well, excuse me for wanting the UK out of my country ASAP, we prefer not to collapse as a result of the UK's financial shambles (and don't let me even start about the 4 trillion pension deficit). It's an absolute horrorshow!

Leave in March and we can be mates again.

https://www.independent.co.uk/news/b...-a8577671.html
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Lamplighter
Oct 23, 2018 8:43am
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The EU as an entity has testing times ahead. Brexit has to be bagged and tagged so that the commission is not overstretched with the other issues now knocking hard at it's door. Italy case in point. IMO flexibility has to be seen in all these dealings - principals still can stand but not be driven by a political expediency, masquerading as the normalised status quo. Change is inevitable the key is to be able to see clearly where you want to be and to what degree of shared autonomy you want to have.
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Wayne2401
Oct 23, 2018 9:59am
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Quoting barkie
{quote} Not really. UK has to pay a whopping £5bn extra if it decides NOT to leave, we WILL punish you if you won't get lost in March. Reality sucks sometimes. https://www.dailymail.co.uk/news/article-6269753/Britains-EU-membership-fee-5bn-Brexit-reversed.html
What happened to the 100 billion Plus you confidently and repeatedly predicted you would get? Less than 40% if you are lucky!
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Bones
Oct 23, 2018 10:48am
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no chart
no such pattern
but at least he looks at monthly
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dean1star
Oct 23, 2018 7:02am
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eu may it says so i guess it means eu and may together might like to hear some fake news
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ashimkhan
Oct 23, 2018 8:29am
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Bexit news play trader thinking
U look market down but it's up
U look up market is down
Long time same news on & market is mad
So long time go out for GBP trader
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andinurhasan
Oct 23, 2018 6:54am
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"party starter"
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Trader#628C
Oct 23, 2018 7:14am
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I think that five rate increases, as the Fed said, will raise the dollar higher in the near future.
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ArvONs
Oct 23, 2018 7:30am
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You should shut up and work.
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Not-KPMG
Oct 23, 2018 8:25am
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It's nice to see how few people (the EU folks) stand up to bullies and call their bluffs- the Brexpupeteers .

Somehow then the Brexpupetiers get "sensitive " and "hurt". And backtrack as all bellies do...

But ofcourse EU doesn't want or need the Uk back.
Deficit many trillion, devaluing that pound.
No thanks.

So all Brexit softexit gooey lies are...lies
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Not-KPMG
Oct 23, 2018 8:43am
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Well, spikes is the name of the game

Did this chart 2-3 weeks ago...

https://www.forexfactory.com/attachment.php?attachmentid=3053963&d=1540292327


Girls in the office started to kiss me on sight and bring me beer.

I must have done good chart
🍻
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OnlineAddict
Oct 23, 2018 10:28am
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Quoting Guest
{quote} How can it be bottoming when there is no deal in sight? Unless one has a crystal ball or the usual culprit of fat fingers, GPB is simply going to swing until equilibrium! aka the day of deliberation of brexit. I still have not long at 1.32 tbh!
Chart doesn't care about this kind of crap, if it bottoms, it bottoms and nothing will stop GU from going up, all the negative messages will be just quick ways to re-load new longs. Ignore the noise, look at the chart and use FF purely as entertainment.
Reply
Not-KPMG
Oct 23, 2018 2:49pm
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Quoting Guest
{quote} Are you still holding on to your 1.32 long from previous discussions? I remember you were an advocate of 1.32 long previously..... side quackers... .
Golly Molly

Oh not again, this 1.3240 or 3250 was hilarious for a month but getting.... more hilarious

When GU goes to 1.25 and then 1.20 I'll portrait mr. OnlineLongAddict as a cannibal on some island, chewing old shoes....and holding a sign 1.32 COMING


Promise!!!

Guys,
In Cable thread, not here, funny discussions there, for eternity
Reply
Not-KPMG
Oct 24, 2018 4:41am
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We may break 1.29 today or Thursday.


Quoting OnlineAddict
{quote} Yes, there will be 1.45, I never said a 1500 pip move would come soon, I am not trading demo like you. It may take months or a year, I don't really care, I will keep buying the dips and.....few lies here by O.Add...... Good advice!
I'm saving this in my notes.
I'll laugh and pull it occasionally
The small trader with big target and bigger mouth
LOL
Reply
barkie
Oct 23, 2018 8:13am
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Quoting nbfx
{quote} Don't be daft. EU is not being kind. They are slowly manipulating a way of keeping UK tied in and permanently stuffed by their dictats. EU is being far from kind...
Not really. UK has to pay a whopping £5bn extra if it decides NOT to leave, we WILL punish you if you won't get lost in March. Reality sucks sometimes.

https://www.dailymail.co.uk/news/article-6269753/Britains-EU-membership-fee-5bn-Brexit-reversed.html
Reply
Lamplighter
Oct 23, 2018 7:59am
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Peeps will start to see how pragmatism trumps emotion in the end. The UK/EU model will just be a new benchmark of how to fashion a deal/agreement such that consensus is the norm. Just got to find an appropriate acronym for whatever is turns out to be... CUKTA?!
Reply
Lamplighter
Oct 23, 2018 8:44am
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Quoting bshappens
Separate customs treaty would have to be negotiated anyway or usual tariffs for third countries come in place. But I wonder what kind of tariffs would be in place in this new customs agreement. (surely not without tariffs or..?)
Probably as equal to those the EU has with Singapore.
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funshow602
Oct 23, 2018 6:59am
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Long on Pounds Majors
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abtvah
Oct 23, 2018 7:10am
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Another noise in trades, GBP will fall back
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Idoscon
Oct 23, 2018 7:59am
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circus, EU ending
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Trader#3E9E
Oct 23, 2018 11:06am
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Quoting OnlineAddict
{quote} Chart doesn't care about this kind of crap, if it bottoms, it bottoms and nothing will stop GU from going up, all the negative messages will be just quick ways to re-load new longs. Ignore the noise, look at the chart and use FF purely as entertainment.
Are you still holding on to your 1.32 long from previous discussions? I remember you were an advocate of 1.32 long previously.

Until I can see an Eilliot wave hitting 1.32, then I might change my mind. There is all these side quackers who are just messing up the market each day.
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Not-KPMG
Oct 23, 2018 7:49am
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....and pigs may fly...


What's OnlineAddi doing?? Can't read him - absolute ignore option
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mae4206
Oct 23, 2018 9:27am
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never give a spike to strong usd or you will end up like a fool
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Koop
Oct 23, 2018 7:58am
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Quoting XuMar
After I closed all my long positions, then this fuking new show up

lol same dilemma. crazy
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xy76
Oct 23, 2018 7:01am
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Well, BRINO it is, then.
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XuMar
Oct 23, 2018 7:53am
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After I closed all my long positions, then this fuking new show up
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bshappens
Oct 23, 2018 8:41am
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Separate customs treaty would have to be negotiated anyway or usual tariffs for third countries come in place. But I wonder what kind of tariffs would be in place in this new customs agreement. (surely not without tariffs or..?)
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Arctic-Pro
Oct 23, 2018 7:16am
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good for both me thinks
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funshow602
Oct 23, 2018 7:21am
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@Zakattack, I think for the whole of today, GBP will rise.
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Trader#3E9E
Oct 23, 2018 10:23am
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Quoting OnlineAddict
{quote} Long term it will fall? Did you check monthly? Its bottoming...when its done, the rise will kill most martingale retailers.
How can it be bottoming when there is no deal in sight? Unless one has a crystal ball or the usual culprit of fat fingers, GPB is simply going to swing until equilibrium! aka the day of deliberation of brexit.

I still have not long at 1.32 tbh!
Reply
Trader#EE90
Oct 23, 2018 7:51am
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Quoting OnlineAddict
{quote} Long term it will fall? Did you check monthly? Its bottoming...when its done, the rise will kill most martingale retailers.
Technicals indicate a rise, but fundamentals also indicate a rise. All pessimism is already factored into the markets, and bears are waiting for excuses to take their positions off. GBP long, long term and short, is correct. Good luck to any day trading muppets who take any short "opportunities". Lol.
Reply
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