Currency Check: Winners and Losers of a Brexit

The video discusses the potential market reactions to Brexit, focusing on the implications for currency pairs like Euro Sterling and Sterling Aussie. It explores the role of the Japanese Yen as a safe haven and the potential interventions by the Bank of Japan. The video also highlights the liquidity concerns surrounding the pound and advises caution in trading during uncertain times.

What is the expected impact on euro sterling if the vote is to leave?

• It will become highly volatile.

• It will likely decrease in value.

• It will remain stable.

• It will see a significant increase.

Which currency pair is mentioned as having potential opportunities in a leave vote scenario?

• Sterling Yen

• Sterling Aussie

• Dollar Yen

• Euro Dollar

Why is the Japanese yen considered a safe haven in the context of a leave vote?

• It is less volatile than other currencies.

• It is supported by the Bank of Japan's policies.

• It is a traditional safe haven currency.

• It is backed by strong economic fundamentals.

What is the Bank of Japan likely to do if the yen strengthens significantly?

• Increase interest rates

• Reduce liquidity

• Encourage foreign investment

• Intervene in the market

What is the current state of pound liquidity according to the transcript?

• Highly liquid

• Moderately liquid

• Increasing steadily

• Next to nonexistent