Why the market is down in the aftermath of Brexit, but traders are still making a lot of money
A day trading session on the London Intercontinental Exchange (LIE) was one of the busiest of the year.
But the session was not an all-time high for the British market.
It was the lowest number of participants since May 1, 2018, when more than 3,000 traders made a bid for the day.
On Wednesday, however, the markets opened higher.
Traders took a short position in the futures of the euro against the dollar and yen and traded their positions to the ticker.
That helped the euro recover slightly against the U.S. dollar, while the dollar fell against the greenback.
And the futures markets on Wednesday saw another sharp rally in the euro, hitting a record high of $1.1531 against the British pound, compared with a one-month low of $96.40.
That move helped the pound rally slightly, while also helping the euro rally, which dropped below $1 a pound.
The euro rose 0.1 percent to $1:1.5086.
But for many traders, the biggest gains came from the long-dated U.K. pound, which gained 0.3 percent to a record low of £1.0349.
For the day, the pound rose 0,1 percent against the Japanese yen.
The day’s biggest rally came on Wednesday from the U-Khan, a currency swap that would be used to trade for U.k. shares.
That traded for about $20 million, but it was still far from a record for a U-khan trade.
U.ksan has now traded for more than $6.7 billion.
The U. khan trade was down from a high of about $18 billion a day earlier, and it was down nearly 20 percent from the highs of May.
That was enough to push the pound down to $2.879 from $3.1.
A major factor that helped the long term price rise was the U.-Khan swap, which was used to sell U.s for U-kos in the UK.
But that trade has since been traded for less than $1 million, a loss of about 2 percent.
The long-term move in the yen, on the other hand, was a major rally for the Japanese currency, which rose by more than 20 percent to about 93.5 yen against the euro.
The Japanese exchange rate jumped about 1 percent against its euro peers.
That pushed the yen up about 0.5 percent against a basket of currencies, while adding to the gains in the pound.
On Thursday, the European Central Bank said it would be raising interest rates on Thursday, and that it expected the move to be “accelerated” in the second half of next year.
The pound’s decline on Wednesday was the biggest since early August, when the currency was up more than 2 percent against other major currencies.
The British pound has lost almost a third of its value against the other major world currencies since then.