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GBP/USD gapped lower at the start of the new week and briefly fell below the 1.20 handle on reports over the weekend that PM May is expected to announce an end to Britain’s participation in the single market.
January 16,2017
The FX market has spoken, and, as of Sunday night, it is not confident that Theresa May can deliver the necessary clarity and confidence when she lays out her Brexit plans in a speech on Tuesday.
January 16,2017
Eggheads at HSBC have been busy designing a ‘Brexometer’ to tell them where we are on a gauge of ‘Hard’ to ‘Soft’ Brexit.
January 15,2017
Analysts at Citi - the world’s largest foreign exchange dealer - have confirmed to clients they are bearish on the Pound-Dollar exchange rate.
January 11,2017
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