GBP – Sterling rebounds on hopes for Brexit Boris Johnson’s strong preference appears to be to agree a deal at the key EU Summit that he can take to parliament. The hope for a breakthrough at this EU Summit led sterling sharply higher at the end of last week. The UK government has called for a special session of parliament for next Saturday after the summit to allow the PM to report back. If a deal is not imminent by then, the ‘rebel alliance’ will renew demands that he asks the EU for an extension to the exit date. We
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2018 brought more than their fair share of political and economic surprises and their impact on currency markets has been substantial. And 2019 is shaping up to be equally interesting.
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