Comments from Rodrigo Catril, NAB’s currency strategist, explaining how the latest headlines of the UK’s attempt to avoid a hard-landing Brexit scenario will result in a spike in volatility for the Sterling in the near-term. Key quotes “The agreement of a new ‘backstop’ as a last resort has been interpreted by the market as a positive […] The post Brexit ‘wrangling’ could keep the GBP volatile for now – NAB appeared first on Forex Crunch.
Latest posts by Forex Crunch (see all)
- Scotland’s Sturgeon: We cannot waste any more time for a second referendum - January 15, 2019
- GBP/USD buy the fact as Brexit deal rejected by a whopping 432:202 margin - January 15, 2019
- AUD/USD stuck near 0.7200 as Pacific traders wait for a push - January 14, 2019