Here’s Why GBP Soared on May’s Hard Exit Plans
Daily FX Market Roundup 01.17.17
Who would have thought that Prime Minister May’s plans for a hard exit from the European Union would trigger the strongest one day rally for the sterling versus the U.S. dollar since 2008?
A lot was said in this morning’s speech but at the end of the day, there were 4 main takeaways:
1. Britain is not seeking partial membership of EU – No Half In, Half Out
2. May won’t be…Continue
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