What is the pound’s rally saying about investors’ view of Brexit?

The currency appreciation is positive for sentiment towards UK shares
Thursday 31 Jan 2019 Author: Daniel Coatsworth
Sterling is considered to be the ultimate barometer for Brexit and the currency movement is currently telling us that the market has become more optimistic about how the UK/EU split process will play out. The pound has increased by 4.7% against the US dollar, and by 4.1% against the euro, between 10 December 2018 when UK Prime Minister Theresa May delayed the UK parliament vote on her Brexit deal...

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