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May’s Brexit deal does not mean its time to long the Pound

From forextime.com

The past trading day offered one of those rare occasions in financial markets of late where neither trade tensions, emerging market weakness, President Trump, Italy nor prolonged strength in the Dollar was the main subject driving market sentiment. Instead, a familiar theme burst back onto the headline scene with this being Brexit. After several months of protracted negotiations between the United Kingdom and the European Union, UK Prime Minister Theresa May took the stage and participated in a five-hour cabinet meeting to secure approval for her Brexit deal. It was not a simple event and there is high speculation ... (full story)

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  • Category: Fundamental Analysis