UK ASSETS – Brexit banter still largely driving sentiment

Sentiment remains broadly based on Brexit-related headlines, especially for the more sensitive, volatile and responsive Gbp. Indeed, Sterling’s roller-coaster ride continues, with the latest move in FX markets down vs major trading partners on a quasi-denial of earlier reports offering the UK an olive branch or at least a phased parting of the ways from the EU. Cable down some 70 pips from best levels and Eur/Gbp back over 89.00, while Gilts and Short Stg have recouped some losses, but remain soft against counterparts.

13 Oct 2017 - 11:36- Forex- Source: RANsquawk

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