Pound Keeps Pricing Out that Tail Risk

Next 24 hours: Pound Keeps Pricing Out that Tail Risk

The Pound continues to shine as the star performer in an FX market otherwise disinterested in doing much at all. The latest wave of demand back through 1.3000 in the Cable rate has been driven on chatter that it was highly likely an amendment would be backed to prevent a no deal Brexit. ECB decision due Thursday.

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