GBP: Trump Win Triggers Repricing Of Brexit Risk Premium

Published 11/13/2016, 01:56 AM
Updated 05/14/2017, 06:45 AM
EUR/GBP
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GBP has rallied significantly since Trump won the US presidential election. A closer economic relationship between the UK and US in the future justifies a lower Brexit risk premium priced on GBP.

We are currently reviewing our EUR/GBP forecast but expect EUR/GBP to settle in the range of 0.83-0.88 in the near term.

We are currently sidelined on GBP but would look for opportunities to sell GBP against USD or EUR if the rally continues.

To read the entire report Please click on the pdf File Below

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