XE Market Analysis: Is "No Brexit" Still an Option?

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OVERVIEW

  • The pound is stronger on ‘soft or no Brexit’
  • The Aussie Dollar is weaker on ‘risk off’ sentiment 
  • Turkish Lira dips after Trump comments

HIGHLIGHT

The pound is stronger today and continues to trade around a 7-week high against the US Dollar. Reports have surfaced this afternoon that many Tory lawmakers may look to back Theresa May’s Brexit deal rather than see no Brexit deal at all. Tomorrow will undoubtedly be a big day for the pound.