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Sterling could be the best-performing G-10 in 2019 – Goldman Sachs

The British Pound could turn out to be the best-performing G-10 currency of this year, as the recent developments are pointing toward a softer Brexit, Zach Pandl, co-head of global currency and emerging-market strategy at Goldman Sachs told Bloomberg.  

Key quotes

We would read the developments over the last week as pointing toward a later, softer Brexit or potentially no Brexit at all.

We think it’ll be the highest-performing G-10 exchange rate this year.

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