Nordea Markets analysts note that the GBP has rallied even though the market still holds an exit by 1st of November as the base case(>50% probability in prediction markets), and most of the rally was fuelled by Merkels comments in Hague that a solution can be found before 1st of November. Key Quotes “It seems as if Merkels comments refuelled the optimism around a possible alternative arrangement to the back-stop before 1st of November. We find those comments terribly over interpreted and give such a scenario roughly the same probability as the odds of Trump buying Greenland before that same date. Zero!” “After all it has been the (almost) sole discussion point in negotiations in more than a year, and no one (not even BoJo) has been able to present an alternative solution. Either they will leave without a deal (which most likely requires a general election first) or else we get another postponement, with the latter being the most likely scenario.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next France’s Macron: Trump told leaders he wanted to strike a deal with China FX Street 4 years Nordea Markets analysts note that the GBP has rallied even though the market still holds an exit by 1st of November as the base case(>50% probability in prediction markets), and most of the rally was fuelled by Merkels comments in Hague that a solution can be found before 1st of November. Key Quotes "It seems as if Merkels comments refuelled the optimism around a possible alternative arrangement to the back-stop before 1st of November. We find those comments terribly over interpreted and give such a scenario roughly the same probability as the odds of Trump buying Greenland before that same… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
