MUFG analysts are expecting that the main focal point for markets this week will be on Wednesday’s votes in UK parliament on fresh Brexit amendments. Key Quotes “Most notably, the updated Cooper-Letwin amendment which seeks to force the government to extend Article 50 if they can’t pass a Brexit deal by the 13th of March.” “Reports indicate more optimism that Cooper-Letwin amendment may pass this time, after having been rejected at the end of Jan in its first iteration.” “It could help lift cable towards 1.3300 level if passed. But, if MPs pass up opportunity to “take No Deal off the table” for the second time by voting down the amendment, market participants may not as forgiving with time quickly running out. It could see cable quickly falling back towards support from its 55-day moving average at 1.2850.” 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 BofAML: Bearish on NZD/USD, bullish on USD/CAD FX Street 4 years MUFG analysts are expecting that the main focal point for markets this week will be on Wednesday's votes in UK parliament on fresh Brexit amendments. Key Quotes "Most notably, the updated Cooper-Letwin amendment which seeks to force the government to extend Article 50 if they can't pass a Brexit deal by the 13th of March." "Reports indicate more optimism that Cooper-Letwin amendment may pass this time, after having been rejected at the end of Jan in its first iteration." "It could help lift cable towards 1.3300 level if passed. But, if MPs pass up opportunity to "take No Deal off… 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.
