Analysts at Nomura point out that UK politics was in the spotlight this week, with the surprise resignations of Brexit Secretary David Davis and Foreign Secretary Boris Johnson. Key Quotes “The Chequers agreement is clearly a move towards a softer Brexit, in our opinion, with room to be softened further. However, near term the market will likely continue to balance this with the prospects of a leadership challenge for Theresa May.” “We cut GBP/CAD shorts this week with much uncertainty ahead, but as soon as we have a clear signal that Theresa May can bat on without the Brexiteers holding her back GBP should start heading higher. But things may get worse before they get better.” 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 EUR/USD expected to remain sidelined near term – UOB FX Street 5 years Analysts at Nomura point out that UK politics was in the spotlight this week, with the surprise resignations of Brexit Secretary David Davis and Foreign Secretary Boris Johnson. Key Quotes "The Chequers agreement is clearly a move towards a softer Brexit, in our opinion, with room to be softened further. However, near term the market will likely continue to balance this with the prospects of a leadership challenge for Theresa May." "We cut GBP/CAD shorts this week with much uncertainty ahead, but as soon as we have a clear signal that… 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.
