If a no-deal Brexit is likely, what could it mean for sterling?

Columbia Threadneedle
Door augustus 23, 2019 11:03

If a no-deal Brexit is likely, what could it mean for sterling?

The leadership change in UK government has brought a change of Brexit direction. While the pound has adjusted to reflect an increased likelihood of a no-deal Brexit, volatility markets still discount a further extension of the deadline as their central scenario. The UK’s current account balance has also deteriorated, which could have a significant impact on the currency in the event of no deal

Columbia Threadneedle
Door augustus 23, 2019 11:03

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