Loading time for NFP & Brexit
As the dust begins to settle from PM May's speech pointing to a softer Brexit, we are reaching the final stages of the rally in Cable. For those who have been following the idea chapters here live on Tradingview you will know we are approaching the infamous "loading zone" for the 10th + time.
On the dollar side, even if the US cyclical story is slowing and the Fed is moving gears to neutral, the US remains the best place to park for investors ... so any repricing in rate differentials has not and will not matter moving forward.
Best of luck those positioning in UK assets for the final countdown.
On the dollar side, even if the US cyclical story is slowing and the Fed is moving gears to neutral, the US remains the best place to park for investors ... so any repricing in rate differentials has not and will not matter moving forward.
Best of luck those positioning in UK assets for the final countdown.
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