Brexit = uncertainty until 2020.
USD = rate hikes, fiscal stimulus, normal mean reversion of 10Y term premium, $10 trillion global dollar debt.
This divergence should continue to push GBPUSD lower, even if the BoE decides to hike rates in the face of rising CPI.
USD = rate hikes, fiscal stimulus, normal mean reversion of 10Y term premium, $10 trillion global dollar debt.
This divergence should continue to push GBPUSD lower, even if the BoE decides to hike rates in the face of rising CPI.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.