Is the Market Reconsidering Euro Bets?

LMAX Group Research Desk LMAX Group

The Pound hasn’t done much in reaction to the well telegraphed Article 50 trigger, though volatility is to be expected going forward as negotiations kick off. Meanwhile, the Euro has come under pressure on a story the ECB mishandled its March meeting message, while risk currencies have been propped on the US stock market recovery.

Five day performance v. US dollar

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LMAX Group Research Desk

LMAX Group

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