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Pound Volatility Surges as Traders Look to Next Brexit Hurdles

  • Volatility in sterling increases across short-dated tenors
  • Uncertainty may ‘cap appetite’ for the pound: Credit Agricole
Bloomberg business news
Investec’s Philip Shaw discusses Theresa May’s Brexit deal and its impact on the pound.(Source: Bloomberg)
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Volatility in the pound jumped as traders looked ahead to the next hurdles on the path toward a Brexit deal.