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EUR/USD ANTICIPATING BREXIT OUTCOME

For a moment, it looked like the Market had already accepted that the BREXIT outcome will be Normal for Trade, allowing the Euro to begin its recovery against the US Dollar. Then the doubt crept back in. My curves still show 1 April 2019 as the date for the bottom of the EUR/USD curve. However, if the negotiations on British Exit reach an earlier certainty of outcome, this date could be anticipated.

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