In focus: UK policy — Nomura

FXStreet — The market analysts at the Japanese investment Bank Nomura noted that the UK policy was in the spotlight this week. The advantage of the Conservatives together melted around the Prime Minister Theresa May to Labour in the course of the week, continuously.

Important Quotes:

In the case of a victory by Labour, we believe that the pound Sterling is first to suffer a broad-based bout of weakness. To blame the resulting uncertainty. However, this may go to the saving policy of the country to an end and the hopes of a soft Brexit would have higher real interest rates, which in turn implies a higher pound Sterling.

** FXStreet News Editorial, FXStreet**

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