Viktor Nossek, director of research at WisdomTree in Europe, looks at the potential impact on gilts from further weakening or volatility in the UK currency over the long term.
Expectations of a hard Brexit that triggered the marked devaluation of sterling last year have effectively reversed since a now noticeably weakened Prime Minister Theresa May in charge of a minority government...
The US dollar is close to peaking and the risks now seem to be on the downside.
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