Rabobank: cable volatility here to stay, even with soft Brexit
Jane Foley, head of FX strategy, holds a cable view for 2017 of $1.20 and $1.19 for Q1 and Q4, respectively
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Volatility in cable is likely to remain significant in the coming months, as political uncertainty in the UK over the timing and conditions of its exit from the European Union will continue to put pressure on sterling, says Jane Foley, head of FX strategy at Rabobank, which topped FX Week's three-month forecast rankings tables.
Following the November 3 ruling by the High Court, after which the UK government will need parliamentary approval before triggering Article 50
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