{"id":20102,"date":"2019-07-30T08:28:10","date_gmt":"2019-07-30T07:28:10","guid":{"rendered":"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.co.uk\/?p=20102"},"modified":"2020-05-12T10:56:40","modified_gmt":"2020-05-12T09:56:40","slug":"sterling-sinks-to-a-two-year-low","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/nl\/sterling-sinks-to-a-two-year-low\/","title":{"rendered":"Sterling Sinks To A Two-Year Low"},"content":{"rendered":"

GBP:<\/strong> Sterling fell to a new two-year low yesterday due to the growing chance that new Prime Minister Boris Johnson could trigger a chaotic UK exit from the EU which sent the currency tumbling.<\/span><\/p>\n

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RationalFX<\/strong><\/p>\n

\n

….The Pound fell to levels not touched since mid-March 2017 in the aftermath of the triggering of Article 50 as investors repriced the chances of a disruptive exit from the EU.<\/p>\n

Foreign Secretary Dominic Raab said the UK is \u201cturbo-charging\u201d it\u2019s no-deal Brexit preparations in time for 31 October.<\/p>\n

He said that any deal between the UK and the EU must not include the \u201cundemocratic\u201d so-called Irish backstop which had been a sticking point in former Prime Minister Theresa May\u2019s Brexit deal.<\/p>\n

May\u2019s deal was rejected three times, fearing the arrangement would tie the UK into a customs union with the EU for an indefinite period of time.<\/p>\n

Downing Street added to the air of pessimism when it said Boris Johnson would not meet EU leaders to discuss a revised deal unless they accepted his preconditions: that the withdrawal treaty be reopened and the controversial Irish backstop scrapped.<\/p>\n

Raab’s comments follow Michael Gove saying the government was \u201coperating on the assumption\u201d that the UK would leave without a deal on Halloween.<\/p>\n

Gove said that there would be \u201cno ifs, no buts, no more delay\u201d about quitting the bloc regardless of whether the UK has a deal or not.<\/p>\n

Following Johnson\u2019s election victory last week, EU Brexit negotiator Michel Barnier indicated he would not abandon the bloc\u2019s red lines in negotiations so far.<\/p>\n

Key Announcements <\/strong><\/p>\n

None<\/p>\n

Source : ETFWorld.co.uk<\/p>\n","protected":false},"excerpt":{"rendered":"

GBP: Sterling fell to a new two-year low yesterday due to the growing chance that new Prime Minister Boris Johnson could trigger a chaotic UK exit from the EU which sent the currency tumbling.<\/p>\n","protected":false},"author":4,"featured_media":18258,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[320],"tags":[322,321,278],"class_list":["post-20102","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-analysis","tag-gbp","tag-rationalfx","tag-sterling"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/20102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/comments?post=20102"}],"version-history":[{"count":1,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/20102\/revisions"}],"predecessor-version":[{"id":20103,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/20102\/revisions\/20103"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media\/18258"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media?parent=20102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/categories?post=20102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/tags?post=20102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}