{"id":20188,"date":"2019-09-03T09:03:19","date_gmt":"2019-09-03T08:03:19","guid":{"rendered":"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.co.uk\/?p=20188"},"modified":"2020-05-12T10:56:18","modified_gmt":"2020-05-12T09:56:18","slug":"mounting-uncertainty-weakens-pound","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/nl\/mounting-uncertainty-weakens-pound\/","title":{"rendered":"Mounting Uncertainty Weakens Pound"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>GBP: <\/strong>Sterling is near its weakest against the U.S. dollar in more than three years, amid mounting uncertainty as British lawmakers prepared to vote on the first stage of a plan to block Prime Minister Boris Johnson from pursuing a no-deal Brexit..<!--more--><span id=\"more-32986\"><\/span><\/p>\n<p style=\"text-align: justify;\"><strong><a href=\"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.co.uk\/newsletter\" class=\"broken_link\">Sign up to our free newsletters<\/a><\/strong><\/p>\n<hr \/>\n<p style=\"text-align: justify;\"><strong>RationalFX<\/strong><\/p>\n<hr \/>\n<p style=\"text-align: justify;\">Johnson\u2019s opponents plan to put forward a vote that would enable them to seize control of the parliamentary agenda on Wednesday to try to pass legislation that would force Johnson to seek a three-month delay to Britain\u2019s EU exit.<\/p>\n<p style=\"text-align: justify;\">Rebel Conservative MPs are expected to try to legislate to force Prime Minister Boris Johnson to look for a Brexit extension in mid-October, if he is unable to strike a deal with Europe.<\/p>\n<p style=\"text-align: justify;\">Johnson has, in turn, threatened a snap election if their bid succeeds. Johnson has made it clear that if the government was defeated, it would hold a vote on Wednesday to approve an early election, most likely to be held on Oct. 14.<\/p>\n<p style=\"text-align: justify;\"><strong>EUR<\/strong><\/p>\n<p style=\"text-align: justify;\">The euro fell to its weakest in more than two years against the dollar after a survey on Monday showed European manufacturing contracted for seven straight months, reinforcing expectations that the European Central Bank will ease monetary policy.<\/p>\n<p style=\"text-align: justify;\">The ECB\u2019s Governing Council holds its next monetary policy meeting on Sept. 12 and has all but promised a stimulus package, with economic growth faltering amid a global trade war and Germany\u2019s manufacturing sector already in recession.<\/p>\n<p style=\"text-align: justify;\">Market expectations are that it will carry out several interest rate cuts in the coming year, along with a fresh round of bond purchases, commonly known as quantitative easing.<\/p>\n<p style=\"text-align: justify;\"><strong>Key Announcements <\/strong><\/p>\n<p style=\"text-align: justify;\">15:00 \u2013 USD \u2013 ISM Manufacuring PMI expected to remain at 51.2<\/p>\n<p style=\"text-align: justify;\">Source : ETFWorld.co.uk<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GBP: Sterling is near its weakest against the U.S. dollar in more than three years, amid mounting uncertainty as British lawmakers prepared to vote on the first stage of a plan to block Prime Minister Boris Johnson from pursuing a no-deal Brexit..<\/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-20188","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\/20188","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=20188"}],"version-history":[{"count":2,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/20188\/revisions"}],"predecessor-version":[{"id":20190,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/20188\/revisions\/20190"}],"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=20188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/categories?post=20188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/tags?post=20188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}