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Despite the ruling being kept under-wraps until 10:00, looking at GBP/USD it started rising at 09:20 suggesting it leaked at that time.
by throwawayReply 10y ago
Despite the ruling being kept under-wraps until 10:00, looking at GBP/USD it started rising at 09:20 suggesting it leaked at that time.
- andysinclair 10y agoServices PMI was released at 9:30 which caused a small move up, then around 10 when the A50 ruling was announced there was extreme volatility. I can't see any indication of a leak. Overall I can't see Parliament voting to remain, the ruling has only really delayed he process. It may result in a "softer" Brexit, maybe this is why the GBP has risen?
- pjc50 10y agoI can; there are just enough Tory potential rebels to make it happen, led by Ken Clarke. I think that a big part of the reason article 50 hasn't been triggered already is that a lot of people know deep down that it's going to be a disaster in the long term and their names will live in infamy. Just as we invoke the name of Vidkun Quisling to this day. But at the same time they know that not doing so will be unpopular in the short term. They're in a comparable position to #NeverTrump republicans.
- deleted 10y ago[deleted]