Pound May Fall Below $1.15 on No-Deal Brexit, Lombard Odier Says

Pound May Fall Below $1.15 on No-Deal Brexit, Lombard Odier Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Wayground Content

FREE Resource

The video discusses the impact of Brexit on Euro Sterling, highlighting resistance and support levels. It explores potential outcomes of a no deal Brexit, including economic consequences and inflation spikes. The discussion also covers wealth destruction in the UK since the Brexit referendum, with a focus on house prices and valuation models. Finally, it compares the UK's potential economic future to Singapore's model, emphasizing political decisions and trade-offs.

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7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the significance of the 90 and 1:25 levels in Euro Sterling trading?

They are average trading levels.

They are resistance and support levels.

They are historical highs.

They are future predictions.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What could happen to the pound if a no-deal Brexit occurs?

It will stabilize.

It will rise significantly.

It will decline sharply.

It will remain unchanged.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does a no-deal Brexit potentially affect inflation?

Inflation will spike higher.

Inflation will remain stable.

Inflation will be unaffected.

Inflation will decrease.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current state of sterling trade-weighted value compared to 2008?

It is the same as 2008.

It is unpredictable.

It is higher than 2008.

It is lower than 2008.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What challenge is faced in assessing the UK economy post-referendum?

Lack of historical data.

Predictable market trends.

Too much data available.

Stable economic conditions.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential economic model the UK might consider post-Brexit?

The German model.

The US model.

The Australian model.

The Singapore model.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key factor in deciding the UK's post-Brexit economic strategy?

International pressure.

Political decisions.

Economic forecasts.

Public opinion polls.