Investec's Shaw Sees More Volatility in the Pound Through March

The video discusses the uncertainties surrounding the passage of a deal through Parliament, predicting increased currency volatility until March 29th. Despite the challenges, the government has made significant progress in securing a deal with the EU. The future of sterling is uncertain, with potential fluctuations expected. However, a smooth exit is anticipated, with sterling considered undervalued. The economic forecast suggests a gradual increase in sterling's value against the US dollar.

What is the main reason for the expected volatility in the currency market according to the first section?

• The uncertainty of the Brexit deal passing through Parliament

• The strength of the US dollar

• The economic policies of the European Union

• The global financial crisis

What is the final verdict regarding the Brexit deal as mentioned in the second section?

• A deal will not be reached

• A deal will be reached, leading to a smooth exit

• The deal will be rejected by the European Union

• The deal will be postponed indefinitely

According to the second section, what is the predicted outcome for sterling in the short term?

• It will significantly increase in value

• It will remain stable without fluctuations

• It is too hard to predict due to potential fluctuations

• It will decrease steadily

How is sterling fundamentally described in the third section?

• Volatile

• Overvalued

• Fairly valued

• Undervalued

What is the forecasted value of sterling against the US dollar by the end of the year?

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