RBC's Lignos Says Many Brexit Questions Remain for Pound

The video tutorial discusses the cable chart focusing on the pound dollar, market reactions, and expectations. It highlights the strength of the AUS dollar and ongoing Brexit challenges, particularly the Irish border issue. Theresa May's domestic challenges are also covered, emphasizing the uncertainty in the market. The tutorial concludes with an analysis of the currency's impact on equity markets, noting the negative correlation between a strong currency and the Footsie 100.

What are some reasons mentioned for the lack of movement in the pound-dollar exchange rate?

• High inflation rates

• Political stability

• Expectations and trade focus

• Interest rate cuts

What unresolved issue is highlighted in the Brexit negotiations?

• The future of the Euro

• The Irish border

• Trade tariffs with the US

• The role of the European Central Bank

Who is expected to have a say in the final Brexit deal?

• The European Parliament

• The Democratic Unionist Party (DUP)

• The United Nations

• The World Trade Organization

How has the currency been performing over the past few weeks and months?

• It has remained stable

• It has been strengthening

• It has been fluctuating wildly

• It has been weakening

What is the relationship between the currency strength and the FTSE 100?

• Negative correlation

• No correlation

• Direct correlation

• Positive correlation