Currency Market Is Complacent on Cliff-Edge Brexit, Hardy Says

What is the significance of the March 29th deadline in the context of market volatility?

• It marks the end of the fiscal year.

• It is the deadline for a Brexit deal.

• It is the date for a major economic summit.

• It is the start of a new trading quarter.

How has implied options volatility changed since December?

• It has remained the same.

• It has decreased but is still high.

• It has dropped to historic lows.

• It has increased significantly.

What is the market's general expectation regarding a no-deal Brexit?

• The market is indifferent to the outcome.

• The market believes a solution will be found to avoid it.

• The market expects a no-deal Brexit to have no impact.

• The market expects a no-deal Brexit to happen.

What is needed for the euro-pound exchange rate to move significantly?

• A new economic policy announcement.

• A clear indication of a Brexit deal or no-deal.

• A change in interest rates.

• An increase in trade volume.

What could potentially provide a relief rally in the market?

• A decrease in unemployment rates.

• A new trade agreement with the US.

• Parliament taking action to avoid a no-deal Brexit.

• An increase in consumer spending.