Brexit Confidence on May's Deal Can Push Cable to $1.35, Ruskin Says

The transcript discusses the market's perception of the pound's value, particularly in relation to Theresa May's deal. It highlights the volatility expectations around key dates and the potential impact on the pound's value. Alan Ruskin's analysis is introduced, focusing on market sentiment and the likelihood of a weaker sterling. The discussion concludes with an examination of the pound's fair value based on PPP and other metrics.

What is the market's expectation regarding Theresa May's deal on the March 12th date?

• The deal will definitely pass.

• The deal will not bring complete clarity.

• The deal will be postponed.

• The deal will cause high volatility.

Why have Vol traders been misled by important dates in the past?

• Because market prices in the information beforehand.

• Because they rely on outdated information.

• Because they do not analyze market trends.

• Because they focus on irrelevant data.

What is the potential impact on the pound if Theresa May's deal gains confidence?

• The pound will remain stable.

• The pound will drop significantly.

• The pound will become unpredictable.

• The pound will rise to around 135.

What does Alan Ruskin's analysis suggest about the future of sterling?

• Sterling will remain stable.

• Sterling will strengthen significantly.

• Sterling will weaken.

• Sterling will fluctuate unpredictably.

On what basis is the fair value of the pound estimated to be in the low 140s?

• Based on historical trends.

• Based on government forecasts.

• Based on purchasing power parity (PPP).

• Based on market speculation.