Strategist Chandler Says Softer Brexit Positive for Sterling, Euro to Test $1.10

The transcript discusses the impact of Brexit on the pound and euro, highlighting the potential for a softer Brexit to benefit sterling. It also examines the euro's trading range and the economic relationship between the UK and EU. The discussion extends to market stability, noting low volatility in financial markets and the concept of the 'great moderation' with slow growth and low inflation.

What is the expected impact of a softer Brexit on the British pound?

• It will lead to a depreciation of the pound.

• It will have no effect on the pound.

• It will be bullish for the pound.

• It will cause the pound to fluctuate wildly.

How much of the EU's exports go to the UK?

• 10%

• 20%

• 40%

• 30%

What is the expected trading range for the euro according to the discussion?

• 1.10 to 1.15

• 1.13 to 1.15

• 1.20 to 1.25

• 1.05 to 1.10

What is the 'great moderation' characterized by?

• Low growth and low inflation

• High growth and high inflation

• High growth and low inflation

• Low growth and high inflation

What does the stability of financial markets indicate about the economy?

• The economy will experience rapid growth.

• The economy will be less volatile.

• The economy will face a recession.

• The economy will be more volatile.