Pound Faces Volatility From Post-Brexit EU Trade Talks, Foley Says

The transcript discusses the market's optimistic reaction to a recent Brexit vote in Parliament, suggesting that Boris Johnson may have the numbers to push his deal through. It highlights the potential for volatility in the Sterling market due to uncertainties in upcoming trade negotiations with the EU. The discussion also covers the short-term outlook for Brexit, considering the possibility of a no-deal Brexit if trade talks do not go well, and the potential political implications if Boris Johnson's government gains a majority.

What was the market's reaction to the close vote in Parliament?

• The market was pessimistic.

• The market was confused.

• The market was optimistic.

• The market was indifferent.

What could still lead to a no-deal Brexit at the end of next year?

• Successful trade talks with the EU

• A new agreement with the EU

• A change in the UK government

• Unsuccessful trade negotiations with the EU

What has been the trend of the pound since the start of September?

• It has moved 10 figures from around 1:22 to 1:30.

• It has remained stable.

• It has increased to 1:50.

• It has decreased significantly.

What is the consensus view on the chances of a hard Brexit over the last 5-6 weeks?

• The chances have remained the same.

• The chances are unpredictable.

• The chances have diminished.

• The chances have increased.

What political scenario could affect Brexit outcomes in 2020?

• A Brexiteer government with a majority

• A new EU referendum

• A coalition government

• A change in EU leadership