Could See More Volatility for Pound Near Election, Says XChainge Global’s Twidale

The video discusses the potential volatility in the sterling market due to Brexit uncertainties and upcoming elections. It highlights the downside risks for the pound if a harder Brexit stance emerges. The second part focuses on the Federal Reserve's decision to pause rate cuts, with some officials opposing the cuts. The implications for the dollar and the influence of US-China trade relations are also examined.

What is the main concern for the British pound as the election approaches?

• Decreasing trade with the EU

• Rising inflation

• Potential for a harder Brexit stance

• Increased interest rates

What was Raphael Bostic's position on the recent rate cuts?

• He supported further rate cuts

• He had no opinion on the matter

• He wanted to increase rates

• He was against the rate cuts

What is the current stance of the Fed regarding interest rates?

• Uncertain about future actions

• Planning to increase rates

• Planning to decrease rates

• On hold for the medium term

What external factor is mentioned as influencing the Fed's decisions?

• European Union policies

• Trade tensions with China

• Middle East conflicts

• Global warming

What will likely guide the Fed's next move?

• Public opinion

• Political changes

• International agreements

• Economic data