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.

How does the speaker describe the volatility expectations for the March 12th date?

In what way does the speaker suggest that the market has been 'burned' by previous expectations?

What does the speaker mean by saying the market is at a 'knife edge'?

What does the speaker imply about the market's expectations regarding Theresa May's deal?

What is the significance of the '1:35 to 1:40' range mentioned in the context of fair value?