Sterling Untradeable for a Lot of People, Rabobank's Foley Says

The video discusses the recent significant drop in Sterling, influenced by political events and leadership issues surrounding Prime Minister May. The uncertainty in the political landscape, particularly regarding Brexit, has led to market instability. Traders are advised to be cautious, with many staying out of the market due to the high volatility. The outcome of political developments over the weekend could provide more direction for Sterling's future.

What factors are influencing the stability of Sterling according to the text?

How is the political situation affecting the support for the Prime Minister's deal?

What are the potential consequences if the Prime Minister does not gain support for her deal?

What advice is given to traders regarding Sterling in the current market conditions?

What could be crucial for the future of Sterling according to the text?