Friday, February 22, 2019

Briton loses confidence against

Briton loses confidence against the background of a difficult Brexit

What is happening and will happen in the near future, the British pound sterling? How it will affect ambiguous Brexit? We believe that in the near future, the US dollar may be more attractive than "British" on the basis of the following seven reasons:

The EU and the United Kingdom are not agreed on the amount of compensation for Brexit

The amount of financial liabilities that the UK will have to pay the EU for Brexit, the parties have not yet agreed. The government insists on Terezy Mey in the amount of 40 billion euros. The European Union as reported by the media, requires 60 billion. This may increase the burden on the budget of the United Kingdom and have a negative impact on the pound against the dollar.

Negotiations on Brexit tightened

Negotiations with the European Union will be completed no earlier than October, but the Minister for Brexit David Davis says that they can be completed in November, but in any case, he said, Brexit be completed no later than May 2022 (the date of the next parliamentary elections in the UK). Therefore, protracted negotiations will put additional downward pressure on the pound.



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