Rabobank wins with a close cable call
Jane Foley, senior currency strategist at Rabobank, sees political uncertainty over Brexit as the catalyst for more sterling volatility
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Rabobank topped last week's forecast rankings with a close call on cable, which has dropped significantly over the past three weeks as uncertainty over the UK's future in the European Union (EU) rises.
Sterling fell to a seven-year low, trading below 1.40 against the US dollar on EU exit concerns, after the government set the date for a referendum on the matter for June 23.
"Political uncertainty is generally negative for currencies, so as long as opinion polls are
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