No Brexit More Likely Than a No-Deal Brexit: Reuters Survey
According to a poll of economists by Reuters, there is a higher likelihood of Brexit not happening at all than a no-deal Brexit.
Arslan Butt•Thursday, April 18, 2019•1 min read
According to a poll of economists by Reuters, there is a higher likelihood of Brexit not happening at all than a no-deal Brexit. The EU delayed the Brexit deadline last week, giving Britain until the end of October to work out a proper exit strategy from the European Union.
Most economists polled in the monthly Reuters survey anticipate that the EU and Britain would most likely settle for a free-trade deal, but a no-deal Brexit seems the least likely option for Britain as of now.
GBP/USD is trading around the 1.30 level today, but could be impacted by the retail sales data releasing today from the UK as well as the US.
- Check out our free forex signals
- Follow the top economic events on FX Leaders economic calendar
- Trade better, discover more Forex Trading Strategies
- Open a FREE Trading Account
ABOUT THE AUTHOR
See More
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.
His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.
His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
Related Articles
Comments
Sidebar rates
Join 350 000+ traders receiving Free Trading Signals
Alerts
Rates
Calendar
Signals