ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for November 25, 2019. This is not a trading advice. See details below:
FOREX/BREXIT
The Pound is on the front foot during the early part of Monday’s trading session, recording gains against both the Euro and the Dollar. Investors appear reassured by the latest opinion polls, pointing at a comfortable lead for the governing Conservative party with less than 3 weeks to go before the December 12th general election.
This latest Sterling rally illustrates how the markets are backing a Boris Johnson win, which would keep Jeremy Corbyn’s radical plans at bay and promises a quick resolution for Brexit, at the end of January.
Ricardo Evangelista – Senior Analyst, ActivTrades
