SEB: hard Brexit risk is still around

Sterling strength depends on December 12 election, while dollar may have peaked 

Brexit deadline
Sterling risk: hard Brexit still a possibility; uncertainty around December election results suggests high volatility

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Sterling is unlikely to remain in the “buy the dip” category over the next few months, as the risk of a hard Brexit still exists and uncertainty around the December election results suggests high volatility for the currency. 

A Conservative majority parliament will spell increased risk for a hard Brexit next year, which will hurt the pound in the long run, while a hung parliament is likely to do the opposite, says

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