FEBRUARY CURRENCY OUTLOOK 2019

Similar themes are set to dominate this month, with the second ‘meaningful vote’ on the Brexit Withdrawal Agreement key for the pound as market participants continue to expect a softer outcome to negotiations than previously thought. Elsewhere, GDP data for the final quarter of last year will give investors clues as to the extent of a global economic slowdown while US-China trade talks take on greater significance as the tariff truce draws nearer to a close.