Will triggering of Article 50 be a damp squib?

Sterling trading at an eight-week high

James Hughes, chief market analyst at GKFX, looks at the possible impact on sterling once Article 50 is triggered.

This week is looking fairly quiet on the economic calendar. But the trigger of Article 50 is likely to take the majority of the headlines as we approach today, the day the Prime Minister has informed us is the day the UK official starts formal proceedings to leave the European Union. Sterling will, of course, be the main focus and with the added US dollar weakness after the failure of President Trump's healthcare bill, the sterling/US dollar trade could well be the place to keep your focus. FX investors poised as PM May prepares to trigger Article 50 Over recent weeks, it has been ...