European Market Open – It’s B-day for pound which continues to stall into the London interbank open. U.K. is finally ready to trigger Article 50 today, which will start the process to review a total of 20,833 laws and regulations that were in effect in the EU and Britain at the beginning of the year and that will now have to be reviewed or replaced.May’s official Brexit announcement will be topping the headlines, however, as European officials increasingly fret about the risk of a hard Brexit.
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Stuart Cowell
Senior Market Analyst
HotForex
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