{"id":13783,"date":"2019-12-11T07:32:04","date_gmt":"2019-12-11T06:32:04","guid":{"rendered":"https:\/\/bernstein-bank.com\/?p=13783\/"},"modified":"2019-12-11T07:53:49","modified_gmt":"2019-12-11T06:53:49","slug":"why-is-the-pound-growing-and-when-its-over","status":"publish","type":"post","link":"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/","title":{"rendered":"Why is the pound growing and when it&#8217;s over?"},"content":{"rendered":"<table cellspacing=\"0\" cellpadding=\"4\">\n<tbody>\n<tr>\n<th>\n<h4 style=\"text-align: center;\"><span style=\"color: #e2b365;\">Gold<\/span>\u00a0 \u00a01463,63<br \/>\n(<span style=\"color: #ff0000;\">-0,05%<\/span>)<\/h4>\n<\/th>\n<th>\n<h4 style=\"text-align: center;\"><span style=\"color: #e2b365;\">EURUSD<\/span>\u00a0 \u00a01,1088<br \/>\n(<span style=\"color: #ff0000;\">-0,04%<\/span>)<\/h4>\n<\/th>\n<th>\n<h4 style=\"text-align: center;\"><span style=\"color: #e2b365;\">DJIA<\/span>\u00a0 \u00a027910,50<br \/>\n(<span style=\"color: #ff0000;\">-0,03%<\/span>)<\/h4>\n<\/th>\n<th>\n<h4 style=\"text-align: center;\"><span style=\"color: #e2b365;\">OIL.WTI<\/span>\u00a0 58,94<br \/>\n(<span style=\"color: #ff0000;\">-0,25%<\/span>)<\/h4>\n<\/th>\n<th>\n<h4 style=\"text-align: center;\"><span style=\"color: #e2b365;\">DAX<\/span>\u00a0 \u00a013067,41<br \/>\n(<span style=\"color: #008000;\">+ 0,01%<\/span>)<\/h4>\n<\/th>\n<\/tr>\n<\/tbody>\n<\/table>\n<p align=\"justify\">For the last three and a half years, since the Brexit referendum, the pound has been flying both ways on a swing. Now he&#8217;s moving fast up again, setting multi-month highs. Why? The main trade idea is the next elections to the British Parliament. So, what&#8217;s the big deal? They are not the first and not the second ones, are they?<\/p>\n<p style=\"text-align: center;\"><strong>GBP\/USD Day Chart <\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-13784 aligncenter\" src=\"\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/12\/trading-news-11.12.2019.png\" alt=\"trading-news-11.12.2019\" width=\"600\" height=\"243\" \/><\/p>\n<p align=\"justify\">The difference between these elections is that according to the polls, Boris Johnson and his Conservative Party will win them with a good separation from the Labour Party. This means that they will be able to take and finally withdraw from the EU.<br \/>\nBut this is bad for the UK economy, isn&#8217;t it? Yes! It&#8217;s bad compared to staying in the European Union. However, it is much better than the uncertainty that persists for several years, which has already bothered everyone.<br \/>\nInvestors should see either one or the other option, but not the intermediate solutions that now dominate the market. Manufacturers want to clearly understand the rules of the game. Will they have to pay for the import of components from the EU and whether their products will be subject to export duties when exported there. And there are a lot of such questions, to which everybody is waiting for a clear and final answer.<\/p>\n<p style=\"text-align: center;\"><strong>EUR\/USD<\/strong><\/p>\n<p align=\"justify\">The Euro continues to grow on the second day and is again close to the level of 1.11. No strong movements are expected before the results of the European Central Bank meeting on Thursday are announced.<\/p>\n<p style=\"text-align: center;\"><strong>INDICES<\/strong><\/p>\n<p align=\"justify\">Global stock indices have fallen since morning. Then they turned sharply and went upwards. Due to what? Everybody is sick and tired of the topic of negotiations between the USA and China. The next trade duties were to be introduced on December 15. This is a day off and a big gap could have happened on Monday. However, it was reported that Trump&#8217;s administration is postponing this increase, as the U.S. and China are close to signing a new trade agreement.<\/p>\n<p style=\"text-align: center;\"><strong> What awaits us today?<\/strong><\/p>\n<p align=\"justify\">14.30 U.S. consumer price index for November<br \/>\n16.30 Changes in petroleum product inventories in the US over the past week<br \/>\n20.00 Summary of economic forecasts from the US Federal Open Market Committee<br \/>\n20.00 FRS decision on interest rate<br \/>\n20.00 FRS comments on monetary policy<\/p>\n<hr \/>\n<p style=\"text-align: center;\" align=\"justify\">Important Notes on This Publication:<small> <\/small><\/p>\n<p align=\"justify\"><small>The content of this publication is for general information purposes only. In this context, it is neither an individual investment recommendation or advice nor an offer to purchase or sell securities or other financial products. The content in question and all the information contained therein do not in any way replace individual investor- or investment-oriented advice. No reliable forecast or indication for the future is possible with respect to any presentation or information on the present or past performance of the relevant underlying assets. All information and data presented in this publication are based on reliable sources. However, Bernstein Bank does not guarantee that the information and data contained in this publication is up-to-date, correct and complete. Securities traded on the financial markets are subject to price fluctuations. A contract for difference (CFD) is also a financial instrument with leverage effect. Against this backdrop, CFD trading involves a high risk up to the point of total loss and may not be suitable for all investors. Therefore, make sure that you have fully understood all the correlating risks. If necessary, ask for independent advice.<\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold\u00a0 \u00a01463,63 (-0,05%) EURUSD\u00a0 \u00a01,1088 (-0,04%) DJIA\u00a0 \u00a027910,50 (-0,03%) OIL.WTI\u00a0 58,94 (-0,25%) DAX\u00a0 \u00a013067,41 (+ 0,01%) For the last three and a half years, since the Brexit referendum, the pound&#8230;<\/p>\n","protected":false},"author":37,"featured_media":13158,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-13783","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Why is the pound growing and when it&#039;s over? | Bernstein Bank<\/title>\n<meta name=\"description\" content=\"For the last three and a half years, since the Brexit referendum, the pound has been flying both ways on a swing.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why is the pound growing and when it&#039;s over? | Bernstein Bank\" \/>\n<meta property=\"og:description\" content=\"For the last three and a half years, since the Brexit referendum, the pound has been flying both ways on a swing.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/\" \/>\n<meta property=\"og:site_name\" content=\"Bernstein Bank\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-11T06:32:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-12-11T06:53:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"455\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Wordpress Support\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Wordpress Support\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/\"},\"author\":{\"name\":\"Wordpress Support\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48\"},\"headline\":\"Why is the pound growing and when it&#8217;s over?\",\"datePublished\":\"2019-12-11T06:32:04+00:00\",\"dateModified\":\"2019-12-11T06:53:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/\"},\"wordCount\":590,\"image\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"ENH\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/\",\"url\":\"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/\",\"name\":\"Why is the pound growing and when it's over? | Bernstein Bank\",\"isPartOf\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg\",\"datePublished\":\"2019-12-11T06:32:04+00:00\",\"dateModified\":\"2019-12-11T06:53:49+00:00\",\"author\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48\"},\"description\":\"For the last three and a half years, since the Brexit referendum, the pound has been flying both ways on a swing.\",\"breadcrumb\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/#breadcrumb\"},\"inLanguage\":\"ENH\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ENH\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/#primaryimage\",\"url\":\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg\",\"contentUrl\":\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg\",\"width\":800,\"height\":455,\"caption\":\"Morning Stock News\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/bernstein-bank.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Why is the pound growing and when it&#8217;s over?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/#website\",\"url\":\"https:\/\/bernstein-bank.com\/en\/\",\"name\":\"Bernstein Bank\",\"description\":\"Bernstein Bank GmbH\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/bernstein-bank.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"ENH\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48\",\"name\":\"Wordpress Support\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Why is the pound growing and when it's over? | Bernstein Bank","description":"For the last three and a half years, since the Brexit referendum, the pound has been flying both ways on a swing.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/","og_locale":"en_US","og_type":"article","og_title":"Why is the pound growing and when it's over? | Bernstein Bank","og_description":"For the last three and a half years, since the Brexit referendum, the pound has been flying both ways on a swing.","og_url":"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/","og_site_name":"Bernstein Bank","article_published_time":"2019-12-11T06:32:04+00:00","article_modified_time":"2019-12-11T06:53:49+00:00","og_image":[{"width":800,"height":455,"url":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg","type":"image\/jpeg"}],"author":"Wordpress Support","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Wordpress Support","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/#article","isPartOf":{"@id":"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/"},"author":{"name":"Wordpress Support","@id":"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48"},"headline":"Why is the pound growing and when it&#8217;s over?","datePublished":"2019-12-11T06:32:04+00:00","dateModified":"2019-12-11T06:53:49+00:00","mainEntityOfPage":{"@id":"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/"},"wordCount":590,"image":{"@id":"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/#primaryimage"},"thumbnailUrl":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg","articleSection":["News"],"inLanguage":"ENH"},{"@type":"WebPage","@id":"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/","url":"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/","name":"Why is the pound growing and when it's over? | Bernstein Bank","isPartOf":{"@id":"https:\/\/bernstein-bank.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/#primaryimage"},"image":{"@id":"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/#primaryimage"},"thumbnailUrl":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg","datePublished":"2019-12-11T06:32:04+00:00","dateModified":"2019-12-11T06:53:49+00:00","author":{"@id":"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48"},"description":"For the last three and a half years, since the Brexit referendum, the pound has been flying both ways on a swing.","breadcrumb":{"@id":"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/#breadcrumb"},"inLanguage":"ENH","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/"]}]},{"@type":"ImageObject","inLanguage":"ENH","@id":"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/#primaryimage","url":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg","contentUrl":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg","width":800,"height":455,"caption":"Morning Stock News"},{"@type":"BreadcrumbList","@id":"https:\/\/bernstein-bank.com\/en\/why-is-the-pound-growing-and-when-its-over\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/bernstein-bank.com\/en\/"},{"@type":"ListItem","position":2,"name":"Why is the pound growing and when it&#8217;s over?"}]},{"@type":"WebSite","@id":"https:\/\/bernstein-bank.com\/en\/#website","url":"https:\/\/bernstein-bank.com\/en\/","name":"Bernstein Bank","description":"Bernstein Bank GmbH","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bernstein-bank.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"ENH"},{"@type":"Person","@id":"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48","name":"Wordpress Support"}]}},"_links":{"self":[{"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/posts\/13783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/comments?post=13783"}],"version-history":[{"count":0,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/posts\/13783\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/media\/13158"}],"wp:attachment":[{"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/media?parent=13783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/categories?post=13783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/tags?post=13783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}