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Hardy: Uncertainty ahead if Cameron leaves EU summit with no deal

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British Prime Minister David Cameron will meet fellow EU leaders for a summit in Brussels on Thursday and Friday to see if he can win enough concessions to keep Britain in the European Union. Failure to get a deal would create uncertainty for the British pound and the euro, says Saxo Bank’s John Hardy.

Hardy looks at what it will take for Cameron to get the deal he needs to call a referendum in which British voters will decide whether Britain should remain a member of the EU. Hardy also looks at whether failure to get a deal is the only issue for GBP or whether the currency is under pressure from other factors.