Wednesday, 29 March 2017

All eyes on Brexit Today



Brexit final Today


Today is the day the British prime minister Theresa May announces formally that her country wants to leave the European Union.
The referendum vote that started the whole Brexit story was in June 2016 so enough has been said about it since then and
the market has seen many forecasts and comments on what the consequences could be of this.
And yet as the announcement approaches the British pound is still quite nervous and in focus of investors.

GBP is down almost 0.5% vs. USD and sticks out like a sore thumb among other G-10 currencies as there was no
US dollar drive in any direction at night that could upset relative valuations of other major fx. 


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