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Sterling weakens on latest Brexit concerns

Published 11/12/2018, 02:32 AM
© Reuters.  Sterling weakens on latest Brexit concerns
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  • Sterling fell 0.6% to $1.1274 overnight as former British Foreign Minister Boris Johnson came out swinging against Theresa May, stating the U.K. is on the verge of "total surrender" in Brexit negotiations.
  • May also faces the threat of further resignations from several pro-EU ministers following the departure of transport minister Jo Johnson on Friday, while the Labour party said leaving the bloc without a deal would be blocked by parliament.
  • Previously: Brexit pressure builds on all sides (Nov. 11 2018)
  • ETFs: FXB, EWU, GBB, DBUK, FKU, EWUS, DXPS, HEWU, QGBR, DGBP, FLGB, UGBP
  • Now read: Is The Australian Dollar Signaling A Resumption Of The U.S. Dollar's Advance?


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