Pound sinks even lower over ‘hard Brexit’ fears

Pound sinks even lower over ‘hard Brexit’ fears
 

Fears of a ‘hard Brexit’ are causing sterling to fall even further after plummeting to a 31-year low yesterday.
The pound was down 0.18% against the dollar at 1.270, having slumped over 1.5% since Sunday, while the FTSE 100 also fell.
It also hit a five-year low against the euro, with £1 now only worth €1.131.
Experts warn that despite data showing some slight resilience in the British economy, Brexit fears might be ‘bone deep’.
Lukman Otunga, a research analyst from FXTM, said: ‘Although sentiment towards the UK economy continues to be uplifted as domestic data repeatedly beats, the... read more

 
5 October 2016 in Hot News, Views: 34
Source: Metro
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
      1 2 3 4 5 6
    7 8 9 10 11 12 13
    14 15 16 17 18 19 20
    21 22 23 24 25 26 27
    28 29 30 31