Brexit Fears are Dragging Down the Pound - BBH
Research Team at BBH, notes that the UK pound is off 2% against the dollar this month and a little more against the euro.
Key Quotes
“Brexit
fears seem to offer a better explanation that trying to link sterling's
weakness with yen strength. The Dutch handily rejected the
associational agreement with Ukraine yesterday, and eurosceptics
throughout Europe are celebrating. There does not appear to be negative
fallout for the Dutch market in response, but rather the implications
are seen adding to the EU governance challenge.”
(Market News Provided by FXstreet)
