LONDON: The pound fell on Monday (Mar 18) as more Brexit uncertainty surfaced, culminating in the British parliament's speaker telling the ...
LONDON: The pound fell on Monday as more Brexit uncertainty surfaced, culminating in the British parliament's speaker telling the government it could not re-submit an unchanged, twice-rejected Brexit deal to MPs.
But Monday it slipped as uncertainty about government and parliament action before the Mar 29 deadline made it"the worst performing major currency on the day", David Cheetham at xtb said. "There is more of an incentive for both superpowers to make a deal because it is economically in their best interests. This is especially the case given the growing US trade deficit due to falling exports to China."
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