British Pound depreciates on Brexit tensions

Note: This section contains information in English only.
Source: Dukascopy Bank SA

On Monday, September 2, the British Pound depreciated 105 pips or 0.86% against the US Dollar. Note, that the Pound also depreciated against other major currencies.  

The reason for the drop is the news that the British opposition lawmakers are planning to propose legislation to oblige the UK Government to suspend Brexit. 

The UK Prime Minister Boris Johnson claimed that he would purge any member of the UK Parliament who would vote against the Government on Brexit.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.