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Sterling Hit Its Lows Against a basket of currencies since May’s Brexit Speech


一月, 17 2017
watermark Economic news

The British pound slumped to a three-month low on Tuesday influenced by the speech of Prime Minister Theresa May that would change the European Union single market and limit its access to the single market. The pound reached the lowest 1.1983 against the U.S. dollars while it hit a ten-week low of 88.53 against Euro both on Monday. Same with yen when it reached an eight-week low at 136.81 on Monday.

The Japanese yen is benefitting from this situation while the concerns on U.S. President-elect Donald Trump that attenuates the associated risk sentiment. The market is still uncertain with Trump’s economic policies making them cautious on their move whether to take short or long before his inauguration at the end of the week. On the other hand, Britain will find means to control the border to prevent ‘hard brexit’.

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外汇本质上有高度的投机性和复杂性,可能并不适合所有投资者。 外汇交易可能会带来重大的收益或损失。 因此,建议您不要承担无法承受的损失。 在使用ForexMart提供的服务之前,请确认外汇交易相关联的风险。 必要时寻求独立的财务意见。请注意,过去的业绩和预测都不是未来结果的可靠指标。