U.K. Pound Burdened by Brexit Fears - News Summed Up

U.K. Pound Burdened by Brexit Fears


The U.K. pound remained sharply lower in early Asia trade Monday as investors fretted over the likelihood of a hard Brexit scenario ahead of a key speech by U.K. Prime Minister Theresa May. Ms. May is expected to elaborate on the U.K.’s priorities in negotiations over its exit from the European Union in a speech Tuesday. Several British newspapers reported that Ms. May will emphasize that the U.K. will leave the EU’s single market to...


Source: Wall Street Journal January 16, 2017 02:29 UTC



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