Brexit: GBP/USD hits 1985 low as UK plunges in political turmoil
From forex.com
After last week’s Brexit vote, the UK has been plunged into a political turmoil, fears over the domestic and European economies have intensified and investor sentiment severely damaged. David Cameron already made a swift decision to resign as Prime Minster, although he will remain in charge until the Conservative party elects a successor. The turmoil exacerbated over the weekend with several labour MPs resigning as the party’s leader, Jeremy Corbyn, faces a vote of no confidence following his role – or lack thereof – in the Bremain campaign. And the Scottish government is threatening once again to leave the UK as it ...
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