XE Market Analysis: North America – Dec 10, 2018

The Dollar and Yen have, by varying degrees, traded generally softer against most other currencies, with the main exception being Sterling, which has come under pressure as markets fear fresh political uncertainty in the UK after what is expected to be a failed parliamentary vote tomorrow on the EU Withdrawal Agreement. The Pound was showing at the lows heading into the New York interbank open, showing respective declines of 0.7% and 0.8% against the Dollar and Euro, and just over a 0.5% loss with respect to the Yen.