XE Market Analysis: North America – Nov 15, 2018

The Dollar lifted out of lows while the Pound dove sharply as support for UK Prime Minister’s Brexit plan collapsed in dramatic fashion, with her Brexit secretary Dominic Raab and two of his cabinet colleagues quitting in protest about the compromises. Cable dove well over 1.5% to a low of 1.2751, building on the sharp losses seen from yesterday’s peak at 1.3048.