OVERVIEW
- The Pound has slumped today on Brexit resignations.
- The Dollar steadies on risk trade.
- The Loonie is strong as markets expect an interest rate hike this week.
HIGHLIGHT
The Pound had started the day unfazed by the resignation of Brexit Minister David Davis, however this afternoon the resignation by Boris Johnson hit the Pound hard. The negotiation with Europe just got a little more difficult today! The Pound looks fragile in the days ahead.