XE Market Analysis: Sterling Slumps Further on Brexit "No Deal"

OVERVIEW

  • Sterling slips on Brexit “No Deal”
  • US Dollar gains as the Fed’s Jackson Hole conference begins
  • Loonie slips as NAFTA talks continue

HIGHLIGHT

The Pound slid against all currencies today after the UK government made further plans for a “no deal” Brexit. The currency has now fallen more than 10% against the US Dollar since April.