Tag: Sterling
Pound continues to fall against dollar amid ‘hard Brexit’ fears
Sterling falls 0.3% to $1.2395 as City worries persist about UK’s economic prospects outside EU. The pound has continued to fall against the US dollar as worries persist over the UK’s economic prospects outside the EU. Sterling suffered sharp losses last week as ministers at the Conservative party conference signalled they would opt for a […]
George Soros: EU exit risks ‘black Friday’
Exclusive: Currency speculator warns devaluation would mean more disruption than when UK dropped out of ERM in 1992 The worlds most famous currency speculator has warned that a vote on Thursday for Britain to leave the EU would trigger a bigger and more damaging fall for sterling than the day he forced Britain out of […]