European Session – Pound under pressure on Brexit uncertainty; Dollar tests 117 yen ahead of Yellen
Posted on December 19, 2016 at 3:39 pm GMTThe British pound came under pressure on Monday as markets grew increasingly concerned about the direction of the UK’s Brexit negotiations with the EU. UK politicians have been hinting recently that they are seeking a transitional agreement that would make it easier for British businesses to adjust to life outside the EU. But there were few signs of a quick settlement for such a deal at last week’s EU summit that was attended by UK PM Theresa May and other [..]