GBP v USD: Exchange rate tumbles as Carney warns of impact of no-deal Brexit

The Pound/US dollar exchange rate has dipped slightly from yesterday’s eight-week high, relinquishing its early gains as analysts scrutinised the Bank of England’s (BoE) latest financial stability report. The pound is currently at around $1.330, down from the day’s best levels of $1.334. Investors were initially upbeat upon the release of the BoE’s report as … Continue reading GBP v USD: Exchange rate tumbles as Carney warns of impact of no-deal Brexit