Pound slides after DUP says it won’t agree to current Brexit deal

October 17
13:04 2019

Wild gyrations seen this week for the British pound continued Thursday, with the currency falling anew after a key group of Northern Ireland politicians said they can’t support U.K. Prime Minister Boris Johnson’s current Brexit plan. The pound has gained around 0.8% this week, but with plenty of ups and downs, while the FTSE 100 index (UK:UKX) has fallen 1%. As things stand, we could not support what is being suggested on customs and consent issues and there is a lack of clarity on VAT,” said DUP leader Arlene Foster and MP Nigel Dodds in a statement.

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