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Trading news
2 May 2018
Lawmakers said to have delivered ultimatum to UK PM May - BBC
According to the latest headline flashing on the wires, via BBC, senior Brexit supporting lawmakers have delivered an ultimatum demanding that UK PM May drops proposal for post-Brexit customs partnership with the EU.
The news further added to the recent Brexit concerns and promptes some fresh selling around the British Pound, with the GBP/USD major sliding farther below the 1.3600 handle to hit fresh 3-1/2 month lows.
Separately, sources say that May is confident of reaching cabinet agreement over future replacement for customs unions.