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The Pound Takes a Pounding in Midnight Flash Crash

The British currency fell 6 percent in two minutes. Was it an aberration or a sign of volatility to come as the threat of a “Hard Brexit” grows?
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Good morning! The British pound is getting slammed. The currency fell by as much as 0.9% to 1.4141 against the dollar amid ongoing Brexit worries. On Monday, a poll conducted by ICM on behalf of the Guardian showed 53% for Leave and...

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Business & Finance : Business Insider: Money Game

The British pound has tumbled back to near Brexit lows. The currency is down 0.2% at 1.2933 against the dollar as of 7:33 a.m. ET — not that far off of the post-Brexit low of 1.2798. Separately, a new KPMG survey found that just ove...

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By HONG KONG/TOKYO, Oct 7 (Reuters) - Sterling plunged to a three-decade low in Asian trade on Friday in a suspected "flash crash" and amid growing fears of a "hard" exit by Britain from the European Union. The pound nosedived over ...

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