Pound Drops Amid Brexit Concerns
2021年11月10日 - 04:20PM
RTTF2
The pound depreciated against its major counterparts in the
European session on Wednesday, as tensions between the U.K. and the
European Union flared up after Ireland's deputy prime Minister Leo
Varadkar said that his government is making "contingency plans," if
Britain triggers Article 16 of the Northern Ireland Protocol.
Speaking on RTÉ's News at One, Varadkar said that triggering
Article 16 effectively stops the Protocol and potentially "undoes"
Brexit.
His comments came after the Irish government held a meeting of
the Cabinet subcommittee on Brexit to dust down and restart its
contingency preparations in case of emergency.
"If Britain were to act in such a way that it was resigning from
the protocol, resigning from the withdrawal agreement, I think the
European Union would have no option other than to introduce what we
call rebalancing measures to respond," Varadkar warned.
The pound was further weighed by a strengthening dollar ahead of
U.S. inflation data that could influence the timing of the Fed rate
hike. The pound touched 2-day lows of 1.2335 against the franc and
1.3501 against the greenback, down from its previous highs of
1.2389 and 1.3565, respectively. Next key support for the pound is
possibly seen around 1.22 against the franc and 1.32 against the
greenback.
The pound pulled back from its early highs of 153.37 against the
yen and 0.8532 against the euro and edged down to 152.78 and
0.8560, respectively. The next possible support for the pound is
seen around 150.00 against the yen and 0.88 against the euro.
Looking ahead, U.S. CPI and monthly budget statement for
October, wholesale inventories for September and weekly jobless
claims for the week ended November 6 are due in the New York
session.
Sterling vs US Dollar (FX:GBPUSD)
FXチャート
から 2 2024 まで 3 2024
Sterling vs US Dollar (FX:GBPUSD)
FXチャート
から 3 2023 まで 3 2024