British Pound Swoons, US Dollar May Extend Gains on Jobs Data

The British Pound sank as harsh Brexit-related rhetoric sparked cascading selling amid thin liquidity. The US Dollar may rise as jobs data boosts Fed rate hike bets.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2016/10/07/British-Pound-Swoons-US-Dollar-May-Extend-Gains-on-Jobs-Data.html?DFXfeeds=forex:fundamental:daily_briefing:session_briefing:euro_open