Breaking News: British Foreign Secretary Boris Johnson resigns

Eren Sengezer FXStreet

British Foreign Secretary Boris Johnson has recently announced his resignation, confirming the earlier reports. A new Foreign Secretary is expected to be appointed by the PM Theresa May shortly.

"This afternoon, the Prime Minister accepted the resignation of Boris Johnson as Foreign Secretary. His replacement will be announced shortly. The Prime Minister thanks Boris for his work,"the official statement from May's office read.

Developing story...

The GBP/USD pair plummeted toward the 1.33 mark with the initial reaction.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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