UK PM May: Important Parliament abides by 2016 referendum result

Eren Sengezer FXStreet

"It is important Parliament abides by 2016 referendum result rather than talking about holding a second referendum," British Prime Minister Theresa May told the House of Commons.

The British pound seems to be hurt by the PM's latest remarks with the GBP/USD pair dropping below the 1.32 mark. Furthermore, the 10-year UK Bond yield dropped below the 1% mark for the first time since September 2017.

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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