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Britain's exit under evaluation still

Britain's exit is still under evaluation as the majority of the investors' and the trader's haven't adjusted to such a condition yet and amid the minimized expectations that the FED will be increasing rates in the upcoming months.

The dollar index ended last Friday's session 0.25% lower to the 95.48 zone, while ending the week at 95.72.

Britain's condition and weak economic status lowers the U.S. dollar

The greenback, following China's weak economic status and the Brexit condition, fell 0.7%.

China's Caixin manufacturing purchasing managers' index dropped, below the estimations for a figure of 49.1, to 48.6.

The GBP/USD reached the 1.3266 zone, sliding 0.33%. Boris Johnson pulled out from his race of becoming Britain's Prime Minister, thus surprising the majority. The euro climbed, amid the ECB’s step back in purchasing government debt.

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Monday, 04 Jul, 2016 / 8:12

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Source : https://www.argusfx.com/en/research-education/market-analysis/weekly/britain-s-exit-under-evaluation-still

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