Brits buy dollar

July 29, 2020
Brexit woes spur Brits to buy weak dollar premium
More and more Brits are moving to buy dollars due to weakness in the greenback coupled with fears over a plummeting pound. The Dollar Index fell 0.5% on Monday, trading at levels we’ve not seen in over two years. This sharp dollar sell-off is viewed by internationally-minded Brits as an opportunity to purchase dollars as they fear a steep plunge in the pound in the event of a no-deal Brexit – which is looking increasingly to be the case. The dollar is being impacted by Read More

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