{"id":87057,"date":"2016-03-23T06:53:40","date_gmt":"2016-03-23T10:53:40","guid":{"rendered":"http:\/\/countingpips.com\/?p=87057"},"modified":"2016-03-23T06:53:40","modified_gmt":"2016-03-23T10:53:40","slug":"sterling-tumbles-as-brexit-risk-rises-after-brussels-attacks","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/03\/sterling-tumbles-as-brexit-risk-rises-after-brussels-attacks\/","title":{"rendered":"Sterling tumbles as Brexit risk rises after Brussels attacks"},"content":{"rendered":"<div id=\"inves-2472268387\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">March 23, 2016<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>Article by <a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/p>\n<p>Sterling lost more than 1 percent against the US dollar after tumbling on news of the terrorist attacks in Brussels on Tuesday. By Wednesday, the pound slid to a six-day low of $1.4191. It also weakened by around 1 percent against the euro, to 79.05 pence.<\/p>\n<p>The events in Brussels may now increase Brexit risk as it may boost the \u201cleave\u201d campaign to take Britain out of the European Union. Immigration, refugees, border controls and sovereignty issues are all key points in the Brexit debate. Some advocates of a Brexit claimed the EU\u2019s open border policy had allowed the attacks on Brussels\u2019 main airport and a rush-hour metro train to take place. A poll last week showing the \u201cOut\u201d campaign inching in front also led to a sharp dip in the pound.<\/p>\n<p>Meanwhile, political tension in the Conservative Party after a minister resigned over the weekend also factors in the Brexit case.<\/p>\n<p>Also weighing on the British pound were some UK economic data on Tuesday which showed inflation numbers coming in slightly below forecast and still close to zero in both annual and monthly terms.<\/p>\n<p>A warning from ratings agency Moody\u2019s on the outlook for the country\u2019s public finances added to concerns about last week\u2019s budget, attacked over the weekend by members of the ruling Conservatives for its \u201cunfair\u201d cuts to welfare.<\/p><div id=\"inves-2341061381\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-54242 alignleft\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2014\/07\/Forex-Time-Logo.png\" alt=\"Forex-Time-Logo\" width=\"262\" height=\"90\" \/><strong>Article by <span style=\"text-decoration: underline;\"><a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/span><\/strong><\/p>\n<p><strong>ForexTime Ltd (FXTM)<\/strong> is an award winning international online forex broker regulated by CySEC 185\/12 <a href=\"http:\/\/www.forextime.com\" target=\"_blank\">www.forextime.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article by ForexTime Sterling lost more than 1 percent against the US dollar after tumbling on news of the terrorist attacks in Brussels on Tuesday. By Wednesday, the pound slid to a six-day low of $1.4191. It also weakened by around 1 percent against the euro, to 79.05 pence. The events in Brussels may now [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-87057","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/87057","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=87057"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/87057\/revisions"}],"predecessor-version":[{"id":87074,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/87057\/revisions\/87074"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=87057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=87057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=87057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}