Pound Snaps Two Day Loss, Still Falls To Dolalr – 30 October, 2017

The lack of progress with Brexit negotiations caused the Pound to fall 1.8 percent in the month of October against the dollar, and finally rising 0.3 percent on Monday to $1.3161. For the first time in over ten years, The Bank of England is negotiating an interest hike, though this still will not be enough to return balance to the Pound.