Boris Johnson resigns @zerohedge. GBP/USD down more than 100 pips on the news

Market news

9 July 2018

Boris Johnson resigns @zerohedge. GBP/USD down more than 100 pips on the news

Friends of Boris Johnson think he is quitting. Not definite. But he is ensconced in his official residence with his advisers, which sends a powerful signal. As one said, "very hard for him not to quit now that Davis has, given that everyone knows they both hate May's Brexit plan".

Sterling falls after Foreign Secretary Boris Johnson resigns, making him the third minister to do so after U.K. Prime Minister Theresa May's Brexit white paper proposals at the Chequers on Friday

It is time to buy EUR/USD, Morgan Stanley says

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