UK PM Theresa May Says Cabinet Agreed to Brexit Deal

British Prime Minister Theresa May says that the Cabinet is backing her Brexit plan. The currency has been volatile as various scenarios were monitored as the divorce between the UK and the EU had been full of optimism, but lacking in details.



Next stop for May, the British Parliament, where she will deliver a statement on Thursday.

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza