As we warned earlier, following UK PM Theresa May’s “clean and hard” Brexit comments, cable has tumbled very close to a 1.19 handle in very early (and illiquid) AsiaPac trading. This is the lowest level for sterling relative to the dollar since the October flash-crash…
It appears the New Zealand FX traders are active early…
via http://ift.tt/2jTIS1q Tyler Durden