Euro to dollar graph 2016: Pound Treads Near Multi-Month Lows vs. Euro and Dollar Amidst Fresh Political Intrigue

“The volatility seen in 2010 (at a time when the main parties were essentially vying for the center ground of UK politics) highlights perfectly GBP’s dislike of political uncertainty running into a general election. That period saw realized volatility in EUR/GBP and GBP/USD reach levels that have only subsequently been breached in the months immediately following the 2016 referendum. In light of this it seems reasonable to assume that concerns driven by political uncertainty could prove at least as elevated this time around.”

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