# Why Brexit is causing turmoil for the pound and other markets

> Sterling took another sharp fall on December 10 after May called off the parliamentary vote on her Brexit deal. The piece argues that the leadership challenge within the Conservative party had little market impact because the core uncertainty over the UK's future relationship with the EU remains.

- Date: 2018-12-12 · published 2018-12-12T12:00:00.000Z
- Category: geopolitics · region UK · magnitude low
- Page: https://feedsoft.ai/events/61818-why-brexit-is-causing-turmoil-for-the-pound-and-other-markets
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Persistent Brexit uncertainty keeps sterling volatile against the dollar, which affects the cost of dollar-priced feed imports for UK buyers. This is an explainer of recent moves rather than a new development.

## Sources

- theconversation.com: https://theconversation.com/why-brexit-is-causing-turmoil-for-the-pound-and-other-markets-108577

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.