Brexit, short for the United Kingdom’s vote to leave the European Union, was a cataclysmic event in the history of modern Europe. Its effects were felt in every facet of international relations, from trade and diplomacy to migration regulations. However, the foreign exchange market was particularly sensitive to Brexit’s shockwaves. Understanding the long-term effects of Brexit on currency fluctuations is crucial for people involved in forex trading in UK and elsewhere who want to put current events in context and plan for the future.
Image Source: Pixabay