Is the Market Ready For Article 50?
The pound rose 0.5 percent to $1.3288 as of 7:04 a.m. London time, after touching a more than 30-year low at $1.3121 on Monday. The Bloomberg Dollar Spot Index fell 0.4 percent. The yen, the only major currency to have strengthened against the dollar since the U.K.’s Brexit referendum, was little changed at 101.98 per dollar after its rally reached levels that suggest it may have moved too far, too fast. State Street Global Markets International Ltd Global Head of Macro Strategy Michael Metcalfe discusses with "On the Move" hosts Guy Johnson in London and Caroline Hyde in Berlin.