Search ForexCrunch

The BBC’s Nick Robinson has tweeted that the Queen may be asked to prorogue parliament as early as today. The media outlet’s political editor Laura Kussenberg has tweeted that a  Queen’s speech may be held on October 14th, giving the opposition little time to organize. The move will be confirmed at the privy council at Balmoral later today.

GBP/USD has dropped from near 1.2300 to a low of 1.2218.

more to come