...pro-Brexit British prime minister, succeeding no-Brexit Theresa May. BoJo is noted as much for his sparkling personality and his hair as for his Conservative policies....threatened to call a snap election to push through Brexit, with analysts warning the currency could fall even further.
Johnson's warning that he will call a poll for October 14 if rebel politicians in his Conservative party vote to force another delay to Brexit raised the possibility of an extended period of uncertainty in Britannia, where the economy is already struggling.
"We are leaving on October 31, no ifs or buts," he said in a statement outside 10 Downing Street.
Sterling ‐ which sank around one percent Monday ‐ dropped briefly to $1.1959, its weakest level since January 2017.
The euro was also sitting around levels not seen since the second half of the same year, as investors prepare for a huge day in Westminster with anti-Brexiteers planning to hold a vote on their return from the summer break.