In an interview with Sky News on Sunday morning, Mrs May said;"We're leaving. We're coming out. We're not going to be a member of the EU any longer”
Traders with one eye on the 31st March date set by the Prime Minister for the triggering of Article 50, are hungry for any indications of the government’s strategy for Brexit and have reacted to the interview causing the value of the pound to fall to a two-month low against major currencies.
The pound fell sharply in the aftermath of the EU referendum result in June and while the uncertainty over how the UK will leave the EU remains, the price of Sterling is expected to remain volatile.
In Monday’s trading, the pound was down 1.1% against the dollar by mid-afternoon and was 1.23% weaker against the neighbouring Euro.