Currencies

Brexit rocked the financial world, here's exactly what happened.

Britain's brush-off to the EU means a stronger dollar, lower mortgage rates and more.

Britain's brush-off to the EU means a stronger dollar, lower mortgage rates and more.

In the wake of the U.K.’s vote to leave the European Union, Donald Trump slammed what he described as America’s shift toward globalization and laid out his seven-step plan for economic reassurance during a speech Tuesday.

In the wake of the U.K.’s vote to leave the European Union, Donald Trump slammed what he described as America’s shift toward globalization and laid out his seven-step plan for economic reassurance during a speech Tuesday.

A weekend to digest the implications over last Thursday’s decision by the U.K. to end its EU membership didn’t do much to quell worries in global markets on Monday.

A weekend to digest the implications over last Thursday’s decision by the U.K. to end its EU membership didn’t do much to quell worries in global markets on Monday.

Ratings agency Standard & Poor's hit Britain with a two-notch downgrade to its credit rating on Monday and warned it could cut it further after Britons voted to leave the European Union last week.

Ratings agency Standard & Poor's hit Britain with a two-notch downgrade to its credit rating on Monday and warned it could cut it further after Britons voted to leave the European Union last week.

The £2 million prize was worth $3,003,200 at 5 p.m. ET on June 23, just before the U.K. held its “Brexit” referendum.

The £2 million prize was worth $3,003,200 at 5 p.m. ET on June 23, just before the U.K. held its “Brexit” referendum.

The pound fell to its weakest level since the mid-80s on Monday as anxieties about the U.K.'s historic vote to leave the European Union weighed on European currencies and stocks.

Britain's vote to leave the European Union last week sent shudders through financial markets, and understandably so.

Britain's vote to leave the European Union last week sent shudders through financial markets, and understandably so.

Thanks to the U.K.’s unexpected decision to end its more than 40-year membership in the European Union, the word uncertainty has taken on a whole new meaning for the Federal Reserve.

Thanks to the U.K.’s unexpected decision to end its more than 40-year membership in the European Union, the word uncertainty has taken on a whole new meaning for the Federal Reserve.

Global markets were in near panic as traders prepared for returns to signal the U.K. voted to leave the EU.

Global markets were in near panic as traders prepared for returns to signal the U.K. voted to leave the EU.

Sterling hit a 31-year low in its biggest fall in history after Britons voted to leave the EU and David Cameron said he would resign as prime minister.

Sterling hit a 31-year low in its biggest fall in history after Britons voted to leave the EU and David Cameron said he would resign as prime minister.