Mubasher: The Pound Sterling dropped against major currencies on Tuesday on the back of the failure of Brexit talks.
By 10:30 GMT, the Pound lost 0.39% to 1.34 against US dollar, while Euro grew 37% to 0.88 against the Pound.
On Monday, Britain's Prime Minister Theresa May stated that she had failed to reach a complete deal in negotiations regarding the UK's exit from the European Union (EU).
"We have been negotiating hard. And a lot of progress has been made. And on many of the issues there is a common understanding,” May added.
"But on a couple of issues some differences do remain which require further negotiation and consultation,” she concluded.
