The risk of a no-deal Brexit is not negligible, says DBS

3:38 AM ET Wed, 14 Aug 2019

Philip Wee of DBS says the British pound could move toward a $1.15 to $1.20 range. He also says the political hurdles to a no-deal Brexit are "not small," but acknowledges this is the first time the U.K. prime minister is a hardliner.