The pound falls to its lowest level in nearly two years against the dollar

The pound fell against the dollar to its lowest level in nearly two years due to optimism sparked by the UK's search for a Brexit deal.

Several retailers have warned that the UK could experience food shortages if Britain leaves the EU without an agreement on 31 October.

Until now, the comments of the British Prime Minister Boris Johnson suggest that the United Kingdom will emerge from the bloc without an agreement.

At the same time, concerns over the trade war between the world's two largest economies add to the uncertainty of stock market and foreign exchange markets.

In terms of trading, the pound fell 0.2% to 1.2146 against the dollar at 19:11 GMT after registering 1.2049, the lowest since early 2017, the British currency registering today the most high at 1.2191 and the lowest at 1.2121.