Expect ongoing headwinds into next week: Jeremy Stretch

All the uncertainties and volatility are not going to end with just a day's trade, says Jeremy Stretch, Head, G10 FX Strategy, CIBC. He told CNBC-TV18, that he expects ongoing headwinds into the next week.The falling pound will also lead to weakness in the euro, which will result in dollar benefiting from safe haven flows, says Stretch.With a steady recovery of the pound, oil prices are also seeing a rise. But from a demand perspective, crude could face troubles, says Miswin Mahesh, Oil Market Analyst, Barclays."400,000 barrels per day of oil demand is at risk of being affected," he says.Watch video for more.