• British pound spikes amid Brexit developments

    6 days ago - By ETF Daily News

    From Anneken Tappe : The British pound GBPUSD, +0.2882% rallied to a two-month high against the U.S. dollar on Monday following a report from ITV that Conservative members of the European Research Group will vote in favor of Prime Minister Theresa May's Brexit deal on Tuesday.
    The ERG had previously been critical of May and were instrumental in forcing an unsuccessful leadership challenge against her in December. Parliament will vote on May's deal on Tuesday, following a day of deliberation and votes on amendments. The vote was initially meant to take place in December but was postponed as...
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