Tuesday, 26 March 2019 23:37 WIB |
The British pound on Tuesday strengthened against its main rivals as the U.K. Parliament seized control of the Brexit process late Monday, dealing a fresh blow to embattled Prime Minister Theresa May.
In another reasonably close result, 329 members of Parliament voted in favor of so-called indicative votes to narrow down Brexit votes that can get majority support. A range of options will be taken up for a vote on Wednesday. These alternatives could include a second referendum, canceling Brexit altogether or a no-deal exit from the European Union.
May™s deal was expected to come to a third vote this week, after earlier versions were rejected by lawmakers in January and earlier this month. On Monday, the premier acknowledged that she didn™t have enough support to bring it to a vote yet.
The British pound was stronger on Tuesday, buying $1.3225, compared with $1.3196.
The ICE U.S. Dollar Index bounced back from an earlier decline and rose 0.1% to 96.672, despite weaker-than-expected consumer-confidence index for March that underlined worries about the economy. The index fell to 124.1 in March, compared with 133 expected.
Source : Market Watch