On Monday, December 10, the pound sterling decreased markedly against the US dollar amid the news of the delay in the parliamentary vote on the British exit from the European Union.
The pound sterling dropped by 0.94% from $1.2752 to $1.263 against the US dollar.
Earlier the media reported that British Prime Minister Theresa May postponed the vote in Parliament on the Brexit deal that was scheduled for December 11.
According to the BBC, the vote delay is connected with a possible refusal of parliamentarians to vote for the deal between the UK and the EU in November. A source from Bloomberg, familiar with the situation, confirmed this information. It claimed that such a step could also be taken in order to avoid a major defeat at the Brexit vote on Tuesday.
However, nobody specify for what date the vote has been rescheduled. At the same time, the media informs that a press conference with Theresa May will be held on Monday, where, as journalists assume, the British Prime Minister will clarify the situation.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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