Brexit Deal Approval Helps Sterling Steady – 26 November, 2018
Britain sealing a deal with the European Union helped the pound steady, with European leaders endorsing Theresa May’s plans, though Conservative an opposition parties are still may not give up a vote that easily. Concern over sterlings recent performance has many skeptical about market pricing and suggests the plans wont pass the first time in parliament. Against the dollar, the pound traded flat at $1.2821, and dipped 0.1 percent against the euro to 88.51 pence. Theresa May will be taking on a two-week campaign in attempt to sell her plan to the British electorate.