Digital Warriors & Youtubers Welcome: Before It’s News® Is A Community of Individuals Who Report On What’s Going On Around Them, From All Around The World. Anyone Can Join. Anyone Can Contribute. "United We Stand" - Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
|
Story Views
|
|
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
Sterling falls from its 5 month highs against the US Dollar as Brexit delay appears likely
The Pound has pulled back from the 5-month highs we saw late last week, after a busy weekend of politics has added to the confusion and lack of clarity surrounding Brexit.
Parliament passes Letwin amendment
MP’s took to their seats in Westminster on Saturday for only the 5th time in history and for the first time since the Falklands war, as UK Prime Minister Boris Johnson had hoped for a decision on his withdrawal deal only for parliament to delay the crucial vote. The Letwin amendment passed by 322 votes to 306, therefore parliament will withhold approval of the prime minister’s deal until the withdrawal bill implementing Brexit has been passed.
There will now be further votes this week which could impact Sterling exchange rates. Boris Johnson has also sent an unsigned letter to the European council requesting a Brexit delay which the fact that he didn’t sign it making headlines within the UK.
will there be a Brexit extension?
Despite the last minute headaches for Boris Johnson and his plans to carry out the Brexit before the 31st of this month, the Pound has managed to hold onto much of its recent gains from the past 6-business days as it appears that a disorderly Brexit has been avoided. One topic of discussion will be whether the EU leaders will allow for a Brexit extension is one is needed, as previously some EU leaders such as French president Macron and outgoing EU Commissioner Jean-Claude Junker have both ruled out extensions previously.
Over the weekend investment bank Goldman Sachs lowered the chances of a no-deal Brexit down to 5% from their previously prediction of 10%, and they reiterated their prediction that the UK will leave the EU on the 31st of this month.
If you would like to be updated in the event of a major market movement this week for the Pound, do feel free to contact one of our currency specialists using the form below.
The post Sterling falls from its 5 month highs against the US Dollar as Brexit delay appears likely appeared first on Pound Sterling Forecast.
Source: https://www.poundsterlingforecast.com/2019/10/sterling-falls-from-its-5-month-highs-against-the-us-dollar-as-brexit-delay-appears-likely/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Support BeforeitsNews by trying our
natural health products! Join our affiliate
program
Order by Phone at 888-809-8385 or online at www.mitocopper.com
Get our Free Ebook, "Suppressed
Health Secrets" with Natural Cures THEY don't want you to know!
APeX - Far superior to colloidal silver! Destroys Viruses, Bacteria, Pathogens with Oxygen plus Silver!
Supreme Fulvic - Nature's most important supplement! Vivid Dreams again!
Ultimate Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper -
Bioavailable Copper
destroys
pathogens and gives you more
energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans
out
toxic buildup with oxygen!
Organic Hemp Extract (CBD) - Full Spectrum high CBD (3300mg) hemp extract eases stiff joints, relieves stress and more!
Nascent Iodine - Promotes detoxification,
mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter
radiation by 96%! (See Video)
FINAL WARNING! Diseases are EXPLODING! Watch this Video about APeX and You'll THROW AWAY Your Colloidal Silver! APeX destroys Viruses, Bacteria and other Pathogens with the power of Oxygen PLUS Silver! Nobody else has a product like THIS! See why the inventor hasn't been sick in 16 years and why you'll never hear about it on the FAKE NEWS! Get some now and tell your friends about it too so we can reach more people!
APeX Interview - Superior to Colloidal Silver from Lee Canady on Vimeo.
Learn about APeX Here and Get the 50 Page Report in PDF format. Call us at 888-809-8385 to order by phone.
