Sterling falls after negative Brexit news
Economies.com
2019-02-14 18:40PM UTC
Sterling fell on Thursday against dollar after negative Brexit news hurt sentiment.
In another slap for the UK government, the Parliament rejected PM Theresa May's strategy for Brexit in a vote today.
The Parliament refused her plans to regather support for her plans amid negotiations with the EU.
The government hoped to get Parliament's support to avoid a disastrous no-deal Brexit.
The previous vote on Brexit was overwhelmingly rejected in January.
As of 18:38 GMT, GBP/USD dropped 0.4% to 1.2796, with an intraday high at 1.2877, and a low at 1.2773.
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