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Pound slips after Parliament backs reopening Brexit negotiations

Published 01/29/2019, 03:49 PM
Updated 01/29/2019, 03:49 PM
© Reuters.  Pound slips after Parliament backs reopening Brexit negotiations
  • U.K. Parliament backs the Brady amendment to renegotiate Brexit after it voted to avoid a no-deal Brexit.
  • The British pound weakens 0.5% against the U.S. dollar.
  • Among other amendments voted on:
  • Corbyn's amendment on various options including customs union: Rejected.
  • Delay Brexit: Rejected.
  • Give Parliament control of the process: Rejected.
  • Debate bill on extending Article 50: Rejected.
    • U.K. Prime Minister Theresa May now heads to Brussels to try to reopen Brexit negotiations, something the EU has already said they won't do.
    • Update: An EU spokesman says the bloc is ready to consider a Brexit delay.
    • Previously: Who's taking control of Brexit? (Jan. 29)
    • ETFs: FXB, EWU, OTC:GBB, DBUK, FKU, HEWU, QGBR, DGBP, FLGB, UGBP
    • Now read: From Hot To Cold


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