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Pound falls on Mays defeat

Already during the day yesterday, the pound fell when it was clear that May would be likely to lose – for the second time – a vote in parliament on her Brexitav

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Pound falls on Mays defeat

Already during the day yesterday, the pound fell when it was clear that May would be likely to lose – for the second time – a vote in parliament on her Brexitavtal.

the evening - where May and her government lost with the numbers 242 to 391 - the continuation of the pound to fall against the dollar and the euro.

Against the dollar fell 0.5 per cent against the euro, one cent.

After the first loss for May in January, the pound has strengthened, from $ 1.25 for a pound to around 1,33 dollars as late as Monday evening. Operators in the foreign exchange market has assumed that when it comes to the crunch, so will the british politicians to gather and vote for a Brexitavtal.

But reactions in foreign exchange markets suggest that the nervousness for a avtalslös Brexit – the Uk leaving the EU without an agreement – has increased. Currently the pound around 1:30 dollars per pound.

also increases the frustration of the political låsningarna. Industriförbundets (CBI) ceo Carolyn Fairbairn was clear in his criticism:

– It is time for parliament to stop this circus.

Today, Wednesday, parliament shall vote on a avtalslös Brexit, that is to say, if the government should be stopped from deliberately bet on that option.

there Will be a stop for it, which most point on, the house will tomorrow, Thursday, to vote on whether it should require that the government are asking the EU to postpone its departure, scheduled for march 29.

Read more: Analysis – Can May be left after this?

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