Sterling traders took fright after MPs voted in favour of
re-opening talks with Brussels
The pound fell sharply on the foreign exchanges after MPs failed
to seize control of the Brexit negotiations from Theresa May in
order to rule out a no-deal departure from the EU.
Sterling dropped by more than a cent against the US dollar to
its lowest point of the day after a series of votes in the House of
Commons were seen as increasing the prospect of Britain leaving
without an agreement on 29 March.
Source: FS – All-News2-Economy
Pound falls after Commons vote spurs no-deal Brexit fears