Sterling skyrockets after Brexit deal changes



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The pound sterling is gathered today over rumors that British Prime Minister Theresa May would be about to get approval for her agreement on Brexit after the European Commission agreed to change it before a vote in the UK Parliament.

The pound sterling jumped up to 1.3290 US dollar while May had obtained legally binding EU insurance on the Brexit, in an ultimate attempt to persuade rebel British politicians who had threatened to vote against his divorce agreement.

After reducing some of its previous gains, the pound was trading for the last time on a 0.5% rise day at $ 1.3214. It was still up 2.1% from a low of $ 1.2945 at one point yesterday.

The euro slipped to its lowest level since May 2017 at 84.71 pence, before recovering somewhat losses. It was quoted for the last time down by a third of a percentage to 85.19 pence.

But the euro, which has recently struggled to align with a crisis economy in the eurozone, has found support for the improved sentiment and Brexit news.

The single currency was up 0.1% to $ 1.1259, extending recent gains to a third session.

According to badysts, it is unlikely that British MPs will now accept the May agreement when an expected vote later in the day, just over two weeks before the planned departure of the United Kingdom on March 29 of the European Union.

If May loses the vote on her Brexit deal today, she said lawmakers would get a vote tomorrow on whether to leave the EU without agreement and, if they do, refused, on a possible vote to request a limited deadline for Brexit.

At a joint press conference with European Commission President Jean-Claude Juncker last night, the month of May announced the release of three documents aimed at solving the most contentious part of the case. exit agreement that she had accepted in November, Irish support.

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