British pound surges 2% vs US dollar after UK lawmakers vote to reject a no-deal Brexit

  • Sterling rose 2 percent after U.K. lawmakers rejected leaving the European Union without a withdrawal agreement.
  • The rejection of a no-deal Brexit, passed with 312 votes to 278, set up another vote Thursday on whether its official departure date should be extended.
  • Sterling extended its rally this year, posting its biggest gain since April 18, 2017 when the sterling gained 2.19 percent against the dollar.

Source: British pound surges 2% vs US dollar after UK lawmakers vote to reject a no-deal Brexit

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