British pound volatile ahead of key Brexit vote
Tuesday’s session was dominated by the British pound and Brexit’s pending vote on how the U.K. will leave the European Union on March 29.
Sterling turned negative after U.K. Attorney General Geoffrey Cox said that while the changes May secured to her deal reduced the risk of the U.K. indefinitely being trapped in the customs union of the EU, it didn’t get eliminate legal risk, according to reports. The pound last bought $1.3012, down from $1.3149. Against the euro EURGBP, +0.8888% sterling also dropped sharply, with the shared currency buying £0.8653, up 1.2%
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