XE Market Analysis: The British Pound Jumps Higher on Rumors as New Votes Break the Brexit Deadlock

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OVERVIEW

  • The US dollar is trading with a softer sentiment, down 0.15% against the G-10 currencies. 
  • GBP/USD is volatile and is trading near the session high as MPs prepare for new votes on new alternatives.
  • Commodity currencies are trading higher, following strong NYMEX WTI. Oil is up 1% to trade near fresh 2019 high.

HIGHLIGHT