XE Market Analysis: Europe – Mar 13, 2019

The Pound has been trading firmer in the wake of the UK Parliament’s resounding rejection of Prime Minister May’s Brexit deal, with the currency showing an averaged 0.3% advance on the dollar, Euro and Yen on the day so far, and gains of slightly more than this from levels that were prevailing ahead of the vote. Today’s vote on whether to leave the EU without a deal is all but a certainty to fail, and tomorrow’s vote on delaying the Brexit process is all but certain to pass.