XE Market Analysis: Europe – Nov 15, 2018

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The Dollar has traded broadly softer, extending a them that has evolved over the last couple of days. Sterling has settled at moderately higher levels after rallying during the New York PM session on news that the UK government’s Cabinet approved the Brexit plan, though the odds for the plan passing in parliament look to be limited, with Eurosceptic members in both Conservative and Labour parties, along Northern Ireland’s DUP and a good chunk of Europhile members of parliament, set to vote against the “worst of both worlds” plan.