News

UK: House of Lords approves bill that aims to block no-deal Brexit

The British parliament's upper chamber on Friday approved the bill that aims to block a no-deal Brexit by forcing British Prime Minister Boris Johnson to ask the EU for an extension if the government fails to reach a deal by October 19. The bill is expected to become law on Monday, per Reuters.

The British pound largely ignored this development as it was widely expected. As of writing, the GBP/USD pair was trading at 1.2315, losing 0.1% on a daily basis.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.