May plans withdrawal agreement bill vote next week following leadership reprieve – Sky News


After senior conservatives turned down rules to allow a leadership challenge, Sky News came out with a news report stating that the UK PM Theresa May is preparing for her next Brexit battle, with a plan to give MPs a vote on the key piece of legislation to take the UK out of the European Union as early as next week.

The report further said that the prime minister is now getting ready to ask MPs to ratify her Brexit deal by introducing the Withdrawal Agreement Bill (WAB), which enshrines her Brexit plan into UK law, in the coming days.

It should be noted that the GBP/USD pair dropped to the lowest in nine-weeks on Wednesday and is near to the same 1.2900 area during early Thursday.

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.

Feed news

Latest Forex News

Editors’ Picks

EUR/USD: On the defensive ahead of German data

EUR/USD fell 0.65% on Monday, the biggest single-day drop since July 1, as the weekend's attack on Saudi's oil production facilities put a haven bid under the USD. A below-forecast German data will likely accentuate bearish pressures around the EUR. 

EUR/USD News

GBP/USD: Bearish MACD highlights 2-week-old support-line for sellers

Following its pullback from 1.2507, GBP/USD has been on the sellers’ radar with the recent quotes being around 1.2430 amid initial Tuesday morning in Asia. The pair aims to revisit short-term rising trend-line.

GBP/USD News

USD/JPY eases-off seven-week tops as risk-aversion creeps in

USD/JPY retreats from seven-week highs of 108.36, as risk-off returns amid poor Chinese data, US-Japan trade news and ahead of the key central banks' events this week. S&P 500 futures turn negative while Treasury yields drop over 1%. 

USD/JPY News

Gold pulls back to sub-$1,500 region in search of fresh catalysts

With fewer catalysts to rely on, Gold prices trade near $1,497 during Tuesday’s Asian session. The yellow metal benefited from the drone attack on Saudi Arabian oil facilities that destroyed the oil-rich nation’s 50% output.

Gold News

Waiting for the FOMC’s good oil

Drowned out in a glut of oil headlines overnight, the FOMC two-day meeting starts today in the United States. The FOMC meeting will almost certainly concentrate on the bigger economic picture.

Read more

Forex MAJORS

Cryptocurrencies

Signatures