UK lawmakers are widely expected to reject Prime Minister Theresa May's divorce deal with the European Union on Tuesday, which could send the British pound into a tailspin.
The only real question is the size of May's loss.
One analyst said the pound could weaken in the immediate aftermath of a defeat to $1.24, which would place it near its lowest level since early 2017.
A loss for the government might be good news for the currency in the long run. Analysts think a defeat for May makes it more likely that Brexit will eventually be delayed, or called off altogether.
from CNN.com - RSS Channel https://cnn.it/2Fyi1BW
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