Dollar up against sterling, euro on revived Brexit fears

The dollar rose on Tuesday against the pound and euro as uncertainty spread ahead of the British parliament’s vote on the Withdrawal Agreement Bill which will shine light on when and how Britain will exit the EU.

The United Kingdom is expected to leave the European Union on Oct. 31, but the deal Prime Minister Boris Johnson and his European counterparts agreed last week has not been yet voted on in Britain’s parliament, which forced Johnson to request an extension to the leaving date from Brussels.

The bill is expected to be presented for a vote around 1800 GMT.

Sterling GBP= was down 0.35% to $1.291 in mid-morning trade after Johnson told parliament that if it delayed his Brexit legislation he…

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