FX round-up: Pound weakens ahead of Lords vote, MPC

Sterling started the week off on a weak note, ahead of a Lords vote on Tory rebels' demands for a 'meaningful vote' in Parliament in case of a 'no-deal' Brexit. Indeed, the impasse over the Irish border and the political disarray in Westminster had led some officials on both sides of the Channel to conclude that negotiations were unlikely to reach any kind of conclusion until year end. Against that backdrop, cable was 0.29% lower as of 2053 BST at 1.32040, having plumbed an intraday low of ...

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