2/25/2019, 9:29 PM (Source: TeleTrader)
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Pound highest since Feb 1 as Labour backs 2nd Brexit vote

The British pound traded with gains against major currencies on Monday amid news that the Labour Party will support and seek a second referendum on Brexit. According to certain reports, not yet officially confirmed, the left-wing opposition party would also like to see the "remain" option on the ballot of a potential referendum.

The sterling was 0.41% higher against the United States dollar, buying $1.31054 at 9:22 pm CET, unseen since February 1. It jumped 0.74% against the Canadian dollar, changing hands for CAD $1.72845 at 9:24 pm CET, while increasing 0.75% compared to the Japanese yen, buying ¥145.54000 at 9:25 pm CET, which is most in almost three months.

Against the Swiss franc, the pound was up 0.37% at 9:25 pm CET, selling for 1.31058. At the same time, it added 0.11% against the euro, changing hands for €1.15300, highest since January 29.

Baha Breaking News (BBN) / NI