20-10-2019 21:47 via news.yahoo.com

Pound Falls as Much-Awaited Brexit Breakthrough Proves Elusive

(Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Sterling fell after U.K. politicians failed to deliver the decisive Brexit vote that had been promised at the weekend.The decline brought to a halt a four-day winning streak that was fueled by speculation Prime Minister Boris Johnson could win parliamentary backing for his divorce deal. But strategists say the drop may prove short-lived.“Investors will have to balance the disappointm
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