FOREX-Pound steadies as merchants wait on Brexit confusion

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FOREX-Pound steadies as merchants wait on Brexit confusion

* Graphic: World FX charges in 2019 http://tmsnrt.rs/2egbfVh* British parliament approves Brexit deal, however rejects timetable* Merchants seek fo


* Graphic: World FX charges in 2019 http://tmsnrt.rs/2egbfVh

* British parliament approves Brexit deal, however rejects timetable

* Merchants seek for positives amid Brexit chaos

* Currencies search for clues on U.S.-China commerce struggle

By Stanley White

TOKYO, Oct 23 (Reuters) – The pound steadied on Wednesday after an in a single day fall as Brexit hung within the stability, with the UK Parliament nonetheless divided on how, when or even when to engineer Britain’s departure from the European Union.

The yen rose towards the U.S. greenback and the Australian greenback as some buyers sought a secure haven amid doubts about efforts to reduce a bruising commerce struggle between america and China.

On Tuesday, UK lawmakers voted by 329 to 299 in favour of Prime Minister Boris Johnson’s Brexit plan, however then opposed Johnson’s extraordinarily tight timetable to finish the legislative course of in three days by 322 to 308 votes.

It’s now as much as the EU to resolve whether or not to increase Britain’s Oct. 31 deadline for its departure from the bloc, though there may be hope Britain can keep away from the worst case state of affairs, which is leaving the EU with none deal in place.

With no main financial information scheduled in Asia on Wednesday, merchants will probably be left to ponder whether or not Britain will maintain a common election to interrupt the deadlock.

Buyers are additionally intently waiting for indicators of a thaw within the U.S.-China commerce struggle,…



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