British policymakers have finally agreed on a Brexit deal, as Boris Johnsons plan saw the first ever majority in the House of Commons. But policymakers refused to hurry up to turn the withdrawal agreement into law before the October 31st deadline. As a result, the Brexit will likely be delayed, again. But this time, investors can see the light at the end of the tunnel. EUs Donald Tusk recommended that the UK is given the time it needs to sort its internal issues out to finalize the divorce. The only question is how Boris Johnson will spend the next three months. There are rising talks of an early general election in the UK.
The pound fell as investors, who had bought the rumour that BoJos Brexit deal would pass through Parliament, sold the fact.
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