no-deal Brexit
Brexit is now in mired in doubt, nearly three years since the United Kingdom shocked the world by voting 52 percent to 48 to leave the bloc. Supporters fear betrayal and opponents are pushing for another referendum.
May's Conservatives do not have a majority in the 650-seat parliament, relying on Northern Ireland's Democratic Unionist Party's (DUP's) 10 lawmakers to prop up her government.
Risk reversals in the pound maturing in two weeks, a gauge of demand for the currency through calls to puts, fell to their lowest levels since mid-December.
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