# Pound gains on bets court ruling cuts immediate Brexit risk | Financial Post

> Sterling gained 0.6% to $1.2504 after the UK Supreme Court ruled that Prime Minister Johnson's suspension of parliament was unlawful. Uncertainty over a possible general election and the Brexit outcome limited the rally.

- Date: 2019-09-24 · published 2019-09-24T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/57316-pound-gains-on-bets-court-ruling-cuts-immediate-brexit-risk-financial-post
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

The ruling reduced perceived no-deal risk, lifting the pound and modestly weakening the dollar. Effects on feed commodity prices are indirect and limited.

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/pound-firms-after-uk-court-rules-parliament-suspension-illegal

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.