Sterling tumbles on Brexit worries; dollar rebounds 10:47am EST [Reuters]
Manulife Financial Corporation (MFC)
Last manulife financial corporation earnings: 2/12 05:00 pm
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Source: Reuters
Sterling tumbles on Brexit worries; dollar rebounds | Reuters 3 Min Read NEW YORK (Reuters) - The pound slid to its weakest level in nearly 1-1/2 years against the dollar on Monday as British Prime Minister Theresa May postponed a parliamentary vote on her Brexit deal, rekindling doubts about U.K.’s departure from the European Union in March. The greenback enjoyed a mild recovery following its steepest weekly drop versus a basket of currencies in three months last week, as traders reduced their expectations that the Federal Reserve might pause its interest rate hikes sooner than previously thought. “It’s definitely weakening the pound,” said Chuck Tomes, associate portfolio manager at Manulife Asset Management in Boston. “It’s casting more uncertainty about a Brexit vote.” The U.K. parliamentary vote for May’s Brexit proposal was set for Tuesday. Opponents and supporters of Brexit joined in opposition to her deal. At 10:21 a.m. (1521 GMT), the sterling GBP=D3 was down 0.63 percent at
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MFC
Earnings
- 2/14/24 - Beat
MFC
Sec Filings
- 4/25/24 - Form 6-K
- 3/25/24 - Form 6-K
- 3/22/24 - Form 6-K
- MFC's page on the SEC website