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Dollar rebounds with oil as pound falls on Brexit

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London - The dollar rebounded with oil and gold fell, as investors focused on President Donald Trump’s plans to boost growth. The pound fell after a UK court ruled that Parliament must vote on triggering Brexit.

The greenback advanced against most major currencies, reversing declines sparked after Treasury Secretary nominee Steven Mnuchin said a strong US currency could have a negative short-term effect on the economy. 

The pound extended losses after judges ruled Prime Minister Theresa May must ask Parliament to trigger the two-year countdown to the UK’s departure from the European Union, handing lawmakers a chance to soften the plan. Gold fell after touching the highest since November while oil climbed above $53 a barrel.

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ZAR/USD
16.48
(+0.18)
ZAR/GBP
21.37
(+0.05)
ZAR/EUR
19.45
(-0.06)
ZAR/AUD
11.60
(+0.40)
ZAR/JPY
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(+0.31)
Gold
1906.03
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Silver
24.63
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(-1.51)
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