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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
15.25
(-0.09)
ZAR/GBP
20.29
(-0.13)
ZAR/EUR
18.23
(-0.10)
ZAR/AUD
11.25
(-0.23)
ZAR/JPY
0.15
(-0.04)
Gold
1787.51
(+0.09)
Silver
22.67
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Financial 15
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(+0.03)
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