Lawmakers convene in the House of Commons as the European Union agreed Monday to delay Britain’s exit date from the bloc to Jan. 31, once again postponing Brexit and potentially paving the way for a British general election beforehand.

Paul Sedgwick, chief investment officer at Frank Investments, says that we ‘could see the pound recover’. He explains that, with the weakness in sterling, he would have expected the FTSE 100 to have performed better than it has done this year.

It would seem that the days of the mighty dollar may no longer be so mighty. Instead, it is the British pound that is the latest flavour of the day.