Another day, another vote -After it's day.....>

FOREX: Another day, another vote

-After it's day in the sun yesterday, GBP sits at the bottom of the G10 pile

early Thursday, but bulls will have taken some confidence from the currency's

ability to hold the bulk of yesterday's sharp gains. Short-term implied vols

remain acutely high for GBP crosses, with the House of Commons seeing another

set of votes this evening on whether to endorse a material extension to Article

50, effectively delaying Brexit, to find a longer-term solution. GBP/USD lost

its $1.33 handle ahead of the NY crossover, but yesterday's lows of $1.3062

remain a distant thought. Voting is scheduled to begin again from 1900GMT

onwards.

-The greenback trades well across the board. Yesterday's dip below the 100-dma

for the USD index has been erased (initially triggered seemingly by the

grounding of Boeing's 737-max fleet) but gains are modest as 97.00 remains the

USD bulls' target.

-US weekly jobs data, import/export price indices and January new home sales are

the calendar highlights.