Pound PLUNGES against the euro and dollar after MPs vote

Pound PLUNGES against the euro and dollar after MPs damage investors' hopes of soft Brexit and leave Britain hurtling towards No Deal The pound dropped about 0.5 per cent against USD and EUR after MPs voted  MPs once again rejected every alternative Brexit plan including a customs union  The result is a blow to Remainer hopes of forcing the PM into backing soft Brexit 

By Tim Stickings For Mailonline

Published: 22:32 BST, 1 April 2019 | Updated: 07:20 BST, 2 April 2019

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The pound dropped sharply on currency markets after MPs once again rejected every option in a series of Brexit votes. 

Sterling fell against both the dollar and the euro as the chance of a softer Brexit appeared to diminish in the wake of the latest Commons results. 

In the moments after Ken Clarke's customs union proposal was rejected by three votes, the pound was at €1.164 and $1.305, a drop of around 0.5 per cent against both currencies. 

The results leave the door open to a chaotic No Deal Brexit in less than two weeks if MPs cannot agree a way forward. 

The pound fell sharply against the dollar (pictured) in the wake of the latest 'indicative votes' in the House of Commons, which once again saw every Brexit option rejected by

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